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The Optimal Guide to Profitable Sports Betting
Must-read, 10-part series for creating long-term profitability in sports betting.
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Part 1
Understanding the Basics and the Concept of Expected Value
In Part 1 we introduce the concept of Expected Value (EV) and how understanding the concept is essential for making profitable betting decisions.
Part 2
Demystifying How Sportsbooks Set Odds
In Part 2 we explore how bookmakers set their odds, and learn the differences between retail and market-making sportsbooks.
Part 3
Understanding Odds and Implied Probability
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.
Part 4
Major Betting Markets Explained
In Part 4 we examine market liquidity and major betting markets, detailing their definitions and providing examples of each.
Part 5
Understanding Vigorish and Its Impact
In Part 5 we explain vigorish (vig) or juice and its impact on betting odds and profitability.
Part 6
Introduction to EV Betting Strategy
In Part 6 we combine the insights from the Parts 1-5 to outline an Expected Value betting strategy using Optimal.
Part 7
Betting Your Edge: Optimal+ EV Strategy in Action
In Part 7 we dive into the practical applications of the EV betting concepts and strategies discussed in previous parts, using Optimal+.
Part 8
Bankroll Management, Bet Sizing, and Betting Psychology
In Part 8 we discuss crucial aspects of managing your betting funds, determining optimal bet sizes, and understanding psychological factors that influence betting decisions.
Part 9
How Variance Affects Sports Betting Results, and Why Bet Volume Matters
In Part 9 we explored the concept of variance and how it impacts sports betting results over different volumes of betting activity.
Part 10
Building a Long-Term Profitable Betting Strategy
Part 10 is dedicated to crafting a long-term profitable betting strategy, emphasizing the critical roles of discipline, continual learning, and adaptation.