Sharp Bettor is a menace to your online betting business. Bookmakers must smarten up and find a way on how to handle sharp bettors on your sheet. Knowing how good a sharp bettor is on your pay per head sportsbook will save a lot of cash. It is important that your pay per head services inform you of the presence of sharp bettors in your package.
The job that sharp bettors do allows them to grasp what really matters, and what the road to earning money really is. They also know what is wrong in betting. Here are three things that sharp bettors know that ordinary bettors usually don’t.
Sharp Bettor: The Final Score Almost Never Matters
The final score of the game does not really matter. That’s in the past and it doesn’t matter. The sharp bettors are more attentive on the reason only how the outcome happened. Did the victor become victorious because their running game was powerful? Was it the loser’s secondary that made them lose, or is the defensive line slacking? What effect do turnovers have? Were the turnover issues an isolated thing, or has it been a problem for the team the whole season? Was there an injury that was a big factor? Was the offense efficient, or were the points scored by the defense and special teams? Was the kicking game on point, or did it become the team’s downfall?
Questions could go on and on, but you get the point. The score by itself won’t give you all the details – two teams can arrive at a 27-14 score through millions of possibilities . What is important is the factors that went into getting that result. It is also important those information can tell you about what could happen in the future. Sharp bettors will look at those details. Casual bettors will see a team winning 2 consecutive games, and will assume that they will win a third game. They do this without knowing the factors that made them win or if it can be done against their opponents.
Parlays and teasers are not Advisable
There are very particular situations where sharp bettors will use parlays, but for the most part they are not interested in these bets – especially when the parlays include the point spread and not the moneyline. The reason for this is clear – the money returned on a parlay is less than the risk you are going to make in the parlay, so over the long run there is a negative likelihood to the bets. Which means, if you play them long enough you are going to lose money from them.
Example, you are parlaying three teams. For each game there are two possible results – you are either right or wrong. For all three games, then, there are a total of eight various possible outcomes: you can be correct in all three, you can be wrong in all three, You can be correct in the first, and wrong in the next two, and so on. Among the eight combinations, only the one about being right in all three games will result in a winning parlay bet. Which means that in order to experience no loss over the long term you would need the bet to pay 7/1.
The dilemma is that three team parlays pay 6.5/1 or less. That means that you are going to lose money over the long run. Sharp bettors are too sharp that they don’t like to do that. Negative expectation games make casinos earn a lot of money, but you don’t have to give your money to the casino – not when there are better bets that will offer you a much more acceptable chance of profit. There’s a very good reason why sportsbooks offer parlays and teasers so hard – they are licenses to print money for them.
It’s all about value
Casual bettors are interested about who they think is going to win the game. Their choices on their bets are based on who is the better team. Sharp bettors don’t care about that. What they care about is what the line is, how that contrasts to their view of the game. nd if there is a difference between the line and that expectation. In other words, what they look out for is value. If you can buy a gold coin for $500 and the coin is also worth $500 then there is no reason for you to purchase the coin unless you don’t care about making profit. If you can buy the coin for $400, though, it is a win for you. That’s because there is value there – the price you are paying doesn’t exactly mirror what you fairly expect to get out the investment.
Over the long term you are hopeful you will make money. That’s value. Sharps adore that. In sports betting terms, if they think that a team’s winning chance is at 45%, but the moneyline on that team is +150 then a sharp would be into that bet because over the long term they will earn a lot of cash. Ordinary bettors would tend to focus on the other team because their chances of winning is better.
At Sports per Head, bookmakers receive notification if sharp bettor is detected in their ranks. Visit our site at www.sportsperhead.com to learn more of this occurrence or call us at (888) 684-9666.