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Low to High Risk Sports Betting Strategies: Which are Most Profitable? (Sports Betting Tutorial)
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Email me with questions (comment too!): amonahan@alumni.stanford.edu
In this video, I discuss various sharp, data-driven sports betting strategies. I go through ways to make money sports betting. We start with low risk betting strategies.
I classify two strategies as low risk: arbitrage & promos/bonuses. I explain that many sportsbook sign-up bonuses can be turned into risk-free cash by hedging. I also go through various examples of "no brainer" free money sportsbook promos on Fliff, PrizePicks, Fliff, DraftKings, etc.
I explain that sportsbook sign-up bonuses, including deposit matches, are often very profitable. PrizePicks, for example, has a $100 deposit match. I explain that there are sports betting tutorials breaking down how to turn these promotions into risk-free cash. I go through various examples of sportsbook sign-up bonuses, promos & bonuses.
Next, we discuss arbitrage, This is another low risk sports betting strategy. The OddsJam sports betting software has a betting tool for arbitrage. There's 200+ sportsbooks with odds on OddsJam. Arbitrage is a way to hedge your bets for a risk-free profit. I go through the sports betting math & formulas behind arbitrage in this tutorial video.
Arbitrage betting is possible on all major sportsbooks, including BetMGM, FanDuel & DraftKings.
Next, we delve into medium risk betting strategies. I explain that middle betting is a medium risk strategy. You're day trading discrepancies between sportsbooks. Middle betting is similar to arbitrage but it's still possible to lose a small amount of money due to the vig.
I then go through sportsbook odds boosts & profit boosts. I classify these sportsbooks promos as medium risk.
Finally, we explain high risk betting strategies like Positive EV betting. Higher risk = higher return. I explain that DFS fantasy pick 'em platforms like Dabble Fantasy & Betr Picks are parlay only sportsbooks.
#sportsbetting #draftkings #prizepicks
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