OddsJam Betting Results Week 23 of 52

Welcome to week 23 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 22 of 52.

Recap

Week 23 continued the bounce-back! With work creeping back in as well, I’ve made far fewer bets over the past week. Part of that is a bad run at one book and not wanting to reload just yet. Still, being back in the win column is great!

More bets on the slight favorites looks to be paying off. I’ve done a partial analysis and it certainly looked like I was underperforming on the longer shots +150 odds (2.5 decimal). I know that would work itself out with a larger enough sample size. However, when you are in a downswing, sometimes you have to make a few slight adjustments.

I’m still very grateful for the positive run I had back in September and especially in November. Months like those make it easier to push through. Effective use of the Kelly Criterion has also been key to avoiding disaster.

Thanks again to those wonderful, encouraging fellow OddsJam users on X (Twitter) for the helpful tips and reminders of how this +EV (value) betting has its ups and downs.

NFL (enjoy the playoffs), NHL, and NBA are all available for bets. There are also a ton of NCAAB games every week. Now is a great time to start your own profitable sports betting journey! Start your free trial of OddsJam. Take 35% off your first month with coupon code Beyond35 and really explore what OddsJam is all about.

“Success is where preparation and opportunity meet.” – Bobby Unser

Highlights

For the second week in a row, I’ve managed to land the biggest edge I found for the week. This time, it was over 18%! You read that correctly, a +EV bet of over 18%! Bam Adebayo had under 4.5 assists in the Heat-Nets game. I placed the bet at -102 odds (1.98 decimal) with a CLV of -159 (1.63 decimal). I’ll take that kind of bet any chance I get.

My long shot for the week was only at 108 odds (2.08 decimal). Not even worth mentioning. This is part of the slight tweak to betting more on slight favorites to help get out of the downswing. I’m sure I’ll add the long shots back in soon enough.

Results

After being up $40 last week, I’m happy to be up $145 for this week. In the green four out of five days is almost always a good thing and will be profitable. Friday as a bit of shocker, but I luckily bounced back on Saturday.

This past week has put 2024’s results into the green for the first time. We’ll keep at it and see how far we can go. I have high hopes and know the system works. Sticking with the edges that I find with OddsJam is a winning formula.

The Numbers

Second week in a row where I’m crushing the CLV (closing line value) at 82% My win rate jumped a bit to 55%, but that will be a reflection of betting more on slight favorites. It feels in line with where it should be.

My profit margin for the week took a significant jump and popped to over 11%! That seems insane and isn’t sustainable. For a sanity check, my profit margin/wager since I started this blog is just under 4.5%. Week to week you can see some big swings, but the long term tells the real story. Even when considering the edges I was placing this week, 11% is above what I would have expected.

I had just under $1250 turnover for the week, which is down again. Ideally, I’d be finding more bets but time is limited and I really do need to find some new books to find even more bets. That turnover is less surprising when I only had 65 bets in for the week. I should be getting in a lot more than that and it will be something that I need to work on.

Back in the win column and slowly growing the bankroll thanks to OddsJam! What will next week bring?

X (Twitter)

Hit me up on X (Twitter) @BeyondTheEV if you ever have any questions about anything to do with OddsJam or want to follow along a bit more closely with my journey.

Disclaimer: Links to OddsJam are affiliate links and I am not hiding that. I truly believe in their product and use it daily. Visit OddsJam for a 7-day free trial and see for yourself. Take 35% off your first month with coupon code Beyond35 and really explore what OddsJam is all about.