Overnight Grind : Market Makers VS Sharps October 12, 2022
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 sportsbooks that are the first to post a line and set the market. They will control risk by lowering their bet limits when posting a spread or Moneyline before everyone else. Once the market adjusted, they max their bet limits. Talbot has been hot and won his last 8 starts but don't discount Jarry he's been solid this year.
RECAP: The over in Orlando was hit at 211 and it closed between 213 and 214.5 depending on the book. The score was 214. Sharps also cashed on the over in Atlanta.
We look for sharps to be much more active in MLB now that the NHL and NBA seasons are over however this is not the sport that sharps are the most excited about since market makers tend to have very low max limits early on most of the games due to many variables in MLB. Weather is one of them and probably the most important.
For VIPs, your best start would be to look at the morning sharp report, which will give you an excellent summary of what happened overnight. In the afternoon, the sharp report updates and games might be added or removed based on what happened in the morning. The last update is around 4-5 pm EST and not much movement is expected after that. If there is movement, it will usually be square money loading up on games before they start.
Another tool that can be used with the sharp report is the MLB model on our website. Comparing the sharp money with our projection can help you make your own picks if both the model and sharp agree.The format of this article will be changed once we will have multiple sports running every day and the focus will go back to looking at lines that moved the most overnight.
We have a lot to cover today and the best way to start the day is by taking a look at the sharp report.
The lines in the NHL will be a little all over the place to start the season. There is not a ton of money wagered in hockey compared to other sports therefore books then to be careful in pricing the games, keeping max bet limits lower for longer times, and moving the lines quickly.
Also, the gaps can be massive from book to book therefore shop around. For example, we have Colorado at -385 at Betonline and -450 at Fanduel. That is a huge gap. I will leave the line movement away today and will let 2-3 days normalize the markets because from what I am seeing out there I can't make sense of a lot of things.
In baseball, the Braves will try and tie the series 1-1 after a shocker yesterday. The line is moving up for Atlanta even if the handle is coming the other way. Opened at -123 it's now at -135 and some books are posting -150. This is a VIP play for us.
In CFB, you guys saw the Sharp Report right? Sharp money is on Marshall and that created a liability for the book and they need Louisiana. Consensus sportsbook was aggressive opening Marshal at -7 while market maker Betonline opened at -8. Basically, the -7 -8 and -9 were steamed with sharp money. The book kept on receiving money at -9.5, -10 on Marshall however that was public money. At +10.5 we are seeing some buyback on Louisiana
NBA to follow this afternoon.....
Good luck today
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