It means sharp bettors have been betting on the Raiders. A phrase like “sharp money is on the Raiders” may come up in a betting preview of a game. That’s why there is plenty of coverage of sharps in sports betting as if they are spreading the divine gospel. If a bettor truly is a sharp bettor, knowing what they bet on is valuable information. Having good reasons to place a bet doesn’t mean the bet will win, but it means that, in the hypothetical long run, that bet would make money. Sharps get a lot of attention in sports betting coverage because if a sharp bettor makes a bet, they think it’s a good bet, and they are usually right. When a sharp makes a bet, the sportsbook will likely take note and adjust a response line. They might be professional bettors, but that doesn’t have to be the case. Sharps are informed, experienced, successful sports bettors. This is the basic appeal to sharps in sports betting.Ī sharp is someone who knows what they are doing in sports betting.
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