Wake and Rake: Sharp Bettors Hitting Rockets-Suns Over/Under on Monday Morning
Russ Isabella-USA TODAY Sports. Pictured: ouston Rockets guard Eric Gordon
- Sharps have already moved on from Super Bowl 53, jumping on an early line for Monday night's Houston Rockets-Phoenix Suns (9 p.m. ET) NBA matchup.
- Using The Action Network's betting data, we analyze how smart money is moving the Rockets-Suns line.
Retirement is hard — just ask Brett Favre, Mötley Crüe and the McRib.
The first edition of Wake and Rake came one year ago, when I decided to do a daily piece analyzing the market each morning, starting the Monday after Super Bowl 52.
The purpose was to show that while most casual bettors focus solely on football, there are still plenty of opportunities to find value in other sports, such as the NBA and college basketball.
And while many are nursing hangovers and recapping their Super Bowl betting bankrolls, sharps have already turned their attention toward Monday’s slate of games, highlighted by an early flood of money on the Rockets-Suns (9 p.m. ET) matchup.
Oddsmakers opened this over/under at 229.5, and early bettors are slightly favoring the over. Fifty-four percent of tickets have played the over, but 84% of real money wagered has actually come in on the under as of writing (see live data here).
Unsurprisingly, sportsbooks have adjusted this total down to 228 to account for the flow of money expecting a lower-scoring game.
Sports Insights’ Bet Signals have also weighed in, triggering a Steam Move on the under shortly after 9 a.m. ET on Monday.
Steam refers to instances of line movement across the entire market all at once and is a sign of professional money hammering the same side of one game.
This tells us that not only is the the majority of overall money hitting the under, but that action is also coming from respected sports bettors.