Sports bettors are usually split into two categories. Often feared by bookmakers, sharp bettors make up the select few who gamble on sports to earn a living. As the vast majority, and favored by sportsbooks, bettors are labelled as squares due to a variety of reasons. Generally speaking, professional bettors tend to cash in on upwards of 55% of their wagers. The percentage dips for recreational players, as they normally win approximately 48% of their total bets.
How Are Sharp Bettors Defined?
Also referred to as “wise guys,” sharp bettors are methodical players who live and breathe sports betting.