Vegas Money Moves - Week 5
October 6, 2017
Las Vegas sports books are hoping to change their fortunes in Week 5 NFL action Sunday after having a tough go of things during the past three NFL games, which were all heavily handled isolated night games. First it was the Seahawks blowout on Sunday night, the miracle Chiefs cover Monday night and then the Patriots winning by five last night.
"We got middled last night with one of our big players taking +5.5," said CG Technology VP of risk management Jason Simbal, "and then when Gronk was listed as out we had gotten as low as -3.5 and -4 and the public gladly laid it, so it kind of finishes off an awful week on top of Monday's $350,000 swing in the Chiefs-Redskins game. Thursday's hurt more, not money-wise, but because I don't think we had much company with the same type of losses."
Usually there's a couple of games that stand out large with public support, but the average Joe is all over the place with confusion after being beat up the past two Sunday's while underdogs have ruled.
"Sunday's kind of a weird one because we don't have a lot of public play swaying dramatically one way. Maybe Pittsburgh (-8.5 vs Jaguars)," he said, "but our biggest need so far has been the Giants. Everyone is taking the Chargers. Sharp money took +4 and then two more bets at +3.5. I actually thought this was the Giants best situation to get a win having a west coast team travel east to play an early start."
The Chargers and Giants are both 0-4 straight-up and the Chargers are currently on a 1-9-1 ATS run, although they have won and covered the past three meetings with the Giants.
"Sharp money also laid -2 with the Cowboys," Simbal said, "but I'm expecting lots of public play on the Packers money-line just because of them seeing Rodgers win there in the playoffs last season."
Green Bay avenged a regular season home loss to Dallas last postseason knocking out the top seeded Cowboys, 34-31, in the divisional round as 5.5-point underdogs. Dallas is -2.5 (-115) at CG books with a total set at 52.5. The Packers have gone Over the total in their last three games and 14 of their last 17 overall.
"They (sharps) also laid the Lions at -1.5 and -2, but that's not the entire story with that game," he said. "We also had sharp money early taking the Panthers +3."
As of Friday afternoon, CG books had the lowest number in town with Detroit at -2 with every other book was showing -2.5.
And of course, the 0-4 Browns are playing and are a popular bet-against, again. "The Jets seem to be a big square game so far," Simbal said. Cleveland wasn't favored in any game last season, but have already been favored twice this season. They lost at Indianapolis as 1-point favorites and have failed to cover the number in their last three. The Jets have won and covered their last two games and have won and covered the past four meetings with the Browns.
CG books were one of two chains in town offering a number on the Titans-Dolphins game while awaiting more information on Marcus Mariota (hamstring).
"We've got Tennessee -3 with kind of a halfway line based on Mariota," Simbal said. "We had a sharp lay Tennessee -1.5 on Monday. If (back-up Matt) Cassel starts, I'm looking for the Dolphins to be -1 or -1.5. The Titans regular offense is severely altered without Mariota taking snaps. You're not going to see many read-options with Cassel in there."
Cassel threw two interceptions in the Titans 57-14 loss at Houston last week.
The Sunday game with the most action at William Hill's 107 sports books is the Cardinals traveling to Philadelphia (-6.5), which represents 19 percent of the overall volume. They've taken 66 percent of the cash on the Eagles and 76 percent of the tickets written have also been on the Eagles. It's another situation where a west coast team has a 10 am PT start time, which traditionally has favored the home east coast team.
The game that likely will determine whether the sports books win or lose on the day is also one of the best match-ups of the week with the Chiefs being the NFL's only undefeated team and traveling to Houston to face DeShaun Watson and the new look Texans offense. Kansas City has covered all four games and Houston has covered all three games Watson started.
"Sharp action came in on the Texans at +1.5, and I kind of like them myself with KC coming off a short week playing Monday night," said Simbal. "I see this being a evenly bet game by the public so I'm anticipating the riskiest part of this game after the first 11 games have been posted is going to be the Over."
The past two meetings between Kansas City and Houston have both stayed Under the total.
October 6, 2017
Las Vegas sports books are hoping to change their fortunes in Week 5 NFL action Sunday after having a tough go of things during the past three NFL games, which were all heavily handled isolated night games. First it was the Seahawks blowout on Sunday night, the miracle Chiefs cover Monday night and then the Patriots winning by five last night.
"We got middled last night with one of our big players taking +5.5," said CG Technology VP of risk management Jason Simbal, "and then when Gronk was listed as out we had gotten as low as -3.5 and -4 and the public gladly laid it, so it kind of finishes off an awful week on top of Monday's $350,000 swing in the Chiefs-Redskins game. Thursday's hurt more, not money-wise, but because I don't think we had much company with the same type of losses."
Usually there's a couple of games that stand out large with public support, but the average Joe is all over the place with confusion after being beat up the past two Sunday's while underdogs have ruled.
"Sunday's kind of a weird one because we don't have a lot of public play swaying dramatically one way. Maybe Pittsburgh (-8.5 vs Jaguars)," he said, "but our biggest need so far has been the Giants. Everyone is taking the Chargers. Sharp money took +4 and then two more bets at +3.5. I actually thought this was the Giants best situation to get a win having a west coast team travel east to play an early start."
The Chargers and Giants are both 0-4 straight-up and the Chargers are currently on a 1-9-1 ATS run, although they have won and covered the past three meetings with the Giants.
"Sharp money also laid -2 with the Cowboys," Simbal said, "but I'm expecting lots of public play on the Packers money-line just because of them seeing Rodgers win there in the playoffs last season."
Green Bay avenged a regular season home loss to Dallas last postseason knocking out the top seeded Cowboys, 34-31, in the divisional round as 5.5-point underdogs. Dallas is -2.5 (-115) at CG books with a total set at 52.5. The Packers have gone Over the total in their last three games and 14 of their last 17 overall.
"They (sharps) also laid the Lions at -1.5 and -2, but that's not the entire story with that game," he said. "We also had sharp money early taking the Panthers +3."
As of Friday afternoon, CG books had the lowest number in town with Detroit at -2 with every other book was showing -2.5.
And of course, the 0-4 Browns are playing and are a popular bet-against, again. "The Jets seem to be a big square game so far," Simbal said. Cleveland wasn't favored in any game last season, but have already been favored twice this season. They lost at Indianapolis as 1-point favorites and have failed to cover the number in their last three. The Jets have won and covered their last two games and have won and covered the past four meetings with the Browns.
CG books were one of two chains in town offering a number on the Titans-Dolphins game while awaiting more information on Marcus Mariota (hamstring).
"We've got Tennessee -3 with kind of a halfway line based on Mariota," Simbal said. "We had a sharp lay Tennessee -1.5 on Monday. If (back-up Matt) Cassel starts, I'm looking for the Dolphins to be -1 or -1.5. The Titans regular offense is severely altered without Mariota taking snaps. You're not going to see many read-options with Cassel in there."
Cassel threw two interceptions in the Titans 57-14 loss at Houston last week.
The Sunday game with the most action at William Hill's 107 sports books is the Cardinals traveling to Philadelphia (-6.5), which represents 19 percent of the overall volume. They've taken 66 percent of the cash on the Eagles and 76 percent of the tickets written have also been on the Eagles. It's another situation where a west coast team has a 10 am PT start time, which traditionally has favored the home east coast team.
The game that likely will determine whether the sports books win or lose on the day is also one of the best match-ups of the week with the Chiefs being the NFL's only undefeated team and traveling to Houston to face DeShaun Watson and the new look Texans offense. Kansas City has covered all four games and Houston has covered all three games Watson started.
"Sharp action came in on the Texans at +1.5, and I kind of like them myself with KC coming off a short week playing Monday night," said Simbal. "I see this being a evenly bet game by the public so I'm anticipating the riskiest part of this game after the first 11 games have been posted is going to be the Over."
The past two meetings between Kansas City and Houston have both stayed Under the total.
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