No fluff, how I made $400,000 betting on sports part-time & why I write software for bettors
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- Опубликовано: 4 июл 2024
- Twitch link for live streams: / alexmonahan100
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Learn how to make money sports betting, no fluff. Alex (bio @ bottom) outlines key concepts to become a more profitable sports bettor, such as line shopping and identifying inefficiencies in sports markets in the US.
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Alex graduated from Stanford and previously worked as a quantitative trader on Wall Street. He's currently the cofounder of OddsJam.
Video description:
In this video, we discuss that sports betting is a financial market, just like the stock market. Odds are not static and are determined by supply & demand. As new information enters the sports betting ecosystem, odds change. As an example, if Kevin Durant gets injured, the Nets moneyline odds may move from -200 odds to -120 odds, as the Nets are less likely to win the game.
We next outline 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.
We next outline bookmaker limits. Sports betting is not scalable. That is why "professional sports betting" is a career path that attracts 0 smart, technical people. It's a career path where your earnings are capped. For that reason, you should never, never trust somebody who claims to be a "professional sports bettor."
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#SportsBetting #SportsBettingAdvice #SportsBettingTips #SportsBets
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Email: alex@oddsjam.com
This was a content unicorn: Intelligent man talks about sports betting intelligently. Easy sub, thanks for sharing!
Thank you! Glad you liked it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
This was unbelievably valuable. I completely see the concept you are talking about when you relate finding an inefficient market to both stocks and sports. That's exactly what it is. It's finding an edge that you can profit on.
Awesome! Glad you enjoyed it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Yes, people need to change their perspective about betting. Its not about one particular match, it is about value in the odds. Just like poker, if you have a good hand you should bet more and fold if you have a weak hand
earned a new sub within 3 minutes of the video. no bs no fluff plain and simple to the point I love it keep up the phenomenal work I'm about to binge your videos
Welcome aboard! Thanks so much!
You are so humble and transparent with everything. Let's all hit the thumbs up for youtube algorithm. Great content brother. Keep up the great work. Cheers from Canada.
Awesome! Love to hear that. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Why can't you just write software that sends me an email of all your picks? There's no reason we can't all be rich right?
If you sign up you can be rich ;) If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Great video. I love the no bullshit approach to sports betting. Can’t wait to see more. Thanks.
Thank you so much! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
This is powerful lesson for all who wants make sports betting. I lost a lott of money on sports betting until now, mostly because i never tok this advices seriously and its because i see sports betting as fun because i like sports, but not as one part of financial marked like its nicely explained here on this video...
same I made £10000 from an accumulator and lost the whole lot in 3 months
@@jackroberts4710 I stopped to make soorts betting. Its very unpredictable. On long term i dont see any probability to make some good profit, so its only wasting a money and a lott of time..
@@Limvolikce yeah it's a short term thing, I've started investing instead now
@@Limvolikce alot of time.
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Thank you, thank you for this informative and enlightening vid. New to the channel so this was first one I watched think I watched twice straight through rewind few times just make sure heard you clearly *can’t actually remember any RUclips watched straight through. I’m a forex trader & still in shock as so much info got from this so appreciate all the insight I’ve gained, and the just straight up no b.s. like wow I get we all in this to make $$$ but everybody trying sell you something, didn’t get that from this so thank you.
Thank you so much! I'm glad you liked it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
I like that, Real Game No Edits (kinda). Keep up the good work.
Pretty much! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Most people have 3 stripes on Adidas gear.
He shopped around and found it for -2 stripes. What a legend
Legend
Really good video man, much more advanced than most sports arbitrage videos
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Priceless information given simply. Much appreciated
Thank you. Please join our discord too. We have over 17,000+ sharp and helpful bettors in there. discord.gg/GCKyD4cgVe
Was about to subscribe and i glanced up and was already subscribed!!!
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Really enjoyed the content, thanks Alex
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
First time ever I've heard anyone talk about limits and why certain ppl aren't necessarily full time successful sports bettors 👍
It's the truth!
only way is to buy accounts or go to casinos but they can ban you too
Amazing info! The fact i live in Quebec, literally a 20 minute drive away from Ontario is really annoying as most of the Sportsbooks are not legal in Quebec:(
Thanks For The Comment!
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Dope software bro. Solving a problem, much success to you.
Thank you my friend. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Alex, great info. Thx!
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Unbelievable well done video thank you
Thanks so much! If you ever have any questions or need some assistance, email us contact@oddsjam.com Would love to hear from you and help you make some $$$!
Loved the vid! also wanted to express interest in Australian books, would love to see some content on them in the future
Thank you! What books do you want added? We are actually currently working on a project to add more international books. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Great vid! Subbed!
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This was an interesting watch, thanks for posting
Glad you enjoyed it! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Thanks my brother this was fascinating
Thanks For The Comment!
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dam you are extremely real and honest and ...make a lot of sense
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Thanks for the information very good help..
Glad it was helpful!
Good Stuff keep up more content!
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Protect this man at all cost. This is a pure 💎. Thanks 👌🏽
No, thank you. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
did anyone else notice its 4:20 on the clock lol thanks for the info, very helpful, I've been doing good on baseball lately your bets look a lot like mine with overs and run line bets
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Great presentation, I agree that your bringing good data to the table. That being said I don’t believe long term profitability in sports betting is solely driven by data nor “picking winners”. The best cappers have a balance of both. Anyways, like I said this is a great presentation!
Betfair Exchange says hi!
Good point! Really, the goal is make money. In reality, it takes multiple ways to do it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Awesome video man.
Thank you!
Also i think it would be cool to know what the opening line was for each bet to see where it goes as it gets closer to the match. thanks
Good idea! We can add that feature. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Alex you HIM my boy keep going all the way w this shit man !
LFG
There’s such a new stream of new bookmakers popping up and more volume than ever too. I’m pretty tempted to get back into arbitrage betting
Were you into it and successful before but maxed out the opportunity and got limited?
Do it! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Well presented!! Did a great job with the video!!
My problem is being able to pick winners - back in the late 80’s to mid 90’s I was successful betting baseball doing similar thing but running from casino to casino -
Do you have software that helps with picks or is it just odds shopping?
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Great video man, I’m subbed and will look out for more content 👍🏻
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That clock on the wall is old school.
Yeah move on, nobody cares...
Thank you!
No, thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Sports book I go to at the casino, has sports betting machine that looks like an ATM. It doesn't ask for a name or account. So you won't get limited for sure
True
Very interesting video. Regarding limits, are they the same for in-person betting in Vegas? Could you just run around physically betting with cash and avoid being tracked or limited? Regarding the bookmakers wanting to get rid of winners, I have never thought of the relationship between bookmarks and bettors as adversarial. Ultimately if they are skilled at balancing the money equally on both sides of the line or total, then the losers essentially pay the winners and the house gets the equivalent of 10ish percent on every transaction correct? Like a stockbroker, what do they care who wins or loses? Where am I going wrong with this thinking?
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If you start betting big in a Vegas sports book they will most likely ask for a players card before they take your bet
You didnt lie there was no fluff, straight to the point
I tried ;) If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
People don't get the simplest concept of probabilities and exploiting them. Good poker players do this. If you have to bet $10 to win a $110 pot and your hand has only a 10% chance to win, you'd make that bet every time. Yeah, you're going to lose 9 times out of 10, but that one win pays more than "90%". So keep doing it and you'll be profitable over time. Stop trying to win it all in one night. That's why I trade stock options!
100% If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Great concept
Great video!
Can you make a video about all the sign up bonuses in Illinois
Yes great idea!
@@OddsJam Can you do a video on how to start this up for beginners? I've been a big gambler for the last few years, last year I won £10000 from a accumulator and lost all of that 3 months later.. I need a strategy
Love this dude💰💰👍👍
Appreciate you! Hit me up contact@oddsjam.com if you need any assistance! Also, check out this new video on Positive EV betting! ruclips.net/video/8p41sQl38A4/видео.html
Great video make me very jealous. Smart that you are hammering these opportunities whilst they are there as we have seen in the UK the margins of these offers will shrink over time. If you are in the US its great opportunity to make some money.
You too made a good chunk of money from sports betting in all forms.
Nice too read you here in the comments
Thank you! Glad you liked it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
I appreciate you saying this because people never admit this
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Math is math and you developed a way to identify mistakes in the math that make sportsbetting profitable. Very cool, very smart. You seem to be the first going public with this knowledge, at least on You Tube. I guess if one gets banned from using that knowledge why not? Now help others to become banned winning players makes a lot of sense to me, I would do that too.
I'm thinking this opportunity won't last long, so anyone who is ready to jump in should not hesitate to get this service and pound the books for as much as you can before you are limited or banned. If you are in a new state to legalize sportsbetting, learn this stuff out before blowing the sign up promotions betting on your favorite teams or something equally stupid and not mathematically correct.
Once more books open up in AZ I'm going to give it a shot.
Banned by whom persay?
@@jjm3762 Sportsbooks, they can just close your account for no reason at any time.
peter webb has been making content 4 a lot longer
So far so good with not getting banned. I believe we can help- If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Valuable content 👍
Thanks For The Comment!
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That’s awesome 👏 I’ve been stuck to your channel these last few hrs
Love it bro!!!! I trade the markets
Lets go! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Impressed with what you've built man, you thought about harvesting data from the Australian book makers?
Soon
@@OddsJam We need australia
@@OddsJam how to play
@@OddsJam mad. looking forward to that!
@@OddsJam AUSTRALIA NEEDS YOU
True I agree with having multiple accounts to get the best odds
It is very critical
NEW SUBSCRIBER ----- GREAT CHANNEL
LFG
Informative video
Thank you!
This was a great video! What the hell is that clock though.
It's used 2 tell time...
Bovada limits my bets .. they don’t anymore 😅 I’ve been pretty cold the past three months. I don’t have the type of money you’re playing with but I’ve ran up $50 - 100 bucks to 3-5k three separate instances. Betting premier league, champions league and NFL.
Nice
You guys been a help! I'm new to betting.. Would 2-3 parlays with +EV picks work or just do straight bets?
Thanks For The Comment!
Also, you can schedule an appointment at any time with us below!
Schedule Below:
calendly.com/oddsjam-mike/20min
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Great content, keep it up
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My only question as an I’m an OddsJam subscriber is are you able to create new Sportsbook accounts after you get banned or limited? If so, are you able to get sign up bonuses? Do I risk losing all my money if you are able to sign up again? Thanks
no cause they ask for id they'd know who you are only way around is to buy accounts
Hey Matt, unfortunately you can't open multiple accounts under the same contact. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Dude....Im from Tanzania and we really need this
What books do you use? Email us contact@oddsjam.com
Hey, great stuff I would like to hop on this, my question is do you plan to support international sport book? can a user add their favorite site to the software maybe through the api
Where are you located and what books would you like? If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Love it bro
Thanks For The Comment!
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Very very interesting. DODGERS!!!
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We need this in South Africa man 🛐
Really considering a dope RUclips channel about it
What books do you have in South Africa? If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Problem starts when the bookies start closing or limitating your account, i personally got two account cancelled (i could cash out), and my amounts weren't huge (we are talking) about 3-400 euros bets.
Seems like a lot of fake comments on this channel; I dunno, just sound fake, yours is the first real comment I saw
@@JohnnytNatural Bots come to investment videos and say things like "The stock market is a great opportunity to make money."
No one would actually comment that
@Forex Wizard how good are you bro? I'm interested. I got another acC if need one if you're that good
@@suomusintti The stock market is a great opportunity to lose money
Mhm In Europe ?
Thank u one of a kind
Thank you!
Is this for arb betting strategy or do you use a system to get a lean and then line shop? Also do they limit you only because you are arb betting and they find out or just when you win a lot? I follow a couple people on insta that make millions (not overall but like on 1 bet or in a week) so i assume they are profiting with 30k-100k wagers. Just curious on how you make your picks
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this sounds like a class
No class, but If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
I appreciate you young brother 🙏🏾
Absolutely! Make sure you are follow me on X as well!
twitter.com/AlexMonahan100
you must be an insane programmer... inspirational
Just a stanford math nerd ;) If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Hey I love your stuff
Thanks For The Comment!
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Just wanted to tell you thank you I've been losing my butt off but I believe I got it now I'm a big FanDuel better I'm so ready for the season to start
Thanks For The Comment!
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Schedule Below:
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Interesting video. Question: If your tools will ultimately lead me to getting limited, whats the point?
Getting limited will happen. That just means you are a profitable bettor long term. If you aren't limited, you are likely not making much money betting on sports. This article is helpful. oddsjam.com/betting-education/positive-expected-value-betting
This is what I always told my self if I was good at mathematics I would do something like this or the stock market
Yes! Amazing.
Hey, Alex figured I won’t make a million, but the winnings I have with just a couple of the sports apps I’m on my way to Vegas to use the bonus on some others.
There you go! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Question: how do you deal with betting over so many sports books. Do you already have funds locked in all these different games or do you deposit every time before making a pick
You have funds spread throughout. I'd you can't afford to have funds spread throughout then this opportunity won't work for you
I just leave the money on the sportsbooks, so I'm able to place a bet as soon as I like one. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Love your work brother keep it up 👊🏻
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Dope video
Please talk about promo bonus cash out rules with the rollover. And if juggling two books would work. One not having a promo. For example bovada 1000 dollar bonus but i have to make 20k worth of bets . I choose the other line on the other app and just add the winning to the bovada account to continue betting till rollover is met. Thanks man
We do have stuff like that on the channel! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Speaking truth, in numbers
I try. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
How far ahead do you look when you’re trying to find a good +EV bet or arbitrage opportunity?
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What a good sports book that I can use in Idaho
There are offshore books you can use! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
I like your clock
Haha thanks
super smart an educated guy. i would love to talk for 15 min
If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
What would be your first piece of advice to someone that has ample weekly cash flow, with relative freedom. I live in a area adjacent to legalized gambling so I haven’t setup any accounts yet. Willing to travel as well. This is brilliant logic, it’s arbitrage hunting. In most of your videos the focus tends to be on baseball, I’d like it target basketball. Thanks for the info.
Email me randall@oddsjam.com
You’re smart man
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
What site are you using to see different odds on different books? During the home run Tuesday clip..
All the different sportsbooks! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Good video.
Thank you! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
This is my second video in and I’m hooked. Dude is a legend in my eyes giving us all this FREE HIGLY Valuable Information
Thanks so much! Email us contact@oddsjam.com and let's help you become a profitable sports bettor! We also have a discord with 15,000+ sharp bettors! Really informative community, you should join. discord.gg/GCKyD4cgVe
Just wanted to say you explained your point very well I wasn’t lost once watching this video lol
Thank you! Glad you liked it. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
How do you get past them shutting down your accounts? I know casinos/books will shut down profitable accounts.
u cant u need to use sharp bookies ie the asian bookies thy wont limit u, or the exchanges.
You just have to have as many accounts as possible. If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Great vid & great website. They got an app now that does this but i dont think the app is good as your cite. Are you putting out an app?
Working on it! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Do you have a method of tracking sign up bonuses that you would recommend? I've only signed up for DK
Shoot me an email randall@oddsjam.com. I can help you out.
The problem I have is that I am very,very,very limited on sports books online in Mississippi
but is its online, why cant u get other books in other states in america? its my first time so i still dont get why ppl cant do it, do help thx
@@sudiptaroy3200 You are still restricted to betting in the state you reside in based on your ID, doesn't matter if you bet online or not. If you live in Iowa and try to sign up with a sportsbook in New Jersey they won't let you.
There are ways around that ;) If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Cali needs to pass sports betting so I can open all these Sportsbook accounts
Bro just find a bookie they are out there
I have used vpn but American Sportsbook are smart I tried opening accounts with vpn saying I’m in New Jersey but they recognize it and don’t let me place bets
Bovada bro
You can still do it in cali :) If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
You're a genius 😅
Haha. Thanks. You can email us contact@oddsjam.com if you want to become a profitable sports bettor. You'd be surprised how easy this is. Find value and an edge! Join our discord too! Over 15,000+ sharp bettors. Great community for you to learn and grow. discord.gg/GCKyD4cgVe
gotta go with an underground book my friend
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Also, you can schedule an appointment at any time with us below!
Schedule Below:
calendly.com/oddsjam-mike/20min
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calendly.com/oddsjamryan/meeting
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Do online sports books share info with competitors about players they've limited or banned? If you lose one account will you be able to start from scratch with another book, or will they see you coming?
Thanks For The Comment!
Also, you can schedule an appointment at any time with us below!
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
That addy hittin
Thanks For The Comment!
Also, you can schedule an appointment at any time with us below!
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
so, the tools only highlights the best odds among different sportsbook, or does it also provide the best picks with high win probability?
Provides the best odds among sportsbooks! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15
Is the software that your talking about the same as arbitrage betting?
Yes, plus much more! If you want to hop on a call, please fill out the form here: forms.gle/CnVxfpGJ7hLetY3H6 and schedule a meeting here: calendly.com/matthew-666/15