Mar 13, 2007

How Does Vegas Know So Much?

They're up by a dozen. There's 15 seconds left. The score is sitting nicely at 75-63. The over/under was at 139.5. You like your spot on that $20 under bet. The rest of the sportsbook like's their spot too. The leaders are slowly just bringing the ball up, the game is sealed. There's no way they're taking a shot, and there's no way that you're losing your bet. You start walking towards the counter to claim your reward, when you hear the groans. The screams. The "what the $%#@ are they doing?". You turn and look as the leading team is just finishing a wide open lay-up, for no reason, except to give you the betting equivalent of a kick in your balls for the next 24 hours.

Ahhh, Vegas and March Madness. A marriage that hopefully has many years ahead of it. Like all relationships, it has its quarrels, it's money issues, it's offspring (see: the 100+ betting insight websites).

Well, let's just throw a few picks out there, utilizing some handy tempo-free stats and some second-guessing from myself.
I look at pace, shooting %, offensive and defensive efficiency and the spread between the "strength" of each team to determine the most likely pace of the game if there's a large spread.

Some games that jump out to cover the over:

Pitt - Wright St. - 120 o/u
Wazzu - Oral Roberts - 120 o/u
Butler - Old Dominion - 123 o/u
Nevada - Creighton - 133 o/u
Boston College - Texas Tech - 136 o/u
Arizona - Purdue - 136 o/u

Games that I would watch just to see if they could touch the over.

Tennessee - Long Beach St.
Both teams run in the 72 possession a game range, and averaging 1.15 and 1.10 ppp respectively with a bad defense on the part of LBS (1.05 ppp allowed). Vegas is calling 170 as the over. Let's see it.

Maryland - Davidson
Almost the exact same pace and stat discrepancy as the Tennessee game. Over under is at 156 however because Davidson also carries some weight on D.


Some other interesting Vegas line notes:

- No confidence in Wazzu. Only 6 point favorites in their 3-14 game as opposed to Texas A&M being a 13.5 point favorite. I don't have historical spreads, but I would venture to guess that that's pretty damn low for a 3 seed. And you know what, it's not even that far off. Two 2000 point scorers for Oral Roberts? Yikes
- Arkansas is actually the favorite at a few books. I've got them listed here as 1 point underdogs. I believe Montana was a 12 seed favorite last year, correct?
- Staying true to form, 3 of the 4 8-9 games are favored by the 9 seed.
- Southern Illinois - Holy Cross game over/under is at 109, and I still don't think they'll hit it. They both run in the low 60's, and aren't all that great on offense, but have solid defensi. 40-38, here we come!



Good luck to all you Vegas venturers this week.


I'm sure I'll go 0 for 6 on the first round.

By the way, great story here from ESPN writer Gene Wojciechowski from the offices of the Las Vegas oddsmakers.

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