| As
I See It, by Jimmy Vaccaro
August 3, 2002
As I write this, the football season is hours
away from being officially underway. Call it pre-season,
exhibition, scrimmage, whatever you want to label
it, the bettors will be out in force.
Football betting is the biggest piece of the
bookmakers' money pie that will be chopped up
over the next five months. The offshore guys will
be signing up players at a hectic pace.
In Vegas, both Station Casinos and the Hilton
have announced their annual contests. Incidentally,
I had dinner with Archie Manteris who runs the
Station Casino chains, and it just might offer
a second contest. We'll keep you informed.
Of course, everyone else with a contest will
be in step shortly. Meanwhile, a lot of players
who have had their money in their jeans for a
while will be in action again, which leads me
up to this week's theme.
I was watching Sportscenter when Linda Cohn led
off the story about the Washington-SF 49er game
with this statement, which I'll paraphrase: "Well,
tomorrow in Osaka, we start the season with the
49ers and Skins, and everybody is talking about
only one team, the Redskins. The Redskins have
been installed as a 3-point favorite."
Installed would lead us to believe that the Skins
opened as a 3-point favorite over San Francisco.
Now, let's not come down too hard on Linda, as
it is likely that an intern just got her the info
out of the paper and if he would have said Washington
was a 7-point favorite, she would have used it.
Now we can excuse journalists for their weak
coverage of pointspreads, as they are simply reporting
the news. But if what you got out of that show
was that the Skins opened, or were installed as
a 3-point favorite, you honestly do not have a
chance of successfully betting these games.
It is essential that you know what is going on.
Whether you do your own handicapping, pay for
picks or get them from the shoemaker on the corner,
you have to know what is going on as it relates
to the line. Money is hard to come by, and if
you don't know what's going on vis-à-vis
the line, you won't have any to come by.
I don't know who is going to win the game, but
I do know what it opened at, how long it stayed
at the number, and have a pretty good idea why
the favorite got changed. In other words, I may
not win my play, but at least I know how the line
progressed.
If you are half serious about showing a profit
come the Super Bowl, you can start fresh each
week looking at the line, away from lightweight
media pronouncements, and use the approach that
you must be connected to the whole process.
If you bet early or late, or if you feel a number
is going to get away from you, it is crucial to
know what's going on in order to protect yourself.
Now a lot of bettors have jobs and are pretty
busy. But you should at least check the Don Best
screen twice a day. Do it before you go to work
and then check it when you come home. It will
give you a feel for the rhythm that will click
in your head if you stay tuned in.
No matter what store you play at, if you get
a morning line, you will be able to adjust to
a certain style that your book has. You will see
if it moves quicker on favorites than some of
the other joints, or if it lags behind on a move.
After a while, you will be able to pretty much
judge a store, especially a medium-size outfit
that isn't able to take as big of a bite as some
big shops can.
What this will do for you is give you a gauge
on when to move on a side that you like. If your
book is moving quick on favorites, you will know
that you might have to strike a little earlier
in the week.
On the other hand, if you like the dog, there
might be a juicy number for you a little later
in the week. But in either case, you have to know
what's going on.
If you are following someone else or are simply
a day-of-game bettor, you have to know where this
number started, and if possible which outfit moved
the number first. This may not always be feasible,
but you must make an effort to find out.
If you follow line movement on a daily basis,
you will have the ability to get smarter. But
if you take Linda's word for it that a team was
installed as a favorite, take that job at the
gas station now and put yourself out of your misery.
Of all the major sports, football offers the
greatest fascination for watching and betting
on the games. You have time to talk about the
big game that is coming up all week long at the
water cooler. You can listen to every talk show
and watch every Sportscenter, and I do not mean
to rag on them too much as there are some segments
that do have value. But over the long run, you
have to go a little deeper than what they give
to the public.
Listen, I only speak from experience. Whether
you're booking or playing you have to know what's
going on. In today's market bookmakers are starting
to think like players and vice versa. You got
to try to find out what's in the other guy's head.
The day is gone for bookmakers just getting a
cold number from a service and throwing it up
on the board and hoping the rest will take care
of itself. Also gone is the day that players relied
on bookmakers making mistakes that they let us
swoop in and rob them once a week and then spend
three days in the gold club.
Let me tell you that the people who end up with
the money in the long run do know what is going
on. Bad weeks, bad months, bad seasons are all
a part of the racket. But if you apply yourself
just a little to what is going on, in five or
10 years you will be waiting for another opening
day and you will not be the rank sucker that you
used to be.
If you know that the 49ers were "installed"
a 2½-point favorite, you will get a different
light on the game. Forget the final score on the
game because it is just one of many starting on
Saturday. But just pay a little bit of attention
and see how good you feel about things come January.
Remember, it really does not cost anything to
get a little smarter. All it takes is a little
dedicated time during the week to see "what's
going on".
Where is Linda when I need her?
Stay smart, Jimmy V.
Once again, great response from you guys
and keep them coming: www.jimmyvaccaro.com or
vaccarosports@lvcm.com and www.donbest.com.
A couple of new wrinkles will be added soon so
stay in touch.
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