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.
A lot happened at the windows this week — the highlights below. Across 246 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
| Game | Market | Return | Books |
|---|---|---|---|
| WVU at UVA | moneyline | +113.58% | Caesars / FanDuel |
| TEX at TENN | moneyline | +4.96% | DraftKings / FanDuel |
| OHIO at USA | moneyline | +4.67% | DraftKings / bet365 |
| NYY at ARI | moneyline | +4.22% | bet365 / FanDuel |
| MIA at SD | spread | +3.76% | bet365 / BetMGM |
Where the sharp action is
| League | Divergent games | Reverse moves | Steam |
|---|---|---|---|
| MLB | 100% | 100% | 100% |
| NCAAF | 100% | 50% | 100% |
| WNBA | 50% | 25% | 50% |
| NFL | 0% | 0% | 100% |
Fading the crowd
| Ticket share | Games | Cover rate |
|---|---|---|
| 50–60% | 11 | 54.5% |
| 60–70% | 3 | 66.7% |
| 70–80% | 2 | 50% |
| 80%+ | 6 | 50% |
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.