[00:01] today I'll go over roughly how I made about 1.4k each week during uni and I'm not talking about those generic passive income ideas like writing an ebook and Publishing it to Amazon or things like Drop Shipping and investing in
[00:14] cryptocurrency or even stocks for example there's a lot of great videos on making another video in an already saturated Market unless I talk about something new and that's something new is how I actually made about 1.4k each
[00:27] week it varied week to week but roughly was 1 4k on average during my time at Uni and that was using something called Arbitrage betting or positive expected value betting and that was basically like for a year or so I did this and
[00:40] that was how I was able to sustain My Lifestyle I could afford to go out and eat with friends or just pay rent and buy things that I wanted to buy so to make my income I used a strategy known as Arbitrage betting and also a subset
[00:53] of that strategy known as positive EV betting and I have a lot of details on them out in the videos link over here now you might be thinking this Probably sounds too good to be true how can you make so much money just from betting on
[01:06] sports isn't sports betting going to lose you money that's why betting is taboo and yes there is going to be a bit of variance involved in your p&l you do it consistently and bet frequently all your profits should even
[01:20] out in the long run so this is my p&l broken down across the sports books and across each day and the total p&l and how much time I spent so you can see in my first week I made
[01:34] so you can see in my first week I made 944 second week 1070 next week I didn't make much 480 and most weeks was a bit over 1,000 lot more like this week there was one week where I actually lost a little bit
[01:47] of money 355 and there were lots of days where I lost money but generally it was very hard for me to lose money in a week and there was one week where I actually and there was one week where I actually made 2,900 in 1 day and 4,500 that that
[01:59] week and then there was a week where I lost 470 I lost 1,190 in a day that's like the extent of the variance that you can expect and this is the total so the can expect and this is the total so the average of that is
[02:12] 1,397 across all the weeks you can see the p&l chart is consistently going up so why is it that arbit Sports Bing and positive Eevee Sports Bing can actually be used to make a profit and is actually possible as you just saw in my
[02:26] p&l well the reason is because the sports betting Market is very fragmented sports books and every single one of those Sports books generally for the most part set their odds independently this means bookie a or sports book a
[02:40] might decide the fair odds for this team to win might be 1.5 and another sports book might think the odds are 1.6 for one team if they think they're not as strong as the other sports book and as you get more and more of these Sports
[02:53] books eventually there will be prices that are out of line and also this is because there's like tens of thousands of different lines and different odds at one time for example if I just go to one sports book like here this Market
[03:06] particular game that we're betting on and there's hundreds and hundreds of games and hundreds and hundreds of different sports and events happening so it's very likely that two or more of these different models across different
[03:19] sports books across different sporting events will become out of sync and the odds will drift away from what their Fair odd should be and because of that either choose to bet on that particular bet that where the odds are too high and
[03:33] buying something very very cheap essentially or you can choose to bet on that and also hedge on the other side so betting on both sides or betting on all football game like betting on one team to win the other team to win and also on
[03:48] the draw and that way you can basically guarantee yourself a profit no matter Arbitrage whereas if you only bet on the side where the odds are higher than they should be then that is called positive EV betting so how did I personally
[04:01] EV betting so how did I personally actually get doing an internship I learned Arbitrage sports betting from a friend before that be made from sports betting if I could figure out how to do it if I had a like
[04:18] push in the right direction and during that internship I met someone who taught me a lot of the basics of how it worked and then I really actually enjoyed the mathematical side and learning about prob ability and learning
[04:30] about odds and trying to model some of these events by creating EXO models for different betting strategies initially my time commitment was quite high like maybe in the first week or two I was spending about 10 to
[04:43] 15 hours or so mostly not making any profit and just actually modeling all the different strategies where I thought there were possible opportunities and this was mostly for promotional offers rather than pure Arbitrage and these
[04:55] were what I call synthetic Arbitrage opportunities and synthetic positive EV was modeling things out I didn't really make that much money maybe like a few hundred in the first couple weeks but after that my time commitment managed to
[05:07] get reduced as after i' learned everything then it becomes a lot easier to place the bets cuz all you're doing essentially is just bang bang pressing a as you know what you're doing and which ones you're supposed to be betting on so
[05:19] after like maybe the first month or so I could just spend about roughly 1 hour per day during the weekdays and maybe about 4 to 5 hours or so on the Saturday betting became a lot busy for example there was like lots of horse races on
[05:33] The Saturdays and also lots of different sporting games like the Premier League NRL AFL NFL all the different games that were being played they had a lot of opportunities on them on Saturday so for the week I'd roughly spend about 10
[05:45] hours or so or just under 10 hours maybe like 8 to 9 hours so what I did was I started off with promotional betting these were strategies that my mate actually taught me and also strategies that I expanded
[05:58] further on and developed myself and gradually optimized over a period of 2 to 3 years and this really allowed me to build my bank roll from just the $2,000 initially to well over $5,000 just from the initial promos that bookmakers offer
[06:12] you and I made a video here which is a quick tutorial of how an example of that if you want to know more details you can check out the full course where I break down everything into bots of 2hour classes and different practice questions
[06:26] and examples that show you how to do it and you can do the commercial betting as well and you can check it out on my bank roll say you have at least $5,000 to $10,000 then now you can actually do
[06:40] the pure AR and pure positive eveve opportunities so by doing the promotions first and then getting to the pure AR stage when you have about $5 to $10,000 is the natural process so my experience and how I managed to do it really
[06:53] available in Australia you might be watching this video from another country Sports books that I do but there's lots of sports books in your country for example I'm very familiar with the books in the US and in Europe as well but I'm
[07:07] books in your country there might be some different rules and regulations but welcome offers and there's always mispriced odds also I do want to just set some realistic expectations about positive EV
[07:21] guys are fully aware of the facts and millions and millions of dollars and it's super super great that's not what is that steep learning curve as I mentioned earlier you do need to know
[07:36] convert things like odds to probabilities using multiplication and division and have a strong understanding of all the mathematics I also want to be realistic about the amount of money you can make I did say you can make $1,000
[07:49] or $2,000 a week and does vary from week to week but I want to make sure you guys understand it's not something you can make hundreds thousands of dollars from or make millions and millions of dollars from um forever and forever and become a
[08:01] that if you're looking to get rich quick this is not the video for you and the main reason for that is because there's actually something known as betting limits it's not like you can bet $100,000 at one time and make a lot of
[08:14] books will cap how much you can bet with them or you could also be limited by how most of the times you can only get away with betting $100 or $50 on their bets you can get away with betting up to ,000 000 maximum generally so if you
[08:31] spend about 1 hour a day and make about $200 on average per day then that equates to around $73,000 per year which is kind of like a full-time income which is not too bad but realistically you're not going to be making too much more
[08:45] than that it all adds up really really fast maybe $6 from a single bet might not seem like a lot but you're doing so many of these bets a day it only takes you like 20 seconds to place these bets bang bang bang press some buttons and
[08:57] you've made $6 risk free and this all adds up so now that you have a rough idea of how it works let's go through an example using today's sponsor odds Jam which is an Arbitrage website for most people in the world
[09:10] they currently cover Australia Europe and the Americas and they're also expanding to other countries so you can check them out what they do is they get the odds for different sports books and find the Arbitrage opportunities using
[09:22] software so you don't need to look for it manually that's one of the Arbitrage betting methods that I recommend and let's take a look using their website so this is an example of an Arbitrage bet that I found on odds jam with Oklahoma
[09:35] State versus Oklahoma so there was an opportunity that was a 3.17% Arbitrage opportunity and I can work out using the odram tool by typing if I enter $150 on Oklahoma
[09:49] State minus 5.5 then it spits out how much I need to bet on Oklahoma plus 5.5 on points bet and it will tell me how much profit I make which is $25 so this is what I actually placed in the end I follow what the numbers that it
[10:04] end I follow what the numbers that it said to place at the odds which is 425 + said to place at the odds which is 425 + 425 or 5.25 in decimal odds and - 350 or 1.29 I bet 600 instead of 62.5 because I wanted to round it to
[10:20] avoid suspicion and make them think I was doing an Arbitrage but either way I basically guarantee that I will either make $21.48 in profit or for $37.50 in profit so either way I made at least $20 and this is just from two bets
[10:36] that I place and there's plenty of these opportunities that you can find on odds as you can just see on the Reddit how much can you make from arbing or Arbitrage betting some say 1K a week is very achievable other people have said
[10:50] they Place how many bets how much they've wag it and how much total profit about this all online and you can see what some people say about odds Jam as well so some things you do still have to be careful for even if you are using
[11:03] the mass works and how to use the website it is pretty straightforward do a lot of the mathematics for you which is really really nice so you don't you still need to have a basic understanding you also need to be aware
[11:16] that lines can move very very quickly what I mean by this is you need to know how to navigate the sports books quickly even if you see an Arbitrage bet on odds Jam by the time you go to the website and play around and find it at that
[11:29] you're not going to be able to bet on that hour charge opportunity anymore you need to be very very quick and bet on both of them at roughly the same time before there's that chance for those odds to change you should also learn
[11:41] for example only one side of the and the other side not letting you place the bet so you do need to be quick about placing them one right after the other to reduce that risk and also sometimes
[11:54] Sports looks might not let you withdraw especially the very very dodgy ones that recommend sticking to the main sports books in your country for example in Australia would be Sports bet tab points bet lad Brooks the ones that are common
[12:06] knowledge to everyone and the smaller bookies where you probably haven't heard of they might be a bit dodgy and ask for like your bank statements and stuff like withdrawing I'll generally stay away from those and eventually all these
[12:20] Sports books will ban you from betting eventually so there is a cap on how much should have made a decent amount of money and the last important point which is quite important is don't actually get addicted to this especially if you're on
[12:33] a bit of a losing streak don't throw all your mathematics and understanding out the window and bet blindly thinking you need to make that money back just leave it for a day and then come back using the same tried and trusted strategy
[12:45] making sure you understand all the mouse and apply that skill again and eventually or all even out in the long run ultimately this is just a side hustle make sure you understand that this is not going to make you rich in an
[12:57] but if you watched all this way and still haven't realized that I don't know video it's not going to make you a millionaire but it will make you some good side money and you can therefore be able to spend a little and enjoy a
[13:10] little bit more on things that you enjoy so if you learned something from this like down below and subscribe to this channel for other Arbitrage betting and and as always I'll see you guys in the next video