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Overnight Grind : Market Makers VS Sharps December 27, 2023

Anthony P
Anthony P
While most of us are sleeping, Market Makers and Sharps are adjusting the markets so that by the time we wake up and are ready to bet, the markets have adjusted in favour of the sportsbook. Let's take a quick look at some games where the sportsbooks had to make some adjustments based on heavy sharp interest.

Market Makers are pivotal figures in sports betting, shaping the market by setting initial lines. They employ a risk management strategy, starting with lower bet limits to assess early betting patterns and then increasing limits as the market adjusts.

The morning sharp report summarizes overnight developments and is a valuable resource for PRO subscribers. Daily updates keep you informed about changes, with the final update around 4-5 pm EST. Any later movements often result from square money before game time.

To bolster your decision-making, use my betting models alongside the sharp report. When sharp money and the models align, it's a strong indicator for making informed bets.

Let's delve into today's showdown between the market makers and the sharps.


RECAP of yesterday's games: Pending Kansas and the over.

In the tumultuous world of sports betting, recent events have caused quite a stir. The Kansas game has been a focal point due to its wildly fluctuating betting line, mirroring the situation with UNLV, which is currently under investigation for unusual line movements in their game against New Mexico.

In NHL action, the Ottawa Senators are seeing a surge in betting interest against the Toronto Maple Leafs. Initially, the Leafs were favored at -175, but the line has since dropped to -157, with a slight rise later in the day. Notably, 79% of the betting handle is currently backing the Senators, indicating a strong shift in bettor sentiment.

The Detroit Red Wings, with a road record of 7-8-1 but an impressive 11-5 record on the puckline, are attracting attention for their ability to keep games close. This has influenced the betting line against the Minnesota Wild, which opened at -144 and dropped to -134, despite only 31% of the handle favoring the Wild.

A key NHL matchup between the St. Louis Blues and the Dallas Stars is also drawing interest. The Blues' 10-5 home record contrasts with the Stars' 10-3-3 road record. Initially, the Stars were favored at -140, but sharp movements in offshore markets pushed the line to -162.

In the NBA, the Philadelphia 76ers' game against Orlando saw a notable line shift from Orlando +1 to -2.5 at DraftKings, influenced by Joel Embiid's expected absence. The Dallas Mavericks opened as -7.5 point favorites against the Cleveland Cavaliers, but this line dropped to -4 amidst ongoing injury concerns and speculation about Luka Dončić's status.

The Toronto Raptors, facing the Washington Wizards, saw their line move from -4.5 to -6.5, with the potential to reach -7, reflecting early betting trends favoring the Raptors despite their inconsistent performance.

In college football, the TaxAct Texas Bowl sees a significant shift with Oklahoma State moving from +4 to -2.5 against the Aggies. The line movement suggests confidence in Oklahoma State's potential to upset based on the Aggies weakened roster.

The game between West Virginia and North Carolina has witnessed a steady line movement from -3 to -6.5, with the possibility of reaching -7, largely due to UNC losing key players, including their quarterback and top wide receiver.

Finally, the Military Bowl has experienced dramatic shifts, with Virginia Tech's line moving from -4.5 to a peak of -10.5. This adjustment was in response to heavy betting on Virginia Tech and significant player absences for Tulane, including their quarterback, wide receiver, tight end, defensive backs, defensive linemen, and the loss of their coach.

Game of the day:

Will be updated on Wednesday morning.

RECAP:

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