The herd mentality plagues sports bettors. As humans, most of us are scared to go out on a limb. It is much easier to be wrong in a group than it is to be wrong on your own. In this lesson we look at the herd mentality, wisdom of the crowds, and when it is smart to go against that thinking.It is helpful to watch the video on Gamblers Fallacy to understand more about the psychology of Sports BettingJoin our free discord to learn more about sports betting and get some free picks
More Intermediate lessons

Intermediate7 min
DFS legality state-by-state
This is general information, not legal advice, and it is a snapshot of a fast-moving area. Verified as of September 8, 2026.

Intermediate6 min
Variance — why a 60% bettor still loses 30 in a row
The line "even a 60% bettor loses 30 in a row" gets repeated in every betting community, and taken literally it is not true — not rarely, not…

Intermediate6 min
The 5% bankroll cap — Sharp's non-negotiable rule
Kelly tells you how much to stake given your edge. The 5% cap tells you the most you may stake no matter what Kelly says.
Ready to put it into practice? Start your free trial.
Try Sharp free