OddsJam Betting Results for Week 12 of 52

Welcome to week twelve of a 52-week account of my experience over the year with OddsJam.

You can read about last week here: OddsJam Bettings Results for Week 11 of 52.

Recap

Well, Week 12 was beyond exceptional! Week 12 has been the best week I’ve had sports betting. With NBA and NHL games hitting a more results spot and a bit of extra time to look for some bets, the results have been phenomenal! So many bets. A lot of big edges (6, 8, 10, 15%) that have come through.

Of course, with a week like this, luck does play a part. However, we know that long-term positive expected value (+EV) sports betting will lead to long-term profit. With the exception of a slight blip on Wednesday, it would have been a green week as well. (I did make bets on the 31st, but there is a known glitch because of the significant time difference.)

I’m getting in a ton of bets on player props, many with large margins (over 6%). This certainly helps the bankroll. Finding the patterns of when the books release their odds has been helpful as often the initial odds are not efficient and present a lot of opportunities for +EV bets.

I’m still running into limits on player props at some books. It isn’t a worry as these same books are happy to take larger wagers on almost everything else. So, I take the small bets (sometimes on more than one book for the same bet) to try and work the +EV on these player props the best that I can.

I still didn’t see many odds for Sunday’s NFL games, but based on the +EV bets coming through over the past few days, the issue has been sorted. I’ll look for more +EV bets on NFL tomorrow. I’ve already placed a few wagers.

NBA player props have come through in a big way this week, accounting for around 80% of the profits this week.

My NHL bets this week were on the plus side again. That was a nice change from last week. I’ll put that one down as balancing out the variance. Again, long-term we know +EV bets are profitable so this isn’t a surprise that NHL bets are starting to balance out.

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Highlights

The biggest edge I found for the week was Julius Randle to have a double-double in the Knicks-Bucks game. I didn’t hit it this week, but it was an over 15% edge.

The longest odds I hit for the week was the Kings-Senators game coming in under 6 goals at 2.6 odds (+160 American). I also hit a 2.6 odds on Myles Turner hitting over 1.5 threes (he had 4) in the Caviliers-Pacers game. And I hit another 2.6 when Mikal Bridges hit over 2.5 threes in the Nets-Bulls game.

The worst miss for the week was the Avalanche-Sabers game. I had the Avalance at +1.5 on the puck line at 1.3 odds (-333 American). The Avs got shutout 4-0.

Results

(Ignore the glitch not showing any bets on the 31st. It is a known issue as a result of New Zealand betting so far ahead of time. They are working on it.)

I’m up an astounding 109 betting units for the week (a betting unit is my smallest wager). You read that correctly, I’m up 109 betting units for the week.

With two big days of bettings to finish the week, I got in 149 bets. This is what I like to see and will try and keep that level of turnover going. As previously mentioned, I didn’t get many NFL bets in as some of the books weren’t showing lines, so I could have easily hit 150 had there been a few more NFL bets.

Not as many arbs this week. With so many +EV bets available, there just didn’t seem to be the time. Speed is important in sports betting when you find an edge and arb betting in multiple currencies when you need to convert on your own is slow compared to +EV betting. I’ll work on it.

The Numbers

After a few weeks of crushing the CLV (87% last week), I tried to get in more bets at a narrower edge to try and bring that down as that is incredibly high. For this week I’m down to 83% of bets beating the CLV, which is still high.

Regardless, it is still a good indicator that the bets I’m placing do in fact have an edge. I won 54% of the bets for the week, but this higher number was expected as a lot more of my bets were the favorites, rather than the underdog. The profit margin for this week was an insane 21.9%! This is certainly not sustainable. For now, I’ll take the nice bump this week has made to my bankroll and see about increasing my bet sizes to capitalize on the edge I’ve got and turn it into more profits.

October finished slightly positive. November has started overwhelmingly positive. I hope to keep that ball rolling for the NFL games tomorrow.

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