The Mathematical Truth About Sports Betting... | Sports betting explained

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  • Опубликовано: 1 фев 2025

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  • @ShaneHuang88
    @ShaneHuang88  3 года назад +2

    🏆 🏆 For those who do want to learn the trade and make money betting yourselves (like a pro trader) and be able to make on average $500/ week, then you can check out my 5 - part sports betting course over on my website at:
    Australia/NZ: shanehuang.com.au/course/
    USA/Canada: arbitragecamp.com/usa-course/

    • @OneVeeZee
      @OneVeeZee 8 месяцев назад

      do you have course for philippines pls can u mentor me

  • @OddsJam
    @OddsJam 2 года назад +6

    This is incredible, Shane!

  • @petermaingi7841
    @petermaingi7841 2 года назад +6

    Today have applied the strategy and have won, thanks for the teaching, keep the videos coming

  • @bernardorainha3233
    @bernardorainha3233 3 года назад +16

    Actually the fair odds are given by Pinnacle and the asian market. The betfair exchange often don´t represent true odds due to low liquidity on some leagues

  • @sebastianmoulin
    @sebastianmoulin 2 месяца назад

    Wow, this video was super informative! Thanks for breaking down the topic so clearly. Subscribed!

  • @PedroDuraes-qp6jb
    @PedroDuraes-qp6jb 2 года назад +14

    Hi Shane. Nice video but you cannot just say that whatever is in the exchange is the correct odd.
    The market can be misfit, specially betting live.
    This is a good video for punters though.
    While traders need to find EV within the exchange which is a different story and there's probably no mathematics for that since it come to your knowledge of the game and game reading ability.

    • @markchapman2933
      @markchapman2933 Год назад +1

      "you cannot just say that whatever is in the exchange is the correct odd.".
      This ^

    • @aFREEsportsbettingSYSTEM
      @aFREEsportsbettingSYSTEM 11 месяцев назад

      @@markchapman2933 I'd say that, plus saying the odds of a spread bet on NFL are 50-50 is a fallacy. If it is 3.5 at one casino and 4.5 at another, it can't be 50-50 both places.

  • @bloatyheadrob
    @bloatyheadrob 3 года назад +17

    I bet on UFC/MMA full time and have won 5/5 third-party tracked years. You can definitely still have a big edge.

  • @bettingsystemsguide
    @bettingsystemsguide 2 года назад +13

    Really great video! You explained the bookmaker margin really clearly. I have a question. For your +EV betting style you look for bookmaker odds that are above the fair odds on odds comparison sites (based on the Betfair back/lay mid-price as the fair price) and then just place one side of the arbitrage bet, and over the long term you will make more money than just doing arbitrage betting. I have a question, since this in effect means that you are placing lots of back bets, do you use any staking plans with this, or is it level stakes that you review each month and increase in steps?

  • @ParaEquinox
    @ParaEquinox 3 года назад +23

    Do one vid about betting in E-sports. There the teams have a great gap of performance, making it easier in theory to get a better result on long bets

    • @gregthomas6637
      @gregthomas6637 3 года назад +1

      +1 for the idea !

    • @mozi1423
      @mozi1423 Год назад

      Have you found out any edge over e-sports (fifa?) betting? I’ve been looking for on for over a year now

    • @ParaEquinox
      @ParaEquinox Год назад

      @@mozi1423 I've been betting on LoL and Dota Matches over this last year, Pretty positive because of the irregularity of odds between teams. But I think is more about the nature of the game, of being way harder to comeback

  • @deoudersvan1883
    @deoudersvan1883 3 года назад +2

    This is so diffecault for me to get it in my head, I use toto and it looks so much more professional.

  • @higirogodfrey8721
    @higirogodfrey8721 3 года назад +25

    Hello Shane how're you. Thank you for the Mathematical analysis of Sports betting and the highlight of the mistakes we make while we do stakes.

    • @ighalodennisebehiremen8384
      @ighalodennisebehiremen8384 2 года назад

      Hello Shane ..I love you and the brain 🧠 you have .. please how can I get your contact ... maybe WhatsApp or telegram name please

  • @johannerasmus8288
    @johannerasmus8288 3 года назад +4

    Same story...not just that but it sometimes takes forever to load with live bets 100% on point what your saying here

  • @jasonmaguffee6731
    @jasonmaguffee6731 2 года назад +1

    Where did you get that video of the guy on the floor with the chips? That was hilarious.🤣

  • @oddspedia
    @oddspedia 3 года назад +8

    Awesome content mate, keep it up 🙌

  • @stevethea5250
    @stevethea5250 2 года назад +2

    2:50 bet fair
    6:15
    9:15

  • @nwachinemere5695
    @nwachinemere5695 3 года назад +15

    I have lost so much money on betting, the little I have they have taken

    • @aFREEsportsbettingSYSTEM
      @aFREEsportsbettingSYSTEM 11 месяцев назад +1

      never too late to turn things around.

    • @MarkSserunkuuma
      @MarkSserunkuuma 8 месяцев назад

      ​@@aFREEsportsbettingSYSTEMSaid every compulsive gambler ever 😭

  • @user-st9wj2lo5p
    @user-st9wj2lo5p 3 года назад +5

    You’re such an expert 😳

  • @DerklugePlayer
    @DerklugePlayer Год назад +1

    Why is not everybody using the exchanges? Even with comission isnt it still better than the normal bookies?

  • @raphaelnyatuame5257
    @raphaelnyatuame5257 2 года назад +1

    Thanks for the true secrets of Trading and Betting. I highly appreciated

  • @BiciocIgor
    @BiciocIgor 4 месяца назад

    the video just changed my way of seeing things thanks

  • @EnvisionTutorials
    @EnvisionTutorials 3 года назад +7

    Profitability betters get limited more times than not you can’t bet everyday to be more consistent. Good short smart execution .

  • @CarlosGonzalez-pe9sn
    @CarlosGonzalez-pe9sn 2 года назад +4

    Hello Shane, I am really into your formula for EV, but I still don't get how do you get the probability... would you care to explain, please?

  • @christianrasmussen7670
    @christianrasmussen7670 3 года назад +5

    Keep these videos coming!

  • @barryrichardson3784
    @barryrichardson3784 2 года назад +2

    Hi Shane, how do you calculate the EV of a lay the draw bet?

  • @doxasticc
    @doxasticc 3 года назад +6

    This all makes sense, the only thing is when it comes to esports betting I very frequently don't view the odds on the betting as the true odds. They're constant best of 1 matches where the odds for the winning team are like 90%, when that isn't even close to the real odds. I find it's pretty easy to make a profit even with the fact that the bookies are scamming you. Maybe the same isn't for sports betting, maybe those are closer to the true odds. But with esports at least I very often see odds that just don't make any sense and can exploit it.

    • @cdoors7143
      @cdoors7143 2 года назад +1

      Very interested in applying +EV betting to esports. What platform do you bet on?

  • @simontshepomoloantoa4602
    @simontshepomoloantoa4602 3 года назад +14

    Hi Shane thanks my man about your channel.
    I'm an Arbitrager and I'm using 3 separate betting Account to play Soccer and I play 3 way.
    Account 1 Home win
    Account 2 All Draw
    Account 3 Away win
    And it works very good for me my brother. That makes it difficult for the betting house to accuse you of any wrong doing.

    • @aminumuhammad7666
      @aminumuhammad7666 3 года назад +2

      you will only get one out come then how do u make profit?

    • @nwachinemere5695
      @nwachinemere5695 3 года назад

      @@aminumuhammad7666 it works
      I know how to do it, but it's difficult to find arbitrage game. Bookmakers makes it difficult

    • @aminumuhammad7666
      @aminumuhammad7666 3 года назад +1

      @@nwachinemere5695 but the profit will be very low

    • @christianrasmussen7670
      @christianrasmussen7670 3 года назад +5

      @@aminumuhammad7666 you need to be consistent and patient.
      Even a 5-10% return everyday is a lot on the monthly basis with a decent amount of money invested.

    • @godwinakingbemi3034
      @godwinakingbemi3034 3 года назад

      You are endangered when the game is void

  • @awayfrom234........
    @awayfrom234........ 2 года назад +6

    Was winning a parlay with 25 something odds with god knows how many bets put together...my final bet to win the whole thing was the Argnetina vs Saudi Arabia game and ofc i put my money on Argentina...they lost like 1/40 games now and that is the game they lost 😂

  • @FeelFree3
    @FeelFree3 2 года назад +1

    I can see that people’s opinions is not equal to the truth, though they can change the odds, for eg. no matter how many people bet on the earth is flat doesn’t change the fact, just like some people believe some weak team in World Cup can win.

  • @Noizee
    @Noizee 3 года назад +1

    Awesome video man

  • @Arashhh85
    @Arashhh85 Год назад

    about the high odd events. It is not simply because the odds are higher. the bookmaker could have given you 8.5 instead of 6. So it is because bookmakers make the juice higher on higher odd events. mathematically it is the same if the bookmaker gives you more fair odds on high odd events (unlike the parlays in which mathematically the edges combine). is this true?

  • @jakemaxwell2800
    @jakemaxwell2800 3 года назад +16

    Only Bet on teams you are familiar with and games you are watching live

  • @brickies_laptop
    @brickies_laptop 2 года назад +2

    Hey Shane great video, could you use this method of splitting back and lay prices for finding true odds on horse racing?

  • @Shelley-eb6kz
    @Shelley-eb6kz 9 месяцев назад

    It would be cool for you to share an analysis of the Kentucky Derby

  • @jesusthroughmary
    @jesusthroughmary Год назад +1

    Charging a fee for services rendered is not "ripping anyone off". Sports books are a middleman.

    • @aFREEsportsbettingSYSTEM
      @aFREEsportsbettingSYSTEM 11 месяцев назад +1

      I agree. I think if you understand you are betting 11/10, and you feel you can best those odds long term, then how is it a ripoff.

  • @kriss1616
    @kriss1616 Год назад

    What if we don't have EV at KO and we wait for a better odd in play ? Is the same EV ?

  • @bimmbamm2543
    @bimmbamm2543 3 года назад +3

    hi Shane super video :)
    did you try betting on similiar odds diffrent games ?

    • @ShaneHuang88
      @ShaneHuang88  3 года назад +1

      thanks, but not too sure what you mean

    • @bimmbamm2543
      @bimmbamm2543 3 года назад

      @@ShaneHuang88 do you have a telegram channel?

  • @blacki.c.o.n5160
    @blacki.c.o.n5160 3 года назад +1

    Thank you so much keep on updating

  • @davidkinyanjui1905
    @davidkinyanjui1905 3 года назад +1

    Do you sell sure odds to your followers?

  • @adityasantoki6152
    @adityasantoki6152 3 года назад +1

    How do you bet in a state in the US where there are no sportsbooks?

  • @LorSke
    @LorSke 3 года назад +1

    The minimum odd must be 1.60/1.70? Or u can use this with any odds ?

  • @sithembisomngadi8532
    @sithembisomngadi8532 3 года назад +1

    You confusing me. How do you get the numbers you put under "Estimate" column I. e 9.2

    • @ShaneHuang88
      @ShaneHuang88  3 года назад +2

      average of the back and lay numbers - 9 and 9.4

  • @johnkatui4162
    @johnkatui4162 2 года назад +1

    I want to ask you more about betting

  • @drachenkonig5577
    @drachenkonig5577 3 года назад +1

    What are you doing so you dont get banned again ?

  • @amirnefzi4659
    @amirnefzi4659 8 месяцев назад

    Multi legs gives more bonus so ur math will be wrong on a 10 leg multi because for instance i played an 12 leg multi with 27 odds and 9$ bonus so total 36 dollar

  • @tarikalibasic4176
    @tarikalibasic4176 3 года назад +11

    I literally spat my drink out when I seen the “average Aussie” looses 1300 a year on gambling I swear haha more like 13000 a year

  • @simonoakley5102
    @simonoakley5102 19 дней назад

    Tbh I'm on bet fair and you allways get better odds because they take 5% of yr winnings on each bet so the extra odds is for them really

  • @leftovercrass5210
    @leftovercrass5210 16 дней назад

    Its all good and well until youre 30 NBA games in a row losing by one leg or one rebound..
    Why is it always the 1.12 player also? The bookies know

  • @Bettingtips-qf3qm
    @Bettingtips-qf3qm 2 года назад +2

    your assuming those numbers the bookmakers put out are always correct. But there not.

  • @leonardkyegon3608
    @leonardkyegon3608 2 года назад

    Will this help me today.

  • @simonoakley5102
    @simonoakley5102 19 дней назад

    Betting on correct scores is a big no no ..mugs game ..over 1.5 or 2.5 goals for mult bets better chance of winning

  • @leonzrd
    @leonzrd Год назад

    they might be a branch under the guys that run the show, so to keep the company profitable they have to charge a bit more to make a profit.

    • @leonzrd
      @leonzrd Год назад

      Its just buisness, from wholesaler to retailer.

  • @Bettingtips-qf3qm
    @Bettingtips-qf3qm 2 года назад +1

    What you neglect to tell people Shane. Is that if you beat the closing line. You are making profitable bets.

    • @Bettingtips-qf3qm
      @Bettingtips-qf3qm 2 года назад

      @Official_Shane_Huang88
      you don't agree?

    • @Logan-tx3lk
      @Logan-tx3lk Год назад

      @@Bettingtips-qf3qm in the long term your account will have a nice 0.00 balance.

  • @Excuse_The_Hebrew
    @Excuse_The_Hebrew 3 года назад +1

    Do a dfs video

  • @rob5615
    @rob5615 3 года назад

    Gday Shane do you bet on horses?

  • @fendz00
    @fendz00 3 года назад +1

    man im very confuse can u make private tutorial T_T

  • @mstii3712
    @mstii3712 Год назад

    The accuracy and speed of ArbAdviser's market analysis is unmatched - a game-changer for me!

  • @willmayweather
    @willmayweather 3 года назад +4

    Hahaha I’m sure you bet on SGM too with no lay approach by the look of your video.

  • @x-ibitwarren2519
    @x-ibitwarren2519 3 года назад

    Do you sell odds

  • @bodycountplays2915
    @bodycountplays2915 Год назад

    I'm in one or them betting groups lol, the amount of times I see bets with like 20+ legs I just cringe, it's funny that it's usually AFL too

  • @Nazi171
    @Nazi171 2 года назад +1

    Actually anyone tried this guy out some people talk about sports arbitrage and end up being scammers?

    • @SneakoV2
      @SneakoV2 Год назад

      dont know wtf ur trying to say but this guy def makes malicious videos by painting arbitrage betting as some godsend in order to sell his scummy courses to idiots

  • @kirtybee2907
    @kirtybee2907 3 года назад +1

    Good vid

  • @jazzyTravelz
    @jazzyTravelz 3 года назад +1

    Hahaha… by all means do whatever u want… love that comment

  • @АлексейБарышевский-ч2ч
    @АлексейБарышевский-ч2ч 10 месяцев назад

    По каким ресурсам ставиш

  • @samuel-jx9zd
    @samuel-jx9zd 3 года назад

    Hi shane I can't get anything kindly help

  • @donttrip891
    @donttrip891 2 года назад +1

    Won plenty of 10+ legs brother so definitely not a hard task, you just need to watch more types of sport by the sounds! Just pick the shit you know! Also don’t do head to head bets on soccer, waste of money when many games end in a draw. Get good cuz.

  • @birdfeedercamclassics7480
    @birdfeedercamclassics7480 2 года назад +1

    Great game

  • @dojatumpi2406
    @dojatumpi2406 3 года назад +2

    Makes sense

  • @AntonySelvoire
    @AntonySelvoire 6 месяцев назад

    Profitable bettors often face limitations, making it difficult to place bets consistently every day and maintain steady profits.

  • @th_bessa
    @th_bessa Год назад

    So we should become bookies instead. Got it!

  • @rich9536
    @rich9536 Год назад +1

    Idk I used my free bets on some big parlays and got paid pretty well.

    • @ShaneHuang88
      @ShaneHuang88  Год назад

      luck haha

    • @rich9536
      @rich9536 Год назад

      @ShaneHuang88 probably but I like to think that I have skill analyzing all the stats of nba players lol

  • @matthewnovik4050
    @matthewnovik4050 2 года назад +1

    why can't you just be a book?

  • @salimramadhani740
    @salimramadhani740 2 года назад +1

    good

  • @pierdelduca4706
    @pierdelduca4706 Год назад

    Is there someone who can explain me how it works? He doesn't explain practically how it works

  • @mpc9144
    @mpc9144 3 года назад +2

    Mathemagic 🥺

  • @KvmWRLD
    @KvmWRLD 2 года назад +1

    Tell tht to the people living off it lol

  • @mdkashif390
    @mdkashif390 Год назад

    @James Please add me to that list, looking forward to it. I have been thinking of getting into this day trading thing and it seems I have got a true mentor here.

  • @MDRubel-tn6ob
    @MDRubel-tn6ob 3 года назад

    Hello bro today apded

  • @davidking6351
    @davidking6351 2 года назад +22

    Increase your bets every time you lose so your next win puts you up then drop down to your starting bet again. Been winning for 35 years. ONLY HALF YOUR BETS CAN BE ON THE FAVORITE. You're welcome

    • @Junglebtc
      @Junglebtc Год назад +2

      Awesome advice 😅

    • @markchapman2933
      @markchapman2933 Год назад +11

      LOL Although increasing stakes works the vast majority of times, eventually a long losing run happens and you either run out of money or bet thousands to get back to the break even mark... in order to start betting peanuts again. What a waste of time.

    • @ronena2476
      @ronena2476 Год назад

      ​@@markchapman2933you cant lose 20 times on straight bets it's 50%

    • @Eric-yn6ur
      @Eric-yn6ur 6 месяцев назад

      @@markchapman2933That's why you have a set stop loss in place. Like 1,2,3,6 and then take your loss. I like 1,2,3 with my first bet being the favorite bet, then my 2nd being 2to1 and 3rd being 1.3to1. or +200 and +130.

    • @Eric-yn6ur
      @Eric-yn6ur 6 месяцев назад

      Do you have a limit of how many bets you'll chase? 1,2,3,6 ?

  • @QVelle430
    @QVelle430 3 года назад +2

    Ok, what exactly is 50-50 bet? Help me out please, anyone.

    • @yesman8074
      @yesman8074 3 года назад +5

      50/50 bet suggests that there's a 50% chance you lose and a 50% chance you win. The same with flipping a coin. However, fair odds suggests that your bet has to be multiplied by 1 if you win but the bookies give you -115 odds on either side which means you have to wager 115 to win 100 so you have a 53% chance of winning which isn't true since it is 50%
      So that 3% on either side is the "vig" or in other words the edge that the bookies has
      53% + 53%= 106%
      106%-100% =6%edge for the bookies
      Hope this helped.

  • @PreciousOlopy
    @PreciousOlopy 2 месяца назад

    Hello

  • @stevencarrier5393
    @stevencarrier5393 2 года назад +1

    let me guess..... you are going to start your show with A COIN TOSS STORY?????????????????????

  • @Skmskmskm-t7z
    @Skmskmskm-t7z 2 года назад

    Play and earn daily 3 time free

  • @azimsameja8919
    @azimsameja8919 3 года назад +2

    🇰🇪🇰🇪❤️👌

  • @mangeshingale6387
    @mangeshingale6387 9 месяцев назад

    Jion group

  • @ll-sr9tp
    @ll-sr9tp 3 года назад

    看你id好像是华裔,出点中文版呗

  • @JJ_11111
    @JJ_11111 3 года назад +1

    Give me big odds and i buy you new car

  • @travelandearnmoney
    @travelandearnmoney 10 месяцев назад

    true, all is about math, lucky I can use pre-game hedging in my country in exchange and ordinary bookmaker in one time

  • @Astroproducts.i
    @Astroproducts.i 3 года назад

    How I can contact u ,

  • @johnkatui4162
    @johnkatui4162 2 года назад

    Can I get your contact

  • @vutrantuan4339
    @vutrantuan4339 2 года назад

    telegram nickname gi???