Strategies for Winning in Sports Betting

• Introduction:

  • Sports betting can be likened to a video game; understanding the right strategies can lead to leveling up and earning significant profits.
  • Many beginners approach sports betting incorrectly, leading to low account balances.
  • There's a profitable strategy many beginners are unaware of, which can significantly grow a bankroll.

• Common Misunderstandings in Sports Betting:

  • Beginners often know only two types of wagers:
    • Parlay: Popular but risky, as it requires all picks to win.
    • Straight Wager: Considered boring, with low payout.
  • Round Robin Betting: An often neglected strategy that is highly profitable.

• Understanding Round Robin Betting:

  • Composed of a series of small parlays, e.g., 3x2 set up:
    • Involves three picks, resulting in three two-leg parlays.
  • Advantages:
    • Higher chance of winning compared to a traditional parlay.
    • Allows for profit even if not all picks win.

• Implementing Round Robin Bets:

  • Example: Using FanDuel to place round robin bets.
    • Picks like Red Sox, Mets, Cardinals can be placed in 3x2 parlays.
    • If two out of three picks win, profit is made, offering insurance against one loss.
  • Important to manage wager sizes appropriately:
    • For a $15 total wager, enter $5 as the wager size (3 parlays x $5 = $15 total).

• Strategic Examples in NFL Betting:

  • Using round robins with underdog bets (e.g., Ravens, Packers, Titans, Steelers).
  • Expanded options with additional picks.
    • Example: With four picks, there are options for 6 two-leg or 4 three-leg parlays.

• Maximizing Bets with More Picks:

  • Adding more picks increases options, e.g., with six picks:
    • 10 two-leg, 10 three-leg, or 5 four-leg parlays.
  • Flexibility in wager size to match total desired bet.

• Round Robin vs. Traditional Parlays:

  • While traditional parlays offer higher payouts, round robins provide a higher probability of profiting.
  • Example: Hitting 8 out of 10 picks results in a payout with round robin, unlike a complete parlay.

• Personal Strategy Insights:

  • Presenter prefers 3x2 round robins but occasionally uses 6 two-leg parlays.
  • Emphasizes consistent profitability with round robin strategy.

• Leveraging Tools for Better Bets:

  • Using OD Jam’s positive expected value tool to identify bets with market edge.
  • Example: Justin Steel over 5.5 strikeouts at best market price.
  • Encourages using sharp plays for round robin slips.

• Conclusion:

  • Beginning bettors should experiment with round robin betting.
  • Look for plays with an edge to increase profitability.
  • Utilize tools and platforms like OD Jam for better insights and strategy implementation.