Betting Statistics
It is very important to continually monitor betting statistics on each day’s games for possible indicators and signals of where the public or sharp money has been wagered.
Betting splits are the difference between the percentage of bets on a specific line, and the percentage of the total money wagered on a specific game. In most games, these percentages will be very similar. However, a large discrepancy can alert you to possible sharp action, resulting in fewer, but much larger bets on one side of the wager.
When a significant amount of public money is on one side of a wager, this could indicate the line has moved from where the oddsmakers believed it should be in order to even out the action. This is what is known as “fading the public.” For much more detailed information, please be sure to complete our sports betting course.
Below are the games with noteworthy public or sharp action for today’s action:
MLB
| Game | Bet | % Money | % Bets | Sharp Action |
| ARI at CWS | CWS ML (+141) | – | – | High |
NCAAF
| Game | Bet | % Money | % Bets | Sharp Action |
| TEM at TLSA | TEM +3.5 (-112) | 68 | 20 | Low |
Betting Signals
Betting signals are indications within the sportsbook industry that can notify average bettors of situations where certain lines have value according to the sharps. There are three main types of signals:
Reverse Line Movement (RLM) – when a line moves away from the side receiving the majority of bets, usually indicating sharp money has come in on the opposite side of the majority of the bets.
Steam – a sudden line movement on a game across most sportsbooks. It is generally the result of a wave of money coming on a single side of a game from a betting syndicate or large sharp bettors, which bettors can sometimes follow to their advantage.
Contrarian – indicates when the public has overvalued a team or wager and there may be value taking the opposite side of that wager.
For more information about these signals and how to use them to your advantage, be sure to complete our sports betting course. Here are the signals for today’s games:
MLB
Steam Signal – MIL Under 8 (-115)
RLM Signal – BOS ML (+116)
Steam Signal – TOR Under 9 (-115)
NCAAF
Steam Signal – Temple +4.5 (-110)
