Public money vs Sharp money

I've never really understood this.  How often are the public and sharps on the same side?  How often are the sharps wrong?  Does sharp money always move the line?  

Thanks in advance.

You’re asking nothing but the public here & they don’t think they are the public 

I can’t wait to read these answers hahaha

this thread has potential 

Sharps vs. Public Bettors: 

Sharps are professional or highly skilled bettors. They are known to bet only when they identify mispriced lines.

Public bettors (also called “square” money) tend to bet based on emotions, narratives, recent trends, or loyalty to popular teams.

Since sharps are respected for having a higher predictive accuracy, sportsbooks pay more attention to their bets.

Line Sensitivity: Betting Amount vs. Timing

A sharp bettor often places a bet early when the lines first open (when the sportsbook is most vulnerable). Their bets provide key signals to sportsbooks about potential line inefficiencies.

Public money floods in closer to game time, often backing popular favorites. While public bets can be large in volume, sportsbooks already account for the public’s tendencies when setting the lines and don’t adjust heavily based on this.

 
Risk Management by Sportsbooks

When sportsbooks see sharp money come in, it signals that they may have made a mistake in their opening lines. Moving the line helps balance liability and reduce risk.

Public money, on the other hand, is less of a concern. Even if the public overwhelmingly bets one side, books are comfortable holding the risk because they know sharps are often on the other side.

I’m day drinking 

whoever has the coolest jerseys look sharp that is sharp betting, I prefer flipping a coin 

@UGACLP1995

That works for me most nights 

& Copious amount of alcohol

EXACTLY

@Super_Chicken

 While I do consider myself a very sharp - loser…. I do know a couple of strategies “sharps” or syndicates use. They will place bets on certain games to get the line to where they want it, and then they will pound the other side at the manipulated line they created. This is considered sharp move. For example - If the line is minus 3.5, they will have runners bet the favorite continuously until they get a 3 or 2.5 and then they will instruct their runners to heavily bet the favorite at the new line. No idea if this works but I read that’s what Billy Walters among others does.  I forgot your question so I hope my answer somewhat answered it .  

@LVTruck

 I’m a sharp. A Sharp at losing lots of money that is. Follow me at “Are you losing your shirt yet?” And prepare your bankruptcy papers ahead of time.

Having said that- I have read Billy Walters, among many professional gamblers, will bet on one team to get a line where they want it, and will then instruct their runners to bet the other team at the new manipulated line they created. For example- say Ohio state is minus 4 or 3.5 favorites. He and/or his syndicate will bet the other team until they get the line  to 3 or 2.5. (Note this strategy works better for under the radar games).

Once they get the line they want Walters or the syndicate will bet heavy on Ohio State at the new manipulated line.  No idea how well this works but it’s just an example of one strategy the “sharps” use. 

I forgot your question so hopefully maybe this helped.  

@Super_Chicken

 I'm public, but I'm sharp. 

Wahoo i have been saying this for years. 45 years gambling and i still havent been able to find this mystery group called the public, since every bettor doesnt believe they are the public.  I always tell people, if you really want to know who the public is betting, just go take a look in the mirror and  ask them,lolllllll.  Every where you go on the net, all you hear is public this and sharp that. Its comical and am sure the books get a huge kick out of that