Betting sports with smart money

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Unfortunately, not all of us are as smart and talented as the pros. If it’s not there, they have no problem laying off. They bet with their heads, not their hearts, and are always looking for value. It’s often said that pros bet numbers, not teams. If the sportsbooks open New England at -7, sharps will immediately bet New England because they’ve identified an actionable edge. Then you’ll compare your lines to what the sportsbooks are offering and look for actionable discrepancies.įor example, a wiseguy might cap the Patriots as 9-point favorites against the Jets. If you’re a true sharp, you are handicapping games based on your own models, formulas and power ratings in order to come up with your own line on a game. But it will win far more often than it loses. Smart money won’t win 100 percent of the time. When they place big wagers and “get down” on a game, they force oddsmakers to take notice and adjust their lines. Why? Because pros win at a high rate, have long track records of success and have the respect of the sportsbooks. You always want to be with the professional bettors, also known as the wiseguys, and never against them. Sports betting is all about being on the same side as the smart money.

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