Each season, there is plenty of hype about public betting in the NFL. While other major sports are generally driven by professional bettors, there is a mix of wagering among the public and sharp players for the NFL. During the NFL season, it is fairly common to hear about how hot the public is on a particular team for an upcoming game. It is important to understand how this concept works throughout an NFL season.
The pros of going against the public
Generally, the public will back the favorite in an NFL game. The public is also more likely to support a marquee NFL franchise that has a tremendous national following. The Dallas Cowboys and Pittsburgh Steelers are a couple of teams that would fit this example. In these kind of instances, the oddsmaker may shade the odds a point or two to anticipate the public money that will come in for a certain side. In other words, there is an element of the betting public that is going to bet a certain way regardless of the line.
The savvy bettor can take advantage of these circumstances. The odds that are inflated for a favorite or public team can enable the sharp player to find some underdogs that have some real value over the course of the season. Many public bettors are conditioned to back the favorite on almost all occasions. Favorites to win the majority of the time. However, favorites only cover the point spread about half the time. The 2009 Super Bowl champion New Orleans Saints are a good example of how the public can get carried away by backing a good team. The Saints won and covered the first six games of last season. Obviously, the public sentiment for New Orleans grew each week. After the 6-0 start, the Saints won seven more games in a row. However, the club was just 2-5 against the point spread during this stretch. The public kept focusing on the winning streak without spotting some inflated lines.
The cons of going against the public
Many professional bettors will be wary of the side that the public is betting. The sharp bettors feel that the public isn’t properly handicapping a game. Most serious bettors will break down a game without any bias towards the underdog or favorite. While the sharp player may not feel right about backing the public side in an NFL game, there are times when the public riding a favorite and a pro bettor are going to be on the same side. In some instances, an underdog is too weak to be able to cover an inflated line for the favorite. As mentioned earlier, favorites and underdogs will cover in the NFL at about the same rate.
The perceived value that the pro bettor sees in the underdog getting points against the inflated public line for the favorite is sometimes a mirage. During its 14-0 run to start last season, the Indianapolis Colts went 10-4 against the point spread. The public successfully rode the Colts in an example of what can happen if a pro bettor automatically dismisses the other side.














