What Public Money means
Public money is betting volume from casual, recreational bettors, typically concentrated heavily on popular favorites, star players, and nationally televised games. Betting media and sportsbooks track public money separately from sharp money specifically because the two often move a line in opposite directions, and the gap between them is a key input into how a sportsbook manages its own risk on a given game.
Key points
- Public money is betting volume from casual, recreational bettors, typically concentrated heavily on popular favorites, star players, and nationally televised games.
- Betting media and sportsbooks track public money separately from sharp money specifically because the two often move a line in opposite directions, and the gap between them is a key input into how a sportsbook manages its own risk on a given game.
Example and context
In practice
Public money is betting volume from casual, recreational bettors, typically concentrated heavily on popular favorites, star players, and nationally televised games.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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