Wise Guy

Wise Guy in betting refers to a sharp bettor or someone with inside knowledge who places well-informed, strategic bets that often move the market. These bettors are typically part of betting syndicates, professional gambling circles, or insider networks that capitalize on mispriced odds before bookmakers adjust them.

A wise guy doesn't just bet based on public opinion or gut feeling but uses statistical analysis, trends, and sometimes inside information to find value bets. When wise guy money starts coming in, bookmakers adjust the odds to minimize their risk.

Bookmakers often try to identify and limit wise guys because their bets are more likely to be profitable in the long run, unlike casual or recreational bettors.