It’s time to refresh everyone’s memory about what the term “sharp” means in sports betting. Too many media newcomers are muddling the definition because of their own agendas.
Though, the term is commonly used in everyday vernacular to mean “smart,” in this industry it refers more specifically to the professional bettors who “sharpen” the line with their bets.
Sharps hit soft openers as soon as numbers go up on the board. Oddsmakers react quickly to this early informed money.
Sharps then help counteract public exuberance (usually for favorites) by buying back against big line moves late in the process.