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04/16/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Unless we see a handful of defections between now and May 1, it looks as if the $300,000 Lexington Stakes will not be a major factor in determining the Kentucky Derby lineup.
The only horse with a chance of reaching the starting gate on the first Saturday in May is Todd Pletcher's Connemara, and even if the son of Giant's Causeway hits the wire first, Pletcher isn't 100% certain he'll send the chestnut colt into the first leg of the Triple Crown.
Still, the Grade 2 event is a compelling betting race featuring 12 horses of equal talent. Even the morning line oddsmaker had difficulty determining a favorite as four colts are between 4 and 6-1.
The tepid early favorite is Uptowncharlybrown, who'll be the sentimental choice after losing his trainer, Alan Seewald, to a deadly heart attack earlier in the week. Linda White, his longtime assistant, will saddle the fifth-place finisher from the Tampa Bay Derby.
Uptowncharlybrown does receive a positive rider change going from Daniel Centeno to Garrett Gomez but the long-striding son of Limehouse is still an unknown over the Polytrack surface. It's quite possible even with the jockey switch that the colt could regress in the Lexington.
As mentioned earlier, Connemara is the lone horse in the race with a chance to be draped with the blanket of roses in two weeks. He ran third in his last start - the Lane's End Stakes at Turfway Park - the first time he failed to finish first or second in five lifetime appearances.
Connemara has had multiple problems getting out of the gate with the rest of the horses and it severely affected his chances in the Lane's End after hopping at the start. Don't expect his penchant for poor breaks to improve in the Lexington as he has now broke slowly in four of his five career efforts.
Kettle River is another colt with something to prove after a disastrous eighth- place finish in the Sham Stakes back on March 5. In that race, jockey Brice Blanc got him in all sorts of trouble right from the start breaking dead last in the 10-horse field. Remaining in that position after checking slightly around the far turn, the son of Congaree was finally free and clear through the stretch but had little in the tank inside the final furlong.
As is the case with Uptowncharlybrown, a rider change from Blanc to J.J. Castellano could move the horse forward. The unknown factor is Polytrack as Kettle River has never set foot in a race on that type of synthetic. Nevertheless, his workouts at Keeneland could indicate a liking for the surface, especially after he breezed five furlongs in 1:00 3/5 earlier in the week. If he's ever going to get back to his winning ways, this Saturday could be the day.
One horse that shouldn't have any problems with Polytrack is Krypton. The son of Rock Hard Ten prevailed in an allowance race on opening day at Keeneland by over six lengths, and Kiaran McLaughlin sends him right back 15 days later.
He should break quickly from the rail but the key will be for jockey Alan Garcia not to get caught in an early speed duel with Exhi. If those two colts go too fast in the first half of the race, it is doubtful either one will find himself in the winner's circle.
Speaking of Exhi, he's the second Todd Pletcher-trained horse in the race besides Connemara. Don't forget, the four-time Eclipse Award-winning trainer has won the Lexington the last two years with Advice and Behindatthebar.
Exhi was abused by Odysseus in a Tampa Bay allowance race in mid-February, losing by 15 lengths. However, he had a built-in excuse that day since it was his first start off a 116-day layoff.
The son of Maria's Mon bounced back to win the Rushaway Stakes at Turfway Park, the same day as the Lane's End. Ridden by Russell Baze, the bay colt led by a full length throughout, with splits of 47 2/5, 1:11 2/5 and 1:37 3/5 for four, six and eight furlongs, before finishing up the 1 1/16 in 1:44 2/5.
For comparison purposes, the internal fractions of the Lane's End were 48 2/5, 1:12 3/5 and 1:37 4/5, with the winner, Dean's Kitten, running a slower time at each point in the race. In addition, the horse on the lead for all three splits wound up ninth and last.
Robby Albarado will take him as far as he can go on Saturday but don't expect similar results since Krypton will be breathing down his neck for much of the race.
LONGSHOTS TO CONSIDER
I mentioned earlier that the Lexington is a very contentious race, so there will be a few decently-priced horses to keep a watchful eye on.
Call Shot comes to Keeneland off a third-place finish to Radiohead and Homeboykris in a one mile allowance race at Gulfstream Park on February 27. He ran his final quarter-mile that day in 24 1/5 showing that the 1 1/16-miles won't be too much of a burden.
Don't forget, the $235,000 yearling purchase was actually favored over (and defeated) American Lion last September. He then followed up that effort with a win (via disqualification) over Polytrack at Keeneland.
Call Shot has been working well over the track as evidenced by his 58 2/5 bullet on April 5 - his fastest work of 2010. There's a good chance he'll be at least 10-1, so pluck a few dollars down on the son of Tale of the Cat.
Prince Will I Am makes his first start in almost two months since an eighth- place run in the Fountain of Youth. In fact, he's now lost twice to Eskendereya by over 30 lengths. On the other hand, the Kentucky-bred already has a victory at 45-1 and a second-place finish at 42-1 so he's proven to be able to fool the public on more than one occasion. His late closing style should pay dividends at Keeneland so don't rush to throw him out of the exotics.
Distorted Dave comes into the Lexington off a huge score at Santa Anita, knocking off both Big Man Has a Sign and Indian Firewater by over four lengths. Trainer John Sadler has been hot as a pistol with Sidney's Candy and Line of David winning Grade I stakes this month so toss Distorted Dave at your own risk.
Chief Counsel is another colt with a license to improve off his last outing. The Bill Mott-trained three-year-old was the next-to-last priced horse in the Lane's End but finished a decent fourth in his first graded stakes appearance.
He comes into the Lexington off just one posted workout since that race but it was a dandy 46 4/5 breeze over the track last Saturday. It will be interesting to see if he is able to carry some of that early morning speed into the race, especially since his only start at Keeneland was a gate-to-wire victory over First Dude, who just finished third in the Blue Grass.
Unfortunately, he's stuck all the way on the outside in post 12, so even if Kent Desormeaux wants some early speed he might be forced wide if Exhi, Heavenville and Kettle River all break sharply from his inside.
Heavenville comes into the Lexington off a 6 1/4-length win in an ungraded state-bred stakes event on Louisiana Derby day at the Fair Grounds. His 1:44 2/5 final time for the 1 1/16-mile race compared very favorably to Mission Impazible's victory in the Derby so keep that in mind when you see him go off at 20-1 or higher.
Selections: 1) Kettle River; 2) Call Shot; 3) Distorted Dave. The longshot is Prince Will I Am.
MEDAGLIA d'AMOUR RETURNS
After knocking off entry-level allowance foes on March 14, Medaglia d'Amour takes a giant step up in class this Saturday in the Grade II Santa Barbara Handicap at Santa Anita.
The four-year-old filly also must contend with the grueling 1 1/4-mile distance after running a flat mile last month. However, she's bred to run all day as her dam, Izara, is a half-sister to Fraise, and her granddam, defeated John Henry in the 1983 Oak Tree Invitational.
Tuscan Evening, the expected favorite, comes into the Santa Barbara riding high a three-race stakes winning streak so Medaglia d'Amour's price should be a square one.
If she is able to come through with a victory, there's no telling how good the Ben Cecil-trained filly could be.
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Two playoff teams from 2007 take center stage on the NFL Network Sunday night in a Week 2 NFL betting match-up when the (0-1) New England Patriots betting head south to Florida for a contest with the (1-0) Tampa Bay Buccaneers.
New England HC Bill Belichick couldn’t care less about the way his team plays in the preseason. With a chance to tie last week’s game with the Baltimore Ravens betting, He elected to go for the two-point conversion and outright victory. The conversion failed, and the Pats ended up falling to the Ravens by a 16-15 final count.
New England rolled off twelve unanswered points to give it a chance at securing the victory, but it never threatened to cover the 3.5-point spread. NFL bettors saw this one coming, as they bet the Ravens down from +6 to +3.5 as the week progressed. QB Tom Brady didn’t take part in the Patriots first preseason clash, but could see action this weekend.
His three replacements all put up embarrassing numbers. They went a combined 17 for 33, and threw three interceptions and no touchdowns. The New England defense was encouraging, as they held the Ravens to 2/12 third down conversions and surrendered just ten first downs. That ‘D’ should be bolstered with the addition of former Bucs and Denver Broncos betting safety John Lynch, who could make his Patriots debut on Sunday against his former mates.
HC Jon Gruden had to be impressed with the way his Bucs played on both sides of the ball in their dominating 17-6 victory over the Miami Dolphins in Week 1’s NFL pre-season betting action. Bucs bettors were quite happy with the effort, as they made a mockery of the fact that they were underdogs in the game.
The logjam at the quarterback position didn’t get any easier to separate for Gruden, as all four of his QBs had positive experiences in the first exhibition of 2008. The four combined to complete 28 of their 40 passes for 204 yards and a touchdown, and that was without starting QB Jeff Garcia in the lineup.
RB Michael Bennett had 19 carries and four receptions, totaling 90 yards and a touchdown. Expect to see more of Bennett, Kenneth Darby, and Earnest Graham, as they all compete for playing time with Warrick Dunn in the backfield this season. Defensively, the Bucs recorded four sacks and held the Fins offense in check all day.
First round draft pick Aqib Talib was impressive in the secondary, recording a tackle and two pass defenses in his debut. Don’t be surprised to see Talib in the starting lineup opposite Ronde Barber for the Bucs in ’08.
The betting trends suggest that NFL bettors should be backing the Bucs in this intra-conference exhibition.
These two teams hooked up last year in Tampa Bay, with the Bucs winning that game 13-10. The Buccaneers have only lost one preseason game at home dating back to the beginning of the ’05 preseason. The Patriots have had a mixed bag of results in their recent exhibitions. They have gone 2-2 ATS and SU each of the last three years.
New England currently sits as modest 1-point favorites in this preseason showdown with the ‘total’ now sitting at 34.5.
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There is little doubt that the NFL is where the sportsbooks see the most action and also make the most loot. The NFL possesses betting friendly attributes that are unlike any of the other major sports. First off, there are relatively few teams to keep track of in comparison to college football betting or college basketball. And second, these teams play only once a week which makes staying on top of the results much easier than it is in the daily leagues such as the NBA, NHL, and MLB.
These dynamics, along with the sheer excitement of watching and wagering on football, brings more square action to the table than any of the other sports. Almost every Tom, Dick and Harry in America is an NFL expert in their own mind and that is precisely what the oddsmakers prey upon.
Understanding who bets the games is just as important as understanding which teams are playing the games. The market at times will dictate price, which in the betting world means the oddsmakers cater to the public rather than reality.
Knowing the market inside and out is the basis of our NFL handicapping model. That is, our approach to NFL handicapping is of the contrarian or value seeking variety. We will at times place a higher premium on public sentiment than on the fundamentals. This strategy dictates playing dogs and/or lesser competent teams, or teams the public wants nothing to do with. Or better yet, fading the teams the oddsmakers want you to bet on.
Along these same lines, we carry a similar notion that the first week of the NFL season presents one of the ripest opportunities for the astute gambler. This conflicts with conventional wisdom and/or handicapping lore, as most would say it is better to watch a few games and assess each team before jumping in with both feet. That’s all fine and dandy, but there are some interesting trends to exploit in Week 1 and we’d be remiss to ignore them. Let us quickly explain.
Gone are the days of dynasties, where the same core players stay intact and dominate the league year after year. Free agency and player movements can completely transform teams from one season to the next. In today’s parity-driven NFL, poor teams typically don’t stay poor for all that long and excellent teams must constantly reinvent themselves to stay on top.
The temptation might be to assume prior year results are the best indicator of who is going to cover in Week 1. To Joe Public, playoff teams from the prior season, home teams, favorites, and so one, look even more enticing than usual since there is no current season performance to judge them against. But the question begs: are the oddsmakers setting a trap?
To find the answer, we culled five years worth of Week 1 NFL data. As always, all of our analysis is done from an ATS perspective. The purpose here is to share the most important angles we unearthed and try to explain the logic behind them. So strap on your helmet, throw on your shoulder pads, and follow our lead as we expose some rare holes in the oddsmakers’ line of defense.
Home vs. Away Teams
Over the past five seasons, NFL home teams in Week 1 are just 31-42-7 ATS (42 percent). This of course implies that roadies are a 58 percent winning proposition during this time. The public at large has a tendency to overvalue home teams and this is especially true in Week 1 when there is no current season data to make predictions from. Consequently, the oddsmakers almost surely shade the home teams, by and large making road teams the choice for the value player.
Conclusion: Look long and hard at road teams first when handicapping the opening week.
Price ranges
Favorites are just 31-42-7 ATS (42 percent) in the opening week over the past five NFL seasons (Coincidentally, home teams hold the same ATS record as noted above). This means that underdogs bark at a 58 percent clip. Mid-range favorites performed the worst among our specified price ranges. In particular, favorites priced between –3 1/2 and –6 1/2 are only 8-15 ATS (35 percent) during this time.
The same basic pattern holds true when looking at home favorites (road favorites gravitate towards a 50 percent mean). Home favorites indeed are just 21-32-3 ATS (40 percent) in the first week of NFL action since 1999. Again, mid-range favorites are similarly the poorest performers when we look at home teams. Consider that home teams priced between –3 1/2 and –6 1/2 have stumbled to a 6-13 ATS (32 percent) mark in Week 1 games the past five seasons.
Conclusion: Like home teams, favorites and particularly mid-range favorites are generally overvalued in Week 1.
Playoff teams
It might surprise you to learn that playoff teams from the prior year versus non-playoff teams from the prior year are a mere 16-23-3 (41 percent) ATS in NFL Week 1 games over the past five seasons. Home teams which made the playoffs versus teams which did not make the playoffs from the prior season drop to a meager 7-14-1 ATS (33 percent) during this time.
Why are playoff teams, and in particular those at home, such bad bets the past five openers? Just as the case with home teams and with favorites, oddsmakers intentionally overprice playoff teams in the opening week to compensate for the public’s propensity to over bet them.
This theory holds true just looking at straight-up records from the past season as well. That is, home teams with winning records from the prior season vs. road teams with losing records from the prior season are just 8-13 ATS in Week 1 NFL games since 1999.
Conclusion: Playoff teams from the prior year and in particular, home playoff teams, are overvalued in Week 1 NFL games.
Scoring defense and scoring offense
Do good defenses and for that matter good offenses from the prior season fare better against the number the following year in Week 1 games? Well, sort of. Generally speaking, teams with a solid offense or defense from the prior season tend to do well in the opening week so long as they are on the road. As a host, however, the best offenses and best defenses from the prior year tend to be overvalued in Week 1.
Consider that the top five scoring defenses (i.e. points allowed) from the prior season are a nice 8-4 ATS (66 percent) on the road in NFL openers the past five seasons. Meanwhile, the top five scoring defenses from the prior season are just 3-8-2 ATS (27 percent) as a host in Week 1 during the same time period.
There is no discernable advantage or disadvantage for teams with a top five scoring offense (i.e. points scored) in Week 1 games. However, when we look at scoring offenses from the bottom up (isolating the five worst offenses from the prior season), the results are rather interesting. In particular, teams ranked in the bottom five in scoring offense from the prior season are 9-4-1 ATS (69 percent) when on the road in Week 1.
The logic is simply that the public perception is a poor scoring offensive unit from the year prior will have little chance of winning on the road in Week 1. In turn, the oddsmakers compensate for this perception and these poor offensive teams from the year prior carry extra line value on the Week 1 trail.
Conclusion: Teams with top-ranked defenses from the previous season are good bets when playing on the road, but poor bets when playing at home. Also, teams ranked among the bottom five in scoring offense from the prior season are generally a good value in their Week 1 openers, provided they are playing on the road.
Scoring margin
An exceedingly straightforward way of measuring scoring offense and scoring defense together as a whole is to look at a team's “margin." Margin is simply scoring offense minus scoring defense, which is a fairly clear-cut measure of how a team does on both sides of the ball. Typically, the higher the margin, the better the team.
In this regard, it might seem counterintuitive that teams carrying the higher margin from the prior season in week one matchups are merely 31-42-7 ATS (42 percent). Furthermore, road teams with the higher margin are 14-20-6 ATS (41 percent), while home teams with the higher margin are 17-22-1 ATS (44 percent). Once again, these results line up with the theory that better teams from the prior year are overvalued come opening day of the following season.
Conclusion: “Better” teams, which often boast a higher margin than their opponent, are overvalued the following season in NFL openers.
In sum
Oddsmakers cater NFL betting lines to match public perception and also to bait the public into poor bets. The temptation to use the prior year’s success as a buy sign for how a team will perform against the spread in Week 1 of the following season is an enormous trap.
The fact is, isolating road teams, road dogs, non-playoff teams vs. playoff teams, teams with a losing record or low margin vs. playoff teams or ones with a high margin from the previous year is where the line value resides. Quite simply, taking the road less traveled is your surest path to NFL betting profits.
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