Sports betting, a popular form of gambling across the globe, is a thrilling activity that combines the excitement of sports with the unpredictability of chance. It involves placing a wager on the outcome of a sports event. From football and basketball to soccer and boxing, sports betting encompasses a wide range of sports, offering numerous opportunities for both novice and experienced bettors.
Our goal is to help you turn that unpredictability of chance to your favor. The goal is provide a pathway for you, the bettor, to beat the sportsbooks at their own game by swinging the odds to your side. This guide will cover all of the steps that one needs to be successful in this endeavor. And, of course, we will provide details on how GamedayMath can help you accomplish these goals.
We've broken this lesson plan down into twelve parts and will be releasing different sections of this at different times. Some parts of our GamedayMath site are still in development which is why this is a work-in-progress. By following these twelve steps (from beginner to advanced), you will be on your way to being a profitable long-term bettor.
1. Setting an Initial Bankroll: Here we cover the basics on how to set up and manage a sports betting bankroll.
2. Intro to Betting and Bankroll Management: Getting one's feet wet in the betting world. Betting types, terminology, etc.
3. Finding Value in Standard Bets: Using BetScore as a simple one variable tool to pinpoint potentially good bets. Also, an intro to the Odds Dashboard to profitable money line, spread, and over/under bets.
4. Finding EV in Parlays: Yes, parlays can be profitable too.
5. How to Analyze Your Betting Results: Diving into the world of closing line value (CLV). Become an expert in how to analyze and track your bets.
6. How to Avoid Getting Limited By the Sportsbooks: Helping you hide your ability as a sharp bettor.
7. How to Avoid Betting Pitfalls: Every bettor hits a rough patch ever so often. We discuss how to handle a losing streak and how to avoid other pitfalls that can beset a sports bettor.
8. Calculating Value in Bets: Understanding the math that goes into deriving value in a bet. A little bit more information on GamedayMath's metrics.
9. Find Value in Futures Bets (coming soon): Playing the long game? We break down how one can find value in long-term bets.
10. Finding Value in Player Props (coming soon): With it's popularity taking off, we show how to find profits betting on different player metrics
11. How to Be a Market Maker (coming soon): Not for the faint of heart...we analyze what it takes to be a market-making bettor (bottom-up approach)
12. Hunting for EV in Bonuses (coming soon): All the biggest sportsbooks offer boosts or bonuses. This explains how you will profit from them.