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Complete Tutorial & Documentation

Master the Sharp Money Tool

Leverage peer-to-peer exchange data to see what professional sharp bettors are targeting. When both traditional sportsbooks and sharp betting models agree, you've found the ultimate edge.

Watch & Learn

Video Tutorial

Master the Sharp Money Tool in 13 minutes

Using Exchanges

What is the Sharp Money Tool?

Your edge using peer-to-peer exchange data

The Sharp Money Tool takes your betting strategy to the next level by incorporating data from peer-to-peer betting exchanges like Novig and ProphetX. Unlike traditional sportsbooks where you bet against the house, these exchanges show you what sharp bettors with advanced models are actually betting on.

The Key Difference:

When you see a play ranked at the top of the Sharp Money Tool, it means both traditional sportsbooks AND sharp bettors on exchanges are heavily favoring that side. This gives you maximum confidence in your picks.

Peer-to-Peer Exchanges vs Traditional Sportsbooks

Traditional Sportsbooks
  • You bet against the house
  • DraftKings, FanDuel, BetMGM, etc.
  • They set lines with built-in vig (juice)
Peer-to-Peer Exchanges
  • You bet against other bettors
  • Novig, ProphetX
  • Sharp bettors with advanced models set lines
Key Insight:

These exchanges feature professional traders and betting syndicates with sophisticated models. When higher plus-odds are offered in one direction (say +148 to the under), they're revealing that they want you to bet this side so that they can bet the favored direction: the over. This helps us see where the "smart money" is being placed.

Critical Concept

Why Are the Lines Showing the Opposite Direction?

The Logic Behind Exchange Lines

1. Exchanges show what they're OFFERING you to bet

When Novig shows "Over 4.5 at +148", they're saying: "Hey, we'll give you +148 odds if you bet the over"

2. Plus odds = Less likely to hit

A +148 line means it's an underdog. The book is paying you more, as incentive, to take a less-likely projected direction on a bet.

3. They want you to take the bait on the plus line

Sharp bettors offering +148 on the over are confident in the UNDER. Since it's peer-to-peer, they entice bettors to play the other side of their bet, so they can end up playing their desired direction.

4. You want to bet what THEY'RE betting (the minus side)

If the over is +148, we can expect a standard under varying around -178 odds - heavily favored side. This is where the true sharp money is being placed and hence the side we also want to be on.

Visual Examples

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Remember This Rule:

The HIGHER the plus line you see on the Sharp Money Tool, the MORE confident you should be betting the OPPOSITE direction.

Pro Strategy

Using Both Tools Together

The optimal workflow for maximum confidence

The most successful bettors on Parlayers use both tools in tandem. Here's the workflow that works best:

1

Start with Player Prop Optimizer

This is your foundation. It shows you plays where fantasy apps are mispriced compared to sportsbooks.

  • Filter for purple and green plays
  • Filter for 2-3+ bookmakers in agreeance on direction
  • Check for "exclusive plays" to a given DFS app
2

Verify with Sharp Money Tool

Now cross-reference those same players on the Sharp Money Tool to see if the sharp bettors agree.

  • Look for high plus-odds on the exchange columns
  • Confirm the direction agrees with sportsbooks
  • The higher the plus-odds, the stronger the confidence for a given play's opposite direction
3

Build Your Slip with Confidence

When both tools check out, you've found a play with optimal edge. Add it to your slip.

Side-by-Side Example: Terry McLaurin

Player Prop Optimizer
57.22%
Line: Under 3.5 Receptions
Consensus: -157
✓ Confirmed Value
Sharp Money Tool
57.22%
Exchange Offering: Over 3.5 at +146
Implied Odds: ~40% to hit
✓ Sharp Confirmation

Both Tools Agree → Maximum Confidence Bet

Quote from Parlayers Co-founder jchip:

"I cannot use Parlayers without using the Sharp Money Tool. I always double check with the Player Prop Optimizer just to see what plays are popping up, and then verify them on the Sharp Money Tool. The more confidence and data you have behind plays, the more comfortable you are putting down size on it."

Maximum Edge

The Complete Parlayers Advantage

Traditional sportsbooks + peer-to-peer exchanges = unbeatable edge

Player Prop Optimizer

  • Compares 9+ traditional sportsbooks
  • Shows market consensus
  • Identifies mispriced lines

Sharp Money Tool

  • Shows which plays sharp bettors are targeting
  • Reveals betting models' predictions
  • Confirms your edge with peer-to-peer data

You're not just finding value against sportsbooks — you're finding plays that professional bettors with millions in bankroll are also targeting. This is what defines a great play.

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