How to Analyze your Bets | Sports Betting 101

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In this video, we explain how to analyze your previous sports bets and determine if you are a profitable bettor. This is important sports betting advice for new gamblers. You won't win every time, and some lines will move against you.

The key to becoming a profitable bettor is generating positive closing line value (CLV). Some lines may move in your favor; others may move against you. As an example, we wagered on the Arizona Cardinals earlier this week at -205 odds, as this was a positive expected value bet at the time of the wager. Kyler Murray could get injured, and this bet could become terrible (negative EV). However, that's random. You cannot pass up great lines in sports betting, as fantastic odds won't last forever.

We look at another an example for a game over a week away. In Everton vs West Ham United, Pinnacle is only giving you +205 odds on over 3.5 total goals. On Twinspires sportsbook, you can get +240. You shouldn't shy away from placing this bet because there is over a week until the game starts.

The OddsJam Bet Tracker is 100% free and automatically tracks your bets with the zero vig line from Pinnacle, the sharpest sportsbook in the world. This makes it easy for you to ensure that you are generating positive closing line value on the majority of your bets.

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