Overnight Grind : Market Makers VS Sharps January 24, 2024

4 months ago

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: Last night's game was crazy. The Nuggets were down at the half just to have a huge 3rd quarter and then crash in the 4th. The Joker saved all the Nuggets backer with that incredible 3 with 5 sec left.

Tonight's NHL lineup features seven games, with five boasting odds of -200 or higher, creating an intriguing scenario for Daily Fantasy Sports (DFS) GPPs, though it may present less appeal for traditional betting. The standout matches in Toronto and Boston remain relatively stable in odds, offering solid engagement for hockey fans.

According to the latest sharp report, there's significant interest in the Canucks, with over four sharps betting on them. The odds have shown minimal fluctuation, likely due to the anticipation around Vancouver's goaltending decision for tonight's game. The most favorable odds are currently available at DraftKings at -218, while other sportsbooks have adjusted to -235.

Switching to the NBA, today's games promise a mix of intrigue and strategic play. For detailed insights, including value picks and player availability, refer to the accompanying NBA model article.

In one of the more notable matchups, the Memphis Grizzlies, grappling with numerous absentees, face the Miami Heat, who are without Lowry and possibly Jaquez. The Heat's opening line of -11.5 has narrowed to -9.5, despite 60% of bets favoring them against the weakened Grizzlies squad.

The Cleveland Cavaliers, on a hot streak with four consecutive demolitions, face challenges with Garland and Mobley out, and LeVert's participation uncertain. The Milwaukee Bucks, expecting Giannis Antetokounmpo to play (tagged as probable), saw their line rise from -5.5 to -6.5.

College basketball offers a packed schedule tonight, with the Auburn-Alabama showdown taking center stage, anticipated to be both close and high-scoring. The total has adjusted from 164.5 to 161.5, and Alabama's odds have shifted from -2 to -3.5 at Betonline.

In Washington, Colorado's favorability is on the rise, with the line reaching -3, a significant increase from its opening. Conversely, in Washington state, the line has flipped in favor of the home team, moving from Utah -1 to Washington State -1.5, with 70% of the handle backing Washington State despite Utah's 21st ranking.

Two major shifts occurred this morning in college basketball betting lines. Both Virginia and Mississippi State saw their lines move from -3.5 to -6, backed by substantial handle. While the movement on Mississippi State seems justified, the shift for Virginia may not be as convincing.