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Making informed NFL Preseason Picks

Wagering on preseason games may be seen as risky by many, and indeed we generally counsel waiting for the real games to start. However, what if teams with lousy previous year performance are more interested in posting some wins in pre-season than teams coming off strong seasons?

Also see Preseason Picks, part II where we look at preseason W-L comparisons.


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Preseason Tips part I -- "GAP" comparisons

It's getting close to the 2005 NFL pre-season games kick off, and thus it's a good time to be rolling out some research on how one might try to tackle betting on these games where, to paraphrase Charles Dickens, "There was everything at stake, there was nothing at stake."

The obvious place to begin is by simply looking at how teams have fared at various spread ranges.

Preseason Games from 1997 to 2004
Category
Won-Lost (ATS)
Win%
Home Teams
231-247
48.3%
Home Favorites
178-211
45.8%
Home Favorites of -1 to -2.5
38-43
46.9%
Home Favorites of -3
42-49
46.2%
Home Favorites of -3.5 to -6.5
86-101
46.0%
Home Favorites of -7 or more
12-18
40.0%
Home Underdogs
53-36
59.6%
Home Underdogs of +0 to +2.5
28-18
60.9%
Home Underdogs of +3
11-7
61.1%
Home Underdogs of +3.5 or more
14-11
56.0%

So the quick glance take is simply to play the underdogs, although home dogs have been more successful overall.

Fair enough, but what also came to mind when we thought about this thorny issue -- since our approaches for the regular season, heavily dependent on statistical analysis, don't seem likely to do the job for the scrimmages -- is grouping team's by their prior season records. The theory here is that teams with lousy previous year performance might be more interested in posting some W's in pre-season, whereas the teams coming off strong seasons could really care less about the outcome of the exhibitions.

Pulling our quantifying motivation table structure out of the subscriber area, we elected to categorize teams as follows:

  • Good -- teams with a 10 or more wins in the prior regular season
  • Average -- teams with 7 to 9 wins
  • Poor -- teams with less than 7 wins
Running these guidelines through all the pre-season match-ups for the period of 1997-2004 (eg a seven year span) produced the following results:

All Games w/Home Favorite w/Home Underdog
Home Team
Away Team
Won-Lost
(vs Spr)
Home
W%
Won-Lost
(vs Spr)
Home
W%
Won-Lost
(vs Spr)
Home
W%
Good
Good
24-24
50%
20-21
48%
4-3
57%
Good
Average
25-24
51%
23-23
50%
2-1
66%
Good
Poor
28-31
47%
25-30
45%
3-1
75%
Average
Good
27-28
49%
17-22
43%
10-6
62%
Average
Average
37-24
60%
33-23
58%
4-1
80%
Average
Poor
14-30
31%
14-29
32%
0-1
0%
Poor
Good
21-25
45%
6-13
31%
15-12
55%
Poor
Average
25-31
44%
17-23
42%
8-8
50%
Poor
Poor
30-30
50%
23-27
46%
7-3
70%

Clearly we are not working with a ton of games where we split it up in so many ways. Some findings of note in include:

  1. A battle of average prior year teams has favored the home squad
  2. Average home teams have struggled against poor away teams...although not so much the last couple of years
  3. Home teams as favorites against better prior year teams are just 40-58 (41%)...and this drops to 24-43 (36%) when the team is laying a field goal or more
  4. Home underdogs versus an opponent of the same or worse prior year win class are 22-10 (69%)

The next step is to break it out by the specific weeks (conventionally labeled week "zero" to week four). The drawback to this is our already small sample size gets even smaller, but we went ahead and ran it anyway and rather than give you the full tables, we'll summarize the outliers:

    Week 1 - POOR prior season teams are 4-16 against the spread at home against POOR or AVERAGE away teams

    Week 2 - POOR prior season teams are an amazing 31-11 (74%) versus the line against GOOD or AVERAGE and especially strong as road warriors, where they are 17-3 versus good/average home teams.

    Week 3 - In what some people consider the most serious week of play, there are several notable trends. POOR teams have struggled at home against AVERAGE/GOOD teams, mustering a 6-18 record as the superior teams "come to play." Also in 'same versus same' contests, the home side has gone 27-17 (61%) so maybe the home field edge is not being suitably considered when teams put out their strongest preseason effort.

    Week 4 - nothing stands out as too strong in a week where some teams simply decide not to show up and avoid injury above anything else. Frankly the NFL could cut this fourth week of exhibition action and no one would mind.

We believe some of the GAP data conclusions are worth looking for in the 2004 action and we'll be posting a picks page listing all the plays in 2005 for the "deemed worthy" angles...but this is just phase one of the preseason picks research, with more to come soon!

Also See:
Preseason Picks part II: WIN comparisons


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