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I was just reading gambling911 and I came across the comment, "So-called "sharp bettors" traditionally bet the money line."

Is that true?

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No.

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If so, why would there be any more value on the moneyline?

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Depending on the bet, sometimes there is more value on the moneyline, sometimes there is more value betting the side. Often times the moneyline and side move in lock step. Sometimes they don't. When they don't, sharp bettors will realize where the value is and make the appropriate bet.