to make money betting on sports there are three strategies bonus bet converting Arbitrage betting and positive expected value betting in order to get new customers to sign up Sports books give out new player promotions like bonus bets and risk-free Bets just go to the website of any sports betting company and you'll see these sign up offers on the front page for example guys bet MGM is offering new players $1,500 in risk-free bonus bets when you sign up what we can actually take these offers that Sports books give us and hedge them to make a guaranteed profit what 95% of people would do is take this money and use it on negative expected value bets meaning they're guaranteed to lose money over the long term why else do you think these websites give out free money guys because they know they're going to make it right back from people who don't know what they're doing but luckily that's not us what we're going to do instead is take this free BET and place it on one side of a game we're going to go to a different Sportsbook and hedge this free BET by betting on the other side of the same game with our own money this means that we profit no matter which bet wins by hedging this free bet we're essentially converting it to cash and mathematically guaranteeing ourselves at least a 70% profit this means that from this $1,500 free bet we just guaranteed ourselves $1,050 completely risk-free with literally no work what you can literally sign up for every sports book available in your state DrftKings FanDuel B in GM cers all of them and do this exact same thing sign up take their new player bonuses hedge them to make guaranteed profit and repeat this is a 100% safe strategy that will profit you $5,000 or more completely risk-free within your first month of betting before you get ahead of yourself though do not start signing up for sports betting websites yet you're going to want to finish this course first or you might make a mistake and if you already have sports betting accounts open meaning you already bet on Sports don't worry you can and you should still follow this course the second type of betting is arbitrage betting Arbitrage betting is when you bet on two different sides of the same game on different sports books allowing you to make a guaranteed profit regardless of which bet wins if you don't quite understand imagine betting $1 on both sides of a coin flip if it lands on heads you win $110 but if it lands on tails BS you win $115 regardless of which one it lands on you would make a small profit from your bet this is how Arbitrage betting works it's literally free money guys it's simply because different sports books have different odds and odds often align in a certain way that allows you to bet on both sides of a game and come out a small winner regardless of the outcome yes I know it sounds too good to be true but it's not it's literally just taking advantage of different odds on different sports books I used Arbitrage to make my first $30,000 sports betting that's why these two strategies are extremely powerful they literally allow you to cheat the system and make guaranteed money just by using basic math the third typ of betting is going to be the main bulk of our income guys and that is positive expected value bets put simply positive expected value bets are bets that beat the house Edge positive expected value bets are the holy gry sports betting because they're bets that are mathematically guaranteed to win over the long run let's go back to the coin flip example imagine we bet $1 just on heads every single time if heads wins we win $110 but if Tails wins we only lose our $1 stake if we keep flipping this coin over and over and over our expected value is positive because our winnings always outpace our losses because remember if we win we get $110 but if we lose we only lose a dollar these best daily profited me an average of $136 every single day from January 2022 to September 2023 that's $4,100 a month literally a full-time income I truly believe that this is the best side hustle in the entire internet and if this interests you and you want to get started right now then there's two easy things that you need to do number one you need to down to the description and click on the first link to start your 7-Day free trial of oddam positive expected value plan every single dollar that I've ever made betting on sports has been because of this website and you'll need it to follow along with this course yes after the trial it is a paid software and no it is not cheap because it's the gold standard tool for betting on sports and it's absolutely necessary I'm active in a community of hundreds of winning Sports bets we all use oddam and we all show our bets and statistics publicly for everyone to view so that you know it actually works and when you sign sign up with my link you're going to get 20% off your first month just use the free trial and if by the end of this course you decide that this isn't for you then simply cancel the free trial number two you need to add me on either Discord or Instagram so that if you have any questions about any of this you can send me a message as long as it's a reasonable hour I'll respond to any question that you send me within a few minutes I simply want to help you become a profitable Sports better 99% of the people on the internet talking about sports betting have no idea what they're doing and they can't even show their profit loss I'm going to give you the secrets that professional sports bets use to make millions and it's all going to be in this video for absolutely free in this course I'm going to explain in simple Elementary terms how to do bonus bet converting Arbitrage betting and positive expected value betting before we start though there are three small things that you need to understand odds tracking your bets and most importantly you need to understand avoiding limits these are sports betting odds odds are numbers set by the sports books that determine How likely an event is to happen as well as how much money you would win if you bet on that event if you can't explain to me in detail detail what everything in this picture means then you need to watch the 9-minute video linked below this is a great video by Action Network that explains what sports spitting odds are odds are the absolute fundamentals of sports betting and they're super easy to understand again like I just said if you don't understand this you need to watch this video with that being said if you watch the video and you still don't quite get it don't worry about it just continue on with the course send me a message and I'll help you out and if you're someone who already fully understands all this cool you're already good the number two thing you need to understand is tracking your bets every single profitable Sports better tracks their bets so that they know how much money they're making at all times luckily tracking your bets is super easy with the help of two tools and we'll be getting into that later in the course number three is the most important thing and honestly the biggest catch to all of this I'm talking about limits the reality is that sports betting companies do not like players who use bonus bet converting Arbitrage betting and positive expected value betting and when you start to win large amounts of money they can limit the amount of money that you're allowed to bet this is an email that I got from bet 365 restricting the amount of money that I'm allowed to bet and this is an email that I got from the Hard Rock saying that I'm no longer allowed to use promotions you might be asking how does the sports book know if you're using these strategies they have a few different ways of figuring it out all of which I'm going to be going over at the end of this course and of course I'm going to be showing you how to get around this so that you don't get limited for as long as possible but guys you have to understand that it's basically guaranteed that you're going to get Limited at some point they're not just going to let you win unlimited money for the rest of time it's important to realize that this doesn't mean you're in trouble or that you can't withdraw your money it's simply their way of saying they don't want you to play on their Sports books because you're making too much money for now I'm going to teach you the first part of our sports betting plan and that is bonus bet converting continue on to the next lesson where you'll make your bonus bet game plan that's the last setup that we have to do before we start making thousands of dollars completely risk-free what we're doing now is making a simple game plan you need to make this to keep track of every single promotion available to you as well as their terms and conditions every state has unique Sports books that operate there which have their own unique promotions I promise we're going to get to the fun part and start betting on sports soon this is just some essential preparation and organization that we have to do Step One open up an empty spreadsheet in Google Sheets or Microsoft Excel step two in the first four columns type in Sportsbook promo requirements and expiration date step three go to my bonus bed cheat sheet and scroll down to find your state this is a free pdf I put together for you guys with a list of every sports book you should sign up for depending on what state you're in you can also go to sports books on online. com and find a full list of sports books in your state but I highly recommend just using my PDF step four enter this list of sports books into your empty spreadsheet under the column Sports books step five you're going to sign up for every sports book on your list by searching up Sportsbook and then sign up bonus for example with draftking search up draftking sign up bonus as you can see when I search this up it takes me to the official draftking site where it shows their new customer sign up bonus now you're going to enter this bonus bonus into your spreadsheet their new customer promo is get $150 in bonus bets when you bet $5 so go to your spreadsheet and beside DrftKings enter $150 bonus bets as the promo and the requirement is to bet $5 that's the action that we need to complete in order to get the bonus bets finally you're going to go through with the sign up process for the site do you see what we're doing we're signing up for these sports betting websites and writing down the promotions that they're giving us so that we can easily keep track of them and complete them all now you're going to do this with every Sportsbook on your list for example if Caesars is on your list search up Caesar signup bonus go to their official site where it shows their promo and enter it into your spreadsheet but wait a second listen to this real quick you need to understand something very important and that is the difference between bonus bets and risk-free Bets bonus bets are free money that you get for completing a task while risk- Free Bet is free money that you get back if you lose your bet an example of a bonus bet promo is something like deposit $10 and get $200 in bonus bets or bet $50 and get $250 in bonus bets a risk-free bet promo is something like get up to $11,000 back if your first bet loses you might see risk-free bets also called Second Chance bets the promotion that you'll get on a lot of these such as Caesars or B MGM or bet Rivers Etc are going to be risk-free bets not bonus bets so just make sure you specify the difference for example with Caesars the promo says if your first bet loses you'll get it back as a bonus bet up to $1,000 so in the spreadsheet you should type in $1,000 risk-free bet and the requirement is to lose your first bet you might be asking yourself how how is this profitable and why is this good if you have to lose first to get back a bonus bet and that is actually a great question that I'm going to address it's actually dead simple to make $1,050 or a 70% Profit just from this one promo even if you have to lose your first bet so go ahead and finish signing off for every sports book on your list and filling in their promos making sure to pay attention to whether it's a bonus bet or a risk-free bet promo you should now deposit money into any sports book where you have a bonus bet promo and fulfill the requirements in order to get the bonus bets on DrftKings for example all we have to do is BET $5 so just bet five bucks on whatever you want doesn't matter and you'll get all your bonus bets on FanDuel for example you have to place a $5 bet that wins so go bet on something that's a heavy favor to win this for example this bet is- 8,000 it's basically never going to lose so bet on something like this and when it wins you'll get all your bonus bets also as you may have noticed these bonus bets do have expiration dates so make absolutely sure that you take note of these and write them down in your spreadsheet so don't forget you're going to learn how to make guaranteed maximized profit with these bonus bets in the next lesson awesome if you followed along with me until now you should now have some bonus bets now comes the fun part we're going to take these and turn them from site Credit into cash at a 70% or more profit with zero risk to do this we're going to need odds gem the software that I told you to sign up for in the beginning of this video If you haven't signed up for it yet go down to the link in the description and sign up now when you first sign up this should be the screen that you see first the only thing that you need to do is Select existing Sports books number two you don't need to worry about any of this this is simply going to ask you what sports books are legal in your state so it can show you relevant information so just select the sports books that were on your spreadsheet all right guys so I just logged into my fanuel as you can see I've got2 200 what is this $200 of bonus bets I got this referral bonus and then you got this one the one that all new customers get log into ojam and go over to the side where it says convert bonus bets this screen is showing you the most profitable ways to convert your bonus bets go over here to Sportsbook and select the Sportsbook where you're trying to convert the bonus bets in our case it's FanDuel then input the amount of your bonus bet in this case it's 150 what this tool is doing is scanning all of our Sports books and it's saying hey how can we hedge our bet to get the most profit possible over here you'll see the amount of profit that you'll make just by hedging this free BET completely risk-free right here is where it tells you how much you have to hedge your free BET at so in this case you would make a 76% Profit just by placing your Free Bet on Cincinnati Bengals money line and then going on pin P Le and using your own money right here $515 to bet on the other side of the same game which is Jaguars money line when we make this bet there are only two possible outcomes either the Bengals are going to win or the Jaguars are going to win yes technically there could be a tie but forget about that if the Bengals win and the Jaguars lose then we win our bonus bet and we get paid out $630 but we lose our hedge bet which is $515 this leaves us with a total profit of $114 but what if the opposite happens what if the Jaguar win and the Bengals lose we would win our hedge bet and get paid out $630 and lose our Free Bet which cost us nothing $630 minus our $515 stake is guess what $114 the exact same profit as if the Bengals would have won that's where this number comes from this is how much we are guaranteed to make regardless of who wins the game and this is the percent of the bonus bet that we turned into Cash 114 / 150 is 76% in this situation we can simply make these bets and kick our feedback knowing that we're going to make over $114 on one single game from doing literally nothing we started with $515 of our own cash and a $150 bonus bet and we turned it into a total of $63 cash the amount of profit as well as the Hedge amount all depends on the odds you'll notice that with any bonus bet you can usually convert it at a rate of 70 to 90% profit and the lower the numbers for the odds the lower amount of your own money that you'll have to use as a hedge for example hedging a bet where the odds are in the 1000s is going to require you to use a lot more as a hedge than a bet where the odds are in the 300s or the 200s even though they're the exact same profit if you're operating with a small bank roll don't get scared by the large numbers for this bonus bet conversion right here all you would need is $278 total it goes without saying but now is the time to deposit money into your sportsbooks on a Case by case basis when you see a good bonus bet conversion opportunity simply just deposit the amount of money that you need to hedge if you are a new sports better do not do a bonus bet conversion with a book that has a risk-free bet sign up promotion what do I mean by that Sam I'm a new player and I just signed up for bet MGM bet MGM has a 1. 5k risk-free first bet so what you don't want to do is take your bonus bets on FanDuel and then make a hedge bet on BET MGM that means you just wasted your risk-free bet we want to save these risk free promotions for later now you know how to convert bonus bet promotions to guaranteed cash you should now sign up for every sports book that has a bonus bet promotion in your state and fulfill their requirements depending on what state you live in and what sports books and promotions you have there you could probably knock all these out in a day or two that is several $100 right there just from these bonus bets I understand some of you might be operating with a smaller bank roll and that's perfectly okay you can just do the promotions in groups let's say you only have like $1,000 you could do the promo for FanDuel and DrftKings maybe withdraw a little bit of money and then do it on bet 365 Etc of course I know that we're all in different states and you might not have the same Sports books as me but the point is the same next up we're going to do these risk-free bets or second chance bets this is where you have to lose your first bet and then they give you bonus bets back which is not a problem at all we're literally going to finesse the system to make thousands of dollars completely risk-free all right guys so this is how risk-free promotions work if you sign up and you make a bet with your own money and you lose this first bet they'll give you back that money in the form of bonus bets so in this case if I bet $500 on the cowboys tonight and they lose they'll give me back $500 in bonus bets well under normal circumstances this is pretty useless if this happened we'd be down $500 and all we would have is some sight credit luckily though we can actually cheat these promotions to avoid losing any money at all while still getting these bonus bets to do this we're going to use the low H holdes betting tool on Oz gy the concept is very simple we're betting on both sides of the same game on two different sports books in order to guarantee that we don't lose anything we're basically just using hedging again what ojam is doing is scanning all of our Sports books to find Opportunities where we can bet both sides of a game and come out dead even or at least close to it which is actually very rare and would be impossible to find without software say we have our $500 risk-free bet and we bet it on something that's plus 265 we then take 1.
3k of our own money and we bet it on the other side of the same bet which happens to be at - 265 on another sports book these two bets are even money meaning that we lose $0 by betting on both sides however one of these bets is going to win and one bet is going to lose they can't both win well what's more likely to win something that's plus 265 or- 265 minus 265 of course but our risk-free bet is the one that's on plus 265 meaning it's probably going to lose and when it does lose bet Rivers is going to give us $500 in bonus bets despite the fact that we didn't lose anything at all do you see what we just did we hedged our risk-free bet on another sports book ensuring that we lose $0 but we're hoping that the side with our risk-free bet promo l loses and if it does we get credited with a free $500 bonus bet so the only two outcomes in this situation are a the BET wins on BET rivers and it loses on the other Sportsbook and we make $0 or B the bet on the other Sportsbook wins and the one on BET Rivers loses we still make $0 in profit but we get awarded a bonus bet from BET Rivers we can now use bonus bet converting to get a 70 to 90% profit on this $500 bonus bet you should now know how to convert all the bonus bet and risk-free bet promotions and your spreadsheet for the bonus bet promotions all we're going to do is hedge them using the bonus bet converter for the risk-free promotions we're going to use the low holds tool on odd Jam to extract the bonus bets from this promotion and then once we get the bonus bets then we're going to use the same method as the bonus bet conversion now that you know how to convert all these bonuses to cash it's up to you to determine how much money to allocate to each promo as well as what order that you're going to do them in obviously with these risk-free bonus promos you don't have to use the entire amount if the promo says risk-free bet up to $1,500 you you can do $500 you can do $250 whatever works for you the amount of money that you're going to make from promos is heavily dependent on number one your bank roll and number two how many sports books are legal in your state for example if you only have $11,000 total to bet with you're going to have to complete these Promos in groups similarly if you live in a state like Wyoming where there's only four Sports books you're not going to make as much off promotions as someone who lives in a state like Virginia or New York where there's way more books I personally think that the sweet spot is anywhere from a 3 to 5K bankroll but it's more than okay if you don't have this you can still absolutely kill it with Arbitrage betting and plus EV betting with a smaller bank roll anyways taking advantage of all these should take you anywhere from a few days to a couple of weeks after which you'll start exploring Arbitrage beding and plus EV beding I know I've said this a million times but if you have any question about any of this or you're confused about anything just shoot me a message and I'll help you out all right guys this is going to be a super quick lesson as you know an important part of profitable sports betting is tracking your bets if you don't track your bets you have you have no way of knowing how much money you're actually making luckily there's an app that's super cool that tracks all your bets completely for free the app is called pick it this is not a desktop app this is only on your phone or iPad or tablet the app is completely free there's no upcharges or anything but if you use my code Eagle 24570 I actually get a very small referral bonus so I would appreciate it if you guys used my code when you sign up so take out your device and download it now and I'll explain how it works it's actually super cool it syns with all your sports books it shows your profit loss and exactly how much money you're making day by day month by month or year by year it also shows the balance that you have on each sports book so you don't have to log in to see how much money you have on each one pretty much every professional sports better uses this if you go on Twitter and you look at people's profit loss it's almost always in The Pick It app not only can you see your own statistics you can actually see other people's too you can actually click on someone's profile and see their alltime return on investment their profitability and all of their bet history which cannot be edited by anyone even yourself it's all third party and syn up with your sports betting websites it's truly insane my picket is down below in the description by the way if you want to check it out picket is an awesome app but it's not compatible with every single Sportsbook just yet more like 80 to 90% of them some smaller ones like bed 365 aren't available just yet but are coming to the app very soon for this reason I actually don't recommend using picket as your primary way of tracking your bets if you have sports books that aren't supported on there you should 100% And I cannot stress this enough use the oddam BET tracker when you make your bets literally all you have to do is when you place a bet from the plus EV or Arbitrage or bonus bet tool click this blue plus button right here and push save that's literally it it will then be put into your bet tracker and when it either wins or loses it'll be shown in your statistics I personally use my own bet tracker and Google Sheets for 100% accuracy and you can try it too if you want I'll have the link down in the description with an empty tracker and instructions on how to use it if you're interested next up we're going to learn about Arbitrage bedding remember when we talked about odds earlier well these odds are set by algorithms and they're constantly changing sometimes by the minute in addition to this every sports book uses slightly different algorithms to set their odds sometimes odds align in such a way that allows us to bet on both sides of a game on two different sports books and make a small guaranteed profit I'm not going to go into the math behind this because honestly it doesn't matter that much all you need to know is that these Arbitrage opportunities are pretty rare and don't last that long that's where odds gem comes in odds gem scans all your sports books and in real time shows you any Arbitrage opportunities available for reference this would literally be impossible to do without software the world has never had a tool that makes risk-free betting this easy to see how it works go to the tab on the left titled risk-free Arbitrage on this page you're going to see the event the two sports books that the bets are on as well as when the game is happening it also shows you how much profit the BET returns all you have to do is click on the calculator button and input however much you want on one side of the bet it's then going to tell you how much you have to bet on the other side then the number that you enter in just depends on however much you have to bet with a normal amount for me would be about $250 given this number it tells me that I need to put $425 on the other side in order to make this guaranteed profit of 6250 or 8. 47% of course you don't need this much money to do the exact same thing say you have $100 type in 100 and we can see that we need to bet $175 on the other side to make this guaranteed profit of $25 in case you don't understand how insane this is we're making almost a 9% return on our money from one single bet this is the average return at the stock market in an entire year and we're making it in one single bet and it's completely risk-free this is the smart way to bet on Sports not every bet on there is going to return 88. 4% like this one but still the strategy is simple keep odm open as separate computer tab and check it throughout the day whenever you see a good Arbitrage opportunity log into the two sports books place the two vets then go on about your day it really is that simple simple most Arbitrage bets are going to be around 2 to 5% profit meaning that depending on how large your bank roll is you can make anywhere from $10 to $100 per day just doing Arbitrage this may not sound like much but it quickly adds up just $50 a day is $1,500 a month which is a 87% profit margin after you subtract the cost of OD gem that's literally all there is to it guys look at the Arbitrage beted a few times a day and place a few Arbitrage bets and you can make a very solid profit Arbitrage betting is risk-free but it does come with a couple of issues number one it's more worth it when you have a larger bank roll number two it's a bit harder to not get limited when you're Arbitrage bding which I'm going to discuss later honestly if your bankroll is on the smaller side or you want to make money even easier I still recommend that you try out Arbitrage betting for a couple of weeks but you'll probably like the third and last type of betting way more and that is positive expected value betting continue on to the next lesson to learn about what is in my opinion the greatest side hustle on the entire internet positive expected value bets we've now made it to the final method of profitable sports betting and that is plus EV bets this is by far the easiest thing to do in this entire course and it's the perfect compliment to bonus bet converting because it's fun it's sustainable longterm and it's extremely profitable what exactly does plus ev even mean though well in order to make money Sports books add what is called The Vig on top of every bet think about it like this imagine you're able to buy $10 bills for $9.
60 or you can sell $10 bills for $10. 40 sounds pretty good right this is essentially how Sports books are making their money they're charging a spread on every single wager well this makes 99% of all bets on a sports book negative expected value meaning you're going to lose money long term the most obvious example of this is in plain sight for pretty much every game look at the odds for the point spread and the over under notice how usually it's minus 110 instead of plus 100 if it was fair odds it would be at plus 100 but instead the sports book puts a 10cent tax on it meaning that you won't profit in the long term term if this wasn't the case then all sports Bing companies would be out of business the cool thing though is that around 1% of bets on Sports books are actually positive expected value meaning they're mathematically guaranteed to win in the long run we can find positive expected value bets by comparing odds to the rest of the market Whenever there are odds that beat the vi we can say that they're plus EV and mathematically guaranteed to win in the long run let me show you an example here we can see that LeBron James over 262 points is plus 117 on these three Sports books however on every other sports book is at - 113 - 137 Etc this is because like I said different sports books have different odds well in reality the no big odds are plus 106 this is what the BET should be at without the house Edge but we're getting it at plus 117 meaning we're beating the house with an edge of almost 5% sound confusing well it's not all you have to do is open the ojam positive expected value tool and place these bets that are profitable this is the only setup that you're going to need when you open the plus EV tool for the first time it's probably going to ask you to enter your bank roll and your Kelly multiplier Kelly multiplier is basically how much of your bank roll do you want to risk at one time and how much risk you want in general I recommend that you stick with around 025 over here it tells you exactly how much to place on the beted right now this is assuming a $33,000 bank roll and a 0. 25 Kelly multiplier here's an example of me placing a plus EV bet I saw that Leeds versus Swansea total goals had a 9.