"I lost $256,000 in a day" EPISODE 2 | Jonas Gjelstad - Professional Sports Bettor

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  • Опубликовано: 16 ноя 2024

Комментарии • 136

  • @TrademateSports
    @TrademateSports  4 года назад +3

    The Trademate Sports algorithm was developed by Jonas, implementing his betting strategies to create the ultimate value betting tool. Start a free week trial at our website here: tradematesports.com

  • @davidr1620
    @davidr1620 2 года назад +8

    Being a poker player myself, I've learned that sun runs give a false sense of security. Running cold, even if you're the best player in the field, is a very, very real phenomenon and it can really mess with your mind. When you're winning, you feel like you can't lose. It's your destiny. You're just that good at what you do. When you lose, you feel like you can't win. You've lost it. You might as well quit. Variance can be a bitch.

  • @kingjustice-supreme6658
    @kingjustice-supreme6658 7 лет назад +36

    dam! 250k!!! losses .. you on another level dude

  • @OneWay0024
    @OneWay0024 2 года назад +6

    And I’m complaining about loosing $100 yesterday 😅

  • @MsMonkey510
    @MsMonkey510 6 лет назад +9

    I bet on my wife and I so In ever had one.. thats how you do it in sport trading use the cash flow to load into stocks to build capital, use the capital to build stocks with divdiends as "longterm or investment" to live off the dividends. you will be a boss forever and ever

  • @roadto500k7
    @roadto500k7 6 лет назад +7

    Only 3,4% ROI at the end, it's not too much for me. Anyway, good job!

    • @TrademateSports
      @TrademateSports  6 лет назад +6

      It is a lot with those turnover numbers :) Good luck on your own challenge

    • @TICTACMANTIPS
      @TICTACMANTIPS 5 лет назад

      What's ROI?

    • @rainiak8378
      @rainiak8378 5 лет назад

      irish best return on investment (profit)

  • @ginrummy3996
    @ginrummy3996 5 лет назад +5

    I believe it but what I don't get is how can you bet 3000 games per month? It's like 100 bets per day, so you follow right movements bets on 100 games per day doing it alone? That sound almost unachievable. I played online poker for a living for like 10 years playing 24 tabling but I can't see how you can manage to bet 100 games per day where you actually have an edge.

    • @nbagoat9128
      @nbagoat9128 3 года назад

      Sports it’s different than poker , more options and more safe bets

    • @ginrummy3996
      @ginrummy3996 3 года назад +1

      @@nbagoat9128 sure everything is different, exposing a niche skills to make it possible for generality, it's kinda serving withered purposes.

  • @unboxviews
    @unboxviews 5 лет назад +12

    If he bets millions why not just quit and enjoy life

  • @juusohaarala1955
    @juusohaarala1955 7 лет назад +3

    Do you always play single bets or sometimes also combo bets? Before you place your bets, which factors are most important for you? standings, injuries, motivation, etc.?

    • @TrademateSports
      @TrademateSports  7 лет назад +12

      Always singles! Accumulator betting is generally a terrible idea. There are some exceptions to this rule, but 9 times out of 10 you should run a million miles from accumulator betting. The reasons are simple. Your hunch bet, which on average is losing 10% of your stake every bet, compounded with another 3 hunch bets, is actually making you lose on average 34% of your stake.
      For example, let’s say you place a £10 on a 4 leg accumulator at 60 in odds. The bookmaker is essentially saying this will happen 1 time every 60 times. However, you should be getting odds of 91 (average payback at 90% giving 0.9^4 = 0.6561, 60/0.6561 = 91.45). That means the bookmaker has an edge of 34% over you.
      Doesn’t sound very fair does it? That’s why bookmakers are spending millions on advertising accumulators.
      We look at market movements only. Although when key players are missing from a lineup, that could result in some drastic market movements. E.g. whenever the Cavaliers have rested Lebron, their odds of winning has gone up and the oppositions has declined.

    • @shaddamiv2212
      @shaddamiv2212 7 лет назад

      yep...singles all the way(there will be occasionally times where 2-3 games should be acca'd ) but its not very often and if you are not 100% sure you are a good gambler I wouldn't bother... this is the first thing trademate has said I fully agree with

    • @seagramrip187
      @seagramrip187 7 лет назад +1

      Trademate Sports real sports gamblers bet on titles 😀

    • @EricSmyth4Christ
      @EricSmyth4Christ 3 года назад +1

      @@TrademateSports Parlays are fine if all bets are profitable as singles. If you have an edge on all the bets in the parlay, then the parlay is fine

  • @carlitos4488
    @carlitos4488 4 года назад +3

    Id like to know what tool does he use to measure that! Thanks

    • @TrademateSports
      @TrademateSports  4 года назад +1

      Do you mean what tool does he use to place value bets?

    • @carlitos4488
      @carlitos4488 4 года назад

      @@TrademateSports no more like the tool he uses that gathers all his history of bets and measures roi and those things. Im using excel at the moment, and found that tool or software very nice but i cant seem to find it online. Plus now that your here... XD... what bookmakers does Jonas or you guys recommend? Lmk thanks and nice videos!

    • @stanleyonwuemene9505
      @stanleyonwuemene9505 4 года назад

      Me too

  • @martygi
    @martygi 6 лет назад +5

    Who do you bet with.....I don't know of any bookmakers besides an exchange who would take your action

    • @TrademateSports
      @TrademateSports  6 лет назад

      Jonas has been using Sportmarket, they are a brokerage.

  • @emichels
    @emichels 4 года назад +3

    Umm, a 7% ROI? I'm up 655% on Apple stock. Then again, I had to wait 7 years.

    • @TrademateSports
      @TrademateSports  4 года назад +2

      Haha, when you are like Jonas and you invest millions into this every month a 7% ROI is extremely good.

    • @hulkhogan4218
      @hulkhogan4218 3 года назад +2

      A lot of people don't understand the importance of ROI. Even people who are financially savvy. If you are gambling and have no idea about the importance of ROI, then you are in the wrong game. 7% ROI is excellent.

  • @h_bell2388
    @h_bell2388 3 года назад +3

    here I M CRYING FOR 100$ lost bet

  • @schoeller23
    @schoeller23 4 года назад

    where did he Bet ? Asia or Europe Bookie?

  • @robertbergman-claessen5713
    @robertbergman-claessen5713 5 лет назад

    @tradematesports Is it possible to bet tens of thousands of euro's on tennis matches using your platform? I've found a way to win in the long run betting on tennis. But I can only make a lot of money by placing huge bets. Is that possible? And what about pinnacle. Is it possible there? Unlike Jonas I don't use the value betting strategy (which, by the way, is I think a good strategy).

  • @peternotis8559
    @peternotis8559 3 года назад +3

    I can feel the pain in your voice talking about your losses which tells me there's bigger loses to come as the margins are against you unless you have 10/20 million staking capital behind you.

    • @TrademateSports
      @TrademateSports  3 года назад +6

      Smart bankroll management is the key here. When you're talking about a bankroll of millions of dollars, your max bet is probably only going to be 0.2% of your bankroll or something close to that. Which means even if you go on a bad run, it won't kill you

  • @kld5617
    @kld5617 7 лет назад +3

    Hi jonas thats very inspirational but at the moment ive had a losing 2 weeks and this is why i ask you about variance first 2 weeks in september i was coming in at 10% bets for example £20 roi = 220. In 1 hour and that was every day at 2 weeks solid sometimes 500+£ a day so i woukd like to break down variance in lamens terms and you seem to know what your doing
    Cheers

    • @TrademateSports
      @TrademateSports  7 лет назад +1

      Expect the variance to be large. The shorter the timeframe you are measuring in the larger. The difference from week to week can be anywhere from +- 0-20% ROI (where ROI = profits / turnover). What you should do is to track whether you are beating the closing line. If so, you can expect to be good in the long-term, if not you should reconsider your strategy. This also indicates how much you can expect to make. E.g. if you are on average beating the closing by 2%, and bet €100 each time, your EV will be €2 for each bet. If you judge your results on a week by week basis it can be quite the emotional rollercoaster, which is why a longer time-frame is better. Or even better to measure results vs the number of bets you have placed. Over 10 bets, anything can happen. 100, pretty much so still. 1000, you'll start to get a picture. 10 000, now it will be pretty clear. Since the swings can be large, it is important to stay within your means and not risk money you can't afford to loose.

  • @dmannnnnnn6934
    @dmannnnnnn6934 2 года назад +2

    I just lost 4k I made off of $100 in 1 sitting and this makes me feel a bit better

  • @ArmstrongFam
    @ArmstrongFam Год назад

    How are you not restricted beyond reasonable use everywhere?

  • @oaoJ69Joao
    @oaoJ69Joao 4 года назад

    So, this guys switch to Sports Betting coming from Poker. Sports Betting is most profitable than Poker? Or at least less harder to win??

    • @TrademateSports
      @TrademateSports  4 года назад

      Yes he went from Poker to Sports Betting. He has made basically the same money from each profession. Here is a video we made about going from poker to sports betting: ruclips.net/video/jZghoZRV018/видео.html&t

    • @TrademateSports
      @TrademateSports  4 года назад

      Also, they are not mutually exclusive, you can do both at the same time. Place some bets between hands or poker sessions.

    • @oaoJ69Joao
      @oaoJ69Joao 4 года назад

      Yes, I'm more into poker, and improving on sports betting as an hobby! 1-2 years from now I will have a decent income from this 2 activities

    • @TrademateSports
      @TrademateSports  4 года назад +1

      @@oaoJ69Joao Great to hear mate! There are lots of similarities between poker and value betting :)

  • @LP-jy2ep
    @LP-jy2ep 5 лет назад

    Which website does he bet at? Anyone knows?

    • @philvalentine7665
      @philvalentine7665 4 года назад

      He uses brokers to place bets with Asian bookmakers. Or so I believe, anyway.

  • @wallacebrown3rd
    @wallacebrown3rd 5 лет назад

    Are you betting online or in person ? Please list a link to where I can safely bet online ?? I currently have to go in person because almost all online betting sites have horror stories of people getting scammed

    • @TrademateSports
      @TrademateSports  5 лет назад

      Hi Wallace, almost all of the big bookies you see commercial for on TV in Europe are completely safe to use. The only one which is known for being sketchy is 1xbet, they are based in Russia.

  • @firstclasssports6816
    @firstclasssports6816 7 лет назад

    WHere do you bet through?

  • @JB12-s5g
    @JB12-s5g 3 года назад +1

    How was he making such a high ROI on the asian markets but the software only gives a 1% edge on those markets?

    • @TrademateSports
      @TrademateSports  3 года назад

      He wasn't using Trademate Pro. Believe he had a bit of run good also.

  • @franciscofonseca5380
    @franciscofonseca5380 7 лет назад +1

    his bets are live or pre live?

  • @handeyecoordinationskills
    @handeyecoordinationskills 3 года назад +1

    I hate that feeling of being unfortunate, it's like u feel cursed or something. I bet on soccer

  • @mindrules1566
    @mindrules1566 6 лет назад +2

    They should make you brand ambassador bro

    • @TrademateSports
      @TrademateSports  6 лет назад

      Jonas is a co-founder of Trademate :)

    • @zellkoooo
      @zellkoooo 5 лет назад

      @@TrademateSports hey what is a music in intro and outro.

  • @ryans5476
    @ryans5476 6 лет назад +3

    So, during the later months the total was 3k/monthly or roughly 100/bets a day. No human can accurately research and determine that volume of games. Is this high frequency betting using arbitrage with different book prices or actual betting?

    • @TrademateSports
      @TrademateSports  6 лет назад

      It's not about doing research on individual games, but exploiting inefficiencies in the betting markets. We cover this topic in depth on our blog if you want to do your own research: www.blog.tradematesports.com/sports-betting-strategy?category=Value%20Betting

    • @antreaspapanikolaou294
      @antreaspapanikolaou294 6 лет назад

      Ryan S yy

    • @AArrad
      @AArrad 5 лет назад +1

      Ryan S Obviously not arbitrage, you cant lose money doing that...

  • @modeproduction545
    @modeproduction545 7 лет назад +2

    Do you bet more than 10% of your bank? and how much odds you are you betting?

    • @TrademateSports
      @TrademateSports  7 лет назад

      No, that would be risking too much on a single game. Plus the limits would usually not be high enough to do so. I'm using the Kelly Criterion to determine the appropriate stake size. We've made a video where we explain how to use the Kelly Criterion in sports betting: ruclips.net/video/W0mFq4G6s2U/видео.html.
      The majority of bets on the Asian bookmakers will be +- 2 in odds. On the sharps one would very rarely go above 3 in odds.

  • @CrucifyBots
    @CrucifyBots 4 года назад

    When he says Asian market at the start
    Does he mean betting on Asian leagues/games or Asian handicap betting

  • @jperception817
    @jperception817 5 лет назад +4

    Im too greedy lol win a lot but always keep going

  • @DoradoParisSportifs
    @DoradoParisSportifs 5 лет назад

    10% average per bets with 83 average picks each day? It's very dangerous and you can bankrout or I don't understood ? See you from France !

  • @marygracepilapil
    @marygracepilapil 2 года назад +1

    And I thought losing 10k is depressing. Damn😮

    • @marygracepilapil
      @marygracepilapil Год назад

      @Yakety Yak I haven’t since then. Winning in gambling is a good thing but the more you play the more chances of losing. I did learn my lesson!

  • @Ihearttaylorswif
    @Ihearttaylorswif Год назад

    I lost $389.75 in 2 months. And I feel like my life is over.

  • @thabisomatlaba5430
    @thabisomatlaba5430 4 года назад +1

    Did he really say he staked over 4.5 mill?is that even allowed?

    • @TrademateSports
      @TrademateSports  4 года назад

      Haha sure is! The Asian bookies dont limit you

    • @loudorchen9897
      @loudorchen9897 4 года назад

      That sounds different than what it means, although he bet that much each bet had odds close to 50/50, so he's not really risking 4 million

  • @davinsolomon3248
    @davinsolomon3248 5 лет назад

    I only have one bookie is that ok

    • @TrademateSports
      @TrademateSports  5 лет назад

      Great question Davin, but yes you do need more bookies. You should se 5 bookies at a time and start with the ones with the highest number of trades that also have search fields (ask us for the list in the chat). Refer to this article: www.blog.tradematesports.com/sports-betting-fundamentals/2017/9/12/6-tips-on-how-to-use-trademate-as-efficiently-as-possible

  • @frankboadi5104
    @frankboadi5104 7 лет назад

    What is the best betting strategy

    • @TrademateSports
      @TrademateSports  7 лет назад +1

      Finding edges via Trademate. We go more in-depth on different filters on our blog, but that won't help you too much unless you are a user.

    • @suhaskumar7515
      @suhaskumar7515 7 лет назад

      +Trademate Sports can u bet 1 million on a single soccer match ? i think thwy will limit you

    • @TrademateSports
      @TrademateSports  7 лет назад

      The Asian bookmakers don't limit. And very few sporting events would have stake sizes as high as a million. Jonas has been averaging 2000 bets per month. So the $256k is spread out over multiple bets.

    • @suhaskumar7515
      @suhaskumar7515 7 лет назад

      +Trademate Sports yeah i am asking for important matches like final match which was juventus vs real madrid . i think people wagered billions on that match . my question is if i want to bet 1 milion on real madrid wont they limit you ?

    • @TrademateSports
      @TrademateSports  7 лет назад

      Will they limit you on subsequent games, no. If the max bet on that game was $1M, then you would be able to bet $1M. If it was $100k, then you would only be able to bet $100k

  • @mohamedjallow2229
    @mohamedjallow2229 7 лет назад +4

    I will be nmaking100s of thousands dollars one day like I promise!

    • @LazarKosticdonickoce
      @LazarKosticdonickoce 7 лет назад

      There are several factors in betting systems. One plan I discovered that successfully combines these is the Simple Sports Goldmine (google it if you're interested) without a doubt the no.1 resource that I have ever heard of.look at all the incredible info .

  • @lebiecki78
    @lebiecki78 7 лет назад +1

    Guys is your product available in the UK have you get many customers from here ?What’s the accessibility to those Asian bookies from the UK? Even Pinnacle is not present on this market. Interesting materials!!!

    • @TrademateSports
      @TrademateSports  7 лет назад +1

      Trademate is available in the UK yes. Which bookies are accessible from your location is something you will have to check for yourself

    • @TrademateSports
      @TrademateSports  7 лет назад

      No it is not. The theory behind what we do is sound. With the fundamental principle being to exploit differences in odds offered by different bookmakers. If you read through our blog it will be clear that it all makes logical sense. We have a sample size of more than 700 000 bets placed by our users which shows that not only does it work in theory, but also in practice. www.blog.tradematesports.com/

  • @johnstephens2836
    @johnstephens2836 7 лет назад +22

    After watching your videos this is a classic case of How Not to Sportsbet!

    • @TrademateSports
      @TrademateSports  7 лет назад +5

      Could you expand on that? Looking for value is exactly how one should bet on sports.

    • @johnstephens2836
      @johnstephens2836 7 лет назад +9

      1) 3000 bets a month, Ave. 100 bets a day? The %10 will kill you alone. That's not sports handicapping, that's tossing crap against a wall and seeing what sticks.2) Betting on the NFL to "Figure it out". If you don't know what your betting on you have no business putting money on it unless your following someone who does and is successful.Just two to start with.

    • @TrademateSports
      @TrademateSports  7 лет назад +26

      Sorry mate, but you are incorrect. First off we do not do sports handicapping. We do not listen to tipsters. We do not try to predict who will win. We do valuebetting. We identify value in the market. If you have an edge of let's say 3%, you need to get as high turnover as possible. Because your expected profits for a given month will equal your Turnover x Your average ROI. So you have to place a high number of bets. In the long run good and bad luck evens out and skill is the difference between winning and loosing. If someone places more than 10 000 bets in a year and end up winning they are not lucky. You can run a Monte Carlo simulation to confirm that. If you place such a high volume of bets as Jonas does you will go broke if you don't know what you are doing. While if you are a handicapper who only bets on a 100 games season in order to get a win rate above 55% you do not have a large enough sample size to determine whether you are lucky or whether you actually have an edge.

    • @ykell1392
      @ykell1392 7 лет назад +4

      Obviously, you are right about valuebetting. It is the only way to do it, if you want to make profit in betting markets. But my question is, how do you find edge and value in the odds if you don't know the leagues well enough and have no experts advising You?

    • @TrademateSports
      @TrademateSports  6 лет назад +1

      The markets are smarter than any individual "expert" since they are the reflection of the knowledge of hundreds of thousands of individual bettors, we look at the market trends :) "Experts" are also guessing at the end of the day.

  • @valward8195
    @valward8195 2 года назад

    Jonas.I think your doing it all wrong.
    Serious. In horse racing I could turn 1 mill into 100mil in a year. If I could get the bets on?

  • @olagunjuokunolasunday7680
    @olagunjuokunolasunday7680 7 лет назад +2

    How can I get yours games

  • @daniellaprelle4661
    @daniellaprelle4661 5 лет назад

    Do you still play poker once in a while and if so what level?

    • @TrademateSports
      @TrademateSports  5 лет назад

      Yes, Jonas still plays poker: pokerdb.thehendonmob.com/player.php?a=r&n=286504

  • @TheGeneral_LUFC
    @TheGeneral_LUFC 3 года назад

    hey overbet express. didnt know jonas was this much of a gangster

  • @vivianthankgod582
    @vivianthankgod582 4 года назад

    Pls dude I need ur help pls

  • @youtubelover2327
    @youtubelover2327 7 лет назад +1

    I lose every time . :( i hope to win like u one day !

    • @TrademateSports
      @TrademateSports  7 лет назад +3

      Start looking for value and stop trying to pick winners mate :) blog.tradematesports.com/trademate-sports/2016/10/7/how-does-value-occur

    • @youtubelover2327
      @youtubelover2327 7 лет назад

      Trademate Sports Thanks but I really don't know how it work i would love to . But I'll try it you're why , if you upload a video how it works your why to show us step by step this would be Great !!!! Peace Mate God bless yah

    • @TrademateSports
      @TrademateSports  7 лет назад

      This video shows how Trademate works. ruclips.net/video/MaE2coIs6r0/видео.html. There is also a video series where Marius from the Trademate team trades live using Trademate Pro: ruclips.net/video/Li-W9y_qk74/видео.html

    • @darrenmulraine1303
      @darrenmulraine1303 4 года назад +2

      Go on bet365 create a account choose horse racing choose a race then other markets pick not to win find a 1/8 or 1/10 stake 80 or 100 for 10% profit slowly build throughout your time increasing your stakes sticking to high weight selections unfortunately this is a slow process but its a stable income u do your research on previous form such sites as myracing are useful for this.

  • @ojagebill8526
    @ojagebill8526 5 лет назад +1

    Hey Jonas love your work,can I sent my mail to you so we can talk on how I can be receiving your games you usually stake? Please write me back

    • @TrademateSports
      @TrademateSports  5 лет назад

      Hi Ojage, that's why we made Trademate to give people value bets

  • @malcolmwasher2308
    @malcolmwasher2308 2 года назад +1

    Lol i made a million betting sports and u see his dingy couch haha😂😂😂😂

  • @Mullamoves26
    @Mullamoves26 4 года назад

    Jesus ma G loosing 100 bags and he keeps going swear id bail after making 1 mill

    • @TrademateSports
      @TrademateSports  4 года назад +1

      He's got some guts but more importantly, he believed in the process!

  • @tulgabtv6443
    @tulgabtv6443 5 лет назад

    Why that he is happy?

  • @pr3sari00
    @pr3sari00 5 лет назад

    why am i watching this..... this guy just talking about how much he loss or win in a day...fck

  • @Simplexmediakc
    @Simplexmediakc 4 года назад

    How do you make 700 bets a month?? The fuck you betting on??

  • @Doitordontidc
    @Doitordontidc 5 лет назад +1

    `You are my hero

  • @course4classmuchmore182
    @course4classmuchmore182 3 года назад

    This guy must of been doing arbitrage betting.

    • @Monkman666
      @Monkman666 Год назад

      You can't lose money doing arbitrage betting

  • @timmann543
    @timmann543 5 лет назад +2

    Seems fake to me

    • @TrademateSports
      @TrademateSports  5 лет назад +3

      this is the other side of the game, sometimes you win, sometimes you lose, the important thing is to have an edge in the long run

  • @Turnpost2552
    @Turnpost2552 Год назад

    its so strange poeple willing to die for nothing but vanity.
    It was all for the money

  • @antskilu1354
    @antskilu1354 2 года назад

    bs

  • @TheKingsnake02
    @TheKingsnake02 3 года назад +1

    3k bets a month? WTF

    • @TrademateSports
      @TrademateSports  3 года назад +1

      Yep, sports betting takes a lot of hard work.

    • @TheKingsnake02
      @TheKingsnake02 3 года назад

      @@TrademateSports but how is that even possible? That's 100 bets per day and no sport has 100 games in a day

    • @TrademateSports
      @TrademateSports  3 года назад +1

      There are thousands of sporting events everyday? Obviously it's very hard to find these bets manually so I'm sure Jonas was using some kind of software to help him out.

  • @hacker010010101
    @hacker010010101 3 года назад

    HOW DID HE MADE IT JESUS FUCKIGN CHIRST? NO ONE CARES ABOUT HOW MUCH HE MADE IF HE DOESNT EXPLAIN

  • @ThatsBanned
    @ThatsBanned Год назад

    if ur here i lost my parlay too...goo Argentina!!!!

  • @Right_wings24
    @Right_wings24 3 месяца назад

    Damm that's a house