What is Positive EV Sports Betting | A Data Analyst Explains Making Money | Sports Betting 101

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In this video, Matt gives a deep dive on Positive Expected Value in Sports Betting, and why it is so Valuable to make money betting on sports. Matt is a sports bettor who is located in Virginia, and he has made almost 10,000 betting on sports using OddsJam, and specifically his sports betting strategy entails betting Positive EV using OddsJam.

In order to make a profit while betting on sports, it is imperative to only bet on sports bets that have Positive Expected Value associated with them. That is how you can be profitable, by stacking Positive EV bets. If you do this, you will see your profits rise.

Matt details what exactly Expected Value is, and what makes a sports wager have Positive Expected Value. Essentially expected value is a probability gap between a sports bettors expectations on an outcome of an event, vs a sportsbooks expectations of the outcome of the same event. There is a percentage associated with this probability gap, and the wider the better.

OddsJam prices odds at the sharpest lines in the world, so that is how the sports bettors expecations are calculated- using the OddsJam Perfect Line. The perfect line is from the sharpest sportsbook in the world, and is used to identify situations where you can find sports bets to place with Positive Expected Value associated with them.

In order to be a profitable sports bettor, you need to be signed up with OddsJam to bet Positive EV. Sign up for a free trial at the link below!

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