How to Make Big Profits on DraftKings Sportsbook

[00:03] on draftking sports book and I don't just say this to hear myself talk right the purpose of this video is I want to help you make money on DraftKings I don't say this to brag but you can see my profit and loss statement right here

[00:17] from DraftKings from the DraftKings Sportsbook app and one thing I want to make clear is this video is not not at all a get rich quick scheme right it's really it's not at all this requires hard work and time if you're lazy if you

[00:32] you should really switch to another video right now um like I've been scammed before when I graduated college I tried tons of different side hustles I actually just lost you know not just lost but pretty

[00:46] recently 120 000 you can see right here block five is a crypto company I put a hundred and twenty thousand dollars in the company went bankrupt and I still remember watching a YouTube video that was

[00:59] supposed to teach me about blockfi I got scammed into using it so that's not the going to be talking about a get rich quick scheme we're going to be talking about how hard work can make you money on draftking Sportsbook right so I

[01:13] remember like five years ago I just graduated college I was broke as can be living in Pennsylvania I saw an ad like this for draftking Sportsbook oh you get a three a thousand dollar deposit match if you sign up I signed up and I haven't

[01:28] looked back right now up over two hundred thousand dollars profit I love sports I love gambling this is something I love to do right so I put in a ton of college I moved from California to Pennsylvania

[01:43] for the job I didn't know many people in Pennsylvania so I was looking for a hobby right I was looking for something I could do and I love sports I love gambling I'm a big poker player I was working as a quantitative Trader on Wall

[01:56] Street so I love gambling right I was gambling in financial markets at my job stock trading right it's really similar to sports betting I love poker I love taking risk I love gambling so long story short I came to DraftKings and I

[02:10] started betting on DraftKings and I realized if you put in the work you can make some serious profits on this sports book so no BS in this video I'm just kind of going to run you through this is how you can make money on DraftKings

[02:25] right and how much money can you make doing it it really depends on how much time you put in right you don't need to be rich you do not need to be rich you can build your bankroll slowly like over five years I made two hundred thousand

[02:37] dollars when I graduated college I had no money I took my first job you know was making some money for my job funded my DraftKings a bit in it in hard work five years later I'm up over two hundred thousand dollars and I've loved every

[02:51] minute of it right I'm betting on sports and watching sports and making money I video we're just going to kind of explain different strategies for making money on DraftKings let's get into it guys

[03:04] the easiest money you're going to make off DraftKings just like the cheapest drink you're gonna get at a bar is going to be a happy hour the easiest money you're going to make on DraftKings comes from promos so I said they have this

[03:16] like a thousand dollar deposit match when you first sign up some people will be like what is the catch right this pot you cannot make money with this and that is not true right Sports books offer these promos because they're all in

[03:30] ruthless competition with one another you know trying to get new customers to sign up fanduel's competing with DraftKings they're all trying to get new people to sign up for their for their platform so they offer promos and some

[03:42] of these promos are really really good really profitable so as a short better we just take advantage of the profitable promos like you can see right here DraftKings had a two thousand dollar deposit reload that's the easiest money

[03:56] you just have to deposit right and you get free money and why do sportsbooks offer this well they offer this a again because they want to keep people hooked in they want to keep people depositing more money and most people don't know

[04:10] sharp betters they're not sophisticated they don't know how to bet so if make a lot of money off that customer long term but not us right so you have

[04:22] to stay disciplined but some of these promos are insanely profitable and you initial money I made off DraftKings was just coming from promos I'm not even doing anything complicated so after making you know after I started

[04:36] making some money um on DraftKings just for embedding placing a lot of bets I kind of wanted to take my game to the next level I was like wow I'm building up my bankroll on DraftKings how can I do this quicker how

[04:50] can I make more money so I started to Google around and again like you know don't fall for the BS schemes oh turn ten dollars into a million with this parlay I mean come on give me a break that's absolute BS but what I stumbled

[05:03] upon was Arbitrage betting read about it risk-free money sports betting right it sounds crazy it sounds too good to be true but read about it try it yourself what Arbitrage betting is is because Sports books have different odds from

[05:17] one another essentially you're taking advantage of differences and odds between sports books to make a risk-free profit right so FanDuel has different odds than DraftKings sometimes you can bet on let's say the Lakers on FanDuel

[05:32] the nuggets on DraftKings and make a risk-free profit due to inefficiencies in the market these Sports books have different models they have different betting is actually how I made my first forty thousand dollars sports betting

[05:45] man I used to get home from work start finding Arbitrage bets buy a Corona right and what's amazing about sports betting what you have to remember that is so awesome about sports betting is you know the Market's open 24 7. the

[06:01] is you know the Market's open 24 7. the stock market closes at 4 pm right but there's always Sports going on you know so you can always find good bets on weekends stuff like that so this is kind of a side hustle Arbitrage betting that

[06:14] you can do whenever you're free so I used to get home from work at 5 PM the markets the financial markets closed at 4 pm so I got off work around 4 P.M I for Arbitrage bets and then I would start gambling on sportsbooks so I went

[06:30] from gambling in financial markets the stock market at work like in my day job get home start gambling on Sports books right with my own money um and that's really how I made my first you know 40 000 or so dollars sports

[06:45] betting was from Arbitrage batting I absolutely love it um risk-free profit sports betting you have to be fast to get Arbitrage bets down and I'll show you here in a second how to find Arbitrage bets but you can

[06:57] make a lot of money um from Arbitrage betting and I owe you know now that I'm out of my job like I owe I owe a lot of that just to being a successful Arbitrage better and being able to make you know 50 100 bucks a day

[07:10] from Arbitrage betting when I got home from work so this is arbitrage betting right oddsjam has a tool for Arbitrage betting I absolutely love this but you have to move quick right you're taking advantage

[07:23] of inefficiencies in the market so you have to move quick so I would get home from work I would pull up all my Sportsbook accounts and essentially like DraftKings has you know literally there's millions of odds across all

[07:35] these Sports books most bets are not Arbitrage plays but oddsjam is scanning the market you know updating millions of odds a second to point out the Sportsbook big discrepancies where you can place bets on an over and an under

[07:49] or a team in the opposing team on two different sports books and make a risk-free profit so here you can see there's a play on Brian Wu so you can earn a risk-free profit of 2.28 percent that's crazy this game is today right

[08:05] you can earn a risk-free profit of 2.28 so if you have let's say 200 in your parlay Play account 166 in your betway account you make a risk-free 858 then and this is all I would do I would hit an Arbitrage bet

[08:20] this is a six pack of Coronas in Pennsylvania where I was living it's not going to be a six pack of Coronas unfortunately in California stuff's going to be 16 bucks but when you're in Pennsylvania I mean like that's a lot of

[08:34] money this was a Chipotle burrito so I would get home from work I would refresh the Arbitrage Page look for Arbitrage bats and just lock in you know essentially risk-free money every single night and that's how I built my bankroll

[08:47] um very quickly made forty thousand dollars a profit on draftking Sportsbook