Games Review Blog

NFL Preseason Handicapping: Pros and Cons

on Aug.10, 2009, under Sports Betting

by Ross Everett

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 opponent of preseason wagering would suggest that its a bad wagering opportunity by its very nature alone–simply stated, the games don’t count meaning that the motivation and focus of individual teams is always in question. It’s hard enough to identify teams that are in a desirable ’spot’ during the regular season, the often conflicting agendas of personnel evaluation, playbook testing, and injury prevention found in the preseason makes it impossible. All told, this uncertainty makes it very undesirable to get financially involved with preseason NFL games.

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.

NFL ‘doormats’, meanwhile, have a markedly different agenda to their more successful counterparts. They’ve often got heated competition for starting positions or key back up roles. They’ve often got new coaching staffs that players want to impress. Most significantly, they’re in great need of establishing a winning attitude. A win against an elite team in a ‘meaningless’ preseason game often has a much greater value to this type of team than to a playoff contender.

Even teams that put a low priority on preseason games don’t want to lose them all. For this reason, a longterm winning situation has been to bet on teams that lose their first two preseason games outright. Over the past twenty years, 0-2 teams in this spot have 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.

The smart preseason handicapper makes use of the Internet, and more specifically uses it to follow the local sports media of NFL teams. During NFL preseasons, teams’ beat writers are anxious to write stories and need to fill articles but have little in the way of “real” news to write about. As a result, a handicapper can frequently find valuable details like a coach’s goals for the game, playing time for key players, and specific strategies that will be implemented. Occasionally, coaches will come out and say that they’re more interested in evaluating certain players for certain positions than they are in the outcome of the game. A thorough evaluation of this type of media coverage can often produce not only teams to play “on”, but teams with priorities other than winning to play “against”.

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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