How I made $10,000 Positive EV Sports Betting with OddsJam
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- Опубликовано: 8 сен 2024
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Learn how to make money sports betting, no fluff. Matt outlines key concepts to become a more profitable sports bettor, such as line shopping and identifying inefficiencies in sports markets in the US.
Matt outlines line shopping and the importance of having multiple sportsbook accounts. Since sportsbooks have different odds, set by independent models, you need multiple accounts to become a profitable sports bettor. As an example, if you are located in New Jersey, you have 15+ bookmakers to choose from; ideally, you have them all. Getting the best odds (e.g. +200 instead of +185) adds up to a lot of money in the long run, as the whole goal as a profitable sports bettor is to identify discrepancies in odds.
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I would love if you explain more that market width on your next video mate.
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If you have any questions or want to take advantage of all of the sign-up bonuses, I posted them below for ya! Also, you can schedule an appointment at any time with us below!
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Schedule Below:
calendly.com/oddsjam-mike/20min
What's your initial bankroll for each Sportsbook?
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calendly.com/matthew-666/15
What exactly does the bank roll being set at mean. Is that your unit size or is it something different. I wasn’t sure what to set it at
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Schedule Below:
calendly.com/oddsjam-mike/20min
calendly.com/randall-oddsjam/15min
calendly.com/oddsjamryan/meeting
calendly.com/boblo/20min
calendly.com/matthew-666/15
I'm at over 3100 bets. I've accumulated $4,000 in expected value. My actual profit is $120. I peaked in late December and have been losing ever since. I trust the math and the system, but I think I'm just going through some rough variance.
hmm that sounds like bad variance. send me an email at matthew@oddsjam.com so we can look more into your strategy
Any improvement??
@@DrivenA111 I'm up $1k over the last 3 weeks. +EV betting can be a wild ride.
@@midwestmidasmining I'm just now about to start. You recommend EV over Arb? I feel like it's more likely to get limited doing EV, no?
Do you bet player props? Usually the cause of the variance..
What is your rationale for using a full 100% kelly bet sizing? That seems pretty aggressive. Most things I've read always suggest a fractional kelly (if at all) such as 10% or 20% of the full kelly.
it all depends on comfort level. I ended up changing mine to .5, but it really is up to the individual to decide how comfortable they are placing higher % of their bankroll on a specific bet
Congrats bro. Do you play only basketball? Also, for the kelly do you keep ur bankroll capped at 1K? Or different for each casino.
no i bet everything! just had the most success with NBA season. Keep Kelly capped at 1K for now
Only thing I’m confused about is can you bet on both the negative and positive values and how do you decide which to do
email us contact@oddsjam.com!
Do bookies have cookies that can see what the customer is doing
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Schedule Below:
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Question. Do you use the Kelly Multiplier always when you place bets?
yes!
@@OddsJam Thanks so much
Your bets arent by stats only by EV and CLV? I am a little confused. I noticed you made a bet depending on the margin of the market width. Then I saw the Kyrie points under and you said you may cash out because the CLV is in the red. Basically, it is based off of market width instead of the stats, correct?
Stats are useless in sports betting - I highly recommend you watch this video: ruclips.net/video/9SxkrRc6kgE/видео.html - email questions to contact@oddsjam.com
Player props cause more variance over time. I stay away from it. Up to 25 cents market width is the sweet spot!
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calendly.com/oddsjam-mike/20min
calendly.com/randall-oddsjam/15min
calendly.com/oddsjamryan/meeting
calendly.com/boblo/20min
calendly.com/matthew-666/15
You need better software/apps for player props. Player props are the most profitable bets right now. You just need the right software/apps to identify +EV ones.
Why do you recommend rounding your bets? Less of a chance to be noticed by the books if you're winning?
betting to the exact cent raises suspicion
@@OddsJam Makes sense. Going to stop doing that now
What do you use for parlays ?
Parlay builder on oddsjam.com
how many bets a day are you trying to stick with or does this matter?
Bet within your bankroll!
@@OddsJam basically all your money is nba. every other sport you were negative
I’d say at least 50 +EV bets a day. The more the better.
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Your starting bankroll at the beginning?
$500!
@@OddsJam Damn! I thought you were going to say 1 grand or more.. Great job
Why don't you make your bankroll bigger?
i did! also have bills to pay
@@OddsJam But wouldn't it be safe to say that if your bankroll was ~7.5k, then you would've made 100k instead of 10k?
@@jmatando5105 this guy is being a clown
is that 10,000 in 7 months?
Yes!
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Schedule Below:
calendly.com/oddsjam-mike/20min
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calendly.com/oddsjamryan/meeting
calendly.com/boblo/20min