Squares — or casual weekend warriors —
overwhelmingly bet favorites and high - scoring teams, which has historically created value on underdogs.
Squares
overwhelmingly bet the favorite, and oddsmakers adjust by shading their lines and forcing casual bettors to take bad numbers when they play the popular side of a game.
Not exact matches
Our past research has indicated that underdogs have been historically undervalued as the
betting public tends to
overwhelmingly prefer
favorites and overs.
For example, sportsbooks know the public
overwhelmingly bets «
favorites» and «overs» and adjusts
betting lines accordingly.
Betting market: The public isn't
overwhelmingly backing New Orleans as massive home
favorites, with the ticket count at 59 - 41 Saints as of Sunday morning.
The public's behavior during the postseason runs in direct contrast to the regular season where bettors tend to
overwhelmingly favor
betting on home teams and
favorites.
We know that the public
overwhelmingly prefers
betting favorites and this matchup provides a prime example of that.
With this influx of public money hitting the market, oddsmakers react by shading their opening lines to the «public side» in anticipation that recreational bettors will
overwhelmingly, and sometimes blindly,
bet the
favorites in most matchups.