Vegas Money Moves - Week 17
January 1, 2016
Information is always the key to making a number in any sport, but probably none is more important than the NFL just because of the high limits and volume handled. The NFL lines are the most sound of any sport, but when Week 17 rolls around it puts bookmakers in an uncomfortable situation because they’re waiting for information on how long starters will play for popular teams that already have a date in the playoffs set. And then comes the dilemma of determining how much that information received is worth to the number.
In most cases, it’s the bettors that do the deciding on what the proper number is when getting the information which is why it’s not unusual to see rapid line movements similar to the pre-season.
A perfect example of how cautious the sports books are being this week is at Station Casinos where nine of the 16 games are circled -- $2,000 limit instead of the normal $20,000. If you know you’re going to get beat to the punch or aren't confident a sound number is being posted, there’s no need to give full limits.
Below is a look at the Early Week 17 opening numbers posted last Wednesday at the Westgate Las Vegas SuperBook and where the line has been moved to based on playoff situation, injuries, rating adjustment following Week 16 results, market adjustments on Sunday night and then of course actual cash wagered.
NY Jets at Buffalo: The Bills opened -1.5 and then was re-opened with the Jets -1.5 on Sunday night because of the importance of the game for New York and Bills running back LeSean McCoy being listed as 'doubtful.' Bettors laid New York up to -3 because of ’having to win’ to make the playoffs, but Buffalo money has showed up pushing it back down to -2.5. From a power ratings perspective, N.Y. is only about 1.5-points better than Buffalo, and when factoring in McCoy, it’s about a 2-point differential. Buffalo's home field is worth 2.5, so it would seem the Westgate’s early number is closer to what the proper line should be. Is the Jets playoff situation really worth 4-points? The betting public and their early parlay leans apparently think it is, so the Jets -2.5 is the proper number because most laid it. But larger money grabbed the value with +3 at home. The Jets have won their past five games (4-0-1 ATS) while the Bills have won and covered the past four meetings versus New York.
Tampa Bay at Carolina: The Panthers opened -10 and were re-opened at -9.5 Sunday night before being bet up to -10.5 on Monday. Tampa Bay has failed to cover its past three games while Carolina is 1-3 ATS in its last four. Carolina needs to win this game to ensure home field advantage throughout, or have Arizona lose at home to Seattle.
New England at Miami: The Patriots opened -3.5 and were re-opened -8 Sunday night and it’s currently -10. Last week it looked like this could be a game where New England rested players, but following the loss at the New York Jets and Denver's MNF win, home field throughout the playoffs isn’t clinched yet. Miami has gone 0-8 ATS in its last eight against AFC East teams, including a 37-10 average loss to New England in its past two meetings.
Baltimore at Cincinnati: The Bengals opened -10 and it’s now -9. Baltimore comes off a huge win over Pittsburgh last week behind newly signed QB Ryan Mallett. Cincinnati can become the No. 2 seed even with a loss if Denver loses and Kansas City wins because then the Chiefs would be AFC West champs and Cincy beat them head-to-head this season. The Bengals are an amazing 12-2-1 ATS this season.
New Orleans at Atlanta: No early line posted due to QB Drew Brees status, but he‘s expected to play and Atlanta was opened -4 on Monday and the line shot up to -5.5 on Thursday. The home team is 7-1 ATS in the past eight meetings.
Jacksonville at Houston: No early line posted due to Houston's QB situation, but Brian Hoyer is expected to start. Houston opened -6 and it’s currently -6.5. The Texans need to win this game to clinch NFC South to avoid all kinds of odd tie-breaking procedures issues should Indianapolis win against Tennessee.
Pittsburgh at Cleveland: The Steelers opened -9.5 and it’s currently -10.5. Pittsburgh needs to win and hope Buffalo beats the N.Y. Jets to make playoffs. Austin Davis will start at QB for Cleveland.
Oakland at Kansas City: Kansas City opened -7 and it’s now -7 (-120). KC can win the AFC West with a win and a loss by Denver. Oakland is looking for its first .500 season since 2011 while the Chiefs ride a nine game winning streak (7-2 ATS).
Tennessee at Indianapolis: The Colts opened -3, but with QB Matt Hasselbeck likely out, no line has been posted. Indy has a slim chance of making playoffs with a Houston loss, but those chances appear to be even slimmer since QB duties will be in the hands of Ryan Lindley or Josh Freeman who were both signed early in the week with each getting first string reps in practice.
Washington at Dallas: Opened Pick ‘em and it’s now DAL -4 due to WASH expecting to rest starters after clinching the NFC East following its season-high three game win streak. Kellen Moore will start at QB for Dallas and QBs not named Romo for Dallas have gone 1-10 this season. The Redskins are 7-1 ATS in last eight games at Dallas including last season behind QB Colt McCoy who is expected to get most of the snaps on Sunday.
Detroit at Chicago: The Bears opened -1.5 and its currently -1. Detroit has won the past five meetings.
Philadelphia at NY Giants: The Giants opened -2.5 (-120) and its currently -3.5 (EVEN) with none of the movement having to do with Chip Kelly being fired.
Minnesota at Green Bay: The Packers opened -5.5 and was re-opened Sunday night at -3 following GB getting blasted 38-8 at Arizona and Minnesota blowing out its past two opponents by a 43-17 average score. On Friday morning Green Bay was moved to -3.5 (EVEN). Whoever wins this game will be NFC North champions and get the No. 3 seed. Minnesota has gone 12-3 ATS this season.
San Diego at Denver: The Broncos opened -9.5 and it’s currently -9. If Denver wins they get the No. 2 seed and have an outside shot at being No. 1 if Miami can somehow pull off a miracle against New England. Although San Diego is only 1-6 on the road this season, they have covered its last three games overall and last five on the road.
St. Louis at San Francisco: The Rams opened -2.5 and was re-opened -3.5 on Sunday and hasn’t moved all week. St. Louis has won and covered its last three games while San Francisco lost and failed to cover its last three.
Seattle at Arizona: The Seahawks opened -2.5 and was re-adjusted to Arizona -3.5 on Sunday night following Week 16 results which included Carolina losing to Atlanta, making the No. 1 seed still a possibility for the Cardinals. On Monday the number was bet up to -4.5. On Tuesday, it was quickly moved past the dead numbers of -5 and -5.5 up to -6 and finally -6.5 where it still sits. It’s possible with nothing to gain that Seattle could rest some starters while Arizona coach Bruce Arians has said he’ll rest no one.
Happy New Year everyone!
January 1, 2016
Information is always the key to making a number in any sport, but probably none is more important than the NFL just because of the high limits and volume handled. The NFL lines are the most sound of any sport, but when Week 17 rolls around it puts bookmakers in an uncomfortable situation because they’re waiting for information on how long starters will play for popular teams that already have a date in the playoffs set. And then comes the dilemma of determining how much that information received is worth to the number.
In most cases, it’s the bettors that do the deciding on what the proper number is when getting the information which is why it’s not unusual to see rapid line movements similar to the pre-season.
A perfect example of how cautious the sports books are being this week is at Station Casinos where nine of the 16 games are circled -- $2,000 limit instead of the normal $20,000. If you know you’re going to get beat to the punch or aren't confident a sound number is being posted, there’s no need to give full limits.
Below is a look at the Early Week 17 opening numbers posted last Wednesday at the Westgate Las Vegas SuperBook and where the line has been moved to based on playoff situation, injuries, rating adjustment following Week 16 results, market adjustments on Sunday night and then of course actual cash wagered.
NY Jets at Buffalo: The Bills opened -1.5 and then was re-opened with the Jets -1.5 on Sunday night because of the importance of the game for New York and Bills running back LeSean McCoy being listed as 'doubtful.' Bettors laid New York up to -3 because of ’having to win’ to make the playoffs, but Buffalo money has showed up pushing it back down to -2.5. From a power ratings perspective, N.Y. is only about 1.5-points better than Buffalo, and when factoring in McCoy, it’s about a 2-point differential. Buffalo's home field is worth 2.5, so it would seem the Westgate’s early number is closer to what the proper line should be. Is the Jets playoff situation really worth 4-points? The betting public and their early parlay leans apparently think it is, so the Jets -2.5 is the proper number because most laid it. But larger money grabbed the value with +3 at home. The Jets have won their past five games (4-0-1 ATS) while the Bills have won and covered the past four meetings versus New York.
Tampa Bay at Carolina: The Panthers opened -10 and were re-opened at -9.5 Sunday night before being bet up to -10.5 on Monday. Tampa Bay has failed to cover its past three games while Carolina is 1-3 ATS in its last four. Carolina needs to win this game to ensure home field advantage throughout, or have Arizona lose at home to Seattle.
New England at Miami: The Patriots opened -3.5 and were re-opened -8 Sunday night and it’s currently -10. Last week it looked like this could be a game where New England rested players, but following the loss at the New York Jets and Denver's MNF win, home field throughout the playoffs isn’t clinched yet. Miami has gone 0-8 ATS in its last eight against AFC East teams, including a 37-10 average loss to New England in its past two meetings.
Baltimore at Cincinnati: The Bengals opened -10 and it’s now -9. Baltimore comes off a huge win over Pittsburgh last week behind newly signed QB Ryan Mallett. Cincinnati can become the No. 2 seed even with a loss if Denver loses and Kansas City wins because then the Chiefs would be AFC West champs and Cincy beat them head-to-head this season. The Bengals are an amazing 12-2-1 ATS this season.
New Orleans at Atlanta: No early line posted due to QB Drew Brees status, but he‘s expected to play and Atlanta was opened -4 on Monday and the line shot up to -5.5 on Thursday. The home team is 7-1 ATS in the past eight meetings.
Jacksonville at Houston: No early line posted due to Houston's QB situation, but Brian Hoyer is expected to start. Houston opened -6 and it’s currently -6.5. The Texans need to win this game to clinch NFC South to avoid all kinds of odd tie-breaking procedures issues should Indianapolis win against Tennessee.
Pittsburgh at Cleveland: The Steelers opened -9.5 and it’s currently -10.5. Pittsburgh needs to win and hope Buffalo beats the N.Y. Jets to make playoffs. Austin Davis will start at QB for Cleveland.
Oakland at Kansas City: Kansas City opened -7 and it’s now -7 (-120). KC can win the AFC West with a win and a loss by Denver. Oakland is looking for its first .500 season since 2011 while the Chiefs ride a nine game winning streak (7-2 ATS).
Tennessee at Indianapolis: The Colts opened -3, but with QB Matt Hasselbeck likely out, no line has been posted. Indy has a slim chance of making playoffs with a Houston loss, but those chances appear to be even slimmer since QB duties will be in the hands of Ryan Lindley or Josh Freeman who were both signed early in the week with each getting first string reps in practice.
Washington at Dallas: Opened Pick ‘em and it’s now DAL -4 due to WASH expecting to rest starters after clinching the NFC East following its season-high three game win streak. Kellen Moore will start at QB for Dallas and QBs not named Romo for Dallas have gone 1-10 this season. The Redskins are 7-1 ATS in last eight games at Dallas including last season behind QB Colt McCoy who is expected to get most of the snaps on Sunday.
Detroit at Chicago: The Bears opened -1.5 and its currently -1. Detroit has won the past five meetings.
Philadelphia at NY Giants: The Giants opened -2.5 (-120) and its currently -3.5 (EVEN) with none of the movement having to do with Chip Kelly being fired.
Minnesota at Green Bay: The Packers opened -5.5 and was re-opened Sunday night at -3 following GB getting blasted 38-8 at Arizona and Minnesota blowing out its past two opponents by a 43-17 average score. On Friday morning Green Bay was moved to -3.5 (EVEN). Whoever wins this game will be NFC North champions and get the No. 3 seed. Minnesota has gone 12-3 ATS this season.
San Diego at Denver: The Broncos opened -9.5 and it’s currently -9. If Denver wins they get the No. 2 seed and have an outside shot at being No. 1 if Miami can somehow pull off a miracle against New England. Although San Diego is only 1-6 on the road this season, they have covered its last three games overall and last five on the road.
St. Louis at San Francisco: The Rams opened -2.5 and was re-opened -3.5 on Sunday and hasn’t moved all week. St. Louis has won and covered its last three games while San Francisco lost and failed to cover its last three.
Seattle at Arizona: The Seahawks opened -2.5 and was re-adjusted to Arizona -3.5 on Sunday night following Week 16 results which included Carolina losing to Atlanta, making the No. 1 seed still a possibility for the Cardinals. On Monday the number was bet up to -4.5. On Tuesday, it was quickly moved past the dead numbers of -5 and -5.5 up to -6 and finally -6.5 where it still sits. It’s possible with nothing to gain that Seattle could rest some starters while Arizona coach Bruce Arians has said he’ll rest no one.
Happy New Year everyone!