What is Hedging in Sports Betting? | Sports Betting Education

https://oddsjam.com/subscribe: 7 day trial of sharp, profitable betting tools. The OddsJam co-founder graduated from Stanford in Math & Computer Science and has the goal of helping all sports bettors become more profitable.

In this sports betting tutorial for beginners, Boyd explains what arbitrage betting is and how profitable it can be using OddsJam as a betting tool.

First, Boyd explains that "arbitrage" in betting is when a person can bet on the same event, at two different sportsbooks and profit. Arbitrage betting is profitable because the lines/odds are polarized. When an outcome has to happen due to the line, say over/under 43.5 yards receiving, there has to be a final outcome that can't “push”, which is a bet for which there's no winner or loser.

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In addition, the odds at one sportsbook are priced so far apart that it creates a percentage of value for the bettor. Boyd showed an example of a bet at one sports book that had odds of -111 and the exact same bet for +135. If the sports bettor places the proper amount of money shown by the OddsJam arbitrage calculator, profits will happen every time. The outcome will always produce a small profit if the odds and amount staked provide the opportunity.

Arbitrage betting needs to be done quickly as Boyd explained that the betting markets can change at any time. Boyd gave another tip of having both of the targeted sportsbooks open and ready to confirm pricing so that the bettor does not get stuck with only one side of the targeted wager.

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Boyd also suggested using round numbers and not the exact "to the penny" amounts that the calculator provides in order to detract from sportsbooks' dislike for arbitrage bettors.

Finally, Boyd offers a free trial to new OddsJam users so they can learn more about being profitable using arbitrage betting. OddsJam offers the profitable game information and the betting calculators to help sports bettors profit.

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