How do Sportsbooks Make Odds?
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@OddsJam 2 жыл бұрын
Visit the OddsJam Positive EV page to find mathematically profitable bets: oddsjam.com/betting-tools/positive-ev
@urbsrocher 2 жыл бұрын
Great video...it gets me thinking, is it possible to look at historical odds and identify scenarios where the books tend to tweak the odds to sacrifice accuracy for balance? For instance, popular teams getting -6 instead of -4 or something like that. Feels like there'd be a profitable strategy there.
@OddsJam 2 жыл бұрын
Thanks For The Comment! If you have any questions or want to take advantage of all of the sign-up bonuses, I posted them below for ya! Also, you can schedule an appointment at any time with us below! Links For Sign-Up Bonuses: BetRivers- bit.ly/3wotuy1 Caesars- bit.ly/37XCfps PointsBet- bit.ly/3FYYZBR WynnBet- bit.ly/3FTyRs2 Unibet- bit.ly/37ZZ1gs Sports Illustrated- bit.ly/3wzRcpV Tripco- bit.ly/39sxGUq FanDuel- bit.ly/3wwvFyw BetMGM- bit.ly/39xFC6H BetFred- bit.ly/39vuU0u Maxim Bet-bit.ly/3sK5nYu DraftKings- bit.ly/3Npcgq3 DRF- bit.ly/3NoSaMj Schedule Below: calendly.com/oddsjam-mike/20min
@erichansard3232 2 жыл бұрын
Yes, they want 50% of the money on both sides of spreads (-110) that are considered 50% probabilities. However that is not the case on money lines. The sportsbooks goal on the money line is to approximately get the proportion of the given odds. For example at -300 (75%) they want to receive approximately 75% of all the money risked on the favorite. This is how they attempt to balance and make the vig with no risk to them. But yes for example’s sake, it’s 50-50 on spreads and that % continues to go higher as the money line price increases.
@OddsJam 2 жыл бұрын
yes, good point on moneylines. they want the payout to be equal there
@kardeemhines7385 5 ай бұрын
Makes sense appreciate the info!
@patricklewis7808 6 ай бұрын
Great info 💯💪🏾
@noneofyrfckinbiz 2 жыл бұрын
Matt I know you like preaction. Do you take live wagers and hows your approach?
@OddsJam 2 жыл бұрын
very rarely, but when I do i just check the live positive EV page when a game is at the end of a quarter and half
@shvga1987 2 жыл бұрын
I like Matt he is a Sixers fan
@OddsJam 2 жыл бұрын
To my detriment, but thank you!
@datguyjoel 2 жыл бұрын
Great video!
@OddsJam 2 жыл бұрын
Thank you!
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