This is my 2024 sports betting profit & loss by LEAGUE
If you want to make serious profits, then you NEED to be betting on every sport... Here's why 🧵👇
If you want to make serious profits, then you NEED to be betting on every sport... Here's why 🧵👇
My bets are given out on Twitter (notifications ON) & live stream:Â twitch.tv/alexmonahan100
1) More sports = more opportunity. Strategy video:Â youtu.be/nxS7mkHxSmo
We want to use multiple sportsbooks as sharp, profitable bettors. All books set their own "prices" (e.g. odds & lines), so the betting market is extremely fragmented/inefficient. We never know which book is going to have the best value (e.g. Positive EV, arbitrage, middle bets) on a given day. Sometimes, DraftKings has a ton of value. Other days, it's BetMGM & Fliff.
For the exact same reason, we want to bet on MULTIPLE sports. More sports = more surface area for the sportsbooks to cover = more opportunities for books to "slip up" & offer value.
Sometimes, there's a TON of NBA value. Other days, I find really profitable (e.g. Positive EV) bets in hockey. It depends. Sports betting is about getting an "edge" and data, not a specific sport.
My 2022/2023 results from verified public bet tracker @pikkitsports are in the 2 pictures. Some years, more of my profit comes from NBA betting. Other years, it's NFL. That's just variance.
1) More sports = more opportunity. Strategy video:Â youtu.be/nxS7mkHxSmo
We want to use multiple sportsbooks as sharp, profitable bettors. All books set their own "prices" (e.g. odds & lines), so the betting market is extremely fragmented/inefficient. We never know which book is going to have the best value (e.g. Positive EV, arbitrage, middle bets) on a given day. Sometimes, DraftKings has a ton of value. Other days, it's BetMGM & Fliff.
For the exact same reason, we want to bet on MULTIPLE sports. More sports = more surface area for the sportsbooks to cover = more opportunities for books to "slip up" & offer value.
Sometimes, there's a TON of NBA value. Other days, I find really profitable (e.g. Positive EV) bets in hockey. It depends. Sports betting is about getting an "edge" and data, not a specific sport.
My 2022/2023 results from verified public bet tracker @pikkitsports are in the 2 pictures. Some years, more of my profit comes from NBA betting. Other years, it's NFL. That's just variance.
2) Having an "edge"Â isn't related to a specific sport.
Tutorial video on the 4 main sharp, data-driven betting strategies:Â youtu.be/nxS7mkHxSmo. All 4 of these strategies making money for ANY sport...
x.com/TheArbFather/s…
I've never met a gambler who makes money betting on the NBA but loses money on the NFL. If you're a degenerate gambler placing parlays with no edge, then you're going to LOSE money. It doesn't matter what sport you're betting on...
If you're arbitrage betting with OddsJam like @TheArbFather, you're making RISK-FREE money. A 5% arbitrage bet = $50 risk-free profit for every $1,000 wagered. It doesn't matter if it's an NHL, MLB or NBA arbitrage play.
Again, arbitrage is a risk-free betting strategy. As an arbitrage bettor, you're day trading the sportsbooks & "hedging" for a profit. All books set their own "prices," so arbitrage is just when 2 books have SUCH different odds that you can hedge for a guaranteed profit.
TLDR: If you lost money betting on the MLB, then you'll lose money betting on the NBA/NFL if you're using the same strategies.
Tutorial video on the 4 main sharp, data-driven betting strategies:Â youtu.be/nxS7mkHxSmo. All 4 of these strategies making money for ANY sport...
x.com/TheArbFather/s…
I've never met a gambler who makes money betting on the NBA but loses money on the NFL. If you're a degenerate gambler placing parlays with no edge, then you're going to LOSE money. It doesn't matter what sport you're betting on...
If you're arbitrage betting with OddsJam like @TheArbFather, you're making RISK-FREE money. A 5% arbitrage bet = $50 risk-free profit for every $1,000 wagered. It doesn't matter if it's an NHL, MLB or NBA arbitrage play.
Again, arbitrage is a risk-free betting strategy. As an arbitrage bettor, you're day trading the sportsbooks & "hedging" for a profit. All books set their own "prices," so arbitrage is just when 2 books have SUCH different odds that you can hedge for a guaranteed profit.
TLDR: If you lost money betting on the MLB, then you'll lose money betting on the NBA/NFL if you're using the same strategies.
3) DFS (PrizePIcks, Betr, etc) Requires Multiple Picks. Profitable PrizePicks strategy tutorial on YouTube:Â youtu.be/vddRLRyP8S0
DFS apps like PrizePicks require multiple picks to submit an entry. Sometimes, I'll see two NFL player props that have a high edge. However, I'll "round out" my slips with NBA/CBB/eSports picks that have an edge.
Again, if you're only betting on one sport, then you're REALLY limiting yourself... Sometimes, there's NFL bets that have a very high edge. Other days, it's NBA/CBB. More sports = better.
There's not a SINGLE proven, data-driven strategy that is profitable for betting on basketball but NOT football.
DFS apps like PrizePicks require multiple picks to submit an entry. Sometimes, I'll see two NFL player props that have a high edge. However, I'll "round out" my slips with NBA/CBB/eSports picks that have an edge.
Again, if you're only betting on one sport, then you're REALLY limiting yourself... Sometimes, there's NFL bets that have a very high edge. Other days, it's NBA/CBB. More sports = better.
There's not a SINGLE proven, data-driven strategy that is profitable for betting on basketball but NOT football.
4) There's Positive EV (e.g. profitable or +ROI) promos for EVERY sport/league. Sign-up bonuses/promos tutorial video: youtu.be/F5KRaIBTt7w?si…
Promos are the EASIEST money we'll ever make sports betting. Some of these promos are literally free money. Obviously, you want to be taking advantage of ALL profitable promos. If a bet has an "edge" & is profitable, you want to take it... Shouldn't matter if it's MLB or NBA or NFL.
Promos are the EASIEST money we'll ever make sports betting. Some of these promos are literally free money. Obviously, you want to be taking advantage of ALL profitable promos. If a bet has an "edge" & is profitable, you want to take it... Shouldn't matter if it's MLB or NBA or NFL.
All my bets are tracked on verified public bet tracker @Pikkitsports. Here's my 2024 results...
1) If I only used 1 sportsbook, then I wouldn't be able to get these results... I've used 50+ sportsbooks since I started gambling.
2) If I only bet on 1 sport, then I wouldn't be able to get these results... I'll bet anything if there's an edge. @cmattdowns breaks down how EXPLOITABLE PrizePicks is on eSports (CS2, League of Legends ,etc) in this video: youtu.be/g6JBOO96whw?si…
TLDR: There's money to make on every sport. Learn sharp, data-driven betting strategies like arbitrage and then apply them to EVERY book/EVERY league and you'll make a lot of money.
1) If I only used 1 sportsbook, then I wouldn't be able to get these results... I've used 50+ sportsbooks since I started gambling.
2) If I only bet on 1 sport, then I wouldn't be able to get these results... I'll bet anything if there's an edge. @cmattdowns breaks down how EXPLOITABLE PrizePicks is on eSports (CS2, League of Legends ,etc) in this video: youtu.be/g6JBOO96whw?si…
TLDR: There's money to make on every sport. Learn sharp, data-driven betting strategies like arbitrage and then apply them to EVERY book/EVERY league and you'll make a lot of money.
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