ATS STATS – As the NBA season progresses, the betting landscape continues to evolve. Our analysis for Saturday, December 16th, 2023, based on the Sports Betting Index (SBI), offers a comprehensive look at the recent performance trends in the Straight Up (SU), Over/Under (OU), and Against The Spread (ATS) markets.
Straight Up (SU) Performance:
- 1-Day Performance (Dec 15): An equilibrium in the market, with favorites and underdogs each taking 50% of the wins, resulting in a neutral SBI rating.
- 3-Day to 7-Day Range: A bullish trend emerges over both the 3-day (66.3%) and 7-day (80.6%) ranges, favoring the favorites.
- 1-Month to Year-to-Date: This bullish trend for favorites remains consistent over the longer term, with a win rate just above 70%.
Over/Under (OU) Performance:
- 1-Day Performance (Dec 15): A slight lean towards UNDER bets (57%), but overall neutral for the day.
- 3-Day to 7-Day Range: OVER bets have shown strength in the 3-day (63%) and 7-day (58.3%) ranges, indicating a trend towards higher-scoring games.
- 1-Month to Year-to-Date: The overall trend remains neutral, with a slight inclination towards OVER bets.
Against The Spread (ATS) Performance:
- 1-Day Performance (Dec 15): A bearish day for favorites against the spread, with only 38% covering.
- 3-Day to 7-Day Range: Contrasting the 1-day performance, there’s a bullish trend over 3 days (58.7%) and 7 days (70%).
- 1-Month to Year-to-Date: The longer-term trend leans bullish, with favorites covering the spread just over half the time.
Key Insights:
- Balanced SU Market: The latest day’s performance shows an evenly matched competition between favorites and underdogs, a shift from the bullish trend observed over the past week.
- Scoring Trends: The OVER/UNDER bets show a trend towards higher-scoring games in the short term but remain balanced over the longer term.
- ATS Caution: Despite a bearish trend in ATS on the latest day, the overall trend over the past week and month remains bullish for favorites.
Conclusion:
For December 16th, the NBA betting market shows a mix of trends, with a neutral day in SU and OU markets but a bearish trend in ATS for the day. Bettors may want to consider these fluctuations, particularly when evaluating favorites against the spread.
