Random Holidays

Brett Favre and the Minnesota Vikings are undefeated no more. The Pittsburgh Steelers’ used a couple of big plays from their defense in the fourth quarter to break open a close game and defeat the Vikings by a final score of 27-17. Favre put up decent yardage in the loss, throwing for 334 yards but had no touchdowns and an interception. The defending Superbowl Champion Steelers improved to 5-2, while the Vikings are now 6-1.

NFL pointspread players who backed the Steelers as -6 home favorites were rewarded with the cover. Pittsburgh had only covered one of their first six games heading into the contest, and the win improved their record against the number to 2-5. Minnesota dropped to 4-3 against the spread with the setback. The 44 points scored went UNDER the posted total of 46′.

The Steelers largely shut down Minnesota’s rushing game, holding Adrian Peterson to 69 yards. Pittsburgh safety Ryan Clark underscored his team’s dominance against the run:

“That’s the biggest point of the game. You have the best running back in the world and you don’t give it to him. They’re saying they can’t beat us running, and that’s a major statement when you have the guy they have back there.”

Serious sports bettors often dismiss futures wagers as sucker bets targeted at ’squares’ looking for a big payoff. For example, a typical futures ’sucker bet’ would be something like betting that Harvard will win the NCAA basketball tournament at 500/1 odds. Sure, the potential payback is huge but here’s the problem–the “true odds” of Harvard winning the NCAA hoops tournament are astronomical, and certainly well in excess of 500/1. That means that from the outset this bet represents a poor wagering value.

Even for the more pragmatic bettor, the inherent problems with futures wagers are readily apparent. You have to tie up your wagering capital for a long time. More significantly, once your bet is down you’re at the mercy of the countless interceding events that can influence the fortunes of a sports team. Its hard enough trying to weigh the significance of scheduling, injuries, personnel movement and so forth on a day to day basis. Controlling for all of these variables over an entire season is impossible.

So why bet futures at all? More so than anything else, its essential to think of sports wagering not in terms of who wins or loses, but in terms of value. Properly utilized, future book wagers are often a great source of value. Below are some of the ways I like to use future wagers:

Carolina Panthers’ quarterback Jake Delhomme struggled on Sunday against the Tampa Bay Buccaneers, and was fortunate that his running backs bailed him out. Delhomme threw for only 65 yards with two interceptions, but D’Angelo Williams (152 yards) and Jonathan Stewart (110 yards) kept the chains moving as the Panthers won their second straight game defeating the Bucs 28-21. Tampa Bay has now lost ten straight dating back to last season and are 0-6 for the first time since’85. The fact that they ended up starting that year 0-9 on their way to a 1-15 record doesn’t bode well for the rest of the season.

NFL sports bettors were faced with a choice between two teams with dismal ATS records in this game, and those who had the guts to take a 1-3 team as a -3 road favorite were rewarded with the cover. It was Carolina’s first NFL pointspread cover of the season and left them with a 1-4 record against the number. Tampa Bay has covered one of their six games this year.

Delhomme attempted only seven passes in the second half, but the way Williams and Stewart were running there was no reason to put the ball in the air. Williams said that even though Tampa Bay knew what was coming they couldn’t stop the Panthers’ running game:

One of the cruel ironies of human existence is that bountiful gifts are often given to those who cannot handle them. Beauty and money come immediately to mind, but talent in a particular discipline is often bestowed upon those who cannot maximize it to its greatest potential. Still others are unwittingly destroyed by some trait or characteristic that makes them exceptional. That’s what makes an athlete like Michael Jordan so exceptional-seldom are awesome talent, desire, discipline and dedication found in the same package in such prodigious abundance. The mass of humanity often reaps the benefits of their talents despite their external flaws. Such was the case with poker great Stu Ungar, who was found dead in his room at the Oasis Motel in Las Vegas on November 22,’98.

The Kentucky Derby takes place every year on the first Saturday in May, and its a race that many horse racing novices like to follow. Along with the Breeders’ Cup and the other ‘Triple Crown’ races, the Derby attracts the most mainstream attention. Understanding the intricacies of horse racing is a very involved study.

Despite the complexity of understanding horse racing, there are a few basic rules that can help the novice watch the Kentucky Derby with a greater degree of enjoyment. Until recently, the Derby was a race dominated by the favorite. In the 1970’s great horses like Secretariat and Seattle Slew blew away the field but since Spectacular Bid’s winning run in 1979 there have been only a couple of favorites to win the big race. While a serious horse player might not want to categorically dismiss the popular favorite, for the horse racing novice this is a helpful way to narrow down the field.

Betting preseason NFL games never fails to elicit an irreconcilable difference of opinion among sports betting enthusiasts. Some consider it a very poor wagering opportunity, while others maintain that there’s no better moneymaking opportunity in sports than pro football’s preseason. The truth is probably somewhere between the two extremes–NFL preseason betting must be approached with caution and discipline, but offers the potential to make a tidy profit before the regular season kicks off.

The most compelling argument against preseason wagering is simply that the games don’t count. While there are often spots during the regular season where teams may seem more or less motivated, in theory they all want to win. That’s not something that can be taken as a ‘given’ during the preseason, however, as the individual agendas of NFL coaching staffs can very widely. Some might want to win games to establish a winning attitude, others might put a greater focus on working in a new offensive or defensive scheme. Others may prioritize evaluating talent at key positions, while others may simply want to make it through to the regular season without any significant injuries. With all of the uncertainty swirling around preseason football, handicapping wins and losses against the pointspread can be exceedingly difficult.

Former Chicago Bears running back Cedric Benson got revenge on the team that let him go in the best possible way. Benson amassed 189 yards rushing and led his new team, the Cincinnati Bengals, to a 45-10 rout over the visiting Bears on Sunday. Carson Palmer threw for five touchdowns with no interceptions in the blowout victory. Cincinnati improved to 5-2 with the win while Chicago dropped to 3-3 on the NFL season.

The Bengals also made short work of the NFL pointspread, easily covering as +1′ home underdogs. Cincinnati improved to 4-3 against the number while Chicago evened their ATS mark at 3-3. The 55 combined points sailed OVER the posted total of 42′. The Bengals have gone OVER in four of seven games this year while the Bears evened their NFL totals mark at 3-3.

A smug Benson described his feelings after the win:

“Everybody knew it was going to be an emotional day. Everybody knew. What a wonderful day and a wonderful thing, to go out there and strut your stuff.”

Despite the evidence to the contrary, Benson downplayed the motive of revenge:

The Green Bay Packers didn’t do a good job protecting their quarterback last Sunday, but against the lowly Detroit Lions it didn’t really matter. Packers’ QB Aaron Rodgers was sacked five times, but Green Bay used a big first half offensive outburst to coast to a 26-0 NFL victory over the Detroit Lions. Rodgers threw two first half touchdown passes which was complimented by four Mason Crosby field goals as Green Bay improved to 3-2 on the season.

NFL football betting enthusiasts who backed the Packers as -14 home dogs easily cashed their tickets with Green Bay’s third pointspread cover in five games. Detroit slipped to 2-4 against the spread. The 26 points scored went UNDER the posted total of 48′. Green Bay has gone UNDER in two of their five games this season, while Detroit evened their NFL totals record at 3-3.

In the victory, Packers’ receiver Donald Driver passed Sterling Sharpe for first place on the franchise reception list. Sharpe finished his career with 596 receptions, Driver now has 602. After the game, he talked about the accomplishment:

The Venetian Hotel in Las Vegas now stands where the former Sands Hotel once stood. With over 4,027 rooms and suites, the Venetian offers unique dining, shops, a spa, entertainment, art, and complete relaxation to make any holiday complete.

Guests at the Venetian Hotel enjoy large beds, sofas, marble entrances, detailed moldings and railings. In addition, each room has huge marble baths, phone, television, and sunken living rooms. Guests can also enjoy a mini bar, fax facilities, and private gaming table/chairs.

24-hour security, safety deposit facilities, maid service, concierge, valet parking, ATM machines, staff translators, wake-up services, and laundry/dry cleaning facilities are just some of the amenities offered the guests of the Venetian Hotel.

Over 200 video games and slot machines, 122 gambling tables, horse racing, and betting on all sports are just a few of the things those who love to gamble will enjoy at the Venetian.

Whether it’s musicals, rock ‘n’ roll bands, dances, or musicals you enjoy, the Venetian offers them all in their newly opened live theater. Shows come in from all over the world, including London, New York, Toronto, and other theatrical capitals. The entertainment is sure to please guests of all ages and tastes.

Sports betting futures wagers can be an entertaining and profitable investment, but there are a number of pitfalls. These are some things to avoid:

You gotta shop around: More specifically, you have to ’shop points’ just as you would with a straight bet. This is crucial in all forms of sports betting but particularly key with futures wagers. There are often greater variances in the prices from book to book on future plays than any other type of wagering proposition. The reason for this is simple–most books are less concern with what the ‘other guys’ are doing as they are with keeping their own position ‘in balance’. All in all, the sports betting marketplace just doesn’t react as quickly to changing futures prices as it does to individual game lines.

In a competitive field, don’t obsess with picking the winner: This may sound like a strange concept, but once you understand the theory behind it it makes perfect sense. In a large field–the NCAA basketball tournament is a perfect example–the top few favorites are invariably priced at odds that are less than the ‘true odds’ of them winning. On the other hand, there are always teams that fly ‘under the radar’ available at higher prices that present a betting overlay.