Definition
The share of bets (tickets) versus the share of dollars (handle) on each side of a market. A side with far more money than tickets points to larger, sharper bets; the reverse points to small public money.
Related terms
- Sharp vs Square Money — Sharp money is from winning professionals; square (public) money is casual. Lines moving against the public usually signal sharp action.
- Reverse Line Movement (RLM) — When the line moves opposite to the public ticket count — a classic signal that sharp money is on the unpopular side.