Arbitrage Sports Betting 101 | Beginner Tutorial (with OddsJam Software)
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- Опубликовано: 12 июн 2024
- 👋🏻 Hey guys! In today's video, I go over an arbitrage betting and positive EV betting tutorial. This course is a full introduction to arbitrage betting, going through what arbitrage software you need to perform arbitrage and plus EV betting as well as go through some real examples of arbitrage opportunities with OddsJam and things you need to look out for. This uses the concept of arbitrage sports betting (sportsbetting) and takes advantage of sportsbook/ bookie mispricings. Hope you guys can find it insightful but please do more research first on arbitrage/ positive EV betting and make sure you understand the maths before betting any of your actual money.
🏆 🏆 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗜 𝘂𝘀𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝘃𝗶𝗱𝗲𝗼: 𝗵𝘁𝘁𝗽://𝗯𝗶𝘁.𝗹𝘆/𝟯𝗖𝗽𝗷𝗥𝟰𝗕
Use the code: SHANE25 for 25% off your 1st month.
⭐️ Contents ⭐
⌨️ (0:00) Introduction
⌨️ (1:28) Finding Odds with Odds Scraping Software
⌨️ (3:23) Betting Locations / Available Sportsbooks
⌨️ (4:28) OddsJam Software Plans
⌨️ (7:00) OddsJam Software Setup
⌨️ (8:53) Working with multiple sportsbooks
⌨️ (12:30) Finding the fair odds
⌨️ (25:00) Arbitrage Calculator Tool
⌨️ (29:55) When can you find arbitrage bets?
⌨️ (32:03) Live Arbitrage Bet Demo
⌨️ (40:26) Tracking your bets efficiently
⌨️ (43:40) Positive EV Betting Tool
⌨️ (45:51) How to size your bets?
⌨️ (49:22) Positive EV Bet Demo
⌨️ (54:55) How much can you expect to make?
If you enjoy this video and want to see more about arbitrage sports betting, 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 Engineering and Commerce graduate from The University of Sydney and will be becoming a full time quantitative trader soon. This channel is dedicated to mathematics, arbitrage sports betting, and personal finance. I hope you can find this useful! Enjoy!
Website: shanehuang.com.au/
Instagram: / shanehuang88
Free Betting Discord Group: / discord
✌️ Remember to SUBSCRIBE! See you in the next one! / shanehuang88
⚠️ DISCLAIMER: Shane Huang receives cash compensation from OddsJam and for sponsored advertising materials. Shane Huang receives affiliate commissions from partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This video is not gambling/ investment advice - while the strategies and math I teach and the tools recommended will provide an advantage, there is still user error and luck involved when it comes to betting which can lead to losses.
These videos are for educational purposes only and I am not guaranteeing any gains or losses from using the betting methods I talk about.
The strategy and training make it easier and give a chance to try something new in Trading and Betting
Thanks for sharing your experience Shane. All the best!
The editing and production quality in your videos is top-notch, I always look forward to watching your new uploads
Thank you! 😊
Subscribed and liked. Nicely done
“Tutorial” aka a 1 hour sales pitch for your affiliates that will pay you for the people that sign up after watching your videos 😂😂😂
If you live in Australia you have no other platform except rebel betting but you need accounts overseas. He is doing this to show those how one can make money. Who cares if he is getting a commission or not. Its no different to those on youtube demonstrating any software used in tutorials. Photoshop, elementor, premiere, etc etc 1000s of apps out there where there are people teaching others how to use it. It doesnt mean they are getting a kick back for doing so.
Hi Shane! Thanks for creating this! How much did you initially invest till you got banned from the betting sites?
Hey Shane thanks so much for posting this info! I was wondering if there is any difference between this course and your $150 course on your website? Thanks!
The $150 is just a package of the strategies for Australia (just 1 explainer video) - The actual course includes the package as well as 5 2hr or so recorded lessons. :)
Shane what's your telegram username or group link
Hi I can help you to find high percentage Arbitrage Betting tips.
What about using a vpn to access other sites? Are there risks with that?
Hi Shane, thank you so much for this series of videos. Keen to start arbitrage betting. One quick question though: if my accounts get suspended, can I still withdraw all the money left in my sports book's balance or do they claim that as some sort of penalty?
Yes mostly you can
@@ShaneHuang88Mostly?
Hey Shane I was wondering if this free video on youtube provides the same info as your paid course on your website?
Hi Shane, I am thinking to start arbitrage betting, How much money do I need to get started, and how many bookmaker account i should have!!?
hi shane,tanks for the videos,i tried oddsjam in italy but there with the option "other country of europe" i get a lot of bookmakers that i cant use there is a way to solve that?
Great video Shane. If you had say a $1000 bank-roll, how much time do you have to commit (i.e. hours per week) to make back the $200 per month on OddsJam subscription? With arbs of 2-3% I can imagine you'd have to be doing this most days of the week. I guess you make more money overall from positive EV then?
Hi I can help you to find high percentage Arbitrage Betting tips.
@@skgaming530how
@@skgaming530how
Why do you claim that if you calculate the no-vig odds from pinnacle (or any other site) that the odds you get correspond to actual probabilities of the possible outcomes? I dont see the direct link between numbers placed in the betting sites and actual probabilities.
E.g. in this case, why do you claim that pinnacle can be used as reference for true odds calculation? To me this would only make sense if we used the biggest bookie assuming that their odds are closest to the true event (but we know that bookies adjust their odds according to how people bet, thus, again, moving away from the true odds)
I've tried this ARBITAGE can not get the same results as shown on the site exp. +500 $10. bet shows $60. pay out when it is only $50. explain?
Hey Shane, how much money do I need to start?
can you make a video of how to create the excel to track the wins and losses of each trades and the columns of different games.
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Hi shane , can i use this strategy in binary options trading or there is no arbitrage chances in binary????
Hope you replay!
Kindly share your contact i want to start binary
Why are you getting banned from the different sites? Are they monitoring betting patterns or profit patterns? and do you know a way around it?
Bro I want to bet but I live in Florida do you think it’s possible to use a vpn?
what if every time you do arb and make money you try to lose three plays in a row with small money to look like your just gambling ?? can that make it so you wont get banned or blacklisted
It's all about total earned sum regularly. If you are successful each week regularly then losing even many small bets won't bother them at all and they will still simply ban you. It's bs but hey how else they make billions.
@@RighteousUncle how can i not get caught
@@advanceddmttrader7145 I wish I knew.
Can you get banned? if yes under which circumstances? and will they remain with the money in your account if they bann it?
I live in Las Vegas . What’s the likelihood the books will limit or prevent you from betting when you place these bets in person?
Why would you want to make these hundreds of Micro profits transactions in person when you can make them in the comforts of your home?
Would that even work? The odds could change by the time you get to the next casino...
@@commonsense3921 to stay under the radar, because you eventually will get banned doing it on an app cause its easier to track
How long can I expect to not get limited with arb betting?
starting bankroll: 1000$
general idea is good enough like a week, a month , a year ??
also oddsjam published the video 10k$ in a week using welcome offers
How much do you think we can make practically using sign up bonus in new jersey? 5k ,10k,15k or like about 2-3k$?
(initial bankroll: max bonus amount allowed for the bookie)
You need a bit more than that to start - you can probably make about 5k from the deposit offers if you use correctly
If I just wanted a small amount of passive income daily, what would you recommend for a starting bankroll? I'm not looking to make big bets that will get me limited
How’s it going so far?
Thanks for the video it explains a lot. My question is,what do you do if you're betting accounts are restricted . Is there a plan b.
@@_Shane_Huang88
Hi Shane ,I am interested in your betting method,I'm looking for a long term sustainable way of doing that.
hey michael I have the subscription of oddsjam I can help you.
@@michaelcushnahan7250
I really wanna try this. What would you recommend per play if I had 4 books with 1K each? I was thinking $100 on the + money side. Also I’m concerned with constantly transferring money from one book to another if an account get too low. Did you have any experience with this issue? Thanks
that sounds like a good start - yes you will need to transfer across which is fine - just takes a day or so
Some books keep 10% when you withdraw money :(
It possible to use Oddsjam software in Asian country?
The 7 day free trail is not a free trail because they take your money instantly.
What do you mean?
When applying for free trial the still charge your card
Yes this is the problem I'm having. I don't have the couple hundred rn to pay for the sub but I'm assuming they just refund the money if you cancel the trial. You still have to pay regardless
If you look at the terms of conditions at the bottom of their site it says "If you do enter your billing information when signing up for Free Trial, you will not be charged
by OddsJam, Inc. until Free Trial has expired. On the last day of Free Trial period, unless you cancelled your Subscription, you will be automatically charged the applicable Subscription
fees for the type of Subscription you have selected." -- this is in Canada. I haven't pulled the trigger yet as I'm still researching but if you have been charged instantly it seems like a violation of their own stated terms
That’s so Shiesty
when i sign up and tring to do free trial it gives me error
can I use this with draftking?
Can you demonstrate this using an android phone please
Hi Shane I have watched the video and signed up to Oddsjam. I have noticed that my layout doesn't look the same as yours when I'm looking at the EV screen.There's also no option to just view Australian bookies like you had in your video, am I doing something wrong here? I also noted that at about the 53 minute mark that the example you were showing was actually an Arbitrage example rather that an EV. How did you determine that between the two possibilities ?
What is the point of arbs brother when your accounts will get limited in a short while?
Never take money out of a bookie account. Shift it over to your exchange and always leave a little profit for the bookie. They will leave you alone then. You might get a smaller profit in the long run but only by a little.
It is not sustainable - yes but it’s a bit of free money that is nice to have
@@MasterBlaster3545what do you mean by trf to exchange?
Can we have one course for Arb betting;one course for matched betting etc . That way it’s easier for us to follow
Doest it works in India. Please reply sir
How much stake do i need to start to have a decent profit, is it worth to pay VPN for it?
you need at least a few thousand - a vpn wont work if you do not have an address in that country and id
@@ShaneHuang88 shane, do you have any idea if i can access it in US(MD)?
@@ShaneHuang88 what if i start with $2,500?
@@ShaneHuang88 So if i do have citizenship and a country address, theres no risk to using VPN?
is oddjam only useful for americans bettors? or does it work for australians bookies as well? theres not much good promotion for aussies bookies unlike americans . if only I can open account in usa thats gonna be awesome specially the amount of bonuses that they offer is so great
How about football odds higher sir possible draw ?
Can I use Oddsjam in australia?
Is the WIN ANY BET website the best way to sports bet? Has anyone in here tried it ?
Do I have to declare winnings in Canada on taxes?
No
Thank you for the knowledge but I had no idea the video was a lecture on how to use a software. I'm in Africa and the video doesn't seem to be helpful. I was expecting to learn how to do arbitrage betting using two or three bookie sites...
Hey Shane, is there a way to get in contact with you to shortly discuss an all-in-one arbitrage solution that was developed for betting community?
Hey BROSKI I'm interested can ya lemme know about it?
Any reason why you only bet on 5% or higher EV bets?
not worth the time and risk
How do betting websites select who gets banned?
Algorithms. Essentially winning accs get banned
Pls do a video for crypto arbitrage for me
Sir help me how to bet draw
bro did no even talked u need to be fast at arbitrage betting and u need to constantly refresh oddsjam and you need to desposit money fast too coz odds changes
I know. You have to be fast at both ends so you don't get stuck. You need a lot of free time and are constantly refreshing pages. It's really isn't worth it unless your bankroll is very large. And you need SEVERAL sports books accounts.
Hello I am from India and in India these betting app is not working so can you give me tips about Indian betting app for arbitrage
Better read some books on the topic. Btw 1xbet works in india
How many arbitrage bets does Oddsjam find on average per month?
@@Shane.Huang. thanks, unfortunately i realized that the amount of bookies they cover is not enough to make even ev betting viable
By any Chance, do you know if Australia permits non residents to place bets if the IP adress Matches?
Bro can I also try this in Africa pliz
This is too much to take in😂😂
Hey Shane! I'm located in Texas, where sports betting isn't legal--is there any way to still do arbitrage/positive EV betting? Could I use the address of a friend who lives somewhere where it's legal?
I currently live in UK and back in Canada for the holidays. I use NordVPN so I can access some UK betting sites.
@@MathmeticianNerd When you signed up for the UK betting sites, I'm assuming you had to use your UK address?
@@ryanbrown7990 Yes. I used my UK address.
Ok
Does anybody have expirience with this in Europe (croatia,serbia,slovenia??) If yes let me know please
if there is a tax on the betting amount, what would be the formula?
It is tax free.
The tax worsens the odds.
You need a minimun gross profit of 1/(1-tax%)-1 to break even after tax.
You bet $100 with a 5% tax on winning bets --> You need a return of minimum 5.26% to break even, because 105,26 -105,26 *0,05 = 100.
@@ShaneHuang88
It´s not tax free everywhere.
Here in Germany their is a tax of 5,3% on the payout of winning bets since 2012.
This pretty much kills arbitrage betting here. You need big profits % to break even after tax and bookies usually fix these " big blunders " really fast.
So, does this mean that you should be looking out for positive EV bets with an expected profit of well over 5% in order to make any decent profits in the long run?!
Been checking the arbitrage system. Why do most calculators only have 2 stakes? When I tried put 3 stakes as a win, draw, lose from the highest odd I'm getting from odd jams it gives -$ profit. Does doing a win, draw and lose not applicable for arbitrage betting?
can only bet on either/or type bets. cant split the profit 3 ways. only win-or-lose type bets
@@mangoleeallan So need to find a match that only has win-lose results for this to work?
It can still work 3-way, even 4-way
hey...is ther any betting tips u can provide excep arbitrage...here am not getting any risk free bets...we are not in same region
@@_Shane_Huang88 send me the link plzz
@@_Shane_Huang88 ...sorry ...I got it
with such small profit payouts how is anyone expected to earn a decent bit of money off this?
3% on 100 isnt much. 3% on 10.000 is quite a lot.
Lets say you use 8 hours to find 2 bets per week. Thats 8 bets per month. With 10.000 and 2% that means a profit of 200 per bet and 1600 per month. This compounds very hard. Around 250% per year.
3% on 100 isnt much. 3% on 10.000 is quite a lot.
Lets say you use 8 hours to find 2 bets per week. Thats 8 bets per month. With 10.000 and 2% that means a profit of 200 per bet and 1600 per month. This compounds very hard. Around 250% per year.
Hello Shane
I bet you make more money from selling OddsJam to people than you make in betting 🤑 How about making a video which doesn't include peddling expensive softwares? If it is really just maths.
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so this is just an ad for the app .... not paying 34 dollars a month
Why Arb if +EV is better?
As far as I understand there is still some risk in +ev, but that's why it has better numbers
Less risk
I'd love to get into this, but the $200 monthly fee is a bit steep!
hey lary will you I have the subscription of oddsjam. I can help you.
@@anirudhapanwar6019can u also help me?
@@anirudhapanwar6019hmu
Would a VPN or proxy allow you to bet from anywhere?
Sportsbooks can recognize them
Dont bother your account will be limited within 1 week.
Yes correct. Arb is a waste of time unless you watching a live game and catch the odds at like minimum 4$ on each side
It depends how aggressively you do it. 1 week is very rare and probably implies you didnt size correctly and got caught quickly
keltics? 😔🔫
has anyone actually made money from his tips ? or is it just a scam?
im pretty sure its a elfin scam. his videos always lead to no points but the course and odds jam. odds jam is also a scam. worthless stuff. (no I haven't lost money) point being I can see right thru the bs.
what is an "elfin scam" ? I looked up but could not understand it@@jayvercetti8495
Yeah its very much possible, i know nothing about oddsjam, but the mispricing in general surrounding betting websites can make for profit, nothing different than what hedge funds do with options and other investments they do tend to make profit from, just a different market, usually with sports-bets theres staking caps and what not and possible bans on websites if you win consistently, nice way to learn more about what people like them actually do, but in the stock market as opposed to a betting agency. If you are trying to become a quant trader or something along the lines, then this stuff is a nice way to take what you learn in uni and applying it, but if not then I would suppose there are better ways of making money with the same effort put in. All in all, its free money (so to speak) for as long as your account can last
should indicate how much time and training it would require to actually become a profitable "trader" (because at this stage you have achieve professional level). The answer is several years. The competition with other traders and betting companies is HUGE and very though. If you achieve that you might as well work as a quantitative trader at a bank or hedge fund and make a lot more money risk free.
It is not simply you subscribe to this service, you scan a few "markets" and voila you can make several % per day. Overall your channel is very misleading in this regard.
Hi Shane
Do you have the method for baccarat game ???
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Bro, its pronounced seltics.
I bet arb . All my money went to pinnacle sportsbook (since only one bet can win ) . Turn out they charge 10% withdrawal fees. I made 2% and end up giving 10% . Stay away from this . This is really shady business
In that case I think the only option is to accumulate profits over several weeks and months.
What name your telegram sir I follow you 🎉