Sharp Money

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Sharp money in sports betting refers to bets placed by experienced and knowledgeable bettors, also known as “sharps.” These bettors often use a combination of statistical analysis, betting trends, and other factors to identify value in betting lines and place large wagers on those lines.

When a sharp bettor places a significant wager on a game, it can cause the betting line to move in their favor, indicating a shift in the market’s perception of the game’s outcome. This movement can attract other bettors to follow the sharp bettor’s lead and place their own wagers on the same side, causing further movement in the line.

Sharp money is respected in the sports betting industry because these bettors have a proven track record of success over time. Many sports bettors use sharp money as an indicator of where the market is likely to move, and may follow these bettors’ plays or adjust their own bets accordingly.

It’s important to note that sharp money is not always right, and even experienced bettors can have losing streaks. However, the weight of sharp money can influence the market and impact betting lines, making it an important factor for many bettors to consider when placing their own wagers.

Legal sportsbooks in the US offer a variety of markets for bettors to wager on, including those that attract sharp bettors. To find legal sportsbooks in your state, visit Betting Hero’s sportsbook page here:

Looking for more information about the best sportsbooks offers? Go to our list of the top sportsbook promotions in your state.

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Eamonn KeenanEamonn Keenan
Eamonn Keenan, with a Digital Arts Degree from the University of Tampa, brings over a decade of sports betting experience to his role as Creative Director at Starting with Betting Hero in the Fall of 2020, Eamonn has been deeply involved in the industry, assisting customers with major sportsbook and casino operators like BetMGM, Caesars, DraftKings, and others. A self-proclaimed sports fanatic, he has a keen interest in professional hockey, MMA, NFL, NCAAB, NCAAF, and MLB. Eamonn enjoys researching teams and players to predict game outcomes, highlighting his passion for sports betting.