{"id":264720,"date":"2023-03-16T13:03:39","date_gmt":"2023-03-16T20:03:39","guid":{"rendered":"https:\/\/bilcomprd.wpengine.com\/?p=264720"},"modified":"2023-03-17T08:06:52","modified_gmt":"2023-03-17T15:06:52","slug":"profitable-sports-betting-how-ev-betting-works","status":"publish","type":"post","link":"https:\/\/ballislife.com\/profitable-sports-betting-how-ev-betting-works\/","title":{"rendered":"Profitable Sports Betting: How +EV Betting Works"},"content":{"rendered":"

The basics of +EV betting explained for beginners<\/strong><\/h3>\n

\"\"
\nSports betting is becoming more and more popular in the US. It seems like every time you turn on a game or watch a YouTube highlight, you are getting bombarded with ads from any number of sportsbooks. Despite what people may think, it is possible to beat the house mathematically at their own game. <\/strong><\/p>\n

Many people are turning sports betting from a hobby to a legit side-income and even
\ntheir career, consistently making multiple thousands of dollars per month<\/strong>. What people
\ndon't realize is that sports betting is similar to the stock market, and nobody says it\u2019s impossible
\nto win long term in the stock market! Let\u2019s take a look at how we can use the market to make a profit in sports betting.<\/p>\n

What is +EV Betting?<\/strong><\/p>\n

You may have seen the term \u201c+EV\u201d thrown around if you have spent any time looking up
\nhow to bet on sports, and it is the most important phrase that you can learn. So, what does it mean? The EV<\/strong> in +EV stands for expected value, or how much money you can expect to make by placing the bet.<\/p>\n

Every single point spread and moneyline you see is basically just a price of how likely the bet is to win. A +100 moneyline means if you bet $100, you get $200 back if you win. This bet is 50\/50 odds, while a +150 moneyline is 40\/60, but you will get more money if you win, $250.<\/p>\n

\"\"<\/p>\n

A +EV bet gives you better odds than they should be, or, increases the expected<\/strong> amount of value<\/strong> a bet has. Let\u2019s look at it this way: if the stock price of Nike is $100 per share, but somebody says, \u201cI\u2019ll give it to you for $75,\u201d you would accept that offer, right? Sure, there is a chance that the stock price will go below $75, but there is a better chance of making money at this price than buying the stock for $100.<\/p>\n

How to Start +EV Betting<\/strong><\/p>\n

With tons of sportsbooks popping up in every state, it is easier than ever to find +EV bets. It\u2019s like going on Amazon and looking up a product, then getting a long list to choose from so you know you are getting the best price. The Pistons moneyline might be listed at +130 on DraftKings<\/a>, but +170 on FanDuel<\/a>. When this
\nis the case you can bet the Pistons on FanDuel and increase the amount of expected money you will make simply by shopping around for the best price<\/strong>.<\/p>\n

\"\"Getting a 100% profit boost is the same thing as getting a buy one get one free at your favorite store. Its a no-brainer!<\/em><\/p>\n

I gotta say, +EV betting does take a lot of math! The best way to start out<\/strong> is to follow a free picks service like PromoGuy<\/a>. They will alert you when sportsbooks run profitable promos and odds boosts in order to compete for you, the beloved customer, just like a business would put an item on sale to bring you into the store.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

+EV Profitable Sports Betting<\/p>\n","protected":false},"author":88,"featured_media":264728,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1444,5,6886,3,31493],"tags":[46228,10282,46227,46218,60,539,46229,46217],"featured":[],"class_list":["post-264720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-blogs","category-college","category-exclusive-videos","category-nba","category-overseas","tag-ev-betting-2","tag-draft-kings","tag-ev-betting","tag-gambling","tag-nba-2","tag-ncaa","tag-profitable-sports-betting","tag-sports-betting"],"acf":[],"yoast_head":"\nProfitable Sports Betting: How +EV Betting Works - Ballislife.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ballislife.com\/profitable-sports-betting-how-ev-betting-works\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Profitable Sports Betting: How +EV Betting Works - 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