Follow the Smart Money

An investment practice in which one buys and sells the same securities as institutional investors and/or market insiders. Supposedly, these investments perform better than others because institutional investors and market insiders are thought to be better informed than most investors. Many analysts, however, dispute the idea that smart money is any "smarter" than that of the average investor.

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Alternatively you could follow the smart money - and according to Ben Walton of gaming software providers Game Account, some of the smartest money around has now got itself snuggled down in the online skillgaming sector.

The smart money is banking on skill; NETPROPHET

It started as a professional gamble on Comply Or Die, but now the public money will follow the smart money," Dillon predicted yesterday.

Horse Racing: DIE HARD; COUNTDOWN TO THE GRAND NATIONAL THREE DAYS TO GO Punters get stuck into Comply as Murphy takes ride