Turning Sports Betting into Investing: Advice from a Former Quant Trader & Stanford Math Graduate |
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https://oddsjam.com/
In this video, we discuss profitable, sharp sports betting. Arbitrage betting, or arbing, is the core of sharp sports betting, as this indicates a market discrepancy where there has to be a profitable sports bet. Arbitrage, or risk-free money, cannot exist in sports betting markets without there being a profitable betting opportunity. That's why the OddsJam arbitrage betting screen is so powerful. We look at an example college football bet in the Hawaii vs. San Jose State point spread market and decide to wager on San Jose State -8 +115 odds on BetMGM sportsbook, as this bet was a direct sports arb to Pinnacle, the sharpest bookmaker in the world. There was also a profitable betting opportunity in the total points market of this NCAAF game, so we also wager on this NCAAF bet (over 64 total points). We had a risk-free bet token on BetMGM, so BetMGM arbitrage bets were something that we were looking for. We also discuss parlays in sports betting. Typically, parlays are very unprofitable. However, when you parlay together positive expected value sports bets, the parlay actually becomes more profitable on a percentage basis. We see Eagles +5 point spread on BetMGM, under 56.5 total points in the Chiefs vs Ravens game, San Jose State -8 point spread, Iowa State -32.5 point spread, and the Browns vs. Texans first half total points markets were all mathematically profitable, so we build a very profitable parlay bet. |