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Anyone who is into contrarian betting (taking the opposing position to what the majority of punters are doing), will be interested to know that so far this NFL season the three most popular line picks have all lost:
Week 2: GB (76%) at MIN
Week 3: ARI (77%) at BUF
Week 3: PIT (75%) at PHI
This week the Denver Broncos -3 pick is getting about 88% of line bets both in terms of quantity of bets and the total dollar amount wagered. This represents the most lopsided NFL wagering since 2011.
For those of you who are unfamiliar with contrarian betting, lopsided wagering on line markets indicates that bookmakers are taking a position on the game rather than remaining neutral and moving the line until they get 50% of bets on each outcome. The theory is that it's best to side with the bookmaker rather than the betting public.
The figures above were all sourced from Sports Insights.
Week 2: GB (76%) at MIN
Week 3: ARI (77%) at BUF
Week 3: PIT (75%) at PHI
This week the Denver Broncos -3 pick is getting about 88% of line bets both in terms of quantity of bets and the total dollar amount wagered. This represents the most lopsided NFL wagering since 2011.
For those of you who are unfamiliar with contrarian betting, lopsided wagering on line markets indicates that bookmakers are taking a position on the game rather than remaining neutral and moving the line until they get 50% of bets on each outcome. The theory is that it's best to side with the bookmaker rather than the betting public.
The figures above were all sourced from Sports Insights.
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