Sportsbook bettors often enjoy wagering on the absolute best teams in a league. By definition, the best teams win quite frequently, so this pattern of betting can be very successful at times. Nevertheless, when one is wagering on sides one must always consider the offshore sportsbook lines. Even the best teams will not always win or always cover the offshore sportsbook odds when they win.
Sportsbook betting on the top teams is popular because bettors know these teams have what it takes to win a matchup. It can be very frustrating to wager on the sportsbook odds for underdogs and hope the teams can eke out victories or lose by minimal amounts and cover the offshore sportsbook lines. However, when one is wagering on the absolute best teams one knows that he is supporting a squad with genuine potential. By wagering on a top team one can also often receive excellent value from the sportsbook odds. For example, in the 2007-08 NFL season the Patriots covered the spread in all of their first eight games of the regular season, on the way to completing their perfect regular season. Naturally, the sooner one realizes that a team is one of the best in the league, the better value one will find in the offshore sportsbook odds.
However, by waiting too long to recognize a team’s potential one may miss out on the benefits that can be gained by wagering on the team’s sportsbook lines. As a team continues winning and covering the sportsbook odds in repeated matchups, the lines makers will continue making the team a bigger and bigger favorite in the sportsbook odds of subsequent matchups. Once the sportsbook lines become high enough, even if a team continues winning outright the team will likely struggle to cover the sportsbook spreads. In fact, this exact phenomenon occurred with the Patriots during the 2007-2008 season after Week 8.
After having covered the sportsbook odds in every one of its first eight matchups, New England only covered the sportsbook odds in two of its final eight regular season matchups, despite winning all of the games outright. Moreover, the Patriots failed to cover the sportsbook odds in any of their three postseason matchups, even though New England won the first two of these games. Therefore, the 2007-08 Patriots clearly illustrate why one should not blindly wager on the sportsbook spreads of the best teams throughout a season.
Even if a top team provided excellent sportsbook betting value early in the season, the team’s value will likely decrease throughout the year as the sportsbook odds become harder and harder to cover.
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