Sharp Money Taking Washington Wizards Over Chicago Bulls

Playoff seeding will be on the line tonight when the Washington Wizards (40-36 SU, 38-26-2 ATS) host the Chicago Bulls (44-32 SU, 38-37-1 ATS) in a potential preview of their first round matchup. The game opened as a pick’em, however, the red-hot Bulls have been heavily bet by the public receiving 64% of spread bets.

Despite this one-sided betting, the line remained as a pick’em at CRIS until a steam move was triggered on the Washington Wizards on Saturday morning at 10:31 PM eastern. Within one minute of this steam move Washington moved to -1 and less than half an hour later the Wizards were 2-point favorites across the sports betting marketplace.

The line graph below, which is available to Sportsbook Insider subscribers, shows the line movement since opening at CRIS.

Washington Wizards Line Graph 4-5-14

 

It’s also worth noting that betting line movement that contradicts the public betting percentages is commonly referred to as reverse line movement — another strong indicator that sharp money likes the hometown Wizards tonight.

Finally, officiating could favor the Wizards tonight as Mark Lindsay (204-178, +15.87 units) has been the best home referee in terms of units won since 2005.

NBA Home Refs

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Update: The Wizards have moved to -2.5 at most offshore sportsbooks.

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