For the record, this added wrinkle is not related to the teams» actual travel, but is instead a reflection of
betting market overreaction.
Not exact matches
Betting market: This matchup is shaping up to be one of the largest sharp vs. public disagreements of the weekend with recreational players riding L.A.'s momentum, but professionals selling the
overreaction.
Betting against the public is our cornerstone philosophy, but there are many ways to capitalize on
market overreactions including taking teams on losing streaks, fading winning streaks, and backing the league's least popular teams.
Sharp bettors wait for these
market overreactions and take advantage by
betting against the Pacific Time Zone teams, knowing they only cover the spread at a rate of 29.6 %.
We often advocate a contrarian strategy which not only includes
betting against the public, but also capitalizing on
market overreactions.
Contrarian bettors can easily capitalize one
market overreactions by fading the public, but that's an especially profitable strategy in heavily
bet games with limited involvement from sharp bettors.