Sports bettors keeping an eye on market momentum will note some clear themes emerging in both the NBA and NHL this week. The Raymond Report Sports Betting Index (SBI) — which tracks the performance of Favorites, Underdogs, and Totals (OVER/UNDER) results straight up (SU), against the spread (ATS), and by market trend rating (Bullish, Neutral, Bearish) — continues to shed light on which betting angles are producing profit or pain.
Let’s break down how each league has performed through November 21, 2025.
Current SBI Ratings:
The NBA market is heavily favoring favorites across the board — both straight up (SU) and against the spread (ATS).
In the past seven days, favorites are winning 75.1% SU and covering roughly 69% ATS, supporting a strong “favorites rule the board” narrative.
Over the past three months, favorites have sustained a Bullish 73% SU win rate, showing no signs of regression heading into late November.
For context, an SU win rate above 57.1% is considered Bullish under the Raymond Report index. The NBA has blown past that threshold, consistently posting mid-70% highs.
While favorites are in control, totals remain balanced — the OVER trend is clocking in at 54.4%, with a Neutral market rating. This suggests sportsbooks have kept totals in line with actual game tempo, resulting in minimal edge for bettors.
In short:
| Date | SU Favs Win% | O/U Over% | ATS Favs Win% |
|---|---|---|---|
| Nov 20 | 100% | 75% | 100% |
| Nov 19 | 89% | 22% | 56% |
| Nov 17 | 88% | 38% | 88% |
| Nov 14 | 89% | 44% | 100% |
Key takeaway: NBA favorites have been cashing at an unsustainable clip — 70%+ SU and 60%+ ATS over the past month — creating prime conditions for contrarian bettors to start looking for regression spots heading into December.
Current SBI Ratings:
The NHL market tells a completely different story — one of balance and volatility.
Straight-up favorites are winning 57% of games, which sits right on the neutral threshold. This means the hockey market remains unpredictable, with underdogs pulling off steady upsets each night.
The ATS (puck line) favorites, however, are significantly Bearish, cashing only 32% YTD — meaning puck-line underdogs are thriving. This may reflect tighter goalie play, defensive setups, and a league that remains heavily parity-driven.
With an Over percentage of 50.8%, the totals market in the NHL has returned to near-perfect equilibrium. Neither the “Over” nor “Under” bettors are gaining a statistical edge right now.
| Date | SU Favs Win% | O/U Over% | ATS Favs Win% |
|---|---|---|---|
| Nov 20 | 67% | 25% | 33% |
| Nov 17 | 67% | 33% | 33% |
| Nov 15 | 46% | 25% | 31% |
| Nov 13 | 70% | 90% | 50% |
The NHL narrative:
Underdogs and puck-line bettors continue to see stronger returns, while the totals remain inconsistent. A week of volatility — alternating between heavy Over and Under days — makes trend prediction trickier than in the NBA.
| League | SU FAV % | SU Rating | ATS FAV % | ATS Rating | O/U Over % | O/U Rating |
|---|---|---|---|---|---|---|
| **NBA** | 73.2% | BULLISH | 60.6% | BULLISH | 54.4% | NEUTRAL |
| **NHL** | 57% | NEUTRAL | 32.3% | BEARISH | 50.8% | NEUTRAL |
Interpretation:
According to the Raymond Report Philosophy, understanding market psychology is key.
Here’s what the SBI data implies:
NBA Overs are stabilizing, but favorites are overperforming.
Bettors should anticipate a correction period, where road dogs and unders regain ground.
NHL’s underdog value remains strong.
Consistent Bearish action in ATS favorites implies sportsbooks have correctly priced favorites but left room for dog bettors to cash.
Totals in both leagues are uniform, which is rare. Both sitting within 50–55% shows line-makers are successfully neutralizing pace and offense volatility.
As of Friday, November 21, 2025, the Sports Betting Index signals a “Favorites-Heavy NBA” and an “Underdog-Friendly NHL.”
Savvy bettors tracking SBS trends with the Raymond Report will want to fade favorites selectively in basketball and hunt live underdog spots in hockey over the next week.
Stay disciplined, manage your unit exposure, and keep following the SBI trend data for the edge that separates the pros from the public.
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