Tuesday, December 29, 2009

An Introduction To NFL Preseason Handicapping

By Ross Everett

There's not much 'middle ground' when it comes to the desirability of betting NFL preseason games. The overly conservative handicappers suggest that its a poor wagering opportunity, while the 'boiler room' sports touts try to suggest that short of a fixed game there's no more sure thing than preseason football. There's a degree of truth in both views. Handicapping preseason NFL football is a unique discipline unto itself, but with knowledge and caution it can be a profitable endeavor.

First, let's examine the case against preseason NFL wagering. Clearly the biggest argument against it is the simple fact that the games don't count. Though spots will exist during regular season games when the motivation and preparation of individual teams may vary, in theory both teams want to win. That's not always the case in preseason football, since different coaches have different goals. Some might want to just evaluate their personnel, others might want to establish a winning attitude, and all coaches want to keep their stars from getting injured. Factor in all of the variables and conflicting agendas, the preseason naysayer would argue, and there are just too many unknowns to consider taking a financial position on.

But like the old saying goes "every dark cloud has a silver lining". And the divergent agendas at play in preseason football can be seen as precisely why it is a good wagering opportunity. For example, say the Superbowl champion Pittsburgh Steelers are set to play an 'also ran' team like the Houston Texans. By regular season standards, the Steelers would almost certainly be favored. In the preseason, however, they'll often have a different agenda for the individual game. A "better" team has more concern about protecting key players. and usually has fewer personnel decisions to deal with. They don't need to worry about implementing coaching changes, or creating 'team chemistry'. As a result, 'better' teams frequently approach preseason games as a mere annoyance.

On the other hand, consider the 'lesser' team in a preseason matchup. They often have a number of key starting positions they need to fill, along with backup positions up for grabs. They may have new coaching staffs that players want to impress, new offensive or defensive schemes to implement. Most significantly, 'lesser' teams often view the preseason as an opportunity to build team chemistry or create a winning attitude. A team trying to rebuild can benefit from winning *any* games, regardless of whether or not they count in the standings. For a league doormat, a win over an elite level opponent can serve as a rare highlight of a losing season.

Even among teams that don't worry much about wins and losses during the preseason, they don't want to go into the season losing them all. For that reason, one of the most successful preseason situations over the past decade and a half have been teams that lost their first two preseason affairs. During that span, 0-2 teams have hit right around 60% against the spread.

Perhaps nothing determines a team's approach to the preseason more than the philosophy of the head coach. Some coaches simply hate to lose anytime they line 'em up to play football, and as a result their teams are usually good preseason bets. Bill Parcells was famous for the preseason focus of his teams. Not surprisingly, many who worked with Parcells earlier in their careers are now carving out their own records of preseason success. This sort of dominance isn't lost on the linesmaker and a coach like the Giants' Tom Coughlin (a former Parcells assistant) will have his ATS success will definitely been factored into the pointspread. Still, a motivated team that wants to win is always worthy of consideration.

One of the best tools that a handicapper has at his disposal during the preseason is the Internet. Actually, it's a great tool year round but during the preseason it is invaluable. The best source of information on coaching philosophies, game plans, injuries, lineup changes, etc, are the local sports pages of NFL teams. Basically, the situation during preseason is that there is a lot of interest in the team and a lot of anxious beat writers looking to write stories. The problem is that there is little in the way of real news, and for that reason you'll find the sort of minutiae on teams and players from which you can often extract relevant handicapping information. Even if there aren't any nuggets of handicapping gold, you can at least get a feel for the coach's goals for the game and the amount of playing time that key players will see. Sometimes coaches will come right out and say who will play at what juncture of the game, and will occasionally go on record that personnel decisions like evaluating all of the guys they're considering for the backup defensive secondary jobs are more important than winning. Clearly, operating with this knowledge is a distinct advantage and operating without it can be fatal. There's nothing more frustrating than betting on a team only to have them look like they could care less whether or not they win the game. During the preseason, however, it can frequently be prevented with some simple research and analysis.

In conclusion, there are certainly strong opportunities for profit in NFL preseason wagering but its essential to understand that it cannot be approached in the same manner as the regular season. And, as always, its important to remember that there will be more strong opportunities down the road and that discipline and rigor in handicapping is just as crucial in the preseason NFL as it is at any other time of the year.

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