Wake and Rake: Wiseguy Money Focused on One CBB Game Early
C. Morgan Engel-USA TODAY Sports
It’s been another quiet morning across the college basketball betting market, especially considering the number of games on tonight’s slate. In fact, our Bet Signals, which monitor and immediately report sharp action, have only triggered one college basketball indicator at the time of publication.
College hoops expert Wes Reynolds details five games he’s betting on Tuesday.
This provides us with two important pieces of information. First, professional bettors are practicing patience so far this morning. And, more importantly, it shows that wiseguys really like the one matchup they’ve already jumped on, ensuring they immediately locked in value.
Here are the details on what they bet:
Missouri hosts Ole Miss on Tuesday night (9 p.m. ET, ESPN2), and the Tigers opened as a 9.5-point favorite across the market. The majority of bettors are laying the points with Mizzou: 70% of tickets and 84% of dollars wagered on the spread are on the Tigers, yet the line has dropped to -9.
Our Bet Signals already triggered a Reverse Line Move on Mississippi, revealing that sharp money is responsible for the early line movement. Bettors should also notice that Bookmaker.eu, a market-setting sportsbook that accepts high-limit action from professional bettors, was the only major offshore sportsbook to move to Mississippi +8.5.
This tells us that while it’s still early, Bookmaker.eu was already heavy enough with Mississippi action to offer the best price on Missouri (-8.5) in order to offset risk and balance their books. While Bookmaker bumped back up to -9 around 8:45 a.m. ET, don’t be surprised to see more Mississippi money show up as limits increase throughout the day.
Top Photo: Missouri Tigers head coach Cuonzo Martin
Credit: C. Morgan Engel-USA TODAY Sports