Glossary · Market

Sharp Money

Bets placed by professionals — large, informed, and likely to move the line.

When sharp money hits a market, the price moves toward the side they backed. Tracking line moves to identify where sharps are betting is one of the oldest edge-discovery techniques. The opposite — square money — is recreational, often on favourites and overs.

Steam Move— A sudden, sharp line move across multiple sportsbooks at once.
Square Money— Recreational betting action — typically on favourites, overs, and home teams.
Closing Line Value (CLV)— The difference between the price you took and the market's closing price — the truest test of an edge.