By Jeremy Martin
The NBA has long been known as one
of the hardest sports for bettors to win money at. Since
rosters are small and there are a manageable number of
teams in the league, bookmakers have been releasing increasingly
solid numbers year after year. It’s no secret that
pro hoops is consistently one of the top money makers
for the sportsbooks.
Even though the books make a good profit by taking NBA
action, most managers will admit that they have one weak
spot: NBA 'totals'. In fact, these managers
will readily admit that they lose money every season
booking NBA totals. While they make a killing with 'sides', which
are popular with the general betting public, totals continue
to be problem because they are a favorite of the professional
bettors.
“I am not saying every single game or every single
circumstance, but over time there are definitely more
weak totals numbers (in the NBA) than side numbers,” said
Doug Beil, race & sportsbook manager for Terrible’s
Hotel/Casino, who added that totals make up only 20 percent
of his NBA handle. “The people who bet and handicap
totals just spend more time and are better at it than
maybe the casinos and the odds services are willing to
admit.”
Most sportsbook managers will agree that totals action
makes up a small percentage of their total NBA handle.
This can bee seen as a positive for the average bettor
who is looking to gain an advantage in pro hoops. As
long as the general public continues to stay away from
totals, the books will continue to take the small losses
in that area as long as they continue to profit on sides.
“Sides get a lot more action (about triple),” said
Rob Gillespie, president of BoDog Sportsbook & Casino. “For
most bettors it is easier to handicap teams than totals.
They know the players, they know the recent results,
but knowing how a team does relative to the over/under
requires more information than you can get from a mainstream
sports site like ESPN or the USA Today.”
While the numbers for sides are relatively stable, the
numbers for totals tend to move more frequently. This
instability is great for bettors, who can find a wide
range of numbers on a particular game while gaining a
chance to ‘middle’ the books in situations
where a game’s line moves several points. According
to Bob Scucci, race & sportsbook manager for the
Stardust Resort & Casino, totals lines can move up
to nine points.
“NBA totals is one of the easiest things to win
at for a bettor and one of the hardest things to book
as a bookmaker,” he said. “There’s
so much volatility (in NBA totals). Not only do you have
to pinpoint the right number to book, but if you move
it a point it is not really going to deter the betting
on that side. You really need to move it two points or
four points (to start receiving two-way action). So sometimes
you see eight or nine point moves and all that does is
open yourself up to a bigger middle. “When you
start dealing with numbers in the 200s, it is extremely
difficult to make a solid number. The difference between
a total of 212 and 216 is not that big. If you see a
game move two or three points, that’s a pretty
big move for a side. If you see it move three points
on a total, that’s not even significant. They almost
all move at least three points in the totals.”
Even though betting on sides is a losing proposition
for most, there are plenty of bettors who consistently
beat the house. The NBA is the No. 3 most popular sport
for most sportsbooks after pro and college football.
Most bookies agree that there’s a similar ratio
of professionals and public bettors playing the NBA that
there is in football. And just like in football – where
a small percentage of the betting public comes out ahead – there
are many who win money by betting sides and totals for
pro hoops.
One of the biggest factors in successfully handicapping
sides is paying close attention to injuries, according
to Scucci.
“The majority of making lines for the NBA is knowing
who is going to be starting and playing and who is not,” he
said. “Certain players are just so critical to
the game. Every team has one key player that is worth
at least three to five points. It is more a matter of
who is going to be on the floor than it is just taking
statistics from the previous games because you might
take the last 10 games that a team has played and try
to use that as a basis for a number and then realize
that those last 10 games were played without (a key player).
It’s like handicapping two completely different
teams.”
One example of this is last Friday’s Orlando/New
Jersey game. Magic superstar Tracy McGrady was listed
as a game-time decision due to an injury. While most
books decided against posting a number on this game until
they knew if McGrady would play or not, some released
the game at Orlando +12. According to Scucci, this line
would have been Orlando +10 with McGrady and +15 without
him. Books who released the game at +12 were setting
a number that was two or three points off regardless
of the star player’s status. McGrady ended up playing
the game and the Magic lost by more than 20, but in situations
like this some books expose themselves by posting soft
lines.
Public teams are also a factor in betting the NBA, as
they are with college and pro football, and most of the
major team sports. The Lakers are the biggest of the
public teams and the books tend to shade them or add
extra points to the line in order to draw action to the
opposing team, especially in nationally televised games.
Teams that are hot also tend to be shaded.
“The NBA is streaky,” said Scucci. “Sometimes
teams go on eight or 10-game winning streaks. You will
see a little more shading when teams are running hot
and playing well. Sometimes (teams) will go into a little
bit of a skid and they are not playing well so there
is some shading going on in the lines.”
“The Lakers are the biggest public team in recent
years and their woes this season have been well documented
and they sit 26th (against the spread),” added
Gillespie. “Memphis is a team that has been on
the opposite spectrum (bettors have liked to go against
them) and they are in the playoff race and have the 4th
best record ATS. I think bettors are learning to look
at each game in more detail and not just bet the favorites
or against the perennial cellar dwellers.”
Source: www.DocSports.com