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Learn how to make money sports betting, no fluff. Alex (bio @ bottom) outlines key concepts to become a more profitable sports bettor, such as line shopping and identifying inefficiencies in sports markets in the US.
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Alex graduated from Stanford and previously worked as a quantitative trader on Wall Street. He’s currently the cofounder of OddsJam.
Video description:
In this video, we discuss that sports betting is a financial market, just like the stock market. Odds are not static and are determined by supply & demand. As new information enters the sports betting ecosystem, odds change. As an example, if Kevin Durant gets injured, the Nets moneyline odds may move from -200 odds to -120 odds, as the Nets are less likely to win the game.
We next outline line shopping and the importance of having multiple sportsbook accounts. Since sportsbooks have different odds, set by independent models, you need multiple accounts to become a profitable sports bettor. As an example, if you are located in New Jersey, you have 15+ bookmakers to choose from; ideally, you have them all. Getting the best odds (e.g. +200 instead of +185) adds up to a lot of money in the long run, as the whole goal as a profitable sports bettor is to identify discrepancies in odds.
We next outline bookmaker limits. Sports betting is not scalable. That is why “professional sports betting” is a career path that attracts 0 smart, technical people. It’s a career path where your earnings are capped. For that reason, you should never, never trust somebody who claims to be a “professional sports bettor.”
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I started with about $250-300 bankroll and I'm at 814.13. Trying to learn more to keep this consistent. I won a decent amount on some parlays but I'm pretty much not doing them unless they're insured.
I live in Australia, would you say our sports books would follow some of the same odds as the sports books in the US?
Hey, Alex figured I won’t make a million, but the winnings I have with just a couple of the sports apps I’m on my way to Vegas to use the bonus on some others.
I think it is more real because if you really wanna be rich, you have to work hard.
Quit telling everyone about oddsjam .. if everyone knows, it won’t work for us anymore … there’s already 20k of us chasing the same goddamn bets everyday
Everyone betting on luck😤😤
Betting is actually simple maths that not many know about
Did you know that you could bet on three football matches to not all draw and still make money.They are alot of ways and possibilities to add to increase your bonus,this is even without special odd boost on some games.
Many will say it's impossible cause of poor value..if u put maths before luck,you become a champion and get blocked by your bookmaker
This isn't fiction,it actually works
All u have to do is eliminate poor value and keep the eliminated possibility almost impossible to attain
I’m in Arizona so why don’t I just give you 25K-$50K and let’s bet on my account.
No risk to you and you keep 10% profits. Haha
earned a new sub within 3 minutes of the video. no bs no fluff plain and simple to the point I love it keep up the phenomenal work I'm about to binge your videos
What about at the casinos? Do they have limits over time after winning consistently?
I legit use basketball knowledge and news
Do you have a method of tracking sign up bonuses that you would recommend? I've only signed up for DK
Please can I get daily betting tips
Thank u one of a kind
New members for American gifting community needed…global
How does one bet if they live in California?
When you talking about limits, I understand you pretty well because Bookies in Europe has the same model. But what is about pinnacle or orbit exchange? They don't limit you. Is it there scalable in your opinion?
Sir I can invest your money you will share your profits
You didnt lie there was no fluff, straight to the point
You should start a Patreon I would pay for this content and great information
man you've helped me so much ! please continue to share these amazing tips.
Good information 👍
Have you backtested these strategies with extensive historical live game data? Or is this anecdotal
Any way to make break even bets? I'm looking to just gain casino status by making tons of break even bets
Possibly pick winning team in 4th quarter blowout or whatever. I only see point spreads though
Here’s a question I’m not sure I wanna try but I considered is if a favorite is up by 25 at halftime in nba and you can grab the underdog at like +30 points. Is this yes or no. I just think sometimes they catch-up to being only down by ten at some point more often than getting beat by 30-40 points.
??
I tried the basketball try get both at plus on moneyline. Can work sometimes but other times one team will run away with the game. So i didn’t make money doing that. I feel like better just to stick with one team. Favorites better than closing line. Gets lotta movement in second half for fewer points down.
Like this video if you are going to try this strategy out on the next game you're watching!