NFL Trading on Betfair
Each sport has its own intricacies that contribute toward building an edge, sometimes their intricacies are the reason new traders get burnt…
Getting burnt isn’t great fun, or a good idea. Learning to use the small edges provided by each sport and market is far better.
So if you’ve ever looked to the NFL trading opportunities on offer, this guest post from Ryan should help!
NFL Trading – Why Get Involved?
NFL Trading, NFL trading on Betfair.
NFL as a sport is growing in popularity over the UK with a lot more people are starting to watch it, as a result, liquidity is increasing. This makes NFL trading pretty interesting – especially the games on Sky TV.
Another reason is; the fan base surrounding NFL is so big that, there is a huge amount of information about the game that it is easy to find online. This helps when you come to analyze opportunities in NFL trading, but my favourite reason is the way the game is set up which leads me onto a simple NFL trading strategy….
NFL Trading – Where’s Best To Start?
Laying the first team who scores in short, the game is set up whereby there is a coin toss to see who will receive the ball first.
The winning team are then given 4 opportunities to move the ball 10 yards, if they succeed then they get another 4 attempts until they either don’t move the ball 10 yards which; is then where it is punted away and the defending team gets their attempt to move the ball 10 yards, or they score a touchdown.
This is where the strategy works best (team knowledge is always a bonus).
If the favourite team has the ball it’s even better, for example, if the favourite team is a small favourite of 1.50 or below; if they score the first Touchdown their price maybe around 1.17 – the market overreact, the favourite has scored first their price plummets.
But what happens is the opposing team who are now 0-7 down gets given the ball and their opportunity to move the ball 10 yards and get a return touchdown? Hopefully, you can see where there’s a small edge to be had.
So we lay the team who scores first – Why?
- Because they now have to defend, despite a shortened price
- Their price is very low and makes it a low liability lay
- Their opponent is fired up to move the ball and get the TD – increased motivation to counter
- It is a great way to trade because even a threat of a TD can move the fav price from the 1.20 (or lower) to 1.30ish and if there is a TD it can go 1.60 or over!
- The potential risk is reduced in the market through the numbers, while potential upside is increased through being awarded the ball
Take this game from last season as an example;
NFL Trading with Colts v’s Broncos
This was a playoff game between the Colts and Broncos. The Broncos started this game well and scored the first TD (their price hit 1.17). It’s crazy because it’s a divisional playoff game, surely the opponent is not a poor team?
And so a 1.17 lay was taken, as soon as they scored the touchdown results in the Colts getting the ball and scoring the next touchdown to give an exit point of 1.6 to back… that’s a pretty big move, much like you see in Tennis.
To take your NFL trading to a higher level, much like trading tennis it’s important to know the situation in play. The number is a great place to start, but without some kind of knowledge or research into a game it can be tricky. Always do your homework!
Trying this blindly on every game you see won’t work. I’d suggest looking for teams that are evenly matched and have their key players playing. You can find this information on ESPN quite easily.