Bowl betting myths exposed, secrets revealed. This is must-watch before betting games.
Las Vegas (-6.5, 42)-Rams
🏈Opened: -4, 43
🏈Side: 69% bets, 59% of money on Raiders
🏈OU: 56% of bets, 57% of money on OVER
No betting splits, contrarian bets, line moves, public wagering on the betting market of the NBA. Now to college basketball:
🏀 Biggest bets in terms of percentage of wagers: Michigan, Colorado State, Iowa State
🏀 Biggest bets based on percentage of money: Colorado State
🏀 Largest line moves, opener to current: Iowa -6.5 to -3.5
🏀 Biggest splits. Teams listed have a highest percent of cash compared to bets.
There is a belief that contrarian betting is one of the strongest tools of professional gamblers. The books win more often than lose and fading the public is what many sharps exploit as a weapon. Most contrarian handicapper love to fade based on percentage of bets, believing the squarest intel comes from the smallest wagers. Others believe percentage of money is the most effective tool, because they are rooting for the same bets as the always profitable sportsbooks. The above link shows the most successful professional gamblers have a sliding scale.
The theory is to bet against the public. However, some use the splits and bet on the teams that have a significantly higher percentage of money than bets.
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Most contrarian bettors love to fade the bets in the first category “percentage of bets.” The belief is that the public is almost always wrong (which is why bookmakers make a lot of money) by chasing square theories. Hence betting against them is a winning proposition. Joe Duffy, CEO of OffshoreInsiders.com is widely accepted as the top sports handicapper in the world. He prefers percent of tickets, which weighs $5 bettors the same as $500 and $5,000 a game wagerers saying, “If anything, the small bettor is the ultimate fade.”
While not completely disagreeing, Cy McCormick of the Masterlockline asserts that he prefers betting against the money. “Bookmakers always win long-term, so I want to be rooting for the same side they are,” while pointing out it is the money, not number of bets that will move the line.
Others like corroboration. If the same team is loved by both the handle and volume of bets, that’s “Truly a public play,” according to noted gambler Big Red. Finally, the splits are considered a sharp versus square metric. If majority of bets are on side A, but most of the money is on side B, some gamblers consider this equating to side B betting a sharp versus square bet.
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