How Can You Become a Millionaire With Sports Betting?
So, sports betting is starting to take over, huh. This has a ton of people starting to dream big and wondering just how much money they can make with sports betting. As of right now, there are 19 states that have legalized mobile sports betting. There are also big states such as Maryland and Ohio that are projected to have mobile sports betting legal by the end of 2022.
Also, along with more and more states legalizing sports betting mobily, we are also seeing more sportsbooks gain legality as well. These sportsbooks, such as FanDuel and DraftKings, are essentially creating an arms race trying to take advantage of this growing hobby.
So, with all these sportsbooks opening up along with the additional states legalizing mobile sports betting, it is imperative to start using profitable sports betting strategies. The most profitable one, of course, is called Positive EV betting. Using Positive EV betting is how you can make millions of dollars betting on sports. The easiest way to accomplish this is using the best sports betting software on the market, which is OddsJam.
This system can generate a 5% return on investment on a consistent basis. I understand that 5% ROI might not sound like a lot at first, but to put it in perspective. If a sports bettor invests $5000 a day on sports betting, that will equate to over $90K in profit in a year! Do that over time, and you can become a millionaire.
OddsJam is great because it has odds from over 40 sportsbooks, including all of the NFL Betting lines for all 18 weeks of the NFL season.
Positive Expected Value Betting
For those of you who are beginner sports bettors, OddsJam has a great place for you to start your sports betting journey. OddsJam offers a betting education blog that has a bunch of articles dedicated to explaining beginner sports betting concepts. It is important to understand the basics, and then you can move on to the more advanced concepts. Either way, the betting education blog is a great place to start.
Of course, articles are just the beginning in terms of what OddsJam can offer. There are a bunch of other tools, including what I was referencing earlier, Positive EV betting.
There is an article in the betting education blog that details Positive EV betting and why it is so profitable. The way Positive EV betting works is you place bets that are mathematically profitable and have an edge of the sportsbook that you are placing the bet on. These bets have a legitimate profit margin that you can calculate, and the math behind goes like this: you place bets that have a more favorable chance of occurring than the suggested odds of what you place the bet at.
The OddsJam Positive EV page pulls odds from the sharpest sportsbook in the world in terms of how they price odds, and then provides situations where you can place a bet on another sportsbook that has better or more favorable odds.
As mentioned previously, this EV page provides bets that have a positive mathematical profit margin, and this page will actually provide the profit margin of each bet. The larger the gap between the OddsJam odds and the odds of the bet at the other sportsbooks, the greater the mathematical profit margin.
