Betting the Big Uglies
Let's hold our noses and talk about the Big Uglies. Those
college basketball teams that are so bad, you don't even want to
examine the game, let along think about wagering on them.
However, this time of year there can be some outstanding line
value in ugly dogs. You just need to learn how to hold your
breath and get up the courage.
Think of it this way: It's not so much a play ON the bad team,
as it is AGAINST the overvalued favorite. And that's the key. In
fact, let's look at it backwards, going from a good team to the
bad ones. Take a look at a team like Louisville. The Cardinals,
a public team, are not a bad squad, winning 16 games. Yet, they
have been a favorite 15 times this season and are 4-11 against
the number. They are overvalued, with oddsmakers putting up
numbers that are more reflective of PAST Rick Pitino teams than
this current one, which is young and often struggles to put the
biscuit in the basket. At 0-6 SU, 1-5 ATS as a dog, they haven't
been able to cover all season regardless of being chalk or a
dog.
Look early in the season when Louisville was a double-digit
favorite over Richmond, Detroit, Arkansas State, Charleston and
Middle Tennessee State. They failed to cover in all five. Throw
in the nagging injuries that have affected the Cardinals depth,
and Louisville has been a go-against all season. You can even
take this a step further and see WHY they haven't been covering:
A lack of offense. Louisville outscores teams by a 69-61 average
when a favorite, going 12-2 under the total in those games. They
simply don't have the firepower on offense, even against small
schools. And when you're a double-digit favorite often, you
better be able to score! Therefore, backing the ugly dog is the
wiser move.
Other times, a situation can dictate a play on an ugly dog. I
found one on Saturday, releasing TCU as a +15