Yes. I will address this at some point. In the particular game I'm talking about, I mentioned that the Sox were a good bet, but that I didn't have the stomach to lay that much chalk. The Red Sox won handily.
This topic should actually be covered in Sports Gambling 101. FIND REDUCED JUICE. If you're seeing splits like -110/-110, you're probably going to have a tough time showing a profit. One of the most important aspects of showing a profit betting on sports is posting up at a shop that spreads lines that look like -104/-104, or -- ideally -- at a place like
Matchbook, where I pay a 1% commission on winning baseball wagers (2% on other sports), and nothing else. Worst case scenario, for bases, I'm looking at -102/-102. At that point, I am ONLY losing money if the true price is even-money, or -101/+101 either way. All things considered, with juice this low, there are very, very few spots where I'm going to be any worse than break-even in the long run.
It is significantly, significantly more likely that I have positive equity than negative, which is a recipe for longterm success and profitability.
Well, I'm glad you asked. There are a handful of ways to tell where the public is.
1)
Wagerline.
The ultimate. Consensus data for all sports. Wagerline retards tend to blindly bet overs/favorites (or unders/favorites in baseball), but the information isn't provided by any individual sports book, which makes it significantly more trustworthy in my opinion.
2)
Vegas Insider.Consensus data, powered by sportsbook.com.
3)
The forums at Covers.Sports bettors go here to post their action and discuss sports betting. They are all idiots. It's easy to see which teams are popular by reading the forums and fading the s
hit out of them.
Voila! You have your basic picture of the public's specific, game-by-game likes and dislikes.
Saw this now.... I have been using Wagerline.... but i cant find the stats on vegasinsider.