How Much Money Do You Need to Start Arbitrage / Positive EV Betting?
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- Опубликовано: 13 июн 2022
- 👋🏻 Hey guys! In today's video, I explain how much money you need to start Arbitrage / Positive EV sports betting (sportsbetting). Ultimately, there is a recommended starting bankroll for learning and a separate bankroll for those who want to make profit. I also go over how much money you can expect to make through arbitrage betting based on your bankroll. I go over concepts like bankroll, Kelly criterion, risk and bookie deposit bonus offers using OddsJam. 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.
🏆 🏆 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: OddsJam is specifically customised for US based sports bettors. To get 25% off your first month for OddsJam:
1. Sign up using this link here: bit.ly/3CpjR4B
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 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.
I actually enjoyed your content. It wasn't over stimulating with noises just got straight to the point. I think I finally understand Arbitrage, betting now because of you, thank you
Congratulations on 100K+ subscribers Shane!
You guys are doing a wonderful job. Continue with a good job
Love your vids man. Any advice for europe? :)
Great stuff!
6:00 Normal Kelly - the biggest profit, the biggest variance, so most dangerous.
If you want to play KC, use 1/2 kelly, it’s much safer...
let's say I have a bankroll of 10k and I cant find one opportunity of 10 +EV a day, what would be a good percentage to bet with? I have looked it up online and they said you should risk 1-3% of your bankroll but I find 1% to be very very low...
When value betting and using a service is there a strategy for selecting bets offered or is it just a case of doing MANY bets?
Love this vids
Do you have any tips / alternatives for the European betting market? Oddsjam has very limited options outside North America 😢
I feel like you're a casino agent
Awesome vids on your channel Shane, thank you, just have a few questions.
How many times per week to bet and don't get banned?
I will get ban if I bet like 7-8k+?
Have a nice day pal.
Yes, if you bet to much you will be restricted, but you should know restriction is inevitable if you are a winning punter so the strategy I follow is just maximise and get the most out of it early.
@@ShaneHuang88 please 🥺 I really need your help on betting I have been losing lately
Can you help me with $100
@@ShaneHuang88 hello sir
@@ShaneHuang88 what's your telegram line man?
I’m in Las Vegas and there are too many sport books to count. How many should I sign up for?
Any chance of giving out the spread sheet template you use? Really love the layout, and want to keep a good ledger of my bets as I slowly get into it
Your sports betting course has both arbitratage and positive ev betting included? Either way, thanks for these videos they are clear and well done!
video suggestion: ev with different hands in poker against ur opponents
Hi Shane, like you, I am in Oz at present, so I presume then that OddsJam is not yet a viable option, correct? If so, please update me about your course and own solutions. Thanks mate!
It is and it's 200 a month
What could we use for Australian sports?
What are you using for comparison at 2:55?
curious if this is limited to the state your in (California)
how do i know weather to do over or under when positive ev betting?
How do you strategize in horse racing?
First comment
Love from Bangladesh 🇧🇩
Where Betting is ban 😁...
Vhai arvitage betting koren??? Site to sob pai na
What do people use in Australia instead of oddjam?
@Shane Huang Can i buy your course even if i live in italia? (my english its not fluent)
Yoo Shane how do you find your ev bets.
I wish you covered the actual process of making bets as it takes quite a bit of time to place all the bets and usually by that time the odds have already changed (I really doubt that you place all your bets by hand, you are probably using an API to semi-automate the process)
What I don't like about arbitrage videos such as this: all sounds good on paper, but very difderent in actual practice🧐
Takes the fun away
Yeah. Real talk ve been using arbitrage to bet and i bet around 10-100$ per bet and sometimes you really cant avoid odds changes. Im just lucky that i found a site where the gain percentage is usually in the 10% or higher.
@Trollnix2 which site? 🥺
I just went to the site to chech it out but i didn't saw an arbitrage tool in tools
You got to be fast as hell to do this because about time you find the positive ev value, look at the calculator to find the amount you need to bet in calculator and place it, it'll be changed..😂😂😂
How exactly would this get you banned? wouldn't you only get banned if you consistently win on one site? If you're betting on multiple sites, and you're guaranteed to lose one of the 2 bets, won't it just look normal over a period of time?
Exactly, you win some, you lose some. Normal behavior, I think the thing that gets suspicious is when you use decimals. Then they know something is off especially with $10+ numbers
@@KaiserRuiz ah i see so if you bet $100.73 they’re prolly like ??????? lol but i do that all the time because i like having an even number in my balance and i’m not even arbitrage betting
Yes but if (theoretically) you were only arbitrage betting with 2 accs. They would both be growing, even if the w/l is even. They can spot that you aren't just some mug punter
Is there any international websites like in Australia
Hey Shane just wondering how I can go about arbitrage betting in Australia
Can you help me with $100
@Georgette Radden i don't get you
Hello, I am a Bolivian student in my 5th year of high school preparing for a math Olympiad at the high school level, I am writing to ask you for any advice to prepare for this type of contest since I do not know how to get into the habit of making an effort in something that is not school so i need clear instruction and some math book recommendation to improve my reasoning, sorry to bother you or something but i would like to read your reply.
Can u use a VPN and bet with American bookies or nah?
I am from India which is the best site to find arbitrage bets?
Is there an aussie version of Oddsjam?
Hey guys! So my bankroll currently is $1,000, after watching this video I really want to increase my units to $25 to have the most optimal profit. Is that a good idea?
what version of OddsJam would you raccomend?
is there a Uk Version of oddsjam?
He's Australian lol
Awesome content man💥. Arbitrage betting used to be only something I heard of. But after watching a couple of your videos and researching online, I think I am ready to start.
However, my major concern is finding an odds consolidating platform like oddsjam in my region (Nigeria). I don't think I would be able to look at several bet sites to find an arbitrage opportunity.😮💨
I'm in Nigeria as well bro ...
We could chat on Facebook
@@amcejey sing up to breaking bet
Yoo bro hit me up I got a good deal for all African arbitrage bettors
Hey bro. You said you were ready. How did it go for you (if you did go for it ofc) :D
Hello Charlie ... have you been able to do arbitrage
Yes
How many Australian bookies does oddsjam cover?
What if you are not in the US?
does oddsjam work in europe too?
and if not why?
most european countries have tax from 3 to 5%. go take a look at ninja-bets its almost the same, its in ger, it, esp and eng for brits.
how are you betting with oddsjam if your in Australia
there are some bookies in australia on oddsjam such as bet365 and unibet - however it is more practical if you are in the US
How can I get all this games
If I'm in Mexico, will Oddsjam work for me?
Can someone explain how you place the actual bets themselves, I am assuming you don't do it manually? Is it a software or something else?
No you do it manually. You have to make hundreds of accs lol
What can I use instead of Oddsjam if I’m not American?
Just want to know how to stake
Why cant we access odds jam in africa
Any chance you are able to help us kiwi's with a TAB tutorial on betting in a course?
Hey mate. I'm also Kiwi. Did you buy the course? Would it work for us Kiwis?
@@Tony-qw1df aussie only unfortunately.
Wait wait, you said this platform is ideal if you're in the USA, but if im not mistaken you mentioned indirectly you're from Sydney? I just wanted to confirm that...
That is correct. I am actually not able to place those bets but I can still use the tool to demo
I’m a fan in Ghana, can I apply the same strategy?
can someone please show me how to include taxation on profits by bookies when calculating abitrage bet please
Its tax free!
@@ShaneHuang88Not in Germany… 5% on the win :/
Hi Shane ,
Im also from Sydney australia , just wondering how much maximum bet on each bookies before you got restricted , so i can keep compounding
Still available via ig, mate! 👆🏾
If you have 1000$ and you put it all in on one bet, how do you get it out in time to bet on the next game? Isnt that an issue cause it takes a few days every time?
I wanted to say I have 20,000$ to bet with, is it possible I open multiple accounts and stake 1k on 2-3 odds on the same matches.
@@johndiggle656 thats a smart way to not get banned
@UClcv6b4eBKZFh6CidS386Nw right now I stake on live matches and I am very good at it. I don’t want to seem like a scam or fake guy, but I’ve been winning a lot on live matches. I’m afraid I’ll soon get limited and I feel I can make this a source of income. The only problem is how much can I make before they limit me.
Just use a better bookie chief they pay you out in less than an hour if they're good
@@johndiggle656 You need to prove identity.
How can you consistently place arbitrage bets without getting banned?
Simply you don't, personal experience!
How many books we need is kind of an important detail to leave out!
9:20
Is there any way to follow your bets ? Like signals
Ye that would be fantastic right?
I am from india..how to use these betting sites from india is there any way to create a account in this
Matt karo bhai ye sb jo paise hai vo bhi loss m chle jaenge
I can help you
Do you have Reddit
Kan you make video for cricket
Do the vedio aviator game maths formula or algorithm can you maths genious
Am in Ghana how can I go about this
Its difficult in Ghana dollar exchange
You should give us some bets
It’s like 1k per month?😅
You do realize this is the fastest and surest way to get profiled and limited right? You’re entering exact numbers they will pickup on that so fast. This and middling are the slowest ways to grind, and once you get limited then what? How many outs do you have man?
I don't recommend placing exact numbers, instead round to the nearest multiple of 5 or 10 dollars for your stake
Unfortunately, I have to pay 5.3 percent tax on winnings, which means that many surebets don't make any profits for me
Sounds like good old germany xd i feel the struggle thus moved on to +ev
Stop crying. Try 24% in the US. Your fine
The theory is understood but the practicality is unknown. This is just another side hustle and not really sharing ;)
But good on you for achieving so much! You should be proud.
here i am earning $200 a day with arbitrage not getting banned coz im in the shadow
$2,000 bankroll for each Sportsbook or divide $2,000 down to each Sportsbook?
Lool
Can you help me with $100
Do not use full Kelly, should use less than half
Not much because you will be restricted after a few bets.
How can they know
@@liamandersson5388 They have got a automated software that detects when someone places an arb.
love this guy awakenbeerus
I really not understand these odds. 116, 120, 305. I am from South America and it is managed by %. Like 2.5, or 1.9, Can someone tell me the difference for that?
I cannot begin with this if I don't understand :(
you can just change the odds in oddsjam
How can you get banned for this?
it’s just like a Casino… a sports book or gambling platform is allowed to ban whoever they want. If they notice you keep winning they will ban you. They want you to come give them your money but if you keep consistently winning they will just say “I don’t want to play with you anymore” even if what you are doing is fair. Gambling is built around the house having and edge and the player being at a slight disadvantage, if the feel you have gained an advantage even through a perfectly fair means they will just kick you off.
What will happen to the money in the account if you got banned by sport book
Your money is gone
This is what I do
Take a game that has high odds ex. 2.20 and 2.45 and bet 50 on each (home and away) yes there is the chance of tie but u have to do ur research and yea at the end it is gambling so I go with the flow. I noticed that when you do hit which is more often u do make more than let’s say arbitrage betting method
Win
Arbitrage in betting it's already dead topic many years ago
You can still make money 💰
Wait 2 to 5 days to withdraw and fund another booker
make live stream betting
Make video for cricket
Segue lá o vídeo estrategica na roleta altos e baixos "assertivo "
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saw recommendation but I did not bother chating her up
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The fruitfulness of your trading lies on the account manager or the expert
I have been seeing so many recommendations about Mrs Sarah on different platforms trending I think she must be good for people to talk about her
it doesnt work bro stop scamming people, ive tried arbitrage betting. the bookies have patched it, it doesnt work anymore
I thing fake stretgy 😮
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I just try it for couple days, I did not bet much, all less than 500 dollars. Partypoker restricted my account pretty quick in 2days. Bets are limited to 1 dollar
Hi Shane I'm not sure how often you check you Instagram messages but would be nice to get a reply if you can and keep up the great videos
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