Fourth & Value · Market Report · 2025 Season

The Under Tilt

42,362 real sportsbook lines from the 2025 season, checked against what actually happened. One pattern held up. A profitable strategy did not. And the league itself looked different than the headline scoring numbers suggest.

Methodology. 42,362 real book/line rows across 10 weeks of the 2025 season, matched against real final stats. Every ROI figure grades each book's own line against its own price — lines and prices are never blended across books.

Everyone has an opinion about which prop markets run hot or which side sportsbooks quietly like to shade. A full season of real lines and real outcomes settles some of that with numbers instead of instinct.

01Do unders hit more?

Yes — in most markets, noticeably. Volume markets in particular — attempts, completions, receptions — skew toward the under. Passing yards is the one market that ran the other way.

◂ Under hitsOver hits ▸
Rush Attempts
56.7%
43.3%
Pass Completions
55.6%
44.4%
Receptions
54.3%
45.7%
Pass Attempts
53.0%
47.0%
Rushing Yards
52.0%
48.0%
Passing TDs
50.9%
49.1%
Receiving Yards
49.8%
50.2%
Passing Yards
47.1%
52.9%
Hit rate vs. consensus line, pushes excluded. n ranges 198–1,008 player-weeks per market.
Reality check Betting every under (or every over) at the real price on offer, all season, and splitting the season in half tells a two-part story. The win rate above 50% holds up in both halves. The dollar return does not: Pass Completions unders ran +11.2% in one half of the season and −1.1% in the other. Rush Attempts unders went −1.8% then +10.7%. The tilt toward unders is real and repeatable. A mechanical "always bet under" strategy is not.

02Which markets swing the hardest?

Ranked by how spiky a player's own numbers are relative to their own season average — the higher the bar, the less a single week tells you.

Rushing Yards
0.96
Receiving Yards
0.87
Passing TDs
0.84
Receptions
0.66
Rush Attempts
0.62
Passing Yards
0.35
Pass Completions
0.30
Pass Attempts
0.30
Coefficient of variation (season std / mean), players with 4+ games who had real props posted on them. Rushing yards: 72.3% of games deviate 40%+ from a player's own average. Pass attempts: 20.0%.

The pattern is intuitive once it's laid out: QB volume stats are game-plan and clock-driven — a team runs roughly the plays it intends to run. RB and WR yardage and touchdowns depend on hitting a handful of explosive plays each week, so they swing far more from a player's own baseline, game to game. Passing-yardage markets are also among the most heavily bet and closely watched props, which tends to keep them tightly priced; rushing yardage depends on a committee backfield's carry split, which can shift week to week based on matchup and game plan in ways a line can't fully anticipate.

03A quieter league, not a lower-scoring one

A natural question going into the under-tilt: was 2025 just a down year for scoring? The data says no — 2025 scored slightly more per team per game than each of the prior three seasons. What actually dropped was raw volume: teams threw the ball less, completed fewer passes, and ran fewer total plays than they had in 2022, 2023, or 2024.

Pass Attempts
per team, per game
39.4
'22
40.2
'23
39.4
'24
38.6
'25
Completions
per team, per game
21.4
'22
21.7
'23
21.4
'24
20.6
'25
Total Plays
per team, per game
66.6
'22
66.9
'23
66.5
'24
65.2
'25
Points
per team, per game
21.9
'22
21.8
'23
22.9
'24
23.0
'25
Regular season, 2022–2025, both teams combined ÷ 2. Bar height scaled within each row to that row's own four-season range — 2025 in blue. 2025: 38.6 pass att/team/gm (vs. 39.4–40.2 in '22–'24) · 20.6 completions (vs. 21.4–21.7) · 65.2 total plays (vs. 66.5–66.9) · 23.0 points (vs. 21.8–22.9, the high of the four).

Passing yardage came down in step with attempts and completions (roughly 225 yards per team per game in 2025 versus 233–236 in the three seasons before it) — so the decline isn't offenses throwing the same number of times more efficiently, it's offenses throwing less overall. Rushing volume held comparatively steady across the same four seasons. Scoring, meanwhile, didn't dip at all — 2025 was the highest-scoring of the four years measured, despite the lighter passing workload.

That gap — fewer plays and fewer completions, same or better scoring — lines up with where the under-tilt was strongest: attempts, completions, and receptions. If prop lines for those markets are still anchored partly to a multi-year historical baseline, a league that's now running a leaner, more efficient offense than its recent past would keep producing unders in those specific markets until the market recalibrates to the new normal. Whether that gap persists, narrows, or snaps back in 2026 is the open question — not one the numbers can answer in advance, but one worth tracking from Week 1 rather than assuming either way.

04What this means going into 2026

The market is largely efficient, and last season wasn't a low-scoring one — it was a lower-volume one. The one real, repeatable pattern here is a directional tilt toward unders in volume markets, plausibly tied to that shift. Worth knowing, not worth automating.

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