Half time betting is profitable for sportsbooks because of the type of bettor it attracts. There are the gamblers who were at work and missed getting down on their team and there are the bettors who watched their team get blown out in the first two quarters who look to 2nd half odds for reason to keep watching. Then there is the chaser, the book's most profitable type of bettor...He's the guy down large on the night and can't be at peace with tomorrow is another day. He wants to go to bed with a number in the plus column but there are no more games on the board to cap. His last chance of the night is to play the odds in the second half.
Yes, half time betting can be a boon for the house and the end of a nightmare day for impulsive gamblers. But, for the small percentage of smart bettors, it offers the chance to turn the odds against the house.
You spent the last two hours handicapping a football game that is now approaching kick-off. Your efforts tell you that the Green Bay Packers should win the contest by at least three points. At the time you started picking apart this Monday night game, stat by stat and injury by injury, your sportsbooks were offering a tasty -3 +105, BUT the line moved against you while you were checking your almanac. Your bookmaker is now asking you to give up -3.5 points at -110 for a play on the cheese heads. If you don’t have access to a bookie who is still hanging the -3, you are either forced to pass on the event or go for it, risking more than you know you should. Many of us are action junkies and would lay the extra half point, although betting in this manner will eventually eat away at our bank roll.
Handicapping an event and forming an opinion is only part of the battle. Every profitable gambler and bookmaker knows that line shopping, and more specifically, line movement is the key to a player’s success. Following the path of changing odds offers an enormous advantage over the long haul. A NFL bettor may follow football lines all week in order to gauge the right time to strike as betting odds gradually move in and out of his favor.
We have all pushed on a play where we would have won had we put more effort into getting that half point.
For most gamblers, sitting in front of online betting screens all day is not a realistic option; although many of us will not hit the magic winning percentage of 53% without at least tracking the quick moving odds right before the game. If you are on the verge of understanding the importance of paying less and obtaining the better line, but do not plan on wagering for a living, the half time bet may be a valuable option for you.
Following Line Movement
Halftime odds offer you the ability to get a fresh line and follow it until it comes off the board. Without going into another article about line movement, watching a normal line through its lifespan is something that can take anywhere from half your day to a week. A 2nd half bettor watching multiple books is able to get a great feel on which way the line is headed and pounce on the offering that suits his pick. He may use the same techniques as a NFL bettor glued to the market all week in a span of only 7 minutes.
A soft line is one that deviates from the consensus. Sportsbooks only have a short span of time to take in action at half time, and on occasion will stray from the pack in order to take the bets it needs to balance exposure. Some bookies will consistently be the last one to move their numbers which offers value when it has changed against you at most other books in the betting market.
In the course of setting full game odds, bookmakers will frequently peek at what one another are offering. Many will base their odds on what their bigger neighbor is doing and go from there.
During halftime there is little opportunity for them to consult with others. Out of five sportsbooks at least one book’s opinion will likely drastically differ from the rest, especially on 2nd half totals. This line will adjust quickly as people bet into it, but this initial soft line offers the occasional shot at an extra two points you may not see offered again during the intermission.
The Half-Time Line Advantage
Hypothetically, let us say you wanted to play the over on a NBA total that was set at 190. You were able to follow the line movement and earn a valuable 3 points towards your bet. From time to time, these big line moves do happen especially when the odds open, and they also happen to 2nd half odds. Even though you are wagering on half of the event, that doesn’t necessarily mean you will get half of the line movement. Getting 3 points from that 190 is a great find, but getting 3 points on the 2nd half over/under total of 95 provides an even better advantage. It is a larger percentage of the line you are trying to beat. Think of this advantage as a head start in a race. A 20-foot head start would be much more effective in a sprint than a marathon.
A Level Playing Field
I have heard gamblers say that they do not like this quick betting style because it does not offer adequate time to crunch numbers and trends. My response is that bookies have already utilized much of the information you are weighing into your normal handicapping.
However, at a game’s intermission, the player may gain the knowledge edge. Linesmen are often forced to offer odds on many mid-game events at the same time. It would be impossible for them to follow every individual game as closely as the one you are watching, and a week’s worth of inside information no longer comes into play. This line is largely based on the original game line they set and what happened in the first 24 minutes.
Your Best Bet
The fast pace of halftime wagering is not for everyone. If you don’t enjoy getting numbers dumped on you all at once in order to get more for your buck then you may want to spend the 2nd half on the bench. If you want the ability to follow the life of a line, take advantage of more unique or soft numbers, apply your effort to a smaller contest, know as much as or more than your bookmaker, then the 2nd half may be your best bet!
This article was originally published in 2007 on the website www.sportsbookreview.com (All rights reserved).