Public Money

Public Money

Market Analysis

Definition

The collective bets of the general betting public (mostly casual bettors). Public money often leans towards favorites and overs, and while it can move lines if one side is heavily favored in ticket count, it’s not always as respected as sharp money.

Formula

*N/A*

Example

If 80% of bets (tickets) are on Canelo, that’s a lot of **public money** on the favorite. The sportsbook might adjust Canelo’s odds to entice action on Crawford. However, if sharp bettors disagree, the line might move the other way. Public money is reflected in one-sided bet percentages, like “80% of tickets on Canelo”.