THE POWER RANK

Podcast: Matt Metcalf on sports betting and bookmaking

By 3 Comments

On this episode of The Football Analytics Show, I’m joined by Matt Metcalf, the sports book director at Circa Sports. Among other topics, we discuss:

  • Matt’s key to setting the market as a bookmaker (12:55)
  • How he changes his college football ratings each week (23:30)
  • Booking the NFL (33:20)
  • The decision to work at Circa (39:47)
  • Why Circa takes sharp action (45:47)
  • The one thing he would change in the sports betting industry (54:03)

This was a fantastic conversation on so many aspects of sports betting. To listen here, click on the right pointing triangle.

This episode of The Football Analytics Show is also available on Spotify and Apple Podcasts.

PGA Championship

By Leave a Comment

What have you done for me lately?

For Matt Kuchar, lately is a short period of his rather long career. In 2012, the 43 year old won the Players, or the fifth major, and was ranked in the world’s top 5.

In 2022, he seems to have regained that form. Kuchar finished in the top 5 at the RBC Heritage and Valero Texas Open, and he tied for 12th last week at the AT&T Bryon Nelson.

However, there are some warning signs that this recent form might be a fluke. In these three tournaments, he excelled at putting. To quantify this, let’s look at True Strokes Gained.

Raw strokes gained is the number of strokes a golfer beats a field in a tournament. At Data Golf, True Stokes Gained takes this raw metric and adjusts for field strength. A golfer gets more credit for a performance at the Masters with most of the world’s top golfers than the Mexico Open.

When looking at True Strokes Gained for putting, Kuchar has put up some great numbers in recent tournaments (the number gives strokes gained per round).

  • 1.02 – AT&T Byron Nelson
  • 1.88 – RBC Heritage
  • 1.84 – Valero Texas Open

Unfortunately for Kuchar, randomness plays a big role in putting. These recent putting performances are not as predictive as other elements of the game, and this implies regression in his putting performances.

A more predictive element for golfers is driving distance, and this is an important aspect of winning the PGA Championship at Southern Hills in Tulsa, Oklahoma. Unfortunately for Kuchar, he is not strong off the tee.

Let’s contrast Kuchar with Joaquin Niemann, the 23 year old Chilean. Niemann excels at driving distance and approach. The latter is also important on a Southern Hills course with small greens that are unforgiving for inaccurate approach shots.

In the match up markets, DraftKings has Niemann -125 over Kuchar, which gives a break even probability of 55.6%. Brandon Gdula of numberFire would make the price -167 for Niemann, and DataGolf also has a win probability closer to 60%. Most likely, Kuchar’s recent form has kept this price from getting higher.

In addition, the markets at DraftKings seem off on Kuchar, as they have him at 60-1 to win the PGA Championship. This implies a much higher win probability than the 150-1 at FanDuel and 250-1 at Circa.

This all suggests value on Niemann -125 over Kuchar at the PGA Championship.

Here are some other bets I made on the PGA Championship.

  • John Rahm +1200 to win. On a recent episode of Establish the Run podcast, pro sports bettor Rufus Peabody said he bets Rahm to win every week. I can’t imagine this has changed within the last month. DraftKings has better odds at +1400.
  • Tiger Woods -115 to make the cut. Nothing says square bettor quite like betting on Tiger. DataGolf has liked Tiger to make the cut at the last two majors (including this PGA Championship).

Data driven betting information

These article was sent to The Power Rank’s email newsletter. This is a free service that strives to be:

  • Valuable
  • Concise
  • Entertaining

While the primary emphasis is NFL and college football, the newsletter covers golf and baseball during the off season.

In addition, you get a free pdf download of The Logic of Sports Betting by Ed Miller and Matthew Davidow for signing up.

To get this free service delivered straight into your inbox, enter your best email address and click on “Sign up now!”








 

 
 

Podcast: Matt Waldman on scouting future NFL players

By 2 Comments

On this episode of The Football Analytics Show, I’m joined by Matt Waldman, creator of the Rookie Scouting Portfolio (RSP). Matt uses film study to evaluate hundreds of skill position players headed from college to the NFL.

Among other topics, we discuss:

  • How Dak Prescott made Matt improve his process for RSP (3:46)
  • The year long process for producing RSP (12:22)
  • How to define the It factor for football players (24:08)
  • Winning versus skill development and Drew Lock (33:00)
  • Why Matt is off consensus on QB Malik Willis (46:26)
  • The relationship between football and improvisational music (58:00)

This was an amazing conversation that took many unexpected turns from my perspective. To listen here, click on the triangle that points to the right.

This episode of The Football Analytics Show is also available on Spotify and Apple Podcasts.

First RB selected in the 2022 NFL draft

By Leave a Comment

Great minds do not always think alike.

On The Football Analytics Show podcast, Matthew Freedman of FantasyPros talked about how he liked Iowa State’s Breece Hall as the first RB selected. He likes Hall over Michigan State’s Kenneth Walker partially because of their college stats, a topic we will dive into later.

On the same podcast, Dr. Eric Eager of PFF said that he liked Walker as the first RB selected. At +280, he sees value, partially because this pick won’t happen until the second round.

There are two important concepts to unpack here.

First, one of the knocks against Walker is his pass catching numbers. JJ Zachariason of lateround.com has developed a model for how college players project to the NFL for fantasy football. He has found that a running back’s top season for reception share is one of the predictors in his model.

Running backs that catch the ball in college do not necessarily become top pass catchers in the NFL. However, JJ believes that a high reception share is an indicator of all around talent. With a 5.6% reception share for his best season, Walker gets dinged here.

Second, the NFL draft becomes more difficult to predict as the picks go by. A running back is not expected to get selected in the first round. Here are the expected draft positions from Grinding the Mocks, a wisdom of crowds estimator:

  • Breece Hall (Iowa State), 36.4
  • Kenneth Walker (Michigan State), 45.3
  • Isaiah Spiller (Texas A&M), 71.5

While one often just says that the draft gets random in later rounds, let’s get more precise about exactly what that means.

With the top picks in the draft, there is more certainty about which players will get picked. The distribution has the majority of weight on one or two players.

For example, Jacksonville has the first pick. The markets have Aiden Hutchinson as the favorite (-200) and Travon Walker with the next best odds (+190). Behind these two edge rushers, no player has better than 12 to 1 odds.

With later draft picks, the probability distribution becomes more uniform over a number of players. One consequence of this more uniform distribution is there should be less certainty which running back will get picked first. This is the reasoning behind why Dr. Eager likes the longer shot Walker.

I don’t have a strong take on whether Hall or Walker will be the first RB selected. However, there are some interesting almost arbitrage opportunities.

As of Thursday morning, DraftKings has Hall at -275 as the first RB selected. FanDuel has Walker at +280, a break even probability of 26.3%. This is lower than the chance that a Michigan fan still has ulcers after the performance Walker had against the Wolverines last season.

If you have an opinion or inside information on Hall vs Walker, this is a favorable market. Another RB could be the top pick, but the wisdom of crowds projection has Spiller far behind the two top candidates.

The Late-Round Prospect Guide

JJ Zacharaison is a season long fantasy football expert. He spends the entire year running numbers and thinking about how to win your league.

After a long career at numberFire and FanDuel, he is now an independent creator at his site Late Round Fantasy Football. You can get more details on his prospect model discussed here and prospect ratings in The Late-Round Prospect Guide.

This is not an affiliate deal, as I don’t get part of the sale. I think you should check it out because JJ’s work is excellent.

Podcast: Drew Dinsick on betting the NFL draft, NBA playoffs

By 1 Comment

On this episode of The Football Analytics Show, I’m joined by Drew Dinsick, sharp quantitative bettor. Among other topics, we discuss:

  • How this NFL draft is different from past years (3:16)
  • Jacksonville and the top pick (9:06)
  • Kayvon Thibodeaux (13:10)
  • Malik Willis, Kenny Pickett and the QB class (18:22)
  • The components of Drew’s NBA model (36:00)
  • NBA player ratings (39:53)
  • Golden State (49:42)
  • Brooklyn (54:16)

This was an awesome conversation about quantitative process and sports. To listen here, click on the triangle pointing towards the right.

This episode of The Football Analytics Show is also available on Spotify and Apple Podcasts.