Patrick Everson
FOX Sports Betting Analyst
The public betting masses took a bath on Thanksgiving.
And even after drying off, it was back to the bathtub for bettors, as bookmakers had a strong Saturday in the college football Week 13 odds market.
But the tide turned Sunday, with NFL Week 12 odds shaking out quite favorably for favorites — and therefore, casual/recreational bettors. It was a huge day for customers, and a beatdown for bookies.
Oddsmakers from Las Vegas and across the country helped rehash the weekend that was in NFL and college football betting.
Slow Start
Sunday’s NFL schedule was particularly nondescript in the early window. With the exception of Jaguars-Texans, there wasn’t an intriguing matchup. But there were a lot of teams you don’t necessarily want to back with your hard-earned money.
“An uninspiring [early] slate means a lack of regular public interest,” SuperBook risk supervisor Chase Michaelson said Sunday afternoon, after noting those early games were basically give-and-take, no big decisions. “Who in the early slate does the public trust? The biggest favorite was New England, which the public was not interested in at all.”
And the public was right to stay away. The Patriots were 4.5-point road favorites against the Giants and lost 10-7.
Added South Point sportsbook director Chris Andrews, after the 1 p.m. ET window of games: “We eked out a small win, not much. The six sides we needed, we went 3-3. The four totals we needed, we went 2- 2. We needed the Giants, though. That was good for us.”
But as Michaelson noted, the later kicks were where the day was won for bettors and lost for bookmakers.
“The public basically didn’t care about the early games. They’re interested in Philly-Buffalo, Chiefs-Raiders and Sunday night,” he said.
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Fast Finish
Indeed, two popular favorites played in 4:25 p.m. ET games:…
Source link : https://www.foxsports.com/stories/nfl/sportsbooks-lose-big-in-nfl-week-12-we-got-crushed-today
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Publish date : 2023-11-27 16:16:32
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