Wednesday, April 21, 2010

NFL Preseason Handicapping Basics

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.

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.

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.

Now, lets look at the other side of the equation. A "lesser" team by regular season standards might have a number of starting spots or key backup spots up for grabs. They may have new coaches to impress, or new offensive or defensive coordinators whose schemes they'll have to implement. Certainly, winning any games"whether or not they count in the standings"are of utmost importance to losing teams trying to turn things around. Finally, a bad team can gain a lot more psychologically from beating a playoff team than the playoff team can from beating a doormat. A struggling team that is destined to lose a lot during the regular season won't have a lot of bright spots, so a preseason win against one of the league's elite can mean a lot more.

While some teams could care less about the result of preseason games, few want to enter the regular season having lost them all. In light of this fact, a successful preseason situation that has stood the test of time is to bet on teams that lost their first two exhibition games outright. This situation has produced a winning percentage right around 60%.

There may be no greater determining factor of a team's preseason success than the philosophy of their head coach. Some coaches just don't like to lose *any* game, and usually these hyper-competitive teams are good preseason bets. Bill Parcells, for example, was legendary for his serious approach to preseason games. The coaches that he mentored like the NY Giants' Tom Coughlin have to some extent carried on this legacy. While the "good" preseason coaches are often reflected in the pointspreads assigned to their team, a motivated team is almost always worth a look.

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.

The bottom line is that while the NFL preseason does offer some solid moneymaking opportunities, its not a 'free cash grab'. It's best viewed as an opportunity to grind out a small profit, but as always its essential to maintain the same degree of discipline in handicapping and money management as at any other time during the pro football season.

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