Yes, sharp bettors can significantly influence market prices. Sharp bettors are often considered to be knowledgeable and skilled gamblers who utilize advanced analytics and insights to identify value in betting lines. When they place large wagers on a particular outcome, sportsbooks may adjust their odds to mitigate potential losses, leading to a shift in the market price. This adjustment is not only a response to the specific bets placed but also an attempt to manage overall risk, as the sportsbooks strive to balance their books to ensure profitability.