I try to discuss common myths when it comes to sharp and public sports bettors as often as possible. For example, not every game has a "sharp side." And, in turn, not every game has a "public side."
In addition, professional and recreational bettors don't always have to disagree. There are plenty of situations where sharp and public money is betting the same side of a game.
However, tonight's Boise State-New Mexico matchup (9 p.m. ET, CBS Sports) fits the sharps vs. squares narrative to a T.
Public bettors are overwhelmingly loading up on one side, while wiseguys are consistently buying back value with the other.
Using The Action Network's betting tools, I broke down how sharps and squares are betting this Friday night college football matchup.
Boise State opened as a 21.5-point road favorite and recreational bettors have been jumping all over the Broncos.
According to our college football public betting data, 71% of tickets and 74% of dollars wagered on the spread are laying the points with the road favorites.
Despite such one-sided betting action, the line has dropped to Boise Sate -20. Why? Because professionals have consistently bought back the value with New Mexico each time oddsmakers adjusted to +21.
Sports Insights' Bet Signals — which track and report professional betting action in real-time — have triggered three Reverse Line Moves and two Steam Moves on the Lobos, four of which occurred when the line was +21.
Public bettors like Boise, but wiseguys are grabbing the value of New Mexico +21 every chance they get.
