Overnight Grind : Market Makers VS Sharps November 17, 2023
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 is a valuable resource for PRO subscribers, summarizing overnight developments. Updates throughout the day 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 both sharp money and the models align, it's a strong indicator for making informed bets.
Now, let's delve into today's showdown between the market makers and the sharps.RECAP of yesterday's games: The sharps were wrong yesterday and I was right! The total in Miami went way over while the sharps liked the under. In today's sports betting landscape, the movements in betting lines across various sports are offering intriguing insights for bettors. Let's delve into these shifts and what they might indicate for those looking to place informed wagers. NHL Betting Trends: In the NHL, the Florida Panthers are drawing significant attention. Despite playing back-to-back nights, their odds have seen a considerable shift, opening at -140 and moving sharply to -175 at BetOnline. This movement suggests a strong belief in the Panthers' capabilities, despite the potential fatigue factor. Interestingly, no other NHL games are witnessing notable line movements, indicating a relatively stable betting environment in the league for the day. NBA Developments: The NBA returns with its usual array of games and the accompanying challenge of keeping up with injury news. Two games, in particular, are showing noteworthy line movements. The Denver Nuggets have moved from -3.5 to -5.5, hinting at growing confidence in their matchup. Meanwhile, the LA Clippers, in their quest for a first win with James Harden, have seen their line shift from -6 to -8. Surprisingly, despite these shifts in point spreads, game totals have remained relatively unchanged, suggesting a consensus on expected overall scoring. College Football Insights: In college football, Colorado is attracting smart money, with the line moving from +6.5 to +4.5 against Washington State, which still commands around 70% of the handle. This shift indicates a growing belief among sharp bettors in Colorado's potential to outperform expectations. College Basketball (CBB) Line Movements: The college basketball scene is bustling with activity. As of 10 am EST, the top four wagered games involve UMBC, St. Louis, LSU, and Georgia, with the latter three playing on neutral sites. UMBC's game has seen a dramatic swing, with the line moving 5.5 points, turning Sacred Heart from an underdog to a -2 point favorite, backed by 75% of the handle. Vermont is also receiving considerable betting love, with their line moving from -1 to -4.5. In contrast, LSU and Miami Florida, both favorites in their matchups, are experiencing stable lines, indicating a consensus on their odds.
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