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A very interesting week of NFL betting just went into the books. With every week, we acquire more and more data, and that paints a clever picture of what the NFL landscape should look like going forward.
Injuries again played a big part in some of these matchups, but that is nothing new in the NFL. Staying relatively healthy is and always will be one of the keys to winning a championship.
Let’s take a look at some of the trends and check in on our seasonal totals.
Records against the spread
For the second time this season, underdogs were the way to go. We had only seven favorites win and cover in Week 3. We had two more favorites win and not cover — the Ravens and Raiders. We also had seven underdogs win their games outright in Week 3. That means underdogs went 7-9 overall and 9-7 ATS. That means blindly betting one unit the spread on every underdog squeaked out a small 0.2-unit profit on the week. Due to the payouts, betting every dog on the moneyline for one unit would have returned a bigger flat bet profit. How big is tough to calculate as books rarely have the same payout on moneyline bets, but you had enough dogs win at over +200 to cover the losses. If you want an early look at how Week 4 is shaping up, check out our first look at Week 4 NFL Betting Lines here.
Team totals: Over/unders
Week 3 of NFL action was very one-sided for total bettors — only four of the 16 games played ended up as overs. In Week 1, we had a 7-9 record to the over. Week 2 was an even 8-8. Week 3 saw just a 4-12 record for over bettors. It was much better if you looked at the record vs. the opening line as a few games saw totals spike and just missed cashing at the closing number. On the Season we currently see a record of 21 overs and 27 unders. Be sure to check out the Against the Spread and Against the Total records on FTNBets.