[00:02] facing positive EV and Arbitrage bets and printing money off the bookmakers when I stumbled across an email from a tab that helped me discover a whole new betting strategy this is a simple risk-free strategy that can help you
[00:16] make thousands of dollars and doesn't require you to be fast and quickly find mispriced odds like Arbitrage betting not only that but you'll get access to many other perks like horse racing and sporting event tickets and even free
[00:30] hotel stays this is what is known as low hold betting the hold or Vig in sports betting refers to the percentage of money that sportsbooks keep for every dollar wages for example in this case for a bet on this soccer game the total
[00:44] implied probability or price is over a hundred percent which means the amount above 100 is a sportsbook's profit and hold otherwise known as Edge a low hold bet therefore means the odds for all sides of the BET are close to their Fair
[00:59] sides of the BET are close to their Fair odds resulting in a low Vig or profit for the sports book in these cases the hold is small generally less than one percent or sometimes even zero percent so that means if you bet on all outcomes
[01:12] you wouldn't lose any money but you wouldn't make any money either so you might be thinking well these bets are still zero or negative EV so what's the point how this strategy makes money is not directly through the bets you place
[01:26] but rather through the turnover benefits that you get from sportsbooks the easiest example is the one thousand dollar deposit bonus offer from DraftKings however they aren't going to give you one thousand dollars right away
[01:38] just like that that's too easy instead their terms and conditions state bonus according to the following playthrough requirement for every twenty five dollars played on DraftKings and DFS Sportsbook Casino the user will receive
[01:53] a dollar in bonus funds released into their player account eg a five thousand through through a cumulative total of twenty five thousand dollars in Daily fantasy contests Sports books at minus 300 odds or longer so in this case we
[02:08] can place a lot of low hold bets to increase our turnover or play through with minimal losses and therefore get access to the bonus money that DraftKings is offering to find these low-hold beds you can either find them
[02:20] manually which shouldn't be too hard on the popular sporting games such as the UEFA Champions League World Cup or NBA or you can use a sports betting odds comparison site such as today's sponsor oddsjam oddsjam scans the odds across
[02:35] all the different sports books and finds the Best low-hold Bets under the certain filters that you've set so you don't have to find these manually in this filtering for the sports book we want which is DraftKings the point spread
[02:49] between the New York Knicks and LA Lakers the Lakers winning by six or more points or the Knicks not losing by six or more points are the only options possible there is no possibility of the score line being a difference of exactly
[03:02] score line being a difference of exactly 5.5 so therefore every outcome is covered this is a zero percent low hold bet using our specified bookmaker DraftKings which is where we need to turn over money without actually making
[03:14] a loss if we win our DraftKings we'll lose on the other bet that we hedge with and if we lose on DraftKings then we'd win the amount we lost on the other sports book we used to hedge with so either way we don't make or lose any
[03:26] money but we've turned over money on DraftKings odds Jam has a neat calculator where you can enter in how much you want to stake on one side of the low hold bet and it automatically helps you calculate how much you should
[03:38] stake on the other sports book and how much profit or loss you will be guaranteed to make in this case if we bet 200 on the DraftKings side and hedge 290 on the other side with another book like bet MGM we wouldn't lose any money
[03:53] no matter what happens but we have now turned over 200 on DraftKings and we are a step closer to unlocking that one thousand dollar bonus oddsjam has the latest odds data of many bookmakers across the United States Canada Europe
[04:08] and Australia and as an added bonus you can get 25 off your first month's subscription by one using the link down below and two entering the code chain 25 below and two entering the code chain 25 to get 25 off your first month now once
[04:22] you've turned over the required 25k which you don't have to do all at once to get the maximum one thousand dollars of bonus money you can convert it in what I showed up here in this video to convert it risk-free into 700 of cash
[04:36] you can withdraw furthermore this deposit bonus isn't the only free money you can make certain sportsbooks have VIP programs that you get to become a part of once you've placed a certain volume of bets generally between fifty
[04:49] is when they'll let you in by using a low hold betting strategy you can potentially get invited into these VIP programs by just losing a small fraction of a percent of your turnover or even nothing at all and then you get access
[05:04] to all the benefits this includes things like 25 profit boosts more free bets or lost back offers and all of these can become massive Arbitrage opportunities that make you a lot of money if you end up hedging the other side and removing
[05:19] your risk there are also perks like free tickets or hotel stays such as on win bets VIP program or the free tickets to the racetrack that I got from Tao by being a diamond member additionally this low hold strategy can also indirectly
[05:34] make you thousands of dollars that you otherwise couldn't have been able to as it prolongs the longevity of your account before It ultimately gets restricted from promotions and then banned entirely giving you more time to
[05:47] make money through Arbitrage and positive EV betting this is because low hold bets are not positive EV they are either zero or negative EV meaning you won't profit from these bets in the long term directly and the bookmakers or
[06:01] Sports books also know this this means when the sports books Traders are whether they should slap on any restrictions the low hold bets that they look more like an unprofitable recreational punter and therefore they
[06:16] will act as a form of camouflage to protect your account and prolong the inevitable ban that you'll get on your account that's the reason sometimes these low hold bets are also known as mug bets as they're designed to make you
[06:30] look stupid and hopefully The Bookies or Sports books will allow you to bear with them a bit longer so that's a quick run through of low hold betting and how it can indirectly make you so much money from Sports books if you enjoyed this
[06:42] video then make sure to give it a big like down below and subscribe to this channel to not miss out on my future sports betting videos that I have lined up as always take care and I'll see you guys in the next video