The Westgate Las Vegas SuperBook gave the NFL betting public something to chew on over the summer. In addition to posting its season win totals on Sunday, they also released Game of the Year odds and odds to win each division.
A few books have already posted NFL season win totals and CG Technology opened spreads on the 16 regular season games a few weeks ago, but when the Westgate opens odds on just about anything, you always take notice out of respect. The crew, led by VP Jay Kornegay and manager Ed Salmons, have a sharp opinion and they rarely implement anything the market is showing.
Sharp money loves when the Westgate posts something because they get an insight to what Kornegay and Salmons are thinking that they can use elsewhere. They also know they can find some serious middles on the many differences.
For instance, bettors that took Over 11 wins by the Patriots at the South Point can now go to the Westgate and bet Under 12.5 (-130) and hope to win both bets with New England going 12-4 an extremely likely scenario considering they were 12-4 in four straight seasons before last year’s 14-2 squad.
That gap the Westgate shows by posting 12.5 shows just how much they don’t care about what anyone else in town does because they could have had the same effect by posting 12. But they put their opinion into everything, probably more than any other book in the state. And apparently it works out well for them with revenues.
The Westgate also gives you a glimpse of their early NFL ratings. For instance, in the Week 3 game being played in London they posted the Ravens -3.5 against Jacksonville. CG Tech books posted the Ravens -1.5. You can quickly tell who they like and don’t like coming into the season.
The largest favorite to win the division is, not surprisingly, the Patriots at 1-to-14. Yes, you have to bet $14 to win $1. They’re basically saying we don’t want any Patriots money because they’ve won the division for eight straight seasons and 14 of the past 15. However, they want all your money if you like someone else in the AFC East. How about the Dolphins at 8-1? Will that do the trick? Can they entice you to take Buffalo at 15-1? The Jets are 100-1.
The AFC South has the Colts and Texans each as 9-to-4 co-favorites to win with Tennessee 2-to-1 and Jacksonville 5-to-1. The Falcons are slight 8-to-5 favorites to win the NFC South with the Panthers 2-to-1 and the Buccaneers and Saints each at 4-to-1.