NFL Betting News: Chad Ochocinco Traded to New England Patriots
Thursday, July 28, 2011
by Bodog Sportsbook
You won’t find NFL odds that saw this coming. The New England Patriots have done the unfathomable and acquired wide receiver Chad Ochocinco via trade from the Cincinnati Bengals after he accepted a restructured three-year contract.
ESPN Insider Adam Schefter said via Twitter that New England gave up a late 2012 pick and 2013 pick, no word on what the numbers are on his new contract.
"God is good," Ochocinco said on his Twitter page after the news was revealed.
We would say this move could have a big betting impact on the Patriots, however, their odds — currently at 7-1 to win Super Bowl XLVI — are already tied with the Green Bay Packers as the highest in the Bodog Sportsbook. If QB Tom Brady can help Ochocinco’s career the same way he helped rejuvenate Randy Moss’, we could be in for another 2007-08 Patriots season where they began an uncanny 8-0 against the spread (ATS).
Ochocinco caught 67 passes for 831 yards with four touchdowns last season, just the second time since his rookie season he finished under 1,000 yards receiving. The Pats also grabbed underachieving and underpaid defensive tackle Albert Haynesworth from the Washington Redskins. It’s apparent New England coach Bill Belichick believes he can get these two controversial players to play the “Patriot Way”.
As for the Bengals, they are officially back to the “Bungles”. QB Carson Palmer is retired according to owner Mike Brown, and the team’s top receiver is gone. They recently brought in vet QB Bruce Gradkowski to compete with second-round pick Andy Dalton, and have a new star receiver in A.J. Green whom they drafted fourth overall. Their future is promising, but their present is horrifying. The Bengals' odds are 80-1 to win the 2012 Super Bowl and they could get worse. They went 7-9 ATS last year — not bad for a struggling franchise — we’d have a hard time touching them as a wager Week 1 and beyond.
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