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#Ufc betting percentages code
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For example, if a game only has $1,000 wagered on it, you can throw out the idea of sharp action. It does provide an early sign, but you’d need to know the total handle bet on the game to properly sniff out sharp action. This is not 100% accurate in signaling sharp action, however. If the result is a negative number, you’ve got larger bets being placed on the other team. If the result is a positive number, you’ve got larger bets being placed on this team. In order to calculate this, just subtract their bet percentage from their money percentage. If we compare the bet percentage and money percentage of the same team (for the same bet type), you’ll know something is up if they are not relatively similar.įor example, if Team A has 78% of the tickets bet against the spread, but only has 50% of the money, we now know the bets being placed on Team A are quite small – or the bets being placed on Team B are quite large.Ī large difference between a team’s bet and money percentages can help signal sharp action. How Can Bet Percentages and Money Percentages Signal Sharp Action?Īs mentioned, ticket percentage does not consider the amount risked on each ticket, and just counts each bet placed. This is a more square way to look at NFL betting trends, since a $1 throw-away bet holds the same weight as a $1,000+ play. To get the bet percentage, you look at all the bets placed (regardless of the amount of money risked on each one), again, sorting first by the type of bet, and then look at the percentage of tickets on each side of the game. Tickets are just a term used for all the bets placed – when you make a bet, a ticket is created.
What Are Bet Percentages?īet percentages are frequently referred to as “% of tickets” or “% of bets”. The money percentage (obviously) tells you which side the money is on, and can give you a better picture of who the sharper bettors are siding with. The money percentage simply pools all the money wagered on any game together, first sorting it by the type of bet (moneyline, against the spread, or over/under), and then breaks down what percentage of the handle is bet on each side. First off, the betting handle is simply the total amount of money wagered on an event, often broken down by bet type. You’ll often hear money percentages referred to as the “% of handle”. To get the biggest bonuses, be sure to check out the latest Caesars Sportsbook promo code prior to kick-off. Using all these financial transactions, we can sew together trends based off the total number of bets placed and total amount of money bet on any given game, whether it be the moneyline, spread, or total. Every single bet they take from a customer is recorded and stored in their system. Online sports betting sites are very good at bookkeeping. Looking for the latest NFL odds? – Get current spreads, totals, and moneyline odds for all upcoming games this week here.
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