public betting percentages?

[crimson23]

Hi - I posted this in the "newbie" forum, but didn't get any responses, so I thought I'd try again here. (sorry for the double post) -- Does anyone have any info as to where the data for public betting percentages comes from? Are the percentages posted by sites like sbrodds and line services like Dons Bests from a single source, or does each site/service compile that information on their own? Do these percentages include data from all books, or just online books? And why do the books have any incentive to share this data in the first place? Sorry if this is a "noob" question, but I'm just trying to get a sense of how accurate these percentages really are.

Thanks.

[FourLengthsClear]

The are nothing more than 'educated' guesses.

Various books do release information but I would be surprised if it approached the truth, the whole truth and nothing but the truth.

[big0mar]

These should not be assumed to be extremely accurate.

[jjgold]

Numbers are estimates only

I would pay no attention to them as far as capping

[k13]

sportsinsights is consistent. covers is ok.

After some experience you should know public %'s as soon as the lines come out.

There are very few surprises. The actual "bets" don't matter, it is the public perception that matters.

[LT Profits]

Directly from Sports Insights:


5. Where do the betting percentages come from?

The betting percentages are real numbers from real sportsbooks. All information comes directly from the participating sportsbooks' respective databases. Sports Insights has agreements in place with these sportsbooks to display betting percentages on individual sporting events to the public. Sports Insights polls the participating sportsbooks’ databases every 1-2 seconds and compiles running averages. These averages are expressed in terms of percentages and are displayed to the public in pie chart form. The "Market Average" betting percentages represent an average taken across the participating sportsbooks. Premium and Premium Pro Members can monitor betting statistics for individual sportsbooks before the data is averaged together.

6. How are these percentages compiled?

The betting percentages are real numbers coming from real sportsbooks. They represent actual bets placed at multiple online sportsbooks. We have been offering this information to the public since 1999. Sports Insights has legal agreements in place with these sportsbook to display to the public the percentage of wagers on the spread, moneyline, parlay/teaser, and O/U, plus the #of bets placed on every sporting event. We poll each participating sportsbook's database every 1-2 seconds. Premium and Premium Pro Members are able to view each individual sportsbook's betting stats in real-time. In addition to original sports betting statistics, innovative Smart Money and Injury Report Alerts, and proven betting systems (Steam Moves, Surebets, Smart Money, Fade the Public), Premium and Premium Pro Members enjoy the sports betting industry's fastest betting odds updates. Basic members are only able to view a "Market Average" which is delayed 20mins. It took well over six months to write software stable enough to process this enormous amount of betting information coming from multiple sportsbooks on multiple continents.

7. Who are your contributing or participating sportsbooks?

5Dimes.com (Costa Rica)
5Dimes.com, is licensed and bonded in the recognized gaming jurisdictions of Costa
SportsInteraction.com (Canada)
SportsInteraction (SIA)is licensed and bonded online sportsbook in Canada
WagerWeb.com (Costa Rica)
Wager Web is a licensed online sportsbook and casino located in Costa Rica.
BetUs.com (Canada + Costa Rica)
BetUs.com, is licensed and bonded in two recognized gaming jurisdictions, Canada and Costa Rica.
Carib (Belize)
Carib Sports, is a licensed online sportsbook in Belize.
Sportsbook.com (Costa Rica)
Sportsbook.com is a licensed online sportsbook and casino in Costa Rica

[trytrytry]

they charge $99 a month to even peek at that correct?

[benjy]

Delayed info from sportsinsights is available at thespread.com amongst other places.

Might also want to take a peek at pregame.com

[rfr3sh]

sbrodds only uses 5dimes
services use a compiled list of sites which they should tell you

[crimson23]

Thanks all - extremely helpful information.

[LT Profits]

they charge $99 a month to even peek at that correct?

If all you want is the percentages and live odds, yes. If you care about steam moves and smart money plays, then 199.

[JR007]

wish we had more info available form the other offshores

[GunShard]

I know a good site that gives good percentages but the problem is that this won't tell you where the public is dumping the most money on.

[benjy]

I know a good site that gives good percentages but the problem is that this won't tell you where the public is dumping the most money on.

Please, do share.

[LT Profits]

I know a good site that gives good percentages but the problem is that this won't tell you where the public is dumping the most money on.

There are no sites available to the public that give you percentage of money bet.

[No coincidences]

I like looking at public % as much as anyone and think it's a useful tool to decide what to bet on, but I wouldn't pay a dime for this information.

[Goat Milk]

check matchbook. percentages can be deceiving