The 2023 Canadian Football League (CFL) season is heating up, and after five weeks of play, it's time to take a look at the key statistics from a sports betting perspective. By analyzing the Sports Betting Index (SBI) from the Raymond Report, we can draw several insights about the performance of Favorites vs. Underdogs, Home vs. Road teams, and the Over/Under results.
Weekly SBI Ratings Recap
The SBI ratings have oscillated between ‘Bullish', ‘Neutral', and ‘Bearish' over the course of the five weeks. The first week kicked off neutrally with Favorites and Underdogs tying both Straight Up (SU) and Against the Spread (ATS), while Under performed over the Over with a 75% to 25% ratio.
Week 2 and Week 4 were bullish for Favorites, winning 75% and 66.7% of the games SU and ATS, respectively. Under still dominated the Over results, keeping a bearish SBI rating for Overs.
Week 3, however, flipped the script, turning bearish for Favorites and bullish for the Over. The favorites won only 25% SU and ATS, while the Over stood at 75%.
In Week 5, the Favorites roared back to 100% success rate SU and 75% ATS, signaling a bullish trend for Favorites. Under kept its dominance with a 75% result, maintaining a bearish trend for the Over.
- Weekly SBI Ratings Recap
|Week||SU FAV||SU DOG||SBI RATING SU||OU OVER||OU UNDER||SBI RATING OU||ATS FAV||ATS DOG||SBI RATING ATS|
- YTD Analysis
|SU FAV||SU DOG||SBI RATING SU||OU OVER||OU UNDER||SBI RATING OU||ATS FAV||ATS DOG||SBI RATING ATS|
Year-to-Date (YTD) Analysis
On an aggregate basis (YTD), the SBI rating leans bullish for Favorites, who have a win rate of 63.3% SU and 58.3% ATS. The Over, on the other hand, has maintained a bearish trend with only 36.7% occurrence.
Implications for Sports Betting
These SBI ratings indicate a few key betting trends:
- Favorites are a Strong Bet: The bullish SBI rating for Favorites shows they've been performing well. Favorites, particularly on the Road, have delivered more wins both SU and ATS, making them a potentially profitable bet.
- Consider Betting Under: The Over/Under markets lean towards the Under, as indicated by its consistent bearish SBI rating. Bettors might find value betting on lower total points in games.
- Watch for Weekly Shifts: Weekly SBI ratings show variability. It’s essential for bettors to keep an eye on the shifting trends to make the most informed wagers.
In summary, this SBI report underlines the value of understanding and considering betting trends in the CFL. By tracking these trends over time, bettors can make informed decisions, improving their chances of a successful wager.