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Expert Reacts to WORST Gambling Advice on TikTok
Twitter: https://x.com/AlexMonahan100
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We go through the WORST sports betting advice on TikTok. I break down the sports betting math behind these TikToks. The goal of this sports betting tutorial is to help YOU make money gambling. I want to "debunk" bad sports betting advice & tips.
We go through a variety of sports gambling tik toks in this video. The first one is on bankroll management. I explain that the Kelly criterion is the optimal way to manage your sports betting bankroll.
I show that bankroll management is a SOLVED problem. It's relatively easy to manage your sports betting bankroll if you're disciplined. The hard part is finding sports betting strategies that WORK and win long-term. I explain that arbitrage and Positive EV are two sports betting strategies that make money.
We then go through what is "priced into" the betting market with a simple example on NFL point spreads/totals. I discuss line movement in sports betting and how sportsbooks work.
Next, we discuss hedging in sports betting. Hedge bets are sometimes amazing, especially when you are arbitrage betting. However, hedging parlays is usually a bad idea and NOT profitable. I break down the sports betting math & expected value.
Gambling is NOT easy, but sports betting is one of the rare, few games where you can actually win long-term and get an "edge." I explain that arbitrage is my favorite strategy to make money sports gambling.
We then go through NBA games being "rigged" or "scripted." I do NOT think this should impact your desire to gamble. Even if games are rigged, they are 50/50 to be rigged in your favor or against you.
The OddsJam sports betting software has NBA & NFL odds from 200+ online bookmakers, including DraftKings & FanDuel sportsbook. OddsJam has sports betting tools for both arbitrage & EV plays.
#sportsbetting #sportsgambling #tiktok #gambling
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