The wire / Market report

Market reportSeptember 16, 2026

Market report: 5 arbitrage windows and where the sharp money went

Book-to-book price gaps, which leagues the sharp money actually shows up in, and whether backing the crowd covered.

Line movement told a clear story this week. Across 205 games on the board, 5 markets are currently priced far enough apart between books to lock a return, and the cheapest hold available averages out well under what a single-book bettor pays.

Open arbitrage

GameMarketReturnBooks
WVU at UVAmoneyline+104.73%Caesars / Fanatics
ASU at KUmoneyline+38.25%Fanatics / Caesars
OHIO at USAmoneyline+5.20%DraftKings / Fanatics
BOS at TEXmoneyline+2.86%bet365 / DraftKings
TEM at TOLmoneyline+1.57%Caesars / Fanatics

Where the sharp action is

LeagueDivergent gamesReverse movesSteam
WNBA100%undefined%undefined%
NFL100%0%100%
MLB60%55.6%73.3%
NCAAF28.6%60%0%

Fading the crowd

Ticket shareGamesCover rate
50–60%580%
60–70%1100%
70–80%00%
80%+560%

Cover rate is measured on the side holding the ticket majority. A number within a point or so of 50% is noise; it takes a persistent gap across thousands of games before "fade the public" is a strategy rather than a slogan.

Assembled by the rule-based generator from a snapshot of the board. Prices move; the figures above are what the market showed when this was written.