Overnight Grind : Market Makers VS Sharps September 24 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 games are still in progress however the Pirates blew the lead, the Orioles and Phillies are smashing and the Rangers are ahead 2-1. Looks like a good night eh?
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.
For Saturday we will focus on the games with the highest amount of bets in which we saw the biggest moves. There is so much to go thru on a Saturday, it's crazy.
Duke opened a 9 pts dog on the 18th and the handle never went over 40% for them. On the 20th sharps hit the +9 and the book adjusted the line to +7.5 and finally dropped it to +7. It's now sitting on a key number and the handle is still in favor of Kansas. The big money is on Duke.
Money on Baylor came in strong earlier in the week but it's been all Iowa State since then. I won't highlight the game for recap purposes but this game got slammed on both sides. Iowa St backers forced the book to move the line from a pickem to -1,-2, -2.5, and -3. Once it hit -3, the book was forced to move the line the other way, moving from the key 3 number to -2.5 and now -2.
Sharps had a pretty good laugh when they saw Notre Dame open as a 2.5 favorite in North Carolina. 20 minutes in the open market the book dropped the line to -1 and closed at a pickem. Sharps were patient all day on the 19th since the max bet limits were still low and once opened halfway on the 20th the handle jumped from 55% on North Carolina to 86% giving no choice to the book to move the line at -1, -1.5 and finally -2.5 this afternoon.
The book is happy with Texas at -7 now. 75% of the handle is on them and they received enough interest on Texas Tech at +7.5 and +7. We haven't seen any sharps on Texas at -7.5 or -7 but they were all over them at -4, -5, -5.5, and -6.
If you like TCU take them now!! They should be moving to -3 overnight!! They were a 1.5 underdog 4 days ago and sharps slapped this line all the way to -1 and stopped. However, the book is looking for desperate money on SMU and continued pushing the line up to -2.5. It looks like they will have to move it to -3 if they want more money on SMU. TCU is playing Oklahoma next week and I'd take a shot on SMU if I can get +3at home.
Good luck today
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