The Optimal Guide to Profitable Sports Betting

In Part 1 we introduce the concept of Expected Value (EV) and how understanding the concept is essential for making profitable betting decisions.

In Part 2 we explore how bookmakers set their odds, and learn the differences between retail and market-making sportsbooks.

In Part 3 we demonstrate how to convert betting odds into implied probabilities and walk through specific examples to illustrate changes in odds and implied probabilities.

In Part 4 we examine market liquidity and major betting markets, detailing their definitions and providing examples of each.

In Part 5 we explain vigorish (vig) or juice and its impact on betting odds and profitability.

In Part 6 we combine the insights from the Parts 1-5 to outline an Expected Value betting strategy using Optimal.

In Part 7 we dive into the practical applications of the EV betting concepts and strategies discussed in previous parts, using Optimal+.

In Part 8 we discuss crucial aspects of managing your betting funds, determining optimal bet sizes, and understanding psychological factors that influence betting decisions.

In Part 9 we explored the concept of variance and how it impacts sports betting results over different volumes of betting activity.

Part 10 is dedicated to crafting a long-term profitable betting strategy, emphasizing the critical roles of discipline, continual learning, and adaptation.