Arizona Cardinals’ Derek Anderson apologizes for postgame tirade – Super Bowl

Arizona Cardinals quarterback Derek Anderson has apologized for his Monday night postgame tirade.
By Associated Press

Don’t laugh, 6-10 can win NFC West – Super Bowl

Tanier: Never before have we seen a perfect storm of futility in a division as we have seen this season in the NFC West, prompting a scenario that even at 6-10 a team can reach the postseason.

By nbcsports.msnbc.com

New England Patriots coach Bill Belichick praises New York Jets’ Rex Ryan – Super Bowl

Bill Belichick stuck to the mutual-admiration theme when discussing Rex Ryan.
By Rich Cimini

Ben Roethlisberger wearing boot but likely to face Baltimore Ravens – Super Bowl

Steelers quarterback Ben Roethlisberger is wearing a protective boot on his sprained right foot but is expected to play Sunday when Pittsburgh and Baltimore face off for first place in the AFC North.
By Associated Press

Video: Brady is top MVP candidate now – Super Bowl

PFT Daily: Patriots QB Tom Brady is now at the top of the list of MVP candidates, and how about the Bills’ Chan Gailey as Coach of the Year? (NBC Sports)

By nbcsports.msnbc.com

Two L.A. groups have shown interest in Minnesota Vikings – Super Bowl

Two different groups interested in bringing an NFL team to Los Angeles have approached the Vikings about possible relocation.
By ESPNLosAngeles.com

James Harrison of Pittsburgh Steelers fined for hit on Buffalo Bills QB Ryan Fitzpatrick – Super Bowl

Pittsburgh Steelers linebacker James Harrison has been fined $25,000 for roughing the passer.
By Associated Press

Andre Johnson, Cortland Finnegan each fined $25,000 by NFL for fight – Super Bowl

The NFL will fine but not suspend Houston Texans wide receiver Andre Johnson, for his role in an on-field fistfight with Tennessee Titans cornerback Cortland Finnegan, a league source told ESPN NFL Insider Adam Schefter.
By ESPN.com news services

Basics of Sports Betting

NFL SUPER-BOWL

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.

For the more serious bettor, there’s a number of obvious problems with futures wagers. They require that your wagering ‘capital’ be tied up for months. Furthermore, once you’ve placed your bet you’re at the mercy of injuries, suspensions, trades and the other numerous factors that can spell defeat for a sports team. It’s no simple task keeping up with these variables on a day to day basis, and predicting them over a longer term is the province of psychics and not sports handicappers.

So futures plays have no relevance to a serious approach to sports handicapping? Not necessarily. It’s crucial to think of the sports betting discipline in terms of value. Used properly, futures wagers are frequently a good way of maximizing line value and finding overlay situations. Here are some ways in which future wagers can be successfully leveraged.

Futures can present an opportunity to ‘earn’ a greater value on certain bets. For example, it has become common for sports books to take action on entertainment events like the Academy Awards. By paying close attention to Hollywood gossip and entertainment news, a bettor can actually have a better take on these outcomes than the bookmaker.

Some books even take bets on the major awards like ‘Best Picture’ and ‘Best Director’ before the nominations are actually announced. In this situation, a bettor who can read the ‘buzz’ on which films will be nominated can find substantially better values before the nominations are announced.

Making the Academy Awards an even better candidate for futures wagers is the nature of the film business itself. The release schedule for films is set well in advance, and after the year end cut off date no ’surprise’ releases can sneak in to consideration. At this point, its relatively easy to narrow down the serious contenders and with some work to come up with a ’short list’ of Oscar candidates.

Taking a position for profit: Now well turn our attention to sports and how to use the futures wager there. As I noted above, sports inherently presents more variables than the film industry. Furthermore, the top teams are usually not priced for value. Currently you can get +650 on New England to eventually win the 2010 Superbowl. The Patriots are certainly capable of winning, but the value just isn’t there.

To find value on this sort of wager you need to look for ‘dark horse’ candidates. For example, at midseason you could have bet on the Carolina Hurricanes to win the 2009 Stanley Cup at prices as high as 25/1 or 30/1. Now, they’re one of four teams remaining and are priced at 5/1 to 7/1 depending on the book.

This play wasn’t based on any sort of certainty that this team would win the Stanley Cup, but rather on the value they presented. In other words, the true odds of this dark horse Cup win is more in the range of the current price so the 40/1 is a clear overlay. Once the playoffs begin, this sort of positional play offers a lot of options to hedge and to lock in a profit.

“The field” can occasionally offer wagering value as well. A good example was the NASCAR Rookie of the Year futures in 2001. Some books offered a bet on ‘the field’ at prices as high as 15/1. After Dale Earnhardt’s tragic death, his team turned to rookie Kevin Harvick to fill ‘The Intimidator’s’ place in the driver’s seat. Someone who followed NASCAR closely knew this was going to happen well before it was publicly announced, and was able to grab a great price on Harvick as part of ‘the field’. By midseason, Harvick’s success had pushed prices on ‘the field’ down to the point that it was the favorite everywhere with prices in the range of -250 to -300.

While this sort of situation is unique, there have been other situations where ‘the field’ presented good values. At one point, it wasn’t unusual to find a ‘field’ bet on NASCAR road races that included the road course specialists like Ron Fellows and Boris Said–meaning you could bet these ‘ringers’ and several others with one bet! Again, these opportunities don’t come around often but the value they present justifies paying close attention to them.

Don’t forget to shop around for the best wagering value. This is true with any sports bet, but particularly so with futures wagers as the prices you find will vary much more than a typical pointspread. A little bit of effort can easily reveal a more advantageous price, meaning greater line value.

Ross Everett is a well known writer specializing in sports handicapping, horse racing, travel and jousting. He is a staff handicapper for Anatta Sports where he is in charge of providing daily free sports picks to a number of websites and broadcast media outlets. He lives in Las Vegas with three Jack Russell Terriers and a wombat.

Super Bowl In Home Page

Vikings in danger of losing control – Super Bowl

PFT 10-pack: Mike Florio says the Vikings need a win over Miami on Sunday to be in good shape heading into a nightmare stretch of the schedule.

By profootballtalk.nbcsports.com

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