The NFL preseason officially begins tonight when the Denver Broncos take on the Atlanta Falcons in the 2019 Hall of Fame Game.
While many fans and casual bettors scoff at the idea of betting on exhibition football, NFL preseason games still attract plenty of action — even from professional bettors.
Based on our betting data, there's no question that bettors are jumping on tonight's opportunity to wager on football.
In fact, the action has been so heavy that oddsmakers have been forced to make major adjustments to this point spread to account for the building liability.
Using The Action Network's betting tools and data, let's look at how money is moving the Broncos-Falcons betting line.
Hall of Fame Game Line Moves
The Hall of Fame Game point spread opened between Falcons -1 and a pick'em, depending on the sportsbook.
Fifty-eight percent of spread bets have taken Denver, and those wagers account for 59% of the total money.
Oddsmakers had no choice but to react to early one-sided action, explaining why this line had moved to a consensus of Broncos -3, and even -3.5 at some sportsbooks, as recently as Wednesday morning.
However, over the past 24 hours Falcons buyback has hit the market, kicking this line back through the key number of 3 and down to a consensus of Atlanta -2.5.
To put this in perspective, as of 4 p.m. ET Wednesday 83% of all money wagered on this point spread had come in on Denver.
But as I mentioned above, that is now down to 59%, and coupled with the line move from 3.5 to 2.5, we know that Hall of Fame Game action has been all Atlanta since yesterday afternoon.