October is one of the biggest months of the year for private bookies. All four major US professional leagues are in action along with college football. While the revenue and subsequent profit this month can generate is a major financial boon, managing all the daily and weekly action coming in becomes a much tougher task, but we’re here to give some assistance with our Weekly Bookie Betting Report for Oct. 3.
This is where a quality pay per head bookie software solutions provider can more than earn the weekly fees they charge for each of your active betting customers. Bookies need to look at each sport as a separate profit center to fully make the most of this unique opportunity. By developing a customer base for each betting opportunity, you will be able to maximize the bottom-line profit for your entire bookmaking operation.
Season-to-Date Football Betting Results
The NFL wrapped up the first quarter of its regular season schedule and the early betting trends still favor the underdogs against the spread with a winning rate of 61.3 percent. The best bet through the first four weeks has been road dogs winning 70 percent of the time. Road teams in general have been a profitable play covering 64.5 percent of their games. Road teams have also won 56.5 percent of their games straight-up.
Underdogs have won close to 42 percent of the time straight-up to add some action to the NFL moneyline bet. The best bet on the total line has been the UNDER with a winning rate of 55.6 percent.
The betting results for the first five weeks of the college football season have been much more stable. While the favorites have won 84.7 percent of their games SU, their winning rate ATS is just 50.8 percent. All the betting trends ATS are just about even with road favorites having the best edge at 53.2 percent. The UNDER has a winning rate of 52.3 percent when it comes to betting the college football total line.
One of the biggest handicapping contests of the NFL season is the Westgate Las Vegas SuperContest. Last week, the consensus picks road the Kansas City Chiefs with 1463 picks, but they could not cover the seven points in a tight 34-30 road win against Detroit. New England was second on the list with 930 picks but the Patriots failed to cover in a tight 16-10 road win against Buffalo as seven-point favorites.
NEVER MISS ANOTHER WAGERHOME BLOG POST – BOOKMARK THIS PAGE NOW
Early NFL Week 5 Consensus Picks
The early betting consensus for Week 5 in the NFL is back on the 4-0 Patriots at 69 percent as heavy 15.5-point road favorites against the 0-4 Washington Redskins. The 0-4 Arizona Cardinals are a solid bet at 65 percent as three-point road underdogs against the 0-4 Cincinnati Bengals.
Most of the games this week are tight either way with no clear favorite. There are also several “too close to call” scenarios betting the NFL total line.
This Weekend’s Big Betting Games
All four MLB best-of-five league division series will get underway starting on Thursday. In the American League, the New York Yankees are -220 favorites against the Minnesota Twins. In the other AL series, the Tampa Bay Rays will take on the heavily favored Houston Astros.
The Atlanta Braves are -140 favorites against the St. Louis Cardinals in one NLDS and the Los Angeles Dodgers are -220 favorites against the Washington Nationals in the other NL series.
One of the heaviest bet games in the NFL this Sunday should be the 3-1 Green Bay Packers on the road against the 3-1 Dallas Cowboys at 4:25 p.m. on FOX. Both teams are coming off their first loss of the season with the Cowboys set as 3.5 favorites. The total for this key NFC clash has been set at 47 points.
