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Thursday, May 25, 2006

Sports Betting Column: The Pinnacle Pulse

This week we move to Paris and serve up a Royale with Cheese while looking
for a betting edge in the second Grand Slam event of the year at Roland
Garros. The French Open is tactically very different from the other three
Grand Slam events and is where tennis gets dirty (and I'm not talking about
Anna Kournikova). At Roland Garros, the surface of the court is made up of
natural clay covered with crushed brick which slows the pace of the game
down and increases the length of the rallies. This hands an advantage to
players with incredible power endurance - the ability to repeat short bursts
of power over a long period of time - and to quick, nimble players who can
reposition themselves well after every shot. What are some things to
consider when handicapping tennis match-ups at the French Open? The most
obvious is the player's recent form on clay and their conditioning during
winter training. While most will come in fit and firm, the French Open
punishes those who haven't done enough conditioning.

In addition to playing five sets, clay courts are conducive to long rallies.
These factors led to the longest game ever at the 2004 French Open - a
grueling 6 hour and 33 minute war between Santor and Clement. Another
critical thing to contemplate during the tournament is if a player played a
full five sets in the previous match because five set matches wear a player
out both physically and mentally.

Should a high seeded player win a difficult match against a weaker opponent,
consider fading that player in the next round. A tougher than expected match
might indicate a player's form is worse than other recent matches would
suggest. Combine that with a tired player and there might be additional
value on his opponent.

If you like a certain player to win the tournament, you might find better
value backing that player - especially if they are one of the longer shots -
to win through each of their individual matches rather than betting them to
win on the futures market. Not only will you potentially earn a higher
return on your investment, but you also have more control over your money if
the player suffers an injury during the earlier rounds.

The reason for this is that when sportsbooks deal futures markets, they try
to maintain a semblance of balanced action and attempt to limit liability on
the worst case scenario. Due to a large number of bettors playing long
shots, this can often lead to grossly depressed prices on underdogs. On the
other hand, this may lead to solid value on the favorites.

At Pinnacle Sportsbook, futures markets are normally priced between 110% and
135% depending on the size of the field. This compares to futures markets of
greater than 200% at most traditional sports books. Even though this
represents excellent value on our future markets, often even these margins
won't properly reward long shot players.

When betting tournaments like the French Open it's best to estimate the
moneyline quote of a player in each round. After estimating the prices for
your selection to win through, you'll be able to work out the estimated
parlay price. Then simply compare the projected price for your parlay to the
odds on the futures market and you'll find whether the future or a win
parlay would give the best possible return on investment.

Another factor to consider when betting tennis is the juice you will pay on
every bet. When playing head to head match-ups, Pinnacle Sportsbetting
offers the best price thanks to our 10-cent lines. This means that when you
bet at Pinnacle Sports Book, you'll get up to 75% better odds on tennis than
other bookmakers who use 30 or 40-cent lines. Similarly, many of our prop
bets also have a 10-cent line, offering players of every level the same
great value. You can often gain as much equity from sports book shopping as
you can from handicapping.

What should also never be overlooked, is that many players might spend
hundreds of hours handicapping individual players, but often don't spend
five minutes studying the sportsbook where they play. It's critical to know
the rules wherever you play - especially on tennis. You'll find that one of
the areas where Internet sportsbooks vary quite a bit is how a wager is
graded if a player retires due to injury.

At Pinnacle Sports, if at least two full sets are completed, we grade the
match-up normally despite an injury. Other sportsbooks will refund all bets
regardless of when a player retires - even when that player is hopelessly
losing. Still other books might state "Las Vegas rules apply". If you must
deal with an online sports book that has no listed rule or follows Las Vegas
rules (which is action after one serve), you might want to confirm via email
how they'll grade such a result. You might be surprised how many sportsbooks
are unaware of Las Vegas rules.

What are some of the more interesting line moves this week?

Will Nadal win the French Open? Yes -104

The 19-year old Spaniard Rafael Nadal currently owns a 53-match winning
streak on clay. Federer is 39-3 on the year, with all 3 losses coming to
Nadal. Many see the French Open as a 2-horse race, with it a given that
Nadal and Federer will meet in the final. We opened the "No" for Nadal to
win at -130 (Yes +120), and early sharp money was on the "Yes". After
stabilizing near Pick'em, we're seeing heavy two-way action at this number.

UFC 60: Matt Hughes (-286) v Royce Gracie (+266)

Hall of Famer Royce Gracie was considered a master practitioner of Gracie
jiu-jitsu, but hasn't fought in the UFC since 1995. Hughes is the current
Welterweight champion and while he's a strong wrestler, he can also knock
his opponents out. We opened Matt Hughes as a -400 favorite and early sharp
money quickly pushed this number down. It went as low as -240 before
favorite money returned, equalizing the price at the present number.

NBA Playoff series: Dallas (-360) versus Phoenix (+330)

Dallas opened as a moderate -245 favorite to win the Western Conference
Championship. While we're now taking heavy two-way action, the early bettors
clearly favored Dallas. The sharps have been on Dallas for the entire
playoffs, including series and conference championships.

Pinnacle Sports Book & Online Betting

Pinnacle Sportsbook is an online betting company providing the best odds on
sportsbook gambling, online horseracing, online casino gaming, and online
poker.

posted by Jerry "Jet" Whittaker at 5/25/2006 07:34:00 AM

 

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Remember, you can beat the odds, but you can't beat the percentages.