Entries by Reed Hogben (12)

NFL Season Wins: Lucky or Good?

No matter how you slice it, luck plays a large role in the win-loss records of many NFL teams. A missed or made FG, a key injury and a turnover here or there can easily turn a 10-6 team into a 6-10 one and vice-versa.

The Betting Doctor’s Luck Index

I have reviewed 2006 for the results in three areas that I consider to be primarily based on luck:

1. Games Lost by Starters due to Injury
2. Turnover Margin
3. Net Win/Loss Record in “Close Games” (i.e. final margins of a TD or less)

Now I can already hear you saying that the above things are not lucky and perhaps even predictable. Some teams might have better off-season training and a great strength and conditioning coach. Maybe they play on a grass football-only home field without dirt and astroturf and seams and are thus less injury-prone. Perhaps aggressive D’s and young/poor QB’ing create turnovers. And well coached veteran teams with great placekickers win the close ones.

I still think luck is by far the biggest factor in injuries. I have a system where you can make a lot of money by betting on short term turnover differences to balance out. There are also many close games where a break here or there can change the final result.

 The Lucky and the Unlucky

In order to create my index, I have ranked each team from first to worst on the above three categories. I then added up each team’s three ranking numbers. Finally, I ranked those from 1 to 32. I created the index like a golf score so the team with the lowest score is the unluckiest and vice-versa. My thinking is that luck will revert to the mean and the unluckiest teams will increase their wins this year, while the lucky teams win totals will drop. Here is the alphabetical listing with each team’s “Luck Index”:

ARI   18
ATL  17
BAL  31
BUF   9
CAR   4
CHI  31
CIN  14
CLE   2
DAL  23
DEN  14
DET   1
GB    24
HOU   5
IND   24
JAX   6
KC    26
MIA  13
MIN  12
NE    28
NO    16
NYG  10
NYJ   26
OAK   7
PHI   21
PIT   18
STL   29
SD    30
SF    20
SEA   8
TB     3
TEN  22
WAS 11

Let me give you some idea of the range of difference along these three scales. Cleveland finished “first” in injuries with 83 lost games by injured starters while Dallas had a measly 8. Turnover margin went from the -23 of the Raiders to the Ravens +17. And Detroit was an incredible -7 in close games with SB Champ Indy and the Titans both +5. The three unluckiest teams (Detroit, Cleveland and TampaBay) won a combined 11 games, while the three luckiest (Baltimore, Chicago and San Diego) won 40! In fact, there is a 76% correlation between the index and season wins. Partly that is because close wins obviously correlate 100% with wins; but the correlation between turnover margin + injuries with season wins is still 60%.

I strongly suggest you consider how lucky or unlucky a team was when looking at last year’s record as you handicap this year’s posted season win totals.

 Next time we’ll look at the other key factor… strength of schedule.

Reed Hogben M.D.

The Betting Doctor 

 

 

 

 

Posted on Sunday, August 5, 2007 by Registered CommenterReed Hogben in | CommentsPost a Comment

NFL Freebie ("The Betting Doctor", Reed Hogben M.D.)

Buffalo @ Houston:

Subjective: Edge Texans. Expect they still remember -5 TO L @ Buff. to open LY. This only HG in 6 wk stretch for Houston. Poss. LD (letdown) for Bills after near miss @ Indy LW. Not going to read too much into that, as Colts in flat spot and only Bill TD a fumble return. Texans seem to be “getting it” now under new HC Kubiak covering 3 of 4 with only L a bogus one @ Tenn.

Objective: Their D only allowing 13 ppg that stretch. O out-rushing and out-passing their opposition as well. Despite 4 of L5 on road, Houston -8 by my PSPR (point spread power ratings). Even after bye, Bill’s O sputtering to 162 and 184 total yards L2. Give Carr the edge over inconsistent Losman and expect WR Moulds to be pumped to go vs former team. Texans improving faster under new HC than Bills.

Assessment: Not a big fan of laying pts with losing teams, but only a FG here looks too good to pass up.

Who or What: Houston -3

When: Soon

For: 4% of Bankroll

That is one of the plays as it appears  in my “NFL 5-Pack” today. I also have a “Double-Header” package with recommended sides in Indy-Dallas and SD-Denver. Check them out @  cappersgallery.

Posted on Sunday, November 19, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

Minnesota @ Sacramento ("The Betting Doctor", Reed Hogben M.D.)

Wolves off weekend L to Blazers. Home opener for Kings and quick revenge opportunity from season-starter @ Minny Nov. 1 (Wolves 92-83).

That one tight until Bibby’s mid-4Q ejection for verbal zebra abuse; King reserve Taylor had already been booted earlier. Sacramento held a clear edge in hustle stats, with rebounding edge of 51-38 including 22 on offense. That partly a function of uncharacteristically poor shooting of < 35% with 12 of 15 bricks from downtown. Kings took 17 more shots but still lost. Sacramento holds one of the league’s best home court advantages and expect much better performance tonight. Their C Miller is ? with plantar fasciitis and may explain early drop in line. His presence not crucial. 

Kings should be all business and with home cooking, Artest and Bibby hit much better than combined 11 for 40 of game 1. Sacramento by 7 or more. 

Posted on Monday, November 6, 2006 by Registered CommenterReed Hogben in | CommentsPost a Comment

CFB Freebie ("The Betting Doctor", Reed Hogben M.D.)

Hawaii @ Utah St., 3 PM Eastern:

Last road G for Warriors who finish season with 4 @ H. Lucky for them, as warm weather island boys a money-burning 2-10 ATS away in November. Last trip to Logan was 1965. Aggies off bye and an O uptick with 21 ppg L4 after 7 pts total in 1st 4. It was 50-23 UH in Honolulu LY.

Aggies ran for 150-plus in that one and my numbers have them doing so again TY. Big dogs that run can grind clock and shorten games. Recent UH O explosions (62 vs deflated Idaho LW) have line over 10 pts more than it was LY and venues are a lot different. Weatherman calling for high of about 50 with rain and possibly snow early.

Throw in lots of altitude and Warriors are in tough to cover almost 4 TD’s in a bad role for them. Play ON Utah St.

 

Posted on Saturday, November 4, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

Turning Turnovers into Profits ("The Betting Doctor", Reed Hogben M.D.)

What is the single most important statistic in the NFL with respect to covering the spread? Turnovers!

My research has shown that there’s a >60% correlation between TO margin and a team’s point spread record on the season. In any given game, achieve a TO margin of only +1 and your chances of covering are almost 65%; at least +3 and it’s >85%. The problem with turnovers is that they can be unpredictable. Let me show you three ways in which I try to play “prophet” to profit from them.

The “Turnover Turnaround”: The majority of turnovers are simply the result of good or bad fortune. Many a game has been decided by a tipped pass that turned into a “pick-six” or the bounce of a fumbled loose ball. I keep a 3 week moving average of each team’s TO margin per game. Every week, I am looking for games where there is an absolute difference of at least three to make a wager ON the unlucky or AGAINST the lucky team. One game this week in which that scenario occurs is Houston @ NY Giants.

The “Bogus Win” (and Loss): Quite commonly, there will be games in which the winning team was outplayed but won almost entirely because of turnovers. I look to bet AGAINST them and ON the team they beat the following week. The Pittsburgh @ Oakland in Week 8 game typified this scenario. The Raiders had only 98 yds of offense, but were +3 in TO’s including 2 pick-sixs in their 20-13 win.

The “Sloppy Win”: This term is from handicapper Dan Gordon. Occasionally a team will win despite it’s turnovers. Because they won while not taking care of the ball, they often carry on their sloppy play the next week and lose. A good example was Baltimore’s Week 4 win. Despite 3 TO’s, including 2 McNair int’s, the Ravens were able to rally for a 16-13 win over San Diego. Sloppy QB play persisted in their subsequent loss @ Denver as McNair repeatedly forced passes into coverage throwing three more picks. To qualify, the winning team must have at least three turnovers and more turnovers than the team they beat.

Posted on Tuesday, October 31, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

Show me the Money … Line (The Betting Doctor, Reed Hogben M.D.)

I bet a lot of dogs on the money line. Why? It means more money!

Often when bettors bet underdogs, they look at the points they get in the bet as a type of insurance. In my opinion, rare is the instance when they are not paying more for this insurance than it is worth. Assuming accurate handicapping they would make more money by passing on the insurance and laying the same percentage of bankroll on the odds offered by the money line.

In the NFL, favorites and underdogs go about 50/50 ATS over the longer term. This means that for any given 100 games, on the average, in 50 the favorite will win and cover. The other 50 games are made up of those in which the favorite wins but does not cover and those in which the underdog wins (and covers as well obviously).

Historically, the winner of the game covers about 83% of the time. If we subtract the 50 favorite covers from 83, we get 33 games where the underdog wins straight up. So if the underdog covers, only a third of the time (17/50) does it need “insurance” to do so.

There is a correlation between the pointspread and the likelihood of an underdog covering by winning, the higher the line the less likely an outright victory; but the money line can usually more than make up for it. So what does the money line have to be to make the insurance too expensive at any given pointspread? Below are the “break-even” money line odds for different pointspreads based on the NFL results of the past 10 years. If you’ve already decided you’re betting the dog and you can get these odds or better, you’ll make more money in the long run by betting that dog on the money line.

Less than +3:    +110
+3:                   +125
+3 1/2 to 4:       +140
+4 1/2 to 5 1/2: +175
+6 to 7:             +220
+7 1/2 to 9 1/2: +280
+10 or more:     +375


Last week I bet 7 moneyline plays: Nebraska +230, San Diego St. +470, Kansas City +198, Tampa Bay +220, Carolina +155, Washington +410 and Minnesota +254; all @ 4% of bankroll. Their record was 4-3. In a fairly typical week, one money line bet cost me a cover (Nebraska), another a push (Carolina) and the third (Washington) didn’t matter. What was the difference to the bottom line?:

If you had a hypothetical $10,000 bankroll and bet the recommended 4% ($440) on each… +$3,705. Making these same bets with the points, you go 5-1-1 ATS for… +$1,560.    

Your only other consideration in money line wagers is your “Mental Bankroll”. If your money line dog loses but still covers (e.g. Nebraska) will you be able to take it in stride, or will you need to cannonball a six-pack to keep from yelling at your wife and kicking the dog (pun intended)? Personally, my Mental Bankroll would be more affected if my 6 1/2 point dog paying +254 (i.e. Minnesota) won SU and I had only bet them with the points.

The Wrong Team Won! (The Betting Doctor, Reed Hogben M.D.)

One of my more successful NFL wagering “systems” is to bet the follow-up of a “wrong-team-won” game. I credit the original idea to Dan Gordon, but I’ve modified his criteria somewhat. After performing my boxscore “autopsies” there are typically 2-3 of these games each week. Team A will out-stat Team B, but usually have a negative Turnover margin and there may be other oddities like big special teams plays, key injuries or bogus officiating that ultimately result in a SU Team A loss.
 
LW there were three such games:
  1. Down 21-7 late 3Q, Seattle got a jump ball TD and a FG on consecutive possessions, both drives keyed by pass interference penalties. The Rams then fumbled the ensuing KO leading to a 22 yd TD “drive” and gave up another FG after a poor punt. After giving the lead back Seattle won with a last play FG, despite being out-passed by almost 100 yds, but with a +1 TO margin.
  2. The Jets were out-FD’d 24-15 and out-yd’d 395-272. But, with +3 TO’s and a missed Miami FG at the end, they escaped OT.
  3. Chicago-Arizona: No explanation required.
The way to play the follow-up is bet ON the team that should have won if they’re a DOG and AGAINST the team that should have lost if a FAVORITE. The losing team feels ripped off and because they’re a dog are doubly motivated. Teams that are undeserving winners that come back vs a supposedly inferior team tend to be complacent.
 
This weekend, play against Seattle and against the Jets. The Rams (bye), Miami (favored), Chicago (bye) and Cards (favored) don’t qualify. 
Posted on Saturday, October 21, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

The Medical (Injury) Report and your Bankroll ("The Betting Doctor", Reed Hogben M.D.)

How can you use injuries to make money in sports betting? Let’s review some general principles:

When is an injury an injury?:

NFL teams report injuries under the following categories with their supposed percentage chance of the player actually playing: Probable - 75%, Questionable - 50%, Doubtful - 25% and Out - 0%. They can be fined for misrepresenting the true status of injured players. The league is of course on paper as being against betting; however they don’t want their teams getting the better of us bettors! To avoid fines, teams will play it safe by putting any player who might not play in at least the probable category and will only put a player in the out category if there’s no way he’s playing. Probable basically means playing. Doubtful basically means doubtful. What to make of the all-to-common Questionable? As the weekend approaches, look to see whether or not the player is practicing. If he practices, make him probable; if he doen’t make him doubtful.

All things being equal, an injury to a marquee player helps the underdog, regardless of which team the underdog is:

When the injured player is from the favored (and supposedly better) team, they tend to think they’re good enough to win without him anyway. However, the underdog gains motivation as they see it as an increased opportunity to pull the upset. Week 1 example: Atl +4 @ Car., star WR Smith out; Falcons 20-6. If the dog has a key injury, the other players tend to suck it up to make up for it, while the favorite gets complacent or over-confident. Week 2 example: KC, QB Green out +101/2 @ Den., Broncos 9-6 in OT.

Injuries to marquee players are often over-rated, causing big line moves that can be bet against:

LY’s closing line for KC @ Den. was -3. LW the OL was -8 and was subsequently bet up to and through the key number of 10. In week 1 TY, Big Ben’s appendix was worth 5 pts. (not on E-Bay) and both the key numbers of 4 and 3 as the line moved from -5 down to pick ‘em.

Look for teams with under-rated injuries and bet against them:

The most under-rated injury is to the Center. He is the “quarterback” of the OL. All that finger-pointing from Peyton and C Jeff Saturday is to alter blocking assignments on the fly at the line of scrimmage. The C must help the OL adjust or their O will suffer. My favorite example is the TB-Oak. Super Bowl. Raider C Robbins goes M.I.A., the line doesn’t move, yet QB Gannon runs for his life all day resulting in multiple picks and sacks. LW, the Rams played without 156 game consecutive starter C McCollum and gave up 6 sacks in 20-13 road L as a 3 pt. fav. The other under-rated inuries to look for are multiple (or “cluster”) injuries within the same unit; either the OL, DL or secondary. In these units, the players must function as one, if two or more are injured they’re performance suffers.

If a team plays inspired because of an injury, look for them to let down the next week:

Pittsburgh made up for Roethlisberger’s absence in week 1, but could not match that intensity last Monday night.

Posted on Thursday, September 21, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

Free Prescription from "The Betting Doctor" (Reed Hogben M.D.)

I often joke with my patients that free medical advice is worth exactly what you pay for it; I hope this analysis is worth more than that.

Conf. opener & G3 for both. Cavs W LY 27-17 as 3 1/2 pt HF, moving series W streak to 3. The most pts scored by GT in those games is 17. UVA 1-5 ATS L6 as AD. After LW, Wreck is 6-9 ATS as HF under HC Gailey.

Cavs D, especially their secondary is probably under-rated. However UVA has issues on O in general and @ QB in particular. LW it was musical passers as all 3 saw action. Their O has a grand total of 29 pts in regulation while giving up 21 in pick-sixs. I do not want Virginia. How about the Yellow Jackets? OL of -13 1/2 now -17; can they get and keep that margin? LY despite NFL WR Johnson, they averaged <19 ppg. He missed part of LG and may still be <100% tonight. Under Gailey, GT has had a tendency to play conservative lower scoring games. Despite 9 RS on O, DD fav is not a good pointspread role for them. Although their D (esp. DL) looks solid, they did give up 20 to Sun Belt’s Troy LW, including the ATS-losing back-door garbage TD. I do not trust GT to get a blowout

If you must, put some fun money on GT and try and sweat out a cover.

1% of Bankroll. As I write, you can buy to -16 1/2, -110 @ Pinnacle or use the free half point @ Skybook.

Posted on Thursday, September 21, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment

The Times (and Lines) They are a Changin', part Deux ("The Betting Doctor", Reed Hogben M.D.)

Last Tuesday my entry looked at comparing lines based on last year’s final ratings with this year’s CFB opening lines. Had you bet against the double digit moves, you’d have gone 4-1 ATS. Vandy, USC, Texas and Memphis all covered. The lone loser was La. Tech.

Let’s use the same process to analyze Week 1 in the NFL. More parity means smaller line moves so we’ll lower the criteria to differences of at least a TD. There are four games, with last year’s (LY) first and this year’s opening line (OL) second:

Miami @ Pittsburgh (pre-appendectomy) -14 (LY), -5 (OL)

Denver -11, -31/2 @ St. Louis

Seattle -15, -31/2 @ Detroit

San Diego -13, -21/2 @ Oakland

Again let’s use an example of a team’s last game for further illustration. The Steelers were 41/2 point fav’s in the neutral site Super Bowl. Throw in home field advantage, and they have opened as smaller fav’s over the Dolphins. No line value to be had by playing Miami, Rams, Lions or Raiders. 

 

Posted on Monday, September 4, 2006 by Registered CommenterReed Hogben in , | CommentsPost a Comment
Page | 1 | 2 | Next 10 Entries