The Warriors opened as 7-point favorites at the market-setting Bookmaker.eu (a sister site of CRIS) and have received 55% of spread bets at Sports Insights contributing sportsbooks. Although public betting has been evenly split, the Warriors had moved from -7 to -7.5.
The line graph below, which is available to Sportsbook Insider customers, displays how public betting has impacted the spread at CRIS.
Roughly one minute after opening on Tuesday night, Golden State moved from -7 to -7.5 at CRIS. Although this may not seem noteworthy, there was actually swift and uniform line movement across the sports betting marketplace, which triggered a steam move at Heritage — one of the sharper offshore sportsbooks.
For anybody unfamiliar, steam moves are the result of a sudden overload of money placed at multiple sportsbooks and, in most cases, occur due to betting groups, syndicates and/or respected sharp players with the resources to get down heavily at multiple locations, all at once. Since books like CRIS, Pinnacle and Heritage offer the highest limits; they attract the sharpest bettors and therefore provide the sharpest lines. When the line moves at one of these sportsbooks, bettors should take notice.
This season the Heritage NBA steam move has gone 146-117 ATS (55.5%) with +17.3 units won. That means that $100/game bettors would have earned $1,730 by following every steam move triggered at Heritage.
We should also note that although the ticket count is fairly even, our newly added money percentages tell a different story. At the time of publication, the Warriors were receiving 72% of total dollars wagered. That’s another excellent indicator that sharp money likes the home favorite in tonight’s matchup.
To see if those offshore trends matched up with the action in Las Vegas, Davis Solar reached out to Ryan Oakes from the William Hill sportsbook. He reported that 55% of tickets and 64% of total dollars wagered had taken the Warriors (-7.5). Not surprisingly, casual bettors are looking for a big payday by loading up on the Thunder (+300) moneyline. Oakes reported that 81% of tickets and 77% of money believe that Oklahoma City will win straight up.