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Public Money

sports betting

Public money refers to the total amount of money wagered by the general public on a particular event or outcome. This is often contrasted with 'sharp money,' which comes from professional bettors.

Key Takeaways

  • 1Public money refers to the total amount of money wagered by the general public on a particular event

Public Money

Public money refers to the total amount of money wagered by the general public on a particular event or outcome. This is often contrasted with 'sharp money,' which comes from professional bettors.

Example

The massive amount of public money on the Super Bowl favorite caused the point spread to move by several points.

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