Public Money Betting refers to the practice where a significant portion of bets on a particular outcome comes from the general public, often leading to skewed odds. This phenomenon typically occurs in sports betting, where popular teams or events attract more casual bettors, influencing bookmakers to adjust odds to balance their risk. As a result, public money can create value for savvy bettors who identify discrepancies between public sentiment and actual probabilities, allowing them to capitalize on potentially lucrative betting opportunities. Understanding this dynamic is crucial for making informed betting decisions.