A Full Year of Profitable Sports Betting with OddsJam

In August 2023, I began a year-long journey to become a long-term profitable sports bettor. Little did I know then that it would be so profitable or easy. For those new to sports betting or just new to profitable sports betting, read on and learn the lessons so you too can join in the profits and beat the books at their own game with OddsJam!

After a year of consistently placing bets found using OddsJam, there is no doubt that anyone can become a profitable sports bettor using their service. In short: OddsJam is worth it!

In the past year, I’ve placed thousands of bets, and wagered tens of thousands of dollars, and through it all, I have consistently been profitable and continue to grow my bankroll.

So, now it is time to review the past year and share my journey. Let’s dive in!

How Does OddsJam Work?

We should quickly review how OddsJam works before getting to the full review. Although I’ve dabbled in arbitrage and middle betting, I’m a +EV bettor (aka a value bettor).

Arbitrage is betting on both sides of an outcome to guarantee a win and OddsJam is very good at finding profitable arbitrage bets. For me, arbitrage is trickier as I’m working in three different currencies making it tricky because of the extra currency conversion. However, if you would like to always win, arbs are a great way to go!

Middle bets are like lottery tickets in sports betting. You look for over/under bets where there is a gap. Say two books have a player rebound props, one at under 4.5 rebounds, the other at over 3.5 rebounds. If you make both of those bets, you will win on at least one, but likely take a small loss. However, if the player gets exactly 4 rebounds, you win both bets! Middles are a lesser-known way to profit in sports betting, but you can do it. Again, for me working in multiple currencies, it is a bit trickier.

Positive EV bets (or value bets) are where I thrive on OddsJam! OddsJam scans millions of potential bets every second to find bets that have a positive expected outcome – essentially beating books at their own game by finding mispriced bets that are in your favor. You won’t win every +EV bet, but with a consistent edge and enough volume of bets, you will profit!

Just how well does OddsJam work? In my first year, I was profitable in 11 months!

Profit from the Beginning

When I decided to use OddsJam daily for +EV betting in August 2023, I had a modest bankroll of around $3k. The smallest bet I was making was $5, and it was rare to place a bet of $50. I didn’t have accounts at many books and my bankroll was not spread evenly among the books that I did have. However, I was determined to see how well OddsJam would work based on everything I had read and knew about sports betting.

I finished August with a tidy profit of $190. Given the number of bets and my bet size, I was very happy with the start of my journey.

September continued the heavy dose of positive variance and I profited $520. I was on a roll and was very surprised that it all seemed so easy. In a way it was, but I’d done my homework and knew about variance and knew it would balance out.

October was tight. I kept making the bets and trusted the process. My bet size was increasing and so was my turnover, but variance caught up with me. I finished with a profit of $38 for the month.

I crushed it in November! My profit was over $800 for the month on a bankroll that was still under $4k. I was hooked!

December was a bit more realistic, but added another $180.

Starting with five straight months of profit was unbelievable! That is a reflection of just how good OddsJam really is.

From the week I started to the end of the year, I was up over $1700 on $35k in turnover through 1900 bets with a profit per wager of 4.9%! This was a sign of things to come!

Get started with OddsJam today! Start your free trial of OddsJam, then take 35% off your first month with promo code Beyond35 and explore what OddsJam is all about!

What About Sign Up Bonuses?

Some of you may be wondering why I wasn’t using sign-up bonuses to grow my bankroll quicker. OddsJam does recommend using sign-up bonuses when you first start out to kick-start your bankroll growth. They even have a promo finder to help you find those big bonuses and they have the tools to clear those bonuses quickly!

However, most of my accounts I had been using for a while and didn’t qualify for sign-up bonuses. Other books I had access to didn’t offer sign-up bonuses or only offered very little. With my bankroll already tied up at a few different books, this just wouldn’t work for me.

If you are new to +EV betting with OddsJam or don’t have accounts at some of the big names, especially in the US and Canada, you must absolutely take advantage of the sign-up bonuses to juice your bankroll! (Make sure you read the fine print and know your rollover requirements etc. so you can maximize your free money.)

2024 = More Profits!

January started the year off right, with more profit! Similar to December, nothing spectacular. I finished with $160 in profit.

February was another highlight month. I was riding some positive variance and finished with $590 in profit. Not quite November numbers, but still a strong month.

Add in another $200 for March. Plus another $560 for April!

May was a grind with only $42 in profit.

11 Straight Months of Profit with OddsJam!

By the end of May, I had profited almost $3.3k from my initial bankroll of $3k. I had a turnover of just under $80k, had placed just shy of 4000 bets, and was maintaining a healthy profit per wager of 4.1%.

My average bet size had grown with my bankroll. I managed to get in a higher volume of bets through the NBA season and MLB was in full swing.

Another book limited me, but I found an even better one to replace it.

I only pull money from a book once I get limited, no need to draw unwanted attention to myself.

I was consistently updating my bankroll settings in OddsJam every day or every few days to keep the bet sizes correct.

I was getting a routine down of when to look for bets to place (being in New Zealand the time difference can be challenging) and what types of bets were likely to come up at the various books.

The Streak Ends

The streak ended in June. For the first month since I started the year-long journey with OddsJam, I ended a month in the red. June finished with a loss of $215.

July was an extended family holiday, so I didn’t make a single bet for the entire month. It is always good to step away and reflect. It was good to review where everything was at with my sports betting and make a few adjustments.

We hadn’t booked the extended holiday when I started this journey, so I thought it only fitting to push the end date out by a month and finish a full year of betting.

Another Profitable Streak Begins

August 2024 started a new streak! I bounced back and finished the month strong with just under $500 in profit!

September extended the new streak with another $220 in profit. However, the last week of the 52 finished on the 21st of September. My profit to that point was only $95.

How long will this streak last? I’m very curious to find out!

A Profitable Year With OddsJam!

After a full 52 weeks of betting, here is how the numbers look.

Just over $92k in turnover. 4435 bets placed. I’m beating the closing line 80% of the time. My profit margin per wager is 3.98%. My total profit is just under $3.7k.

Actual vs Expected Results

My results (blue line) are almost exactly where they are expected to be (purple line). Notice the variance with the blue line.

Profitability By Sport

Basketball is by far my most profitable sport. This is not a surprise as there are just a ton of bets to be made on NBA games.

A few bets on Aussie Rules, MMA, Soccer, and Tennis – almost not worth mentioning.

Average Wager Over Time

No surprises here. As my bankroll increases, so does my average wager. A nice steady increase. (Slight glitch with July, my first bet back in August was tagged as a July bet. I’m sure it is just a timezone thing.)

So Many Markets!

There are a ton of different markets to bet on, as you can see. What always stands out to me with this graph is just how much profit I get from two specific markets: NBA Player Assists and MLB Pitcher Strikeouts! And that nasty negative? That is MLB player runs. I’ve not had much luck with that specific market … yet.

Get started with OddsJam today! Start your free trial of OddsJam, then take 35% off your first month with promo code Beyond35 and explore what OddsJam is all about!

Lessons Learned

1. OddsJam makes it easy to be a profitable sports bettor with their +EV tool! And they have so many other great tools to help you be a profitable sports bettor.
2. Trust the process. You may not agree with some odds and think about playing a hunch or going with your gut. Don’t! OddsJam makes it easy … but you have to follow the process. My results are nothing out of the ordinary for regular OddsJam users.
3. Variance is real and you will see your short-term results fluctuate (see my Actual vs Expected graph above), But, over the long term, your profit should come damn close to expectations.
4. Use the Kelly Criteria for bet sizing. The Kelly Criteria is about maximizing bankroll growth, which is always a good thing.
5. Read the fine print on bonuses. You must know the rollover requirements so you can take advantage of the free money they are offering you.
6. If in doubt, ask OddsJam! The OddsJam crew is great at answering your questions about profitable sports betting. Never hesitate to ask a question.
7. You will get limited. Books do not like consistent winners. Over time, you will get limited. Accept it and move on. There are plenty of other books out there.
8. Keep your emotions in check. If you are feeling the euphoria a week of green, or the despair of a week of red, make sure you check yourself before you do something foolish, like not trusting the process (see Lesson 2 above).
9. You don’t need to know about sports to be a profitable sports bettor. I couldn’t tell you what the record is of any NBA team, but that doesn’t stop me from being highly profitable betting on the NBA.
10. Compound growth is insane! After a year of daily +EV betting, I’ve more than doubled my bankroll. That isn’t a fluke. But the craziest thing is that my bankroll growth will now grow even faster!

What Next?

Despite coming so close in November 2023 to hitting $1k in profit for a month, I’m still working on that. I know I’ll get there, it is just a matter of time.

Keep updating the world with my results here, but only on a monthly basis. Recapping every week was more of a challenge than I thought.

Keep my fingers crossed that I don’t get limited too quickly as I keep working through the different books.

Above all, keep putting in those bets and beating the books at their own game!

Thanks for reading.

If you’re thinking about giving OddsJam a shot to make you a profitable sports bettor, do it! Now would be a great time to start. Start your free trial of OddsJam. Take 35% off your first month with promo code Beyond35 and explore what OddsJam is all about.

Disclaimer: Links to OddsJam are affiliate links and I am not hiding that. I truly believe in their product and use it daily.

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