NBA Public Betting Trends – December 1st Bet and Money Percentages
From October through June bettors and fans alike will have NBA basketball on their televisions every evening. With so many games available to bet on – how should you pick where to place your wagers?
Looking at the money and bet percentage splits, of course. We’ll provide you with the data directly from sportsbooks here ahead of game each night during the season so you can see where both the public money and percentage of tickets are concentrated for each game.
Wednesday, December 1st NBA Betting Splits
All data and percentages via DraftKings Sportsbook
December 1st NBA Betting Trends
- The public’s most heavily bet side actually comes on the Dallas Mavericks in New Orleans, laying 3-points to the Pelicans. Despite 75% of the bets on Dallas, just 49% of the handle is backing the Mavs as the sharps like NOLA to the tune of 51% of the handle on just 25% of the tickets. Luka Doncic’s team are 2-1 ATS as a road favorite
- Denver is also receiving 75% of the bets as well as 75% of the handle as 7.5-point favorites in Orlando
- The most bet total of the day comes with 88% of the tickets and 95% of the handle on Over 204.5 in Cavaliers vs Heat. Miami leads the league in percentage of games to go over, at 61.9%
What Are NBA Betting Trends and How Do I Use Them?
Every bet placed on NBA games is tracked and entered in to a system at your sportsbook of choice. Using all those transactions, bettors, analysts and fans alike can track trends based off the total number of bets placed and total amount of money bet on any game across the spread, moneyline or over/under total markets.
With that data, you can see the public consensus (as well as where the sharp money is) for every game before placing your bet.
What’s the Difference Between Bet and Money Percentages?
Money percentages – or percent of the handle – refers to the total amount of money wagered on an event, often broken down by bet type.
The money percentage pools all the money wagered on any game together, first sorting it by the type of bet (moneyline, spread, or total points scored), and then breaks down what percentage of the handle is bet on each side.
Whichever side the handle is weighted to can signal the sharp action (if the amount of tickets on that side are low), or if that side is being heavily bet by the public (if the ticket percentage is high).
Bet percentages, meanwhile, are frequently referred to as “% of tickets” or “% of bets”. Tickets are just a term used for all the bets placed.
To get the bet percentage, you look at all the bets placed (regardless of the amount of money risked on each one), again, sorting first by the type of bet, and then look at the percentage of tickets on each side of the game.
This can help identify which side both high-stakes and low-stakes players are trending towards.
Noticing Sharp Action While Betting on the NBA
As broken down above, ticket percentage does not consider the amount risked on each ticket – it just counts each bet placed. If we compare the bet percentage and money percentage of the same team (for the same bet type), you’ll notice the sharp action if the figures aren’t similar.
For example, if the Lakers have 86% of the tickets bet against the spread, but only has 47% of the money, we now know the bets being placed on the Lakers are quite small – or the bets being placed on the opponent are quite large.
A noticeable difference between a team’s bet and money percentages can help signal sharp action. In order to calculate this, just subtract their bet percentage from their money percentage. If the result is a positive number, you’ve got larger bets being placed on this team. If the result is a negative number, you’ve got larger bets being placed on the other team.
While that’s not a 100% accurate formula to determine the sharp action, it can give you a general idea of where the money is.