Tuesday, March 9, 2010

How to win betting college basketball tournament games

Tip-off of Duke Blue Devils vs. North Carolina...Image via Wikipedia


The regular season is over except for one Ivy League game and the automatic bids are starting to fill in part of the NCAA Tournament dance card, with many of the so-called mid-majors having their conference championships completed. This leaves the bigger and more well-known conferences, along with a sprinkling of somewhat smaller leagues to start filling in with their respective teams.
In order to win during ESPN’s Championship week, you have to follow somewhat different rules than the regular season in wagering this week. Here are aspects to remember.

1) Choosing the right pooch

In most conferences tourney’s, underdogs are an above average wager, as these teams generally have more motivation and likely need to win to get in the tournament. One thing to look for is underdogs that have lost to opponent by 10 or more points twice and are double digit dogs before the semi-final round. This is where an unfocused favorite is most vulnerable and likely will go thru the motions against opponent that has been coached up for this being “a brand new season”. This can be particularly true if the underdog has already won one game in first round of larger conference event and has built a little momentum.

2) Underdogs in the right range

Another situation to look for is an underdog that has lost twice to the same opponent but by five or less points in home and away situations in the same season. The scores tell us the difference between the two teams is not that significant, a shot here, a few missed free throws or late turnover could have been the difference. The underdog knows they are capable of beating this team; they just have to go out and prove it, which they are certainly capable of. This can be especially true if they have a lower defensive shooting percentage than their opponent on the season. Best bets are those at three points or higher.
3) Don’t get carried away with revenge

One of the most common mistakes I see and hear is sports bettors playing into multiple revenge situations. The two bits of information I just laid out do fall into revenge areas, but don’t get carried away. One such circumstance would be playing against a favorite, who defeated opponent by 15 or more points twice and in both cases the spread was single digits. In all likelihood, the oddsmakers will once again set a number below 10, making this a bad wager and here is why. If the underdog has been blown out twice and the oddsmakers is still calling for tighter game, something is amiss. The next step is to find if there is a matchup issue for the underdog, a player they can’t contain or maybe a style of defense they can’t solve. Old school handicapping would say bet the underdog seeking revenge, but today’s athlete is more confident to “work” opponent and is fearless knowing they can school foe yet again.

Another case would be a single digit underdog who lost by 25 or more with the teams meeting only one time and they were dogs by less than 10 points in previous meeting and have lost two of the prior three confrontations in past years. Basically the same scenario, the favorite cleans the clock of opponent and has history with many of the same players on the roster to do so yet again.

4) When in doubt go Under

Totals become a greater focus in college basketball this time of year, even for those that don’t play them a great deal during the regular season. Conference tournaments are about familiarity and coaches have more than enough film to understand tendencies of whom they are about to play and the pace slows considerably. This is not a revelation, as those setting the numbers are keenly aware, however they can’t deviate too far off the performance chart of how teams have played and all season, low-balling a number they might prefer, but than being slammed with a high volume of Over money, leaving them susceptible to being middled.

5) Road Warriors are safe bet

Always know the road record of matched teams in any meeting. Teams that have success on the road are less likely to give a bad performance as a favorite or underdog if they understand how to play away from home. It wasn’t a coincidence that William and Mary made the Colonial final, despite having no pedigree do to so. The Tribe entered the title game 12-6 and 11-6 ATS as a visitor. It’s worth watching Southern Mississippi who is 12-3 ATS away from Hattiesburgh and Richmond this week, who posted 10-6 and 11-4 ATS mark on the road.

One word of caution, don’t follow spread records exclusively, know the score. A team like East Carolina that might look attractive at first glance at 1o-5 against the spread when out-of-town, but are they a good bet say at +8 or less when they lose on average by more than 10 points a game?

6) Numbers don’t lie

By now, most every team has played around 30 games or more and as former NFL football coach Bill Parcels said, “you are who you are”. If a team is around .500, yet has won five in a row, study the numbers to understand what has changed and look up information on the team. Maybe a change in the lineup sparked a hot streak or if this team was underachieving until recently and finally started playing up to level most suspected they should all year, that would be reason to look beyond the numbers.

Otherwise, don’t presume a team like North Carolina, who has surrendered 78 points per game away from Chapel Hill, is suddenly going to be a defensive maven and win the ACC Tournament because they decided to turn it on. Can it happen, of course, is it likely too, not really.

7) Follow coaches, just carefully

This past week, I was reading thru several different forums and at least on 20 occasions from a variety of bettors, they were all going to play Creighton to beat Bradley in Arch Madness, for first game for both squads because of the coach’s history. Dana Altman is a proven X’s and O’s coach, and has won The Valley tournament a number of times and had success in the NCAA tourney as well. One big thing to remember, he did this with better than average to very good teams. He came into matchup with Bradley, with a boring 16-14 club that was 3-12 and 4-11 ATS away from Omaha. The Blue Jays were four point favorites and were scalped by the Braves 81-62.

It makes sense to back a coach with a solid March history, but only if he has the players capable of maximizing his skills.

8) Need to know info

This is a bit self-serving, but Steve Makinen of StatFox worked his tail off in finding some of the finest information you will discover anywhere about particular conference tournaments. It’s on the site, so make sure to read it and keep it handy this week in making decisions. For me personally, I picked up two winners that I was on the fence about and dropped two games that would have been losers, because of this information.

One last case to remember. Just because a team hosts a conference tournament does not make them a lock to being champions. There have been ample times this has occurred, however they can also fail. Already this year,Mercer made the championship game on their home floor and came up short as an underdog to East Tennessee State and top seeded Coastal Carolina failed as a favorite in title tilt as a home favorite to Winthrop.

Make certain to follow these tips and you too can become a consistent betting winner during championship week.


Reblog this post [with Zemanta]

Sunday, March 7, 2010

Baseball Betting - How to Bet on Baseball

Crowd outside the 1903 World SeriesImage via Wikipedia

Baseball Betting - How to Bet on Baseball
Many longtime sports bettors will say that baseball is the easiest of the major sports in which to show a profit, yet it's one of the least wagered on sports around.

In the book "Sports Betting: A Winner's Handbook" Jerry Patterson states, "More big scores have been made betting on baseball than any other proposition."
The most common assumption on why sports gamblers don't wager on baseball is that they don't know how. There is no point spread and the odds used for baseball wagering look foreign to them. But it's actually quite easy.
The first thing prospective baseball bettors need to do is understand how the money line works.
Smart bettors and professional gamblers will seldom give odds greater than -140 when betting on baseball and always look for a reason to bet the underdog. If you bet nothing but underdogs you can win less than half of your bets and still come out ahead in the long run.
The Run Line
The run line is essentially a combination of the point spread and the money line rolled into one. Don't worry, once you see it in action, it's not nearly as confusing as it first sounds.

The run line uses a constant spread of 1.5 runs, although on very rare occasions you may see it jump to 2.5 runs. The team that is favored on the money line will also be the favored team on the run line.
Let's use an example of the Royals playing at the Red Sox. On the regular money line we may see odds like:
Kansas City Royals +165
Boston Red Sox -180
As you remember from your reading on the money line, what this means is that Red Sox bettors are asked to risk $180 to win $100, while Royals bettors will risk $100 to win $165.
But when betting with the run line, we would expect to see the same game looking closer to:
Kansas City Royals +1.5 -125
Boston Red Sox -1.5 +105
Now, those people betting on the Royals are risking more money than they will win, in this case $125 to win $100, but they are receiving 1.5 runs. Even if the Royals lose by one run, those betting Kansas City on the run line will win their bet because of the 1.5 runs.
Looking at another game, this time where the road team is favored, we'll choose the Padres at the Giants. For our purposes, let's say the odds on the game were:
San Diego Padres -115
San Francisco Giants +105
On the money line, Padres bettors will risk $115 to win $100, while Giants bettors will risk $100 to win $105. Using the run line, however, we would see odds resembling:
San Diego Padres -1.5 +135
San Francisco Giants +1.5 -155
The reason the odds didn't change as much for the Padres (-115 to +135) as they did for the Red Sox (-180 to +105) is because the Red Sox are the home team and will not bat in the bottom of the ninth inning if they lead by one run or they will stop batting in the ninth inning if they go ahead by a run, even if the bases are loaded and there are no outs, unless they score by home run.
The Padres, as the road team, will continue to bat all the way through the ninth inning even if they're already ahead, or if the Padres take a one run lead in the top of the ninth, they'll continue to swing away and try to add to their lead.
Betting the run like makes sense when you like a big favorite and can get them at reduced odds by giving the 1.5 runs.
It's also wise to consider the predicted amount of runs scored in a game when looking at the run line. Obviously, 1.5 runs is more meaningful in a contest where the oddsmaker is predicting a total of 7 runs to be scored than it is in a game where the predicted total is 14 runs.
How is the predicted number of runs figured? Simply by looking at the oddsmaker's over/under number on the game. If you don't know anything about over/unders, you're in luck, as that's our next topic.
Baseball Overs & Unders
If you're completely new to overs/unders, more commonly referred to as totals, a good place to get started is here.

Baseball totals are just like the totals for any other sport, in that you're betting the total number of points (runs in this case) is either over or under the bookmaker's predicted total.
The one difference is that in many cases you will have to risk more than the standard -110 used in football and basketball totals when you place a baseball totals bet. On the positive side, there will be cases where you receive favorable odds, such as +120 when you place a toals bet in baseball.
Using our earlier game between the Padres and the Giants for total purposes, it's quite possible we would see a totals proposition of:
San Diego Padres OV 8.5 -130
San Francisco Giants UN 8.5 +110[
What this means is that bettors wishing to wager more than 8.5 runs will be scored will have to risk $130 to win $100, while those wagering on the under will risk $100 to win $110.
For wagering purposes what happens in extra innings counts, both for totals and run line bets.
As a general rule, strikeout pitchers typically perform better in night games and may be solid under plays, while off-speed pitchers who don't register too many strikeouts are usually good over plays when they are pitching in the daytime.
There you have the basics to betting on the National Pastime. Bet wisely and remember that it's a long season and you might be the next gambler to be singing the praises of baseball wagering.


Reblog this post [with Zemanta]