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Odds that are steaming have reached a new betting line peak. Odds that move at one sportsbook, and not at any others, are not considered steaming since that change is a decision made by a single bookmaking crew.
As a whistle, some sportsbooks offer an option to receive notifications when lines move. In order to wager on steaming odds, players need to be quick when placing their bets.
Major sportsbooks, which accept heavy volume and large wagers, are usually the source of steam. If they move an NFL line, from -3 to -4 odds, other sportsbooks often do the same.
In this instance, bettors need to quickly search around at other shops to see if -3 odds are still available anywhere.
For that reason, players should have accounts with a few top rated bookmakers. Bettors are reminded that steaming odds do not always indicate which side the sharps are betting on.
Ultimately, the Steelers won the game In this instance, everyone who played Pittsburgh at original odds lost.
Could the steam move on Dallas merely have been a ploy by the sharps to create improved odds on Pittsburgh?
We may never know. But because of this fact of life, some bettors will opt to go in the opposite direction of the steam move.
This strategy is referred to as fading the public bet. This leaves you with two options: mix in enough regular wagers to throw a sportsbook off your scent or ignore the steam completely and go your own way.
Happy betting! Aaron has been featured in publications such as Intelligence Magazine, The Investing News Network, Haven, Tech Bullion, and many local and national publications.
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For the most part, yes. However, there are situations where bettors may end up getting a better price with the opening number or the chance that the line continues to move in the same direction.
This is an area a general knowledge of the sport can help you decipher what the sharps agenda is when a steam move occurs.
Such as what day of the week or what time a line moves. However, the clear and profitable goal of chasing steam is the beat the make by finding an inefficient line and beat the closing odds at the top sportsbooks.
Rather quickly. Many things automated these days, and the sportsbooks are running around the clock operations.
Keeping your eyes on the odds and betting immediately when you see a top bookmaker move the line a key market is what it is going to take in many cases.
The sportsbooks are fast, but there is still time to beat some of them before the market fully adjusts.