money bet or invested by experienced gamblers or investors (especially if they have inside information)

people who are highly experienced or who have inside information; "the smart money said Truman would lose the election"

Wagers taken from knowledgeable players with a history of winning.

The team favored by professional handicappers.

Smart money is money wagered by shaprs.

funding from investors who are able to contribute guidance, networking, or other benefits.

Insiders' bets or the insiders themselves.

Sides that are bet on by the more knowledgeable handicappers.

Smart money is money wagered by sharps.

money wagered on sides by knowledgeable handicappers.

When professional gamblers wager.

Smart Money is a 1931 film starring Edward G. Robinson and James Cagney, the only time Robinson and Cagney made a movie together, despite being the two leading gangster actors at Warner Brothers studios all through the 1930s. Smart Money was shot after Robinson's signature film Little Caesar had been released, and after Cagney's breakthrough masterpiece Public Enemy had been filmed but before it was released, which is how Cagney came to play, just this once, the kind of supporting role usually done by Humphrey Bogart later in the '30s.