These are the people who are grinding daily to find the best odds across several sportsbooks, working with runners or partners to get down big money on a particular game and their action changes lines in the market. Aligning with pros is the easiest way for us “squares” to get down on plus-expected value wagers.
This makes figuring out where the sharp money is a vital part of handicapping a sporting event. Most bettors reading this don’t qualify as a “sharp” so the best we can do is to align with the sharp money. The only way that can happen is if the pro is winning their bets at a 55% or higher clip.Īlso see: Sports betting terms and definitions What is ‘sharp’ money? While the public bets for fun, the sharps bet to make a living. Professional bettors are also referred to as “sharps,” “wiseguys” or “pros” and they are the experts of the sports betting world. Below, we’ll discuss what sharp money means and how to trace it. Knowledge is power and being able to decipher between sharp and public money is a powerful skill for any sports bettor.
