Simply put, the public is quite often wrong more times. The ultimate goal is to consider the betting and dollar percentages together in order to locate games that combine the best of both worlds: contrarian-betting against the public and with the house-and also betting on the same side as the sharps, who win at a higher rate than the casual bettor. The NFL consensus public money means a lot to the sportsbooks, but it can also mean a lot to you as well. This is an indication that the large, sharp wagers are potentially coming in on this side. Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and. The goal is to look for low bets + higher dollars-where a team is getting a higher percentage of money despite receiving a smaller percentage of tickets. To locate sharp action, focus on the Money column, while also comparing it to the Bets column next to it. A decent benchmark for public money is 65%
The higher the percentage of tickets, the more public backing that team is receiving. This column represents the percentage of tickets on each side. Next, you take 1 / (Decimal Odds) to get your implied win probability percentage. To find out where the public is, focus on the Bets column on our Live Odds page. First you must convert the American odds to decimal odds.
Using Action Network's public betting percentages, you can find the answer to these question for every game.
When betting on sports, two of the most important factors to consider are:
