Deciphering Sports Betting Terms: Early Money

In the dynamic world of sports betting, understanding the jargon is essential to navigate and make informed decisions. One such phrase is "Early Money", which refers to bets placed on a team as soon as the lines become available.

In sports betting, "Early Money" represents the wagers placed on a team immediately after the betting lines are released. Typically, these early bets are made by experienced bettors, often referred to as "Sharps", who believe they can exploit the initial lines before adjusting to the betting activity.

The origin of the term "Early Money" can be traced back to the timing of these bets - they're made early, soon after the betting lines open. The term signifies the early influence of sure bets on the odds.

"Early Money" intersects with terms such as "Steam", which refers to significant shifts in betting lines caused by heavy betting action, often initiated by these early wagers. It also relates to the "Line Movement", the changing of odds from their initial values, frequently influenced by the 'Early Money'.

Example 1

The host might say during a sports betting podcast, "Keep an eye on the early money. It often signals how experienced bettors are interpreting the game."

Example 2

In a sports betting guide, an author might write, "Understanding the concept of early money and its influence on line movements can help you make more informed betting decisions."

Example 3

A seasoned bettor might say, "I placed some early money on the underdog as soon as the lines were released. I believe the bookmakers underestimated their chances."