One of the most overlooked aspects of successful sports betting among casual fans is monitoring the lines. While the professional handicappers will spend hours on end tracking line moves, the casual sports bettor is more likely to completely ignore what happens in the week leading up to an event and bet blindly on the number available to them on a given date. That is one of many reasons why the professionals will usually have an edge when it comes to making a significant profit but you can make sure that doesn’t happen to you. Here is a look at what line moves can tell us and how sports bettors can use it to their advantage.
It’s extremely important to remember that once the lines are released the sportsbooks will pay close attention to the amount of money that is placed on every single event. There is a good chance they will adjust the lines based on where the majority of the money is and there is an edge to be gained by the public by keeping a close eye on the movement. As a general rule, it’s important to remember that if you like the number on a favorite against the spread, betting it early is recommended due to the fact that most bettors prefer favorites so the line is likely to move on that side after it is released. However, anybody that wants to bet on the underdogs should sit tight depending on what the number is with an understanding that a large amount of public money could shift the line the other way and give you a better spread.
Understanding Public Money vs. Smart Money
One of the most important things to keep an eye out for is the impact that public money will have on a line in comparison with smart money. The majority of the time, if the line is moving in one direction at a steady pace then it is usually because a good amount of public money is moving that line. However, if there is a sharp jump in a short period of time then that is likely the result of a large amount of smart money being wagered on one side and causing a significant movement. There is a major difference between public money and smart money and it’s important to understand it in order to make sure that you are on the right side.
The professional handicappers will keep a close eye on line movements in order to make sure that they are always on the right side of a wager. It’s extremely important to do the same in order to benefit from that same edge. Timing is definitely important but make sure you pay close attention to the line shifts in order to have a good idea of where the public money is headed and where the smart money is. There isn’t any one single way to guarantee yourself a substantial profit in a short amount of time but by paying close attention to the details in terms of the line you can definitely gain a significant edge.