2022: How I Made $205,000 Profit Sports Betting in One Year
Vložit
- čas přidán 4. 09. 2024
- Visit OddsJam (promo code "ALEXM_YT" for 25% off first month): oddsjam.com/su...
My Twitter: / alexmonahan100
Email: Alex@OddsJam.com
Positive EV Tool: oddsjam.com/be...
Arbitrage Tool: oddsjam.com/be...
Spreadsheet to calculate profit goals: docs.google.co...
My Pikkit Profile (3rd party bet tracker): links.pikkit.c...
In this video, I break down how I made $205,000 sports betting in 2022. I cover a variety of key concepts to become a sharp, profitable sports bettor.
I began betting much more seriously once sports betting legalized in the United States in 2018. This was after a Supreme Court ruling. Major sportsbooks like FanDuel & DraftKings entered the United States.
The main profitable sports betting strategies discussed are arbitrage, Positive EV and sportsbook bonuses. These are three easy ways to make money off the sportsbooks.
#sportsbetting #makemoney #betting
I like that analogy “ you don’t take addiction advice from your drug dealer “ 👌
it's true 🤣
Yes that was a very important line to understand what all the advice from the books are about......more money.
No, but you don’t take addiction advice from someone who’s never been an addict either. 🤷🏻♂️
Omg soooo funny
Also don't take advice from someone who has a vested financial interest in you losing! I can't make it any simpler than that =)
A tip I've found to spot almost certain winners is to look at the first line on a suggested "quick(idiot) parlays"...
They like to start it off with something that looks certain to actually happen, that top line is the hook..
Following 3 months of keeping track, the first line won straight up 91% of the time.
On what app?
Now that you've written this, the books will change the order on purpose 😅
Great video. I’ve been doing this for years and have made a nice chunk this year but a lot of people just talk and not provide receipts and info like this
If interested in a sharp sports bettors NFL picks reply to this message.
11 minutes in and all I know is sports betting is beatable and it take hard work. No real tips on how. My tip is skip the first 11 minutes of this video.
What you think this is??? Everything is a risk… he can’t make the plays hit for you… even if he were to give you the best tips.
some bs comment
I’m 11 minutes in and I just read this comment unfortunately
If interested in a sharp sports bettors NFL picks reply to this message.
Love this. Trying to do the same thing. I'm betting like 100-200 times a week and so far 4Xed bank roll in 2 weeks. But starting VERY very small. Micro bets. Looking to keep adding small to the bank roll to start betting more each month. Let's see how I go!
Did you study CS?
you'll probably get banned/limited before you can even increase your stakes.
@@benzok8375??what
you cant lose if you use progression o win bets like they do on roulette say either small money lines totals or spreads if you lose bet more till you win then start over paprlays less risk the whale in vegas progresses and reduces w round robins he is up millions over time and emails me from his agency and had vidos on his emails
How are you doing a month in man?
Over here in Europe, bookies are hot onto this. They will either close you down, or limit your stakes to almost nothing within a few bets if you are only arbing/taking value/winning constantly. The good days are gone.
That is why we use exchange markets.
@@dominikadamus5053 I agree, and the US will probably end up going the same way for the same reasons.
I made $2k my first week putting in that work from Sun up to Sun down, I've lost a lot in between but it's all growth, every loss learn from it and turn it into a W next time round!
yeah but careful, maybe not for you, but gambling addiction starts like that and then little by little you justify losing more and more... again nothing personal to you, i like your attitude, just have experienced and heard from a lot of people and we tend to forget and minimize the losses remembering the wins. Though this is mainly when we are just gambling and not following a strategy, best of luck man. Hope you figure your strategy and keep winning, have a good one!
@@mcube_yt_818 why you need to practice risk management and if you realize you're starting to have bad compulsions, risk management step away for a couple days and clear your head, when you start to lose you get desperate and when you get desperate you lose some more in a never ending hole, the money, will always be there, just take a break , I've been there!
@jamesconnor5923 you got find your niche in sports betting, I'm a player prop sharp, you find out what your good at, baseball is crap for me, made a a few bucks in tennis, player props I've made a small fortune so far.
Love your explanations on this. I feel unmotivated to bet in any other method but this type of mindset.
Yea you are right, if you want to get started with sports arbitrage let me know I got a course on it for newbies
@@noelfuh8153do you still have the course available
Signals I follow made this return ( from 1.09.23)
Lay away side - 257 games, 88.72% wins, 95 points profit, ROi 10.94%
Ltd - 162 games, 82.07%, 53 Points, ROI 10.65
What’s this mean ?
I respect ur point most can't even show they made 100k u broke it down great
Why do you offer affiliate links to sign up for every sportbook? It's a weird conflict of interest. It's well known that bookies ban/limit profitable (unprofitable to them) customers. If your strategies actually work, then why would bookies even want customers familiar with them?
If I were a bookie I would automatically red-flag any account that signed up from an odds jam link and keep a super close eye on them
Probably getting paid by them!!
Seems like a valid point.
Just got into sports betting this January, I’ve been watching CZcams videos on it since and I like your videos the best! More detailed and informative. Thanks bro!
Good luck learning anything useful.
EV betting is the way to go
@@biggstravels1851 ev betting is garbage 🗑 spend 4000 hours and teach yourself how to bet ingame so you won't have to do exactly what your competition is doing.
Bright future ahead
How much have you lost?
I've been unsure about the betting business due to must bad news, at the same time I still feel it's the right time to make profit cos of the new start of the season, heard someone speaking of making over $500k since the lockdown and I'm driven to ask what techniques/skillset is needed to achieve this
it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research
To succeed in the betting business, you must review and put into consideration, the dynamics of your betting bank roll management prior to investing. Analysis Based on Research is Vital which is why; I recommend betting with a Professional if you don't know the basics
you cant predict a given game a sure way to win if you have capital is to progress and go back start w a baseobjective of 100 dollars so say you bet minus 110 and lose you need to bet 200 or can use money lines and bet more or hockey run lines is pays more minus 1.5 you shdnt lose more then 4 in a rown then start over with the 100 objective after 40 plays maybe your up 10 units
If interested in a sharp sports bettors NFL picks reply to this message.
The key point you mentioned was that it takes a lot of time to make anything significant in wagering sports. I’ve been a professional for 20+ years now and I earn a nice ROI each year… however you can’t make millions. 100k -120k has been by ceiling each year. Yes you could edge out more but “logistically” it’s extremely hard to get down the action. Unless you have runners working for you. (Been there and done that too) and that’s never sustainable. But anyways love your content and how you keep it real. Would love to get my 100k to 200k though. ;). We’ll see.
Well id make a guaranteed parley as fool proof as you can get like a 2-3 pick Parley get the odds up +300 drop $25k on it , take the profit from that , and keep trying your luck, I did that with 10 bucks got up a couple grand, you can literally bet on anything' like this guy won't hit a home run etc to get the odds up
@jamesconnor5923 agreed. My bread a butter is 20 and 25 point parlays (NBA). 2-3 players for right around even odds. It hits for me enough to be profitable but it's never guaranteed. Even superstars have off nights, a blowout can fuck you or an injury.
@jamesconnor5923ya I hear you I’ve learned it’s always the one or two long shots that screw my parlay
As you build your bank roll just increase your unit size…. +100units x2000 per unit gives you 200k
@@kundaimawoko5420 it’s not that easy to get $2000 units on the apps. These books will limit you to $500 or less per play.
I like how hard you stress to people that they need to put in the work.. Its every single day.
Yessir it's true
In the UK, the betting apps have limits, bet365 £20,000 then they will close your account. How come your apps don’t do the same in the US?
We’re at war with the Sportsbook. Agreed
What software are you using to track the discrepancies amongst the bookies' odds?
Did you figure it out?
@@zicko6677I'm also waiting for the answer
He has some links in the description
Pikkit is a great app that have multiple books odds on there
on the sign-up bonus you need to take a close look to t&c, specially the rollover. In Europe most platforms only accept odds up to 1.7 to 2 to complete the rollover
No feelings, just money
If interested in a sharp sports bettors NFL picks reply to this message.
im a $10 bettor and having $200k would be a dream
Take that $10 buy an audio book on how to sell? Then start selling oddsjam subscriptions like this guy did to people like YOU who want to turn $10 into $200k 😂
*seriously* thats an option either that or put $10 dollars on a 15 team parlay cross your fingers and hipe it hits 🤞
@@jeremyscorpio4170
That's terrible advice. Nobody is going to make 200k betting $10. That's the first thing.
Secondly your bankroll has to be at least 100 times bigger than your bet size.
Thirdly to win you need to master the LOSING STREAK. Nothing else. The very thing that defeats 99% of gamblers is what you must master.
@@jeremyscorpio4170 Man I've been running 15 leg over/under parlays on the Sunday & Monday games since the NFL season started... a dollar will get you around $16K. I usually do at least 20 of them. Crossing my fingers!!!
If interested in a sharp sports bettors NFL picks reply to this message.
Been gambling in nj since the day fan duel was legal in Jersey , only down roughly 1700 in the last 5 or so years , it varies by the month man I’ve had killer months and I’ve had months where im ice cold and in the hole (like right now🤣) I do it for the love of baseball and football and I’ve only placed my bets on fan duel , gonna finally take some advice and branch out into other sports books. Usually don’t listen to these nerds because they never played sports and most likely don’t even watch them but I actually like this guy. Good video bro
Hello, what site do you use for finding the odds please
If interested in a sharp sports bettors NFL picks reply to this message.
Around 3:00 - 3:39 you kept subconsciously shaking your head no when trying to describe what "you" can do
This works in the UK too.......... I'm the living proof 😀
I work in security so being able to do this while at my other job seems like a good use of time.
You won’t have the skills !
@@RoyChadwick51 ?
the arbitrage is small returns use a progression like they use on roullette martindale dubling till you win and start over easy to hit one of 3 or one of 4 with money you cant lose just play favorites to cover or dogs plus points
@@rogerrosen2323 who’s Martin Dale ?
thattttts the term for doubling your bets@@RoyChadwick51
I just subscribed now
Great video
Thank you for sharing this information with us 🙏
If interested in a sharp sports bettors NFL picks reply to this message.
Stanford was always top 3 Universities growing up.Hats off...Tuition is well above what the avg American makes.
30 minute ad for oddsjam
Great vid!
Question:
what's the avg daily amount of bets I should be placing when having a bankroll of $1000 using the Positive EV?
I would also like to hear an educated suggestion to this question
Could 0 to 50 only bet with an edge don't bet to bet
Arbitrage is great, it’s just spending the time finding the bets that are risk free is what I’m struggling with, the time it takes is the main issue
I thought oddsjam does the searching for you? I'm pretty sure there are other arbitrage tools out there that scrape the web and find the best arbitrage opportunities so you don't have to waste time to find them on your own.
If interested in a sharp sports bettors NFL picks reply to this message.
Been there done that. These betting sites will lower your limit.
Thanks for ur video. Very informative! I will email you soon. Have a question on the EV betting. But first vid I’ve watched of yours and u got my attention.
There seems to be one big issue with all this: bookmakers will immediately ban you (or severely limit you) from gambling with them again once they find out you understand value. You don't even have to make huge amounts of bets. In fact, one bet sometimes will already put you in their 'problem bettor' category. There are a few bookies that will allow you to win in the long run, but these places, mostly exchanges rather than regular bookies, are full of people that understand shit, so your competing against other pro's, lowering your chances of making a living out of it. Personally, I know if they let me play against them, they are bound to be screwed, but they don't let me! It's an unfair game played by greedy companies that take advantage of dumb and vulnerable people.
What's your experience?
2 questions:
1. What bet size do you recommend for each bet? Is it a good idea to just throw as much money as you can on something like an arbitrage bet, since it's risk free? Or will sportsbooks just limit you super quick when you do that?
2. How do taxes work for sports betting, when we're betting large amounts? Do I just pay taxes on the net winnings?
not if offshore bets they use bitcoin he shows offshre stats so he must bet legal and offshore
if you bet online and in person it depends on bet you can easily bet smaller amounts on tickets and other casinos in person
Whatever your bankroll is I divide by 40 and that’s 1 unit example $1000 bank roll = $25 per unit
No more than 10-15% of your bankroll maybe 20%. I do 1-3% per bet 3 bets per day. Good Luck
I've never gotten past 650$ without getting banned/limited to $5 max bets...
For some reason 650 seems to be the number...
I don't get any bonuses aside from the ones on TV commercials, and that is only because they are the "everyone gets a no sweat bet/profit boost etc etc.", but with 5$ limits maxed out
Thanx 4 the excellent video Alex. What did FanDuel limit you to and do you sell information ?
Hey man love the content my question is are the bets always one size or you double up when you loose on ev?
If interested in a sharp sports bettors NFL picks reply to this message.
I see the sign up bonuses all the time, BUT remember there's a rollover on that. Meaning you can't just deposit and withdraw the funds, it requires a bankroll rollover...some books up to 20 times!
Thanks Alex, I live in Colorado. Im not a bettor, not sure how I got to your site? Seems straight forward, thanks for the content!
Of course, make money!
By far the best sports betting video I have seen. What website can I use that will show me all the different lines from various books like you show in the video here?
i appreciate you for making these videos 💯
of course !
love the videos haha I I have 3 siblings, whom are all married. they know nothing about sports betting and had no accounts set up- so over the holiday I signed each of my siblings and their spouse up for : Fanduel, draftkings, and MGM I was able to hedge their promotion money out to where each couple got $1,000.00 and only used $100.00 per couple to trigger the promo money. Long story short 10x return on $100.00 was the talk of Christmas. Got me thinking ;I wonder how many couples there are in the world whom this process was applicable to. LMAO! There is money to be made in the sports gambling arbitrage world. BUT you better come with some bankroll and time commitment. People think they will turn $500 into $100,000.00! ain't happening.
Bro can I contact you. I wanna learn about the website u used and all stuff.
Depends how long is the life of each account...on some bookies you get limited 2-3 per day...
Hey Alex, Thank you so much. What advice would you give someone like me that only has access to one book and not multiple?
the arbitrage is alot of work and capital for a guarantee small
I don’t bet everyday but when I do, I turn 500 into 10k from one bet slip. I would personally say you shouldn’t bet everyday, I always go for quality over quantity matches...
I try to have a maximum of 10 matches on a single bet slip and all the matches I bet on end tht very day, I understand why people would include the following day’s matches but I find that more risky.
I also go for quality odds, I mostly bet on Draw no bet, over 1.5 and BTTS
I always aim for 500 to 10k and 80% of the time I win
Can u help
Simon can u please help me out with your tips
@@Motivation3290 place wins on matches ur 100% sure the team will win, teams like Man City, I give a win, teams like Arsenal, Liverpool, I give Draw no bet, teams like Man Utd, I give over 1.5, some matches I give both teams to score, I usually rank up 20 odds from sure wins, draw no bet, player shot attempts and both teams to score and in some cases I handicap teams... and personally I avoid Home or away bets 👐🏾 I don’t always win, some days I win, some days I lose... some times I’ll lose for an entire week but make back the losses and profits wen I do win.... I win like 70% of the time thts jst my personal strategy... i focus on premier league, bundesliga, league 1, Netherlands and MLS
@@simonchainbers8943 can we please be friends I really need ur help please
That's gambling, not even value!
So time consuming, but it’s enjoyable I feel like I’m playing RuneScape,
Been staring screens and wracking my brain about juggling bonuses and turnover requirements for a few days and not sure if I’ve even broke even yet due to making dumb rookie errors 😅 gotta be 2-300 bets deep 🐎 see when they result how the spreadsheet looks 🤞
Don’t try to arb your bonus bets with a line on one side to improve the odds 😢
Why not arb bonus bets?
I love RuneScape. Love how you said that lol
How do I legitimately learn how to sports bet? What sites are legit to bet? How I learn about points and parlays and everything?
I beat the books 📚 EVERY DAY!!! Great video 100
Hi Alex---Very informative video!!!!!
Can you please make a video on all the steps you would take,
if you were just starting out as a beginner?
Specifically,
a plan to make $1,000 per month on average.
THANK YOU!!!!!
Yes good idea
Thank You!
i say using a objective you can afford to double a number of times no need to bet big on a pick start with 50 dollars if you lose bet 100 or a little more if using minus 110 you shd win 1 of 4 then start over why bet big on a game if you can win that way/its a slower process you can make several progressions at the same time
Man to this day i never forgot a major error made by my local bookmaker. It was a soccer match between Canada and Saint Vincent and the Grenadine. They REVERSED the O/U 2.5 goals odds by mistake... Yes that match was always gonna be a Canadian slaughter and -2.5 was standing at 1.15 or something like that and the +2.5 was standing at something like around 4.xx... This was 2008 and i still remember it to this day. I never saw this mistake ever again. Either someone was very tired that day or someone was about to quit their job. xD
lmao
Why are you helping us? What's the catch?
I guess he takes profit in the oddsjam subscriptions.
is it legal to use online sports books if I am living in Texas which doesnt have legalized gambling?
Awesome video. Thankyou. Not everyone is in the US. That said, how do you calculate the bet sizing manually. Bet sizing is critical to making this work.
If interested in a sharp sports bettors NFL picks reply to this message.
What site are you using where you can see all the different sportsbook odds for all the games/ player props?
I believe it's oddsjam
I made $11,500 in 7 months doing +ev 🔥 only 20-$50 units too. This stuff is legit
Did u got banned from bookers
@@duongqua6792 nope! Still going strong, worked my way up $150 units now. Personally you only need to worry about being banned if your arbitrage bet.
How do you figure? I’ve been doing it for a month now I made 3000 but my peak was two weeks ago at 5000. I’ve been restricted on 21 accounts already. Lol
@@Giffycuh tks for ur info. I live in Asian, can i using +EV
@@respectttt12345
What does the restricted amount mean you can bet now? The problem with you guys is you bet too much on individual accounts. Plus you Americans have no high street bookmakers like we do here in the UK. You can make a living from gambling for years without being detected over here if you are smart..
Man, this is still science to me, but I really wanna keep learning… 😟😕
If interested in a sharp sports bettors NFL picks reply to this message.
I started a $100 to $1000 challenge over Christmas, it only took 8 bets. I actually got 19 bets in a row before it failed ha! Nice $100 to $1800 you should give it a try!
what's the best app which shows odds comparison on all books?
sports betting companies will ban you for doing arbitrage betting and also, if you start winning quite a bit they will limit your bet amount to make sure you never win a lot from them.
Whats the name of that app where you see all those books?
What app are good for Arizona?
Bro said “1% a day is 365% ROI in a year” 😂😂 go grab a calculator and learn about exponents. Done with this video at the 4:30 mark lmao
Did he say that literally?
When he said it I was like hmmmm....maths not mathing
If interested in a sharp sports bettors NFL picks reply to this message.
Can you make a video or repond please about how much of that comes out as taxes? Thak you for this vid its awesome. I am guessing you are itemizing and taking losses as deductions instead of standard deduction, but what is your total tax percentage including bracket+ self employment tax+ others? Also did you declare yourself as a professional?
thanks
With 10k$ bankroll, depinding on your skill you can bet around 200-500k$ / month with 1% profit
But...there are problems and most important is that you need new accounts fully verified
How 😮
@@user-md7os3jp2x You make volume with lots of bets, is basic math!
Beyond the Kelly Criterion, any advice on bet size : odds to ensure you're not eaten by variance?
Does the app that you use to keep track of your profit also keep track of your bets or do you use Oddsjam for that?
Do you use stake at all?? That’s the best place I like to keep my bets! What do you use mainly??!
Be careful guys, when he says risk free arbitrage betting, it not 100% risk free, and the risk arise when you already bet on something on the first book, and the second one doesn't want to take your bet, and this have happened to me before
It looks like the NBA is your main cash cow. I take it you recommend most bets be made in that league and not the NFL? I've won some in the NFL but I seem to be having a bit more luck with the NBA.
what is the site that allows you to see the prices for each different sportbook like you were doing?
ROI is a function of profit and the amount risked. Growing your account by 1% per day is not an ROI of 1%
this is not betting on the games itself just the vig thats left behind or difference in lines
How can you identify an edge though?? I know what an edge is, I just dont comprehend how it is possible to identify an edge with a bet
Stanford boy needs a lesson in compound returns.
Great video, but Im curious how you figure a 90% ROI at 13:30. This would mean the $900 profit is on a $1000 bankroll. If you have a $1000 bankroll, you’re likely not betting $1000 in volume per day.
Yes agreed - it should be on "wagered amount" per day not bankroll
@@alexmonahan100 So how much should your bankroll be if you’re wagering $1000 per day
@@juicedMMA In poker the rule is usually 25x the buy-in. Doesn't seem like that'd line up with the 3.2% advantage mentioned in this video
@@juicedMMAAt least $20,000...
Sports betting is 100% scalable, move to vegas, get friendly with 10-20 ladies of the night. Get them to run your bets thru casinos. Or get 5 girls always adding new girls and they can earn with their hussle and not their bodies.
If interested in a sharp sports bettors NFL picks reply to this message.
What’s the name of that website you’re using?
For the amount of time and bets placed, your return is not significant.
Local Hoosier (assuming based off of the T Shirt). Huge thanks for this video, im just starting out.
I love how much this is like trading option in the stock market oh no bueno I found a new hustle for the weekends hahah
Here is a tip … When Patrick Mahomes is a -3 underdog beat on the GOAT. Buffalo, Ravens and the 49er’s he was an underdog in every game ..
Good Vid Bro...Question for you though...What if you live in a state like Wisconsin? How is Underdog fantasy picks legal here but yet the same Draftkings prop bets not legal in WI? Any suggestions on where to take advantage of this system in WI?
That's what I'm saying all these guys have access to all the sports book, but me in New York barely have access to half of them.
What are the best sites for sports betting
4% roi of 206k you had a huge bankroll to work with
Thanks , everything cleared
Only way to be slots player full time, if youre streaming and do affiliate for the casino.
You lost me at the end with the positive EV and value bets. Regardless of the "edge", you still have to win the bet.
It was sounding very similar to arbitrage betting, but there is obviously risk involved because you're only taking one side.
Law of large numbers. EV literally stands for expected value. Over time if you have positive expected value you will win.
Same here...I was a little confused on that part. But I think the point was that if you spend time looking for some better value you will get more bang for your buck as opposed to just better ANY arbitrage bet...but I can be mistaken so don't qoute me 🤪
I Stand corrected..so I rewatched it and it's just finding value in better odds and taking money risks on ot which is more profitable but also risking loosing your money
Hi mate . So if I start with a 5k betting bank what could my balance be at the end of the month ?
Thanks
Depends on your plays
@@ilostmyiphone1128 so I my bets are £50 per play ?
One would need a fortune in multiple different accounts to make arbitrage betting worthwhile, at least for me. I get it, making $11 no matter what sounds nice, but not worth the moving of money and constant reloading onto sites that usually charge 3% fees to deposit money.
What app showed all the sports bets at once that you are using
Do you know now?
Question: how do you report these type of earnings to the irs
how do you have so many sportsbooks? doesn't pa only have like 14 legal books? my state only has 3 legal books
But hey where do I see the betting line discrepancies that you see here what platform is that?
How do you do it, if your gainning so much profit, to not get banned, I think if you make 5-10k they will ban you, so my questions if how did u make 200k withoit getting banned??
What if I live in a state where I cant use multiple sportsbooks...?
Looking now more at this all
I had a python script to scrape all the books from SA/England/Spain/France/USA/Australia, if you have a team of people around the world you can make a lot..
Hey i can help you with this are you intrested we collab
Can we see that script, im sure it can still work
So do you use offshore books because the American ones limited you?
I like this idea mayb I should switch to a bunch of single bets. But I see people winning on parlays. So mayb that’s the problem trying to get a 5-25 parlay to hit
video on guy winning 72 k minus txes i vegas 10 picks we had a guy hit 16 hockey first day for only 2 dollars 13k and others
I tried sports betting and trading. For trading I'm doing pretty damn good for a beginner. Sports betting? Terrible. I'm doing terrible at it.
Anyone who tells you a betting edge = ROI = Profit Margin
Stop listening to them. Variance exists.
If interested in a sharp sports bettors NFL picks reply to this message.
You can’t cash out the no sweat bets unless you win that no sweat bet. Not sure where you got the 18k just for signing up as a new member
If your making a 1% ROI a day, your making a lot more run 365% a year, it compounds many