By William Foote
Our approach to regular season NFL
handicapping is of the contrarian or value seeking variety.
After all, our opinion has long been that most information
is priced into NFL lines already. As such, we place a
much higher premium on public sentiment than on the fundamentals.
This strategy dictates us playing mostly dogs and/or
the
lesser competent teams.
Come playoff time, our approach changes drastically.
After all, history shows us that the number of favorites
who cover far outnumber the amount of dogs who cover
in the post season. Moreover, the amount of double
digit margin of victories (as a ratio to single digit
margin of victory) is alarmingly high as compared
to the regular season. We have chronicled in the past
the why and wherefores of this dynamic. So with all
of this in mind, it is no wonder we lay a lot of
wood come December and January.
A fellow handicapper of whom we follow rather closely
expounded on this idea. No doubt, his observations
make an abundance of sense. While his thought concurred
with ours in that the better team usually wins and
covers in the NFL Playoffs, he went on to say "the
better team is not always the favorite".
In hindsight, the Ravens were the dog many times on
their way to winning the Super Bowl. However, they indeed
were the better team in each of the games they played.
We’ve looked back over the years and culled similar
examples. This last weekend provides as good of example
as any.
Despite heavy public sentiment for both, a warning sign
during the regular season, we felt very strong that
the Eagles and the Raiders were the superior teams.
After watching the games, we are not certain this is
true. While there is no denying that Oakland is better
than Tennessee, we can make a solid case that the underdog
Bucs are a better team than the Eagles. That is in
hindsight of course!
So what is the lesson? All of this study
still leads to NFL Favorites being an excellent point
spread proposition
come the post season. a better proposition however,
and one that does always go hand in hand with the team
that is favored; is to simply bet whom you believe
the better side is. That is irrespective of the point
spread. (This strategy equals death in the regular
season!!!) Furthermore, it would make sense that if
the better team is an underdog, one should bet them
on the money line as well. Most likely if they cover,
they will also win outright.
To sum up; the NFL regular
season has much to do with weighing public sentiment
and value seeking. The NFL
post season has much more to do with fundamentals and
isolating the better team.
Source: www.SuperiorDaily.com