When is the Best Time to Place a Bet | 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 Boyd covers the best time to make sports bets. Boyd talks about defining what is "early" and what is "late" when placing sports bets. The various sports like NBA, NFL, MLB, NHL, PGA, and more all clearly have different schedules and frequency so each sport can be looked at individually on how you enter a bet and its best timing.
OddsJam is a betting tool that helps sports bettors identify market value in price of odds on all sports at essentially all sportsbooks. OddsJam helps bettors learn what the odds are when they are released, and what the current odds are as they change up until the start of the event.

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Boyd discusses the positives and negatives of betting early where there may be a lot of time that passes prior to the start of a game. The correct wager when made early will have the most value, but is at risk to potentially change prior to the start. Boyd suggests that using OddsJam's "Bet Tracker" that when a bet that has been made early hits a threshold of not being favorable to the bettor, that they can hedge out of that bet to offset what they feel may be a potential loss. This can protect from larger losses much like a stop loss maneuver in trading options or stocks is done if the "wager" or investment doesn't develop like planned.

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Boyd explains that betting "late" which would be just prior to the event starting has an advantage of having the most information, yet more than likely the least value in major market events. The disadvantage of betting late would be the lack of options to potentially cut off a loss, and making that loss more detrimental.

Boyd promotes that strategy of planning and encouraging sports bettors to know when the lines come out for each sport, and not being influenced by media and others that don't really affect the true outcome of an event. Boyd encourages sports bettors to understand also what is causing a line to move, and knowing how to respond when injuries or other unforeseen things happen that actually can affect an outcome.

Finally, Boyd offers all new sports bettors that want to try OddsJam and all of its betting tools a free 7 day trial to get started making mathematical money!

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