The Secret Edge in NFL Preseason Betting | Circle Back | Presented by ProphetX

NFL preseason line movement is under the microscope after a wild stretch of results: teams that have moved 1.5+ points or more on the spread this season are 0-8, and 23-51 since 2024, according to Big Al McMordie's numbers. That trend has reignited a fierce debate about whether closing line value still holds up as a betting principle, with some pointing to small sample sizes and starters entering games as the real driver behind the movement. Also on deck: reactions to Pat McAfee's surprise album release, plus the fallout from Circa CEO Derek Stevens' pointed comments questioning the legitimacy and tax structure of peer-to-peer prediction markets.

Jacob Gramegna hosts this episode of Circle Back alongside Rob Pizzola and Geoff Fienberg for another edition of Circles Off, part of The Hammer Betting Network.

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