The Sharpest Sportsbooks for US Players 2024 – Sharp Sports Betting Guide
The sharpest sportsbooks offer professional or high-rolling bettors the opportunity to profit from sports betting. While most sportsbooks prefer recreational players who place low wagers and don’t often win, sharp sportsbooks lean the other way, encourage high bets, offer low fees and feature the quickest lines.
In this guide, we take you through our top picks for the five sharpest sportsbooks by ranking and reviewing them. We also show you how to sign up at one of these betting sites and spot the sharpest odds. So, read on to learn more about these sportsbooks and how to boost your profits.
- All
Up To $1000 Paid Back If First Bet Loses
Up To $1000 Paid Back If First Bet Loses
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Bet $5, Get $150
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- Second Biggest Sportsbook in US
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Up To $150 in Bonuses When You Deposit Min. $5
Up To $150 in Bonuses When You Deposit Min. $5
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Up To $500 Second Chance Bet
Up To $500 Second Chance Bet
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5 x 2nd Chance Bets Up To $250
5 x 2nd Chance Bets Up To $250
- Many Unique Bets
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Sharpest Sportsbooks List
While US bettors have several of the sharpest sportsbooks to enjoy, only some offer high limits, low fees and accept pro bettors – the shrewd ones who ask themselves ‘where is the sharp money going?’
So, to help you find the ones that do, our experts did some research and found the five sharpest sportsbook sites, which you will find listed below.
- BetMGM – The Sharpest Sportsbook with Diverse Promotions
- DraftKings – A Leading Sharp Sports Betting Site for Competitive Odds
- FanDuel – The Top Sharp Sportsbook for Prop Betting Lines
- BetRivers – One of the Top Sharp Sportsbooks for Live Betting
- PointsBet – A Sharp Betting Site with the Lowest Minimum Deposits
Reviews of the Sharpest Sportsbooks
We have made it simpler for you to find the sharpest sportsbook for your needs by reviewing each one in detail. Below, you’ll find more information on each sportsbook, its features and how it compares to the others on our list.
1. BetMGM – The Sharpest Sportsbook with Diverse Promotions
Sportsbook facts:
- Website: Visit BetMGM
- Established: 2018
- Active States: AZ, CO, DC, IL, IN, IA, KA, LA, MD, MI, MS, NJ, NV, NY, PA, TN, VA, WV, OH, and WY
- Headquarters: Jersey City, New Jersey, USA
BetMGM launched on July 30, 2018, as a result of a joint venture deal struck between Entain Holdings and MGM Resorts International. In the years that followed, BetMGM expanded, becoming one of the sharpest sportsbooks in the US, and now operates across over 20 states.
As one of the top sharp sportsbooks on our list, BetMGM makes its mark by offering a diverse selection of sports and betting markets, including props, moneylines, parlays, totals, spreads, and futures. Additionally, it is renowned for its competitive odds that align with those offered by DraftKings.
Further, this sportsbook also offers unique features, including the option to “Edit Your Bet,” which enables bettors to edit wagers already placed, provided they meet several requirements.
Odds and Markets at BetMGM (4/5)
As one of the sharpest sportsbooks on our list, BetMGM doesn’t fail to provide when it comes to markets. Competing with the likes of DraftKings, a far more established sportsbook, BetMGM offers excellent odds. However, bettors will find a little more juice added to exotic betting lines. But, the site more than makes up for this by offering various odds boosts, including on single-game parlays. In most cases, the odds boosts offered by BetMGM enhance the original odds by 20-25%.
Besides offering all the usual betting markets, like spreads, totals, moneylines, and props, BetMGM features unique one-game parlays that allow bettors to construct a parlay on several aspects of a single match.
Finally, the sportsbook covers diverse sports markets, including the NFL, MLB, NBA, NHL, rugby, cricket, and tennis. Additionally, it ranks as one of the best UFC betting sites in the US.
Payment Methods (4/5)
Depositing funds at BetMGM is straightforward on account that the sportsbook offers a selection of methods, including Visa, MasterCard, Echeck, online transfer, PayNearMe, Play+, and eWallets like PayPal and Skrill. However, despite not accepting cryptocurrency payments, it features more transaction options than DraftKings.
BetMGM keeps its minimum deposits to a low of $10 for all methods, with a slightly higher minimum withdrawal of $20. Further, this top sharp sportsbook does not apply transaction fees, but most withdrawals take between one to five business days to process.
Customer Support (5/5)
When it comes to customer service, BetMGM provides responsive and friendly assistance. Firstly, bettors can find answers to more common questions by browsing the “Help” section. However, those needing help with more personalized queries can contact the live chat team, which operates 24/7. Further, this chat option stands out against competitors like BetRivers, who only offer customer assistance during office hours.
Finally, BetMGM also provides an email contact line, which provides prompt responses that bettors can expect within two business days.
Bonuses and Free Bets (3.8/5)
BetMGM ensures bettors, new and existing, can place high-stakes bets without tapping too much into their own funds by offering several exciting bonuses and rewards. Bettors visiting the “promotions” page on the website can unlock Risk-Free prop bets and Parlay Profit Boosts on several sports. Further, throughout the year, BetMGM offers Bet Insurance, which works similarly to a risk-free bet. However, this usually only applies to a specific league.
Lastly, bettors creating a BetMGM account can sign up for the BetMGM rewards program that allows bettors, especially sharps, to gain points that can be exchanged for rewards.
Pros:
- Excellent odds
- One-game parlays
- Speedy withdrawals
- Max payout for any single bet is $1 million
- 24/7 Customer service
Cons:
- No crypto accepted
- Low max withdrawal of $25000 USD
2. DraftKings – A Leading Sharp Sports Betting Site for Competitive Odds
Sportsbook facts:
- Website: Visit DraftKings
- Established: 2012
- Active States: AZ, CO, CT, IL, IN, IA, KA, KY, LA, MI, NH, NJ, NY, OR, PA, TN, VA, WV, and WY.
- Headquarters: Boston, Massachusetts, USA
Three former Vistaprint employees, Jason Robins, Matthew Kalish, and Paul Liberman, launched DraftKings in Massachusetts in 2012. Although the sportsbook started off small, offering a one-on-one baseball competition, DraftKings has expanded to become one of the leading Daily Fantasy Sports Betting and traditional sports betting sites across the US.
Unquestionably one of the sharpest sportsbooks, DraftKings stands out for its competitive odds with low margins. Further, the sportsbook provides skilled bettors with a selection of betting lines and covers a diverse assortment of sports, ranking it as one of the best sportsbooks in the US.
While DraftKings comes out tops for its odds, it pales in comparison to other sportsbooks like BetMGM and Fanduel for its selection of payment options, which we feel it could expand.
Odds and Markets at DraftKings (3.9/5)
DraftKings ranks as a top sharp sportsbook thanks to its highly competitive and often unbeatable odds. Since it has low margins, sharps favor this sportsbook and take advantage of the wide assortment of betting lines available. Besides moneylines, the sportsbook covers props, futures, totals, spreads, game props, and even alternative point spreads. Additionally, bettors can find unique lines, exotic bets, and same-game parlays.
While DraftKings may not release its lines early, the sportsbook does cover a variety of sports, from baseball and soccer to rugby, hockey, and football. Additionally, it ranks as one of the best NBA betting sites.
Payment Methods (3/5)
DraftKings offers several ways for bettors to fund their accounts, although these tend to vary from state to state. Further, the sportsbook provides far more extensive payment options under its DFS section than it does for the sportsbook. As a result, bettors can use methods like Visa, MasterCard, Discover, PayPal, and electronic gift cards when making deposits. However, DraftKings offers far more options regarding withdrawals, including online banking, checks, and wire transfers. Further, DraftKings may take up to five business days to process payouts which the sportsbook limits at $100k. However, the sportsbook has no maximum deposit limit.
Customer Support – Rating 3.9/5
When it comes to customer service, this top sharp sportsbook offers two options. Firstly, bettors can contact the sportsbook’s service team using the live chat option that functions 24/7. Alternatively, bettors can send an email to [email protected], although, this method may take a few days to garner a response. However, the response is far quicker than that at say BetRivers.
Bonuses and Free Bets (3.5/5)
Unlike most sportsbooks, DraftKings typically offers rewards and bonuses that are state-specific. However, the sportsbook does provide several sports-related promotions, too, including a range of top free bets and odds boosters. But, the diversity and selection of bonuses bettors can find are somewhat limited compared to BetMGM or FanDuel. Lastly, DraftKings offers a unique rewards program called Dynasty that allows bettors to earn points and access bonuses on each new tier they reach.
Pros:
- Odds with low margins
- Lightning-fast withdrawals
- Excellent live-chat service
- No deposit cap
- Diverse betting lines
Cons:
- Limited deposit methods
- Fewer ongoing promotions
3. FanDuel – The Top Sharp Sportsbook for Prop Betting Lines
Sportsbook facts:
- Website: Visit FanDuel
- Established: July, 2009
- Active States: CO, IL, IA, IN, TN, VA, MI, AZ, CT, NY, LA, WY, KS, WV, OH, NJ, and MD
- Headquarters: New York City, New York, USA
Originally founded in Edinburgh, Scotland, in 2009 as a Daily Fantasy Sports betting site, FanDuel would expand into the US as a DFS and traditional sports betting provider following the 2018 repeal of PASPA. Following this, FanDuel has grown and now offers legal sports betting in over 15 US states.
Sharp bettors exploring FanDuel will discover the sportsbook covers a wide variety of sports markets, from the NCAA, NBA, UFC, NHL, and tennis. Further, the site ranks as one of the best MLB betting sites. The sportsbook also provides diverse betting lines, including same-game parlays and highly competitive odds that offer impressive wagering options to sharp bettors.
Although FanDuel’s odds are not as competitive as those provided by DraftKings, the sportsbook stands out for providing the most extensive selection of exotic bets, in particular, props. Further, it also provides the largest assortment of deposit and withdrawal methods.
Odds and Markets at FanDuel (4.7/5)
Although FanDuel’s odds aren’t as competitive as those of DraftKings, the sportsbook gives the lines reduced juice, making it a top site for sharp bettors. However, FanDuel is noted by bettors as one of the sharpest sportsbooks for its extensive markets. Although it provides typical lines like moneylines and spreads, FanDuel offers the most extensive array of game and player props, same-game parlays, and alternate totals and spreads.
Additionally, FanDuel is noted for having one of the more varied selections of sports markets, covering over 20 options, and ranking as one of the best NFL betting sites. Further, bettors can discover unique options like NCAA lines, handball, darts, and lacrosse.
Payment Methods (4/5)
Another area where FanDuel stands out from the other sharp sportsbooks on our list is its selection of payment options. Providing the most diverse assortment of deposit and withdrawal options, that include Green Dot MoneyPak, credit cards, PayPal, FanDuel gift cards, PayNearMe, eChecks, and bank wire transfers, the sportsbook makes it simple for sharps to fund their accounts. Similar to DraftKings, FanDuel does not impose a maximum deposit limit but instead caps withdrawals at a relatively low $10,000, which pales in comparison to DraftKing’s $25,000. But, FanDuel comes in first when it comes to payouts, processing withdrawals in as little as 24 hours.
Customer Support (4.6/5)
FanDuel gets straight to the point when it comes to customer service and support. Unlike DraftKings and BetMGM, the sportsbook does not offer an email contact. Instead, it provides an in-depth FAQ section that covers all the most commonly-asked questions.
However, sharps in need of instant resolution to an issue can contact the site’s support team by opening a live chat box. Here, they can chat with a friendly and responsive support team member anytime, night or day.
Bonuses and Free Bets (4/5)
FanDuel provides existing bettors with several exciting promotions. By visiting the “promotions” tab, bettors can find deals like same-game parlays on the soccer world cup or NCAA football. Additionally, bettors can earn cash by referring a friend using the referral bonus. Although the selection of promos is not as diverse as that provided by BetMGM, the sportsbook has considerably more on offer than DraftKings and features several odds boosts too.
Pros:
- Excellent prop betting options
- Processes withdrawals in 24-hours
- Offers a one-game parlay option
- Accepts Green Dot MoneyPak payments
- 24/7 Customer service
Cons:
- Less competitive odds
- Low maximum withdrawal cap
4. BetRivers – One of the Top Sharp Sportsbooks for Live Betting
Sportsbook facts:
- Website: Visit BetRivers
- Established: 2019
- Active States: AZ, CO, IL, IN, IA, LA, MD, MI, NJ, NY, PA, VA, and WV
- Headquarters: Chicago, Illinois, USA
Industry gaming veterans founded Rush Street Interactive (RSI) in Chicago in 2015. However, in 2018, the company launched its sportsbook, BetRivers, in New Jersey. Today, the sportsbook offers sports betting in over 12 US states and prides itself on providing legal, regulated sports betting.
BetRivers stands out as one of the sharpest sportsbooks thanks to its fast odds and unique promotions, which include daily line specials and odds boosters. Additionally, the sportsbook provides unique betting lines that often see the site featuring over 140 lines on a single event.
While not the top sportsbook on our list, BetRivers stands out for its special offerings, like an incredibly low wagering requirement for promotions, set a 1x, a vast difference from the 15x applied by DraftKings, which many consider minimal. However, unlike FanDuel, the sportsbook does not offer a referral bonus at present.
Odds and Markets at BetRivers (4.2/5)
BetRivers is another sportsbook favored by sharp bettors for its reduced juice. However, it is important to note that this does not apply to all matches or sports, and bettors will need to take a careful look at the odds before placing a wager. But, the site ranks as one of our sharpest sportsbooks thanks to its fast odds, which it adjusts quickly when large wagers are placed.
Another standout feature of this sportsbook is its extensive betting markets. Here bettors can wager on anything and everything from player assists and rebounds to totals, totals by player, and even place quarter props.
However, the sportsbook’s selection of sports markets is less diverse. But bettors will still find all the top sports and even note that BetRivers comes in as one of the top NHL sportsbooks.
Payment Methods (4.5/5)
BetRivers gains favor among sharps for its higher-than-average withdrawal limit. Firstly, bettors withdrawing using BetRivers Play+ or ACH/eCheck are capped at $25,000 daily. But those using PayPal, Online Banking, or Cash at the Casino cage have no set withdrawal limit. Additionally, payouts for most options are instant, with the longest being eChecks/ACH, which could take between 3-5 business days, offering a far faster service than DraftKings which can take up to five days for most options.
So, when visiting BetRivers, bettors can use options like Discover, PayNearMe, PayPal, eCheck, Visa, MasterCard, online banking, and Play+.
Customer Support (4/5)
The customer support BetRivers provides is well above average. Firstly, the sportsbook provides a detailed FAQ section with easy-to-understand answers to most questions a bettor may have, like what is a buyout and how does a jackpot parlay work, and even how do I fund my account and how does one register.
But if you can’t find the answer you’re looking for there, you can always contact a support team member using the live chat function, which is up and operational 24/7.
Bonuses and Free Bets (4.6/5)
BetRivers has one of the most diverse assortment of promotions and bonuses for bettors. In addition to offering sports-specific free bets and parlay profit boosts, bettors can enjoy daily odds boosts. Further, the sportsbook features a loyalty program that continually offers bettors outstanding rewards in exchange for points they have gained.
Pros:
- Low wagering requirement of 1x
- Lightning-fast withdrawals
- Offers various promotions
- No withdrawal limits on most methods
- 24/7 Customer service
Cons:
- Odds could improve
- Fewer sports markets
5. Pointsbet – A Sharp Betting Site with the Lowest Minimum Deposits
Sportsbook facts:
- Website: Visit PointsBet
- Established: 2015
- Active States: CO, IL, IN, IA, KS, LA, MD, MI, NJ, NY, PA, VA, and WV
- Headquarters: Melbourne, Australia
Originally founded in Australia in 2015, PointsBet launched PoinstBet USA in 2019 following the repeal of PASPA. Today, the sportsbook offers legal sports betting in several states, including Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. Additionally, the sportsbook is the only US online betting site to offer PointsBetting, an entirely new way to wager.
Since the sportsbook offers this different style of betting, sharps can enjoy over 1000 betting markets on a single NBA game. Further, this unique betting style is all about high risk and high reward, making this one of the sharpest sportsbooks in the US.
Odds and Markets at PointsBet (4/5)
PointsBet hits the mark with sharps since it releases odds early and offers competitive pricing. However, the sportsbook makes its mark by providing unique betting lines, including point betting, which allows the site to offer extensive lines on various sports. Further, the betting site provides new and exciting ways to bet, offering more ways to wager on the NFL and NBA than any other betting site on our list. As a result, bettors can place wagers like Player Shooting Percentages, Time of First Basket, and Time of First TouchDown.
Further, PointsBet covers a selection of sports markets, including the all-American favorites like baseball, football, hockey, and basketball. Additionally, it ranks as one of the best rugby betting sites and comes out as a top tennis sportsbook.
Payment Methods (3.5/5)
When it comes to payment methods, PointsBet offers limited options, leaving bettors with choices like PayNearMe, eCheck, online banking with Trustly, and a debit or credit card from Visa or MasterCard. However, the sportsbook ranks as one of the sharpest thanks to its unlimited allowance for withdrawals, a feature not many other sportsbooks provide.
Customer Support (4/5)
Another area where PointsBet shines is in its customer service offering. Bettors have three ways to gain answers to their pressing questions. Firstly, they can review the detailed FAQ section. But if you don’t find the answer you’re after, then contacting the live chat team is an option. Further, this service runs around the clock, so there is always someone on-hand to assist. Finally, bettors can send the team an email, but this has a longer response time.
Bonuses and Free Bets (3.8/5)
Pointsbet provides existing bettors with a variety of bonuses and promotions. Besides a fantastic loyalty program and a specialty VIP program called the Diamond Club, bettors can claim daily odds boosts, same-game parlay boosts, and several free bets and referral rewards.
Pros:
- Excellent odds
- No withdrawal limit
- Features points betting
- Diverse exotic bets
- Provides referral rewards
Cons:
- Limited payment options
- Odds could improve
FAQs
What are the sharpest sportsbooks?
What sportsbook is the sharpest?
Are all sports betting sites sharp sportsbooks?
What is a sharp in betting?
What is the most predictable sport to bet on?
Sharpest Betting Sites Compared
The easiest way to pick out the sharpest sportsbook for your needs is to compare the features of each side by side. So, to help you do this, we set up the comparison table below.
| Sportsbook | Sport Bonus | Promo Code | Live Betting (y/n) | Live Streaming (y/n) | Accepted Payment Methods |
| BetMGM | Risk-Free Bet up to $1,000 | N/A | ✅ | ✅ | Visa, MasterCard, eCheck, online transfer, PayNearMe, Play+, PayPal, and Skrill |
| DraftKings | 20% up to $1,000 | N/A | ✅ | ✅ | Visa, MasterCard, Discover, PayPal, and electronic gift cards |
| FanDuel | FanDuel No Sweat First Bet up to $1,000 | N/A | ✅ | ✅ | Credit cards, Debit cards, PayPal, PayNearMe, FanDuel pre-paid card, Online bank transfers, Wire transfers, Greendot Moneypak, Cash at casinos or racing tracks |
| BetRivers | Free Bet up to $500 | N/A | ✅ | ✅ | Debit Cards, Credit Cards, online banking, eCheck, PayPal, Play+ FanDuel Gift Card, PayNear Me, Vanilla, cash at a local casino |
| PointsBet | $500 in Free Bets | N/A | ✅ | ✅ | Debit Card, Credit Card, online banking eCheck, PayNearMe, PayPal, Cash, eCheck, PointsBet Master Card |
What is a Sharp Sportsbook?
Sports betting has fast-become a popular form of entertainment and gambling around the world. According to recent statistics, the global sports betting market is expected to be valued at $155.49 billion by 2024 with football accounting for 50% of this market share. And with so much money up for grabs, it’s no wonder so many sharp bettors are lurking.
Before we look at sharp sportsbooks, we must first understand where they come from – for instance, what is a sharp in betting? In betting terms, a sharp refers to a bettor with a continual track record of beating the odds and winning more than 55% of the wagers they place. Further, these bettors usually place high-stakes bets, which typically scare off most betting sites that prefer bettors who place small wagers and usually don’t beat the odds.
As a result, the sharpest sportsbooks are those that welcome these bettors with open arms. Generally, a sharp sportsbook will set its own markets and lines and encourages professional bettors to sign up with the site.
Further, a sharp sports betting site will move its lines quickly when it takes a sizeable bet and provides sharps with high or no limits. Finally, they offer generous bonuses and continued promos that high rollers and sharps can enjoy.
However, it is also essential to note that these betting sites are continually on the lookout for pro bettors and often will move lines and balance the action from these sharp accounts to ensure they, too, earn a profit. Such bettors will also use tools like a sharp money tracker to see where is the sharp money going.
What Makes a Sharp Sportsbook?
The sharpest sportsbooks have a selection of features that place them in that particular category. Below, we look at what these criteria are and how they work.
Low Margins
When we speak of margins, we refer to the profit a sportsbook makes off a bet. So, while lower margins typically mean better odds and a greater value bet for the bettor, it means less profit for the sportsbook.
However, the sharpest sportsbooks generally provide lower margins (also referred to as reduced juice) than regular sportsbooks by focusing on the volume of the bets instead of the income from a single wager. But, for this to work, the volume of bets must exceed the lack of margin.
In most cases, because the sharp sportsbook offers stronger pricing they take more bets (increased volume) which allows them to make more money off lower margins than a typical sportsbook does off its higher juice.
High Betting Limits
A top sharp sportsbook will have betting limits higher than most other sportsbooks. Although they still cap their limits, these usually sit far above those offered by regular sportsbooks.
Sharp sportsbooks have very high betting limits.
For example, FanDuel doesn’t impose a maximum bet limit. However, it caps its daily payout limit to $1,000,000. Since this is one of the biggest bets you can wager online, FanDuel ranks as one of the sharpest sportsbooks on our list.
Low Fees
In most cases, the sharpest sportsbook sites don’t often apply fees to deposits but instead impose them on withdrawals. However, compared to regular sportsbooks, these fees are minimal and, in some cases, don’t exist at all. Since the idea of no fees appeals to sharp bettors, these sportsbooks understand that by absorbing the fees themselves, they are more likely to have more bettors taking advantage of this and, thus, a greater volume of bets.
Further, these sportsbooks offer lightning-fast payouts, encouraging sharp bettors to continually place wagers with them.
Range of Markets
The range of sports and betting markets covered must be diverse. Since sharp bettors have a formula that sees them following the money on any market, irrespective of what that market is, the sharpest sportsbooks must offer more than generic moneylines and spread bets.
Competitive Odds
Because sharp sportsbooks make profits from bet volumes rather than high margins, they need to attract as many bettors as possible to their sites to increase the bet volume. One way they do this is by creating and providing highly competitive odds. Further, these sportsbooks often offer the best price for high-volume games. Since even the smallest difference in margin value can make a significant impact on a sharp’s wager, many look for the best margins offered.
Big Bonuses
While bonuses make more of an impact when wagering at regular sportsbooks, those visiting sharp sportsbooks will discover that the real value is in the lines. As a result, not all sharp sportsbooks offer highly generous promotions, but if you’re lucky, you may find some excellent options at bigger brands like those on our list.
Large Volume of Bets
The way in which a top sharp sportsbook makes its profit is through the volume of bets. Therefore, the higher the volume of bets, the more impressive the sportsbook and the lower its margins.
How to Sign Up & Play at a Sharp Sportsbook
Signing up with a top sharp sportsbook is relatively straightforward. However, new bettors may find a step-by-step guide on registering and funding your account handy. So we created one, which you’ll see below.
Step One – Register with BetMGM
Begin by launching the BetMGM website. Then, select the state you are located in. Next, click the gold “Register” button on the top right of the home page. Lastly, complete the registration form that opens before hitting the “Continue” button.
Step Two – Verify Your Account
Following registration, you’ll need to verify your BetMGM account. So, open your email inbox and the mail sent to you by the sportsbook. Then, click the link inside to verify your new account before signing back into BetMGM with your new username and password.
Step Three – Fund Your Account
The next step is to deposit funds into your BetMGM account. So, click the green “Deposit” button on the top right of the home page (this will only come up when you are signed in). Then select your preferred payment method from the options provided and type in the amount you wish to deposit. Don’t forget to input your bonus promo code before clicking “deposit.” Finally, follow the prompts to complete your payment.
Step Four – Start Wagering
Once your funds reflect in your BetMGM account, it’s time to start the fun part – wagering. So head to the sportsbook tab and find the sports match you want to wager on. Then, type in your bet amount onto the bet slip on the right of the screen. Lastly, hit “Place Bet.”
Sharp Sportsbooks vs Square Sportsbooks
Sports bettors will find two types of sportsbooks, which cater to different markets and use slightly different approaches to how they offer betting. These sportsbooks are referred to as sharp and square sportsbooks.
While a sharp and square sportsbook are not mirrored opposites, how they approach betting differs considerably, and this can be seen clearly in how they create and change betting lines.
A top sharp sportsbook makes its own betting lines and then adjusts them accordingly when a sharp places a significant wager on a particular bet. In contrast, a square sportsbook pulls its betting lines from those offered by other betting sites, and these generally move much slower.
Another difference is that square sportsbooks shade their betting lines, offering lower odds on the favorites than sharp sportsbooks. Generally, this is because of how the public bets, backing the favorite regardless of recent stats or research. However, a bettor can get more favorable odds at these sites than at sharp betting sites if they bet against the public.
Typically, square sportsbooks limit bettors to how much they can wager and what they can wager on. However, professional bettors still sometimes visit these sites, for instance, when betting against the public.
To help you more clearly see the differences of the two types of sportsbooks, we have created the comparison table below:
| Sharp Sportsbooks | Square Sportsbooks |
| Creates its own betting lines. moves markets as soon as bets are placed | Copies betting lines of other sports markets |
| Quickly moves betting markets when sharp bets are wagered | Slow to move lines |
| Makes a profit from bet volume rather than increased juice | Earns its profits from increased margins/juice |
| Offers low margins | Has relatively high margins |
| Welcomes professional bettors | Limits the action of winning bettors and welcomes those who back the favorite |
| Accepts higher than average betting limits | Caps its betting limits relatively low |
| Offers several bonuses but the focus remains on the lines | Provides generous bonuses and promos to entice new players |
What does Sharp mean in Sports Betting?
A sharp in sports betting is a term used to describe a particular kind of bettor. Typically, this bettor beats the odds more than most other bettors and consistently wins 55% or more of their wagers. One way they can improve their chances is to use a sharp money tracker to see where is the sharp money going.
Generally, a sharp also called a “wise guy,” has in-depth knowledge and understanding of the sports they wager on, making them extremely capable of beating the odds. As a result, they can easily place advanced bets and handicaps, and sportsbooks often use these bettors as a way of measuring their lines and margins.
Sharps know how to manage their bankrolls despite often placing above-average wagers. Further, they understand how to squeeze out every last drop of value from the bonuses and enhanced odds offered by even the sharpest sportsbooks. Some of them even use sharp money tracker to trace the action.
How To Spot Sharp Betting Action
The sharpest sportsbooks move their betting lines when they see significant action. As a result, the movement on a line is proportional to the amount of action it sees.
However, looking at reverse line movement, where the betting line moves away from the favorite to highlight a different pick or a joint favorite, is another way to spot betting action. Generally, this can be seen most easily on spreads. So, look for a spread that has been reduced and why this may be. If it is not because of a player being dropped or an injury, it is most likely because of sharp betting action.
Another way to check for sharp betting action is to use a sports betting tool that allows you to track betting lines and markets on the best sports betting sites.
How to Find the Sharpest Odds
One of the essential aspects to consider when looking for the sharpest sportsbooks is the odds offered. Since the odds can significantly impact your profit and loss, especially if you are a sharp, we recommend always looking out for the best.
Firstly, bettors can find the best odds by comparing those offered by the different sportsbooks. Further, the betting margins a sharp sportsbook applies to its odds will also impact the quality and competitiveness of the odds provided. However, a top sharp sportsbook typically applies low margins to their odds, making them more competitive and attractive to bettors.
Finally, bettors can get sharp odds by betting against the favorite. Since all sportsbooks provide lower odds for the favorite, which is where the public usually places its money, you can find vastly improved odds by backing the underdog. But it is always best to do your research before making this move.
Bonuses at the Sharpest Sportsbooks
When using the sharpest sports betting site, a bettor will discover several bonuses and promotions available. While the key focus of a sharp sportsbook is not on the promos, these sites still provide relatively generous options.
Since sharp betting applies to several sports, there are various promotions that bettors can take advantage of to boost their betting power. For example, BetMGM offers a Parlay Plus that allows bettors to enjoy a 40% boost on a 5-7 leg parlay should they win. However, bettors who make their profits on the NFL may prefer visiting FanDuel and claiming the sportsbook’s FanDuel Family NFL Odds Boost.
Alternatively, bettors looking for ongoing rewards can always sign up with a rewards program like BetMGM’s iRush Rewards. These programs allow bettors to gather points and claim new and exciting free bets, cash-back bonuses, and odds boosts with each new tier they reach.
Below, you’ll find a table showing the various promotions and rewards bettors can claim at the sharpest sportsbooks on our list.
| Sportsbook | Welcome Bonus | Enhanced Odds | Money Back Specials | Loyalty Program | Price Boosts |
| BetMGM | Risk-Free Bet up to $1,000 | ✅ | ✅ | ✅ | ✅ |
| DraftKings | 20% up to $1,000 | ✅ | ✅ | ✅ | ✅ |
| FanDuel | FanDuel No Sweat First Bet up to $1,000 | ✅ | ✅ | ✅ | ✅ |
| BetRivers | Free Bet up to $500 | ✅ | ✅ | ✅ | ✅ |
| PointsBet | $500 in Free Bets | ✅ | ✅ | ✅ | ✅ |
Payment Methods at the Sharpest Sportsbooks
The top sharp sportsbooks offer bettors several ways to fund their accounts and withdraw their winnings. Below, we look at the more common payment methods and where you can find them.
Debit Card
Generally, the sharpest sportsbook sites allow bettors to fund their accounts using debit cards. Here, the bettor makes a payment from the existing funds in their bank account into their sportsbook account. However, sportsbooks rarely allow bettors to withdraw into their debit card accounts. Bettors can fund their accounts using debit cards at any of the sportsbooks on our list.
Credit Card
Another payment option widely accepted by the sharpest sportsbooks is credit cards. In this case, the bettor funds their sportsbook account using funds loaned to them by the bank. Typically, sportsbooks do not allow bettors to withdraw from their sportsbook accounts back into their credit accounts. But, if you want to deposit funds using credit cards like Discover, Visa, or MasterCard, you can visit any of the five sites on our list.
eCheck
An eCheck is the digital version of a traditional check. These can also be called electronic checks, direct debits, or online checks. They use an Automated Clearing House (ACH) to direct debit from a bettor’s checking account into a sharp sportsbook’s business bank account. Again, these are widely accepted as a payment method by nearly all the sites on our list. However, FanDuel does not accept ACH payments. Further, sites like DraftKings allow bettors to withdraw using eCheck, but this could take up to five days to process.
PayPal
PayPal is a popular eWallet service that acts as an intermediary between a bettor’s bank account and their sportsbook account. As a result, it provides greater protection against fraud, making it a popular choice among bettors. As a result, you can use PayPal to deposit funds at all the sportsbooks on our list.
GreenDot MoneyPak
Bettors can purchase Green Dot MoneyPak cards from retailers using cash and then use the cards to reload other prepaid cards, add money to a PayPal account without using a bank account, or make same-day payments to online sportsbooks. However, while handy, currently only FanDuel accepts this method as a deposit option. Further, you cannot withdraw to a Green Dot MoneyPak card.
PayNearMe
PayNearMe is a payment system implemented by the sharpest sportsbooks that allow bettors to deposit funds into their account by visiting participating establishments near them. Firstly, the sportsbook will send a bettor a reusable payment barcode, which they then take to their closest PayNearMe location. The cashier at the location scans the barcode, and then the bettor pays a sum using cash, after which they get a print and digital receipt. All the sportsbooks on our list, with the exception of DraftKings, accept PayNearMe payments.
Sportsbook PrePaid Card
A Prepaid Play+ Card is a prepaid card that bettors use to fund their sharp sportsbook accounts. In this case, bettors can transfer funds from their credit or debit cards, by using online banking or their PayPal account. Once bettors have transferred funds into this card, they can use it to fund their sportsbook account quickly.
Money Order
Similar to checks, money orders are paper financial documents that allow the bettor or sportsbook to specify the payee and the amount. However, these are prepaid so they work a lot like cash and won’t bounce. But, money orders are rarely accepted by sharp sportsbooks for deposits or withdrawals.
Check
Considered a traditional payment method, a check is a paper document ordering the bank to pay a specific amount from a bettor’s bank account to the person or sportsbook whose name is on the check. These days, not many sharp sportsbooks accept checks, but some, like DraftKings, payout using checks. However, in this case, the check must be made payable to the exact name and address associated with the account.
Wire Transfer
Another traditional payment method is a bank wire transfer. Also known as a credit or bank transfer, this method sees a bettor electronically transfer funds from their bank account to their sportsbook account. However, it is important to note that when used as a withdrawal method, the payout usually takes between five and seven days. So, to fund your account using a wire transfer, visit FanDuel or DraftKings.
| Payment Method | BetMGM | DraftKings | FanDuel | BetRivers | Pointsbet |
| Debit Card | ✅ | ✅ | ✅ | ✅ | ✅ |
| Credit Card | ✅ | ✅ | ✅ | ✅ | ✅ |
| eCheck | ✅ | ✅ | ❌ | ✅ | ✅ |
| PayPal | ✅ | ✅ | ✅ | ✅ | ✅ |
| GreenDot MoneyPak | ❌ | ❌ | ✅ | ❌ | ❌ |
| PayNearMe | ✅ | ❌ | ✅ | ✅ | ✅ |
| Sportsbook Prepaid Card | ✅ | ✅ | ✅ | ✅ | ✅ |
| Money Order | ❌ | ❌ | ❌ | ❌ | ❌ |
| Check | ❌ | ✅ | ❌ | ❌ | ❌ |
| Wire transfer | ❌ | ✅ | ✅ | ❌ | ❌ |
Benefits of Sharp Betting Sites
If you’re weighing up your odds on whether to sign up with a top sharp sportsbook, then take a look at some of the benefits these sites offer, by reviewing our list below:
Excellent Odds
Because the sharpest sportsbooks make their profits off betting volume, many provide reduced juice or slim margins. As a result, the odds are far more competitive and exciting. Further, these greater odds ensure that bettors can make more significant profits when winning their wagers and less of a blow should they lose.
Higher Betting Limits
Since the sharpest sportsbooks cater to professional bettors and high rollers, many offer much higher maximum bets than regular sportsbooks. As a result, bettors can wager higher stakes and turn a greater profit should they win. For instance, FanDuel doesn’t impose a max bet limit at all but instead caps its daily withdrawal limit at $1 million.
Greater Markets
Since sharp bettors place various types of wagers on several sports, it is imperative that the sharpest sportsbooks provide a diverse selection of markets. As a result, bettors will find unique betting and sports markets offered at these sportsbooks, which in turn provide a more exciting betting experience.
Sharpest Sportsbook in the US
The sharpest sportsbooks offer bettors looking to turn a profit on sports betting an excellent opportunity to do so by offering reduced juice, more competitive odds, lower fees, and extensive markets. Further, bettors can enjoy these features at any of the five sportsbooks highlighted on our list.
However, if you are looking for a recommendation for the sharpest sports betting site, we suggest BetMGM. In addition to diverse sports markets and betting lines, the sportsbook features some of the most competitive odds and a variety of payment options. So, don’t miss out. Instead, sign up with BetMGM and claim your welcome bonus to boost your bankroll.
