What is Positive EV Sports Betting? (Better than Arbitrage!) (using OddsJam)

👋🏻 Hey guys! In today’s video, I explain what is Plus EV / Positive EV sports betting (sportsbetting) and in the end got banned. I utilise plus EV / positive EV since after trialling many methods, I found it was vastly superior to arbitrage betting and allowed me to make a lot more money. I explain all about +EV betting in this video with some examples and also arbitrage betting examples as well. Hope you guys can find it insightful but please do more research first on positive EV betting and make sure you understand the maths before betting any of your actual money.

🏆 🏆 For those looking to learn more about risk free arbitrage betting/ positive EV betting in the United States, I would recommend using a odds comparison tool that I mentioned in the video- OddsJam:
This is the equivalent of Bonusbank (Australia) but OddsJam is specifically made for US based sports bettors at the moment. To get 25% off your first month for OddsJam:
1. Sign up using this link here: https://oddsjam.com/?via=shane
2. Use the code: SHANE25 for 25% off your 1st month.

If you enjoy this video and want to see more about money or university life, please leave a comment down below saying what you would like to see next and any new video ideas are always appreciated!

🙋🏻‍♂️ Who am I?
My name is Shane and I am an Australian 4th year student studying Engineering and Commerce at The University of Sydney. This channel is dedicated to studying tips, money and insights into college life. I hope you can find this useful! Enjoy!

✌️ Remember to SUBSCRIBE! See you in the next one! https://www.youtube.com/channel/UCopbRLB1qmmd7VmkfP_hyvQ

DISCLAIMER: Some links in this video description are be affiliate links. If you purchase a product using one of these links, I may receive a small commission at no additional cost to you. Thank you for supporting the channel!

20 Comments

  1. Olympiakos Chrysler

    Does odds jam apply for aussie bookies ? Thanks.

  2. Olivier van Gelder

    There is one thing i dont understand. With arbitrage betting you place 2 bets on different betting sites with the best odds. But what if the game ends even? Or do you place 3 bets?

  3. komuk corporation

    Can arbitrage use in roulette bet?

  4. abstractAZZi Magazine

    I’ve been down this path and there’s a couple of extra points you should’ve raised? 1. Opening accounts with overseas bookies is risky, as a lot are tax haven based. Firstly you lose on currency exchange rates just getting your money in. 2. Try getting your money out, time delays are part and parcel. 3. You can’t complain to the ACCC if they rip you off. 4. Getting your bet on in time takes time. You have to log in find the match, which can take a few minutes, only to find that the odds have changed. 5. Overseas matches are in another time zone and you find yourself being up all sorts of hours. Sounds good in theory, but in the end I gave it away, as too much hassle and added risk IMHO

  5. TERRY3497

    hello Shane and guys, does anyone heard of any parimutuel games for football?

  6. C

    Is there a UK equivalent of this?

  7. Tidal Acc

    easily one of my best investments

  8. Phann Ny

    Most of the online sportbooks dont work for cali resident.

  9. Biggi Joe

    What is anti correct score betting

  10. Oluwadamilola Hammed Ogundare

    Brother, nice content. If you have any betting stakes, you could sell and make money due to your calculations. If you are currently making money off betting fuel to this, I'm interested if you have betting stakes.

  11. Ibrahim Khan

    another one of these oddsjams youtube dudes, fuck it

  12. Okwudu Chinedu Emmauel

    Just being careful pays

  13. Cristian Micu

    FUNNY VIDEO any professional sports bettor this guy is calling him arbitrage bettor, while he is the ev bettor, putting all his bankroll on head or tails because he THINKS HE have ev on one or the other,ignore the logical and proven win and go like a headless chicken on black or red with his whole bankroll eg 9$ , because his smart ass thinks he has ev on that bet. gg. actually the pro, calculate the correct odds even before the sharp bookie, and then the sharp bookie adjusts his markets to THAT PRO

  14. zacharycat

    Wait, I thought in your last video you said you were banned from all the betting sites. So now you work for one?

  15. Steve Wickline

    I've been doing something similar with futures for a decade. I only take spots that are +10% ev or greater. I've been doing everything by hand the entire time. Its very time consuming but well worth it when you find the right spots and can get large amounts down. Some books will limit you after a while though.

  16. Bouf daddy

    Hi shane I have a question

  17. Kazdot

    I'm running into trouble with the idea of calculating the probablity of each of two teams winning a game as 50%. Yes, with a coin toss there is absolutely a 50% chance of getting either outcome, however I don't think the odds are equal when it comes to sports events. Yea, there are two possible outcomes, so in that respect it's 1/2, however I hardly think a healthy Phoenix Suns team has the same chances of winning as a healthy Houston Rockets team (they currently have the best and worst records in the NBA). Would it be better to use some sort of win percentage weighting to make the calculation (The the two percentages should still add up to 100)?

    My calculations would put the Houston odds at 23.38% and the Phoenix odds at 78.62% if they were playing each other today.

  18. Niall G

    The question I have is how to find +Ev/arbitrage bets in the UK. There are plenty of sites offering needless ‘tools’ for a premium membership, but what I really need is something which finds the lines or at least indicates the possibilities.

  19. Niall G

    Whilst understanding the mathematics, finding these positive ev scenarios is extremely difficult, plus it won’t be long before your account gets heavily restricted or shut down by the online bookmakers.

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