Hedging
Definition
Placing a bet on the opposite side of a previous bet to guarantee profit or minimize losses, often used with futures or parlays.
Example
You bet Chiefs to win the Super Bowl at +1500. Hedge with the opponent in the final game.
Related terms
Sharp
A sophisticated bettor or betting syndicate known for winning consistently. Sharps move lines and are tracked closely by bookmakers.
Square / Public
Casual bettors who tend to bet with emotion, on favorites, and on popular teams. Their betting patterns are often predictable.
Steam Move
Rapid, significant line movement caused by heavy sharp action across multiple sportsbooks simultaneously. Often indicates strong conviction from professional bettors.
Reverse Line Movement (RLM)
When the line moves in the opposite direction of the majority of bets. This typically indicates sharp money on the less popular side.
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