Betting on college football is one of the more entertaining and available sports due to its sheer volume. Once college football season rolls around, there are countless games spanning across the entire week that are available to bet. Every sharp bettor has one goal in mind – find bets with the most value and place bets that will sustain profit over time, and scan the
NCAAF odds. Easier said than done, of course, but one tool that has been proven to provide profit over time is Oddsjam. Using various tools such as Positive EV, Arbitrage, Low Hold, OddsJam users have enjoyed plenty of profit throughout their betting journeys. Let’s take a look at the various ways Oddsjam can help you bet smarter and sharper this upcoming season. One of the most popular tools on OddsJam is the Arbitrage betting tool. This tool is great for first time bettors, as it contains virtually no risk for you when placing bets. it will help you understand line movement and get accustomed to the common lingo used in sports betting. Arbitrage (or Arbing) is also great for experienced bettors who want to increase their bankroll relatively quickly with no risk. Arbitrage betting requires you to have multiple sportsbooks, and be comparing lines between these sportsbooks to see if an opportunity will arise to allow you to arbitrage. You place bets on both outcomes of the game; Team A to win on Sportsbook 1, and Team B to win on Sportsbook 2. No matter the outcome of the game, you will make a profit.
Arbitrage Betting
We can use an example of the University of Georgia at Alabama. The arbitrage tool will scan the game lines across all applicable books (state regulations apply). Let’s say that Fanduel has the over at 54.5 points for -105 odds. DraftKings, however, has the under of 54.5 at +140 odds. Scanning multiple books across multiple plays to find arb opportunities is an extremely tedious and time-consuming process, which is why Oddsjam is great in order to lock in these high-value plays immediately. Using the example above, you can place roughly $110 bet on Fanduel’s over, and roughly $90 bet on DraftKing’s under. By doing this, you are betting the only two outcomes of the game from a point total perspective, and one of these two bets will win. With a total bet of roughly $200, you will guarantee yourself roughly $15 dollars of profit, regardless of result. Total stake of $200, total payout regardless of outcome of $215, giving yourself $15 in profit with zero risk whatsoever. Think of it as a ‘loan’ to the sportsbooks, that you receive back with interest at the conclusion of the game. Oddsjam will provide you the plays and the percentage rate of return on your ‘loan’ to the sportsbooks.
Benefits of Oddsjam:
Oddsjam also offers a middle tool, which will allow you to possibly win both bets using the same logic as arb betting. Fanduel still prices o54.5 at -105 odds. Fanduel has an alternate line of u56.5 at +130 odds. Placing roughly $108 on o54.5 and $92 on u56.5, you are guaranteeing yourself $11 in profit with no risk. The difference here is if the game were to end at 55 or 56 total points, you would win both bets, and your profit would be roughly $220. Think of this situation as you are risking $4 from the guaranteed profit for the full arb to win $220. Using OddsJam, these types of plays again are available with the click of a button and quick fingers to lock in before game lines change. Another popular tool on OddsJam is the positive EV calculator. You should be looking for EV bets as much as possible. With the way that sportsbooks assign their lines, if you bet the favorite every time, you will most likely end up losing money in the long run. Assigning EV to each of your bets will help you realize where there is value and where you can make a profit in the long run. The objective of each bettor should be to profit in the long run, so you should take advantage of every opportunity to pull as much value in your bets as possible. The OddsJam expected value calculator (EV calculator) determines your profit margin over the sportsbook for a given wager. The expected value calculator requires three inputs: your stake, the odds of your wager, and the implied win percentage of your bet.
expected value calculator:
We’ll go through our example with the expected value calculator. Let’s say you bet $100 on the University of Georgia +110 moneyline odds on Fanduel sportsbook. The sharpest sportsbook in the world has Bulldogs -105 moneyline odds and their opponent moneyline -105 odds as well. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. The expected value of a $100 bet on Georgia +110 is equal to $5. You should use the expected value calculator to ensure you are only placing bets where you have positive expected value. For example, imagine you’re flipping a coin with a friend; that coin is 50/50 to land on heads or tails. At +100 odds, the expected value of a $100 coin flip is equal to $0. Why flip the coin? However, if you are getting +110 odds, then the EV of a $100 coin flip is equal to $5. You should flip that coin as much as you can!
Conclusion:
Using these tools provided by Oddsjam is a great way to find a ton of value in the upcoming NCAA
Football season. There will be plenty of plays on the tool, your job will be simply to use the tool in order to take the plays that you want, and to increase your bankroll.