Sharp Value Bets
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Sharp Value Bets is partnered with oddsjam.com to provide simple and mathematically probable betting strategies that will increase the likelihood that sports bettors will be profitable.
Positive Expected Value
In sports betting the term "vig" or "juice" is used to describe the amount that sportsbooks charge for taking a bet. In short, sportsbooks will tilt the odds in their favor. This is how they remain profitable in the long run!
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Oddsjams positive expected value tracker calculates the "no vig odds." The no vig odds represent a fair bet, a bet that would be considered fair for the bettor in a world where sportsbooks were not trying to be profitable.
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Although rare, Oddsjams not only finds sports bets that are even with the no vig odds, but bets that are actually BETTER odds than the no vig odds. These bets possess positive expected value.
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Due to the law of large numbers, it is mathematically probable that bettors using a positive expected value strategy will be profittable in the long run.
Arbitrage
An arbitrage bet almost seems too good to be true. Although many will roll their eyes when they hear "free guaranteed profit" in this case it is valid. Arbitrage betting ensures guaranteed profit by placing 2 bets on both sides of an outcome, but on 2 different sportsbook with varying odds.
If you bet $100 on the over 33.5 points on BetMGM at -250 odds you will get payout of $140.
On the other side, if you bet $36.84 on DraftKings at +280 on the under 33.5 points you would also get a payout of $140.
Using this example, you would risk $136.84 between both bets, and you would have a guaranteed payout of $140, with a profit of 2.26%, or $3.16.
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Similar to positive expected value, arbitrage betting is few and far between but multiple opportunities will exist on a daily basis! Oddsjams arbitrage tracker will do the hard part of finding the bets, you just need to place them.
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The arbitrage tracker is included with your subscription to Oddsjams positive expected value unlimited.
Detailed Data Analysis via Dashboard
Included with your subscription to Oddsjams unlimited positve EV tool (which includes the arbitrage tracker) is a collection of your betting data through the bet tracker dashboard that will further assist sports bettors with profitability.
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The dashboard will provide dozens of detailed metrics about your betting history. From total profit, profit by sport, profit by market, closing line value, etc...
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Oddsjam makes it simple for you to analyze metrics so you can have more than just a "hunch" of what works and what doesn't work. The dashboard will provide very detailed analytics that allow even the sharpest of bettors to become more precise.
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The most successful sharks in history aren't profitable by a getting lucky or betting on their favorite team. They use a successful system based on mathematics and backed up by precise data. This is why the positive EV tool/arbitrage tracker in combination with the data presented in the Oddsjam dashbord will ultimately give you the best chance of becoming a profitable sports bettor!
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