Making money sports betting isn't hard. The simple math behind sharp betting.

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In this video, we discuss the key concepts for identifying sports betting opportunities and value odds. The concepts discussed include no vig fair odds, closing line value (CLV), expected value and line shopping. No vig fair odds are derived from sharp sportsbooks, such as Pinnacle and BookMaker. Implementing a mathematical sports betting strategy will enable you to make more money as a sports bettor in the US or Canada.

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Video description:
Alex is a former quant trader on Wall Street, and he graduated from Stanford in math and computer science. In this video, he outlines the basics behind coming a sharp sports bettor. First, you need to know which sportsbooks are the "sharpest." Pinnacle sportsbook is known for being one of the sharpest books in the world; they even call themselves arbitrage friendly! BookMaker is another sportsbook that is known for having low vig and being extremely sharp.

We use BookMaker and Pinnacle to derive fair, no vig win probabilities for particular wagers. With these win probabilities, we can calculate the expected value of our wager. We should only be placing wagers on odds with positive expected value. Many sharps use the kelly criterion in sports betting to determine their optimal bet size.

Arbitrage is a beginner sports betting strategy. It involves generating risk-free returns in sports betting to grow your bankroll.

About Alex:
LinkedIn: https://www.linkedin.com/in/alexander-monahan-31a48b183
Twitter: @AlexMonahan100

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Видео Making money sports betting isn't hard. The simple math behind sharp betting. канала OddsJam Inc.