Sharpest Sportsbooks in 2024 – Sharp Sports Betting Guide | Claim $6000+ with 100% Deposit Match

One of the biggest skills in sports betting is being able to place +EV bets on sports that you’re not all that knowledgeable on. Players can do this by tracking betting lines within the following sharp sportsbooks to beat the closing line.

In this article, we’re going to dig deeper on how the sharpest sportsbooks work, what processes they use to make a betting line “sharp” and how you can use this information to be a consistently profitable sports bettor.

List of the Sharpest Offshore Sportsbooks

Being based in the United States, we are limited to the range of the sharpest sportsbooks that we can access. As a workaround, we’ve included a list of the sharpest offshore sportsbooks and a quick highlight about what makes them great for betting.

1. BetOnline – Sharpest sportsbook in the US
2. MyBookie – Wide range of local and international markets
3. BetNow – Sharp betting lines with multiple features
4. Bovada – Lower juice charged on US sports
5. Everygame – Core live betting functionality
6. BUSR – Good for sharp betting lines on NFL and NBA
7. Sportsbetting.ag – High betting caps of up to $2,500 per bet
8. XBet – Very low juice on a wide range of markets
9. BetUS – Strong promos for new and returning players
10. Mega Dice – Top-tier betting options for crypto

Reviews of the Sharpest Sportsbooks

Here, we’ll go through the top 5 sharpest sportsbooks from our list of 10 above. This will include a deeper look at how each of the sportsbooks works for both sharp betting and general sports betting.

1. BetOnline – Sharpest Sportsbook in the US

BetOnline is our choice of being the sharpest sportsbooks in the US for several reasons. The first and most telling is the juice charged, which averaged just a 3.18% mark for sports such as NBA, NFL, and MLB. Juice increased as we moved to things like college sports, as well as those less popular in the US, such as tennis, golf, and cricket.

The sportsbook has huge game coverage across the board and, even though US-based sports dominate, it’s one of few that have a proper international feel to it. The ability to place wagers upward of $10,000 on most sports, is another reason why so many sharp bettors target BetOnline.

Betting lines are set in-house, and these lines move quickly in relation to bets placed. It’s not uncommon for markets to suspend momentarily while they are adjusted following a large or an influx of bets on a single result.

A huge range of deposit options are accessible, with Credit, Debit and a host of crypto payments being the pick for most. Deposits start from just $10, and withdrawals are processed within 24 hours, before hitting your account within 5 working days.

On top of all this, you can use the BetOnline promo code BOL1000 to get a 50% deposit match worth up to $1,000 when you register a new account.

2. MyBookie – Wide Range of Local and International Markets

MyBookie covers a wide range of sports and, like most, excel when it comes to US-based sports. However, coverage of sports such as golf, tennis, soccer, and horse racing (dedicated racebook) is where MyBookie is able to beat the competition.

Betting lines are live around 2-5 days prior to the game, starting with most sports, although some moneyline bets can be later than this, which is a little frustrating. Juice charged from the markets we tested averaged out at 4.10%, which is the highest of our top 5 picks.

While the juice is higher with MyBookie, it strikes a better balance than most in terms of features (props builder, contests, betting blog, free betting picks) and betting lines.

Bonuses and promotions are another standout feature and you can use the MyBookie promo code MYB100 to get a 100% match worth up to $1,000.

3. BetNow - Sharp Betting Lines with Multiple Features

BetNow is a fast-moving, sharp sportsbook with a fantastic offering for knowledgeable punters. With a 4.5% average juice on local favorites like the NBA, NFL, and MLB, it positions itself as a competitive player in the U.S market.

While mainly catering to local favorites and collegiate showdowns, BetNow also runs some great action on international favorites such as MMA, boxing, and European football, making it appealing to local and global audiences alike. One of its unique features are higher bet limits, allowing for wagers up to $5,000+ on certain markets.

Deposit and withdrawal processes are streamlined and optimized for mobile, with options including cards, e-wallets and a variety of popular cryptocurrencies. The minimum deposit is $20 with fast-reflecting withdrawals that typically reach your account within a few business days.

Finally, BetNow has some great recurring promotions and sports incentives where new punters can enjoy a 100% up to $1,000 match deposit when using the BetNow promo code BN100. Other offers include sportsbook/horse racing rebates up to 10% as well as the occasional vig free offer and reup bonus.

4. Bovada - Lower Juice Charged on US Sports

Bovada is another fantastic addition in our sharpest sportsbooks list with a lower, 3.67% juice charged on winning selections as well as a range of leading local markets including the NFL, NBA, and MLB they. The sites formatting and features are easy to navigate where bet types are clearly visible and responsive, with a core emphasis on mobile integration, for making leading wagers usiing Android and iOS.

The sportsbook works in a more balanced format than most and offers a place where sharp bettors can enjoy competitive betting lines and +EV bets. However, new players are still going to be able to access features like prop builders, #whatsyawager (bet builder), enhanced odds, and a dedicated mobile app.

Promotions play a big role on the site, and you can use our Bovada promo code to claim a 50% match worth up to $250. Deposits start from just $20 and you can access methods such as Credit and Debit cards, as well as a huge range of crypto options, such as Bitcoin, Bitcoin Cash, Zelle, and Litecoin.

5. Everygame - Core Live Betting Functionality

Everygame delivers an entertaining and competitive betting environment with a user-friendly interface and a wide range of options. Ideal for experienced strategists, the platform offers competitive odds across 45+ local and international markets including the NBA, NFL, NHL, and MLB, as well as signature events abroad, including Premier League football, UFC showdowns, signature race days and more.

A quick scan of the site reveals an accessible, intuitive and varied sports book with all major bet types, including live betting functionality, or "in-play" options where picks are placed in real time, odds change and the excitement keeps mounting. Moreover, the sites mobile interface is fully optimized for Android and iOS, where wagers and withdrawals can be made using multiple methods including cards, e-wallets and crypto.

Finally, Everygame rewards new players with a welcome bonus of up to $200, when using bonus code WELCOME200. This 50% match bonus comes with an 8x rollover requirement at minimum odds of -200.

Comparing the Sharpest Sportsbooks

The table highlights all our best sharpest sportsbooks. Included in the table is info on each of the welcome bonuses, fees, and deposit options.

What is a Sharp Sportsbook?

Before we jump into what a sharp sportsbook is, it’s important to understand the basic principles of how a sportsbook works.

The sportsbook will offer betting lines (odds) on a range of markets. All betting lines come with juice attached. Juice is essentially the money the sportsbook makes from that market.

For example, if you had a coin toss, the odds are 50/50, whether it’s a head or a tail. True odds for this would be even money or +100. However, the sportsbook will likely offer odds of -110.

Why?

Well, if they have two results at odds of -110 (heads or tails), then it’s possible for them to make a guaranteed profit. So, if they take $1000 on both heads and tails, they have taken $2,000 in total.

Let’s assume heads wins. The sportsbook pays out $1000 at odds odd -110, which equals $1909.09. They have taken $2,000 in bets, so that leaves them a profit of $90.91.

The key thing to take here is that the sportsbook, by applying a margin on the “true (real) odds” can guarantee profit.

So, how does this apply to sharp sportsbooks? There are five key areas that define a sharp sportsbook:

• Low juice/margins applied to all bets
• High staking limits throughout the sportsbook
• No account restrictions on wins
• Quick movement in betting lines when large bets are taken
• Originates its own betting lines

The key difference is the margins that are applied to bets are much lower than mainstream sportsbooks. A sharp sportsbook offsets low margins with high volume and as long as they are able to take the volume of bets they need, they can keep margins low.

Another area where the sharp sportsbook differs is the type of punters that they accept. Professional bettors are welcomed, and there are no account limits that are placed if they are successful.

Finally, the movement of the betting lines is much quicker (often instant) than most sportsbooks. For example, if a $100,000 single bet was placed, then this is likely going to have a significant outcome on the profit margins that the sportsbook makes for that market. Odds will adjust almost instantly as a result to offset this bet.

What Makes a Sharp Sportsbook?

There is a range of key features that create what is referred to as a sharp sportsbook. Below we’ve outlined them and described how they work.

Low Margins

Margins are essentially the profit that a sportsbook makes for each bet they host. The lower the margins, generally, the better the odds and the more value the bet must for the player.

Sharp sportsbooks offer lower margins (reduced juice) than most. They allow themselves to do this by working on the volume of bets, rather than making the most from a single bet.

For this to work, the sportsbook needs to increase the volume of bets to overcome the lack of margin. For example, let’s assume that Sportsbook A and Sportsbook B have a market on the winner of the Superbowl between the New England Patriots and the Green Bay Packers. Betting lines are as follows:

New England to win:

• Sportsbook A = -167
• Sportsbook B = -180

Green Bay to win:

• Sportsbook A = +147
• Sportsbook B = +147

Based on these betting lines, Sportsbook A has a margin of 3.02% and Sportsbook B has a margin of 4.75%. Let’s assume Sportsbook A takes $100,000 on the market, they make a profit of $3,020. Let’s assume that Sportsbook B takes $50,000 they make a profit of $2,375.

What we’re trying to highlight here is that a sharp sportsbook makes more money on lower margins because they take more bets (higher volume), because their pricing is stronger than most.

High Betting Limits

Sharp sportsbooks have very high betting limits. They still have caps, but compared to a more mainstream sportsbook, they are much higher.

BetOnline is a great example of this, and its biggest cap is a massive $50,000 limit per bet on NFL spread bets. This is one of the biggest single bets you can place online and why we rate them as one of the best sharp sportsbooks in the industry.

Lowest Fees

Fees are generally applied to withdrawals from the cashier, but it’s not uncommon to see them for deposits as well. Most sharp sportsbooks have little to no fees involved. Even for payments that charge them fees, they know that to attract people onto their site to get the volume they need, they must eat the fees for the players.

You’re also going to get fast payouts with most sites. Again, this is all to do with keeping players that need to move money in and out promptly, playing with their sportsbooks.

Wide Range of Markets

Sports and market coverage need to be in-depth. Players who are widely regarded as sharp bettors aren’t just betting on moneyline and spread bets. They have a process per market that slowly gets perfected over time.

The savviest bettors dive into a sea of markets, placing predictions on anything from parlays, middles and point spreads, to teasers, futures, outrights and more. In turn the best sports books lay out a spread of options, including markets like esports, virtuals and entertainment bets. It’s all about variety, keeping things fresh and exciting for every type of bettor.

In essence, a top-tier sportsbook makes things easier on your wallet with low fees and fast payouts, while also serving up a diverse range of betting markets.

No Account Limits for Consistent Winners

One of the most frustrating things that a lot of winning players come across is account limits. This is where sportsbooks limit the amount you can stake (and therefore win) on certain bets or sports. Some may even make this a blanket limit for the whole site.

The sharpest sportsbooks do not do that. In fact, they are happy to have winners on-site as it usually results in more money made in the long term. If you use our example from earlier, where we talk about the volume of bets, then as long as they keep this high, their margins will be stable regardless, meaning that they still make money.

It’s worth noting that not all sites limit winning accounts. Even sportsbooks not classed as “sharp” have players on their books that are consistent winners. Limits come in for very high-volume players who are betting on markets that are not always easy to balance based on the volume of bets they get.

Highly Competitive Betting Lines/Odds

To attract high volume, you need a hook. Sharp sportsbooks generally do this by creating very competitive betting lines. For high-volume games, they are almost always the best price.

Even the smallest of margins can be huge for high-volume players, so taking advantage of this is an absolute must.

Targets Professional Punters

Professional punters are very much welcome of sharp sportsbooks. As we keep pointing out, the concept only works with volume, and no one bets more than the pros.

Many pro punters will eventually be turned away from most other betting sites as their edge is too high, meaning that they take advantage of randomly inflated betting lines. Given lines are always favorable for the player, it makes a lot of sense for both parties.

High Volume of Bets

When it comes to playing at the best sharp sportsbooks, it's all about the mantra of 'volume, volume, volume.' This isn't just a catchy phrase; it's the lifeblood of a successful and consistently profitable business model. Sharp sportsbooks typically operate on lower margins, meaning they bring in less profit per bet. So, to balance the books, a higher bet volume is needed.

Each individual bet, multiplied by thousands at a time starts to add up. It's a game of scale. These sportsbooks create an environment where they can handle a large influx of bets, providing top-tier selections while supporting heavy site traffic and a stream of constant predictions.

Large Bonuses

Sharp sportsbooks are famous for their competitive betting lines, but many also offer some fantastic bonuses that can  significantly enhance the overall betting experience.

Welcome bonuses are the easiest to access, with match deposits being the most popular. Simply deposit a certain amount, and the sportsbook will match it up to a certain percentage, effectively doubling your betting power straight from the start.

Moreover, scroll through the onsite promotions tab and you'll find some enticing recurring promotions. Cashback offers provide a safety net, giving you back a percentage of your losses over a period of time, while reloads offer additional matching funds on future deposits. From time to time you'll find the occasional price boost, which raises the odds for specific bets while offering potentially higher payouts.

Sharp vs Square Sportsbooks

Generally, there are two types of sportsbooks: sharp and square. It’s not a case that one is necessarily better than the others, but they cater to different markets and have different ethos’s about how best to cater to their players.

We’ve spoken a lot about how sharp sportsbooks work, so now we want to address a square sportsbook.

While a square sportsbook isn’t the exact opposite of a sharp book, the way they work is quite different. The biggest is that of how they create betting lines and then change betting lines.

One of the big features of a sharp sportsbook is that they make their own betting lines. They also adjust them, almost instantly as soon as a significant amount of money has been wagered on a particular bet.

A square sportsbook will usually take guides from other betting sites and may even copy other sites to the letter. Betting lines are much slower to move, which makes it harder for punters to get +EV wagers over the line.

Another key area for a square sportsbook is how they shade betting lines. It’s very common for them to have the prices favorites at lower odds than sharp sites. This is because most of the betting public simply back the favorite or overs, regardless of any research or reason.

Square sportsbooks are still used by professional punters, but they are generally more limited as to what and how much they can bet on. There will be times when odds are more favorable on these betting sites over the sharpest sportsbooks, but it’s usually when players are willing to bet against the public.

The table below highlights how square and sharp sportsbooks differ:

What is a Sharp in Sports Betting?

A sharp is a term that is used to describe a consistent winner over a long period of time. These are people are widely known and recognized by the industry as “good players” meaning that their edge is larger than that of a “recreational player”.

The actual edge that someone needs to be "sharp" is relatively low. To consistently beat a spread, you need to win somewhere around 52.4% of bets. Most bettors fall way short of this.

Successful punters don’t need to be an awful lot higher for a sportsbook to take note. Anything between 55% and 60% win rate is deemed to be excellent.

Players that are anywhere within or higher than this bracket will carry (usually unknown) power. This power is the ability to move betting lines.

For example, if a sharp sportsbook has a known winner at around 58% and they see that they place a huge $100,000 bet on a market, they are going to take note and adjust that market accordingly. The bet size here is important as the more they bet above their average bet size, generally the more confident they are in their selection.

It’s not always the case that a single sharp player is going to move the betting line all that much, but when there are multiple bets from multiple sharp bettors, betting lines are going to move, and move quickly to reflect this.

How do you Spot Sharp Betting Action?

The first part is that you need to be using a sportsbook or betting tool that allows you to track markets and betting lines. Any lines that are fluctuating across sharp sportsbooks are likely going to be down to where the money is heading.

For a line to move the betting site needs significant action. The more it moves, the more action there has been.

Another area that you can look at is reverse line movement. This is where the betting line moves away from the favorite to then make the other pick either a joint favorite or out on its own.

The spread is a great place to look for this and you need to check the spreads that have been reduced. Then you need to ask yourself why this might be. Rule out things like injuries or star players being dropped and then reason almost always comes down to action from sharp bettors.

One of the best questions to ask yourself when this happens is “why is the sportsbook offering me a better value spread for the same price?” It’s one of those too-good-to-be-true moments when in fact, it’s because they need to level up their liability because of sharp betting action.

#1 Sharpest Sportsbook for US Bettors

Our number one pick for the sharpest sportsbook for US bettors is BetOnline. From our testing, we found that they excelled in three key areas, each essential for successful sharp betting. They include low margins (around 3% on average), high bet limits (action of up to $50,000 per bet), and fast market adjustments.

BetOnline is unique in that it also includes a huge range of promotions, which is not always the case with sharp sportsbooks. The welcome bonus is a 50% match up to $1,000 and comes with a rollover of just 10x.

Use the link below to open your account and use the BetOnline promo code BOL1000 to get your $1,000 bonus.

FAQs

What does sharp betting mean?

Sharp betting is where you bet on markets influenced by betting lines and thus creating +EV prices. The aim is to get in at a price as high as possible before and use betting sites with low margins or juice charged.

Are all sportsbooks sharp sportsbooks?

No. A sharp sportsbook is one that has low margins and needs volume to make to money. Most sportsbooks charge significantly more juice and they also limit winning players as to how much they can both wager and win.

Why is Pinnacle the sharpest Sportsbook?

Pinnacle has been designed as a low-margin, high-volume sportsbook. It’s one of few that target pro bettors, do not limit betting accounts that consistently win, and allow for huge bets to be placed within a huge range of sports.

Which sportsbook has the most accurate odds?

BetOnline has the most accurate odds. It sets it’s own markets and betting lines, which means that they are adjusted almost as soon as a significant sum of money has been placed on one market.

Which sportsbooks are sharp?

The following sportsbooks are all deemed to be sharp: BetOnline, Bovada, XBet, Sportsbetting.ag, MyBookie, BetUS, BUSR, BetNow and Betanysports