Chasing the steam and Fading the public

[randomuser]

Hi, do you think these two strategies still works today? What is your opinion about it?

[Vyasports]

How do you know what the gambling public betting on?

[pologq]

no because you do not know if the steam is legit

[Headsterx]

Ok, you got me, what is "chasing the steam"?

[johnnyvegas13]

Fading public still works

chasing late steam that the public creates is kinda the opposite tho

[pologq]

chasing steam is hard cause by the time you see the steam you are already too late. the line has moved price wise or spread wise as a reaction and you are seeing the after effects. the question becomes if the new line adjustment is worth a bet.