sharp sports betting

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п»їWhat Is a Sharp in Sports Betting?
Jonathan Daniel/Getty Images. Pictured: Paddy Fisher, Nate Hall and Ryan Field.
This shouldn’t come as a surprise, but not everyone is equally skilled when it comes to sports betting. Most bettors are somewhere near 50-50 (in other words, below the 52.4% clip needed to make a profit on standard point spread bets, with some lower and some higher).
And some significantly higher.
Now, the term “significantly” needs to be contextualized in that usage. No one is hitting 75% of their plays over time, for example.
But a very skilled bettor might be somewhere around 55%, and some could even approach 60%. Bettors who hold such a win rate over a long period of time are called sharps.
What Is a Sharp?
In sports betting, a sharp is a long-term winning bettor whose opinion is well respected by sportsbooks.
When a sharp bettor places a wager, sportsbooks take notice and might even move their lines as a result. If several sharp bettors come down on the same side of a game, the line will almost certainly change — even if that side is not the popular one.
How Can You Tell What Sharps Are Betting?
There are a few ways to gauge sharp action (what sharps are betting on). Some of the easiest include comparing bet percentages to money percentages as well as line movement, and from locating steam.
Our PRO Report highlights sharp action on specific games, and our Bet Signals at Sports Insights give you detailed market moves in real-time, including steam, reverse line movement and more.
Check out our new NFL PRO Report, where we highlight factors that provide betting edges — like large wagers, historically profitable betting systems, model projections and expert picks — that when combined with sharp money can powerfully detail the smartest bets on a given slate.
Bet vs. Money Discrepancies.
Something to note about sharp bettors: They aren’t in the gambling business for the thrill of the sweat (though perhaps that’s why many started). They are professionals who see sports betting as a serious source of income. As such, they aren’t just putting $25 down on a game they like.
With that in mind, comparing the percentage of tickets (bets) to the percentage of actual money on that side can give a good indication of how sharps are betting.
If only 25% of bets are landing on Northwestern in a game against Michigan, for example, but the Wildcats are also accounting for 55% of the money, there’s a pretty good chance that sharps are among that 25%.
Reverse Line Movement.
Reverse line movement occurs when a betting line moves away from the popular side, and is perhaps the clearest giveaway of sharp action.
To return to the example above, if all you know is that 25% of bets are landing on Northwestern, but you see that Michigan has fallen from -10 to -9 since the line opened, you can pretty safely assume — barring no injuries or other game factors changing — that oddsmakers are looking to take on more Michigan action because their sharper customers are betting Northwestern.
In other words, step back and ask yourself why oddsmakers would move the spread to make it easier for the majority of their customers to win this bet. They likely have either a significant monetary liability or have been influenced by sharp action. And in many cases, one means the other.
Steam Moves.
A steam move is defined by a sudden, drastic and uniform line move across the sports betting marketplace, and is usually the result of multiple sportsbooks taking sharp action on the same bet at the same time.
Steam is not easily trackable without help from a betting service, as it requires either an odds page — with live updating numbers from all across the market — to be open, or a feature like Sports Insights’ Bet Signals, which track and record each occurrence of steam in real time.
Should You Follow Sharp Action?
Since sharps are long-term winning bettors, the simple answer to this question is yes, but what makes the answer not-so-simple is that truly following sharp action is almost impossible.
Because sharp action usually results in line moves, it’s difficult to make the same bets that sharps are making.
Another danger of trying to follow sharp action is that some seemingly sharp moves can wind up being part of a greater “setup” to create a more favorable line for the bet that the sharps actually want to place.
For example, a sharp bettor or sharp syndicate (group) may attempt to cause a steam move by placing bets on a given team, only to come back with even bigger bets on the other side once the line has moved to a more desirable number.


Gambling 101: What are Sharp and Square Bettors?
Sports bettors are usually split into two categories. Often feared by bookmakers, sharp bettors make up the select few who gamble on sports to earn a living. As the vast majority, and favored by sportsbooks, bettors are labelled as squares due to a variety of reasons. Generally speaking, professional bettors tend to cash in on upwards of 55% of their wagers. The percentage dips for recreational players, as they normally win approximately 48% of their total bets.
How Are Sharp Bettors Defined?
Also referred to as “wise guys,” sharp bettors are methodical players who live and breathe sports betting. Sharps wager large amounts but do so via smaller bets at a variety of sportsbooks. In order to fly under the radar, and not draw attention from bookmakers, sharps may have a crew of money runners (beards) who place their wagers. Sharps are proactive and use sophisticated algorithms to forecast betting odds on a variety of contests before sportsbooks post their prices.
Pros tend to bet on opening odds and that action may cause bookmakers to adjust the lines after the initial wagering wave. If a -3.5 NFL point spread favorite is heavily bet, linemakers may move the odds to -4 to create action on the underdog side. Sharps are also known to bet big on one side, in order to move a line, so they can place an even larger wager on the other side. To gain maximum odds value, pro bettors have multiple accounts at several sportsbooks.




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