Welcome to week 29 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 28 of 52.
Recap
Week 29 was just about flat, finishing with a slight loss of $11. Compared to February (my second-best month ever with OddsJam), I can’t complain.
Looking at the last few weeks, I’ve certainly been on a roll and don’t mind pulling back a bit even just to even out the variance. I’m also mindful that I don’t want to get too carried away with consistent wins pilling up at a few books. Getting limited is the last thing I want.
Nothing stands out this week and that is not surprising. When you get monster weeks +EV betting (value betting), one of the best things that can happen next is a flat week.
The consistent profitability of OddsJam continues to roll. Another week down, yet the long-term average profit/wager remains very consistent between 4% and 5%. I’ll take those steady returns any chance I can.
The NBA and NHL All-Star Breaks are over. The trade deadlines are fast approaching. MLB spring training has already started. I’ve even had my first win on MLB this season.
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“Success is where preparation and opportunity meet.” – Bobby Unser
Highlights
I managed to hit the biggest edge of the week again. That is happening a lot lately. It was nothing like the monster 88% edge that I hit back in Week 27. However, the fact that OddsJam consistently finds edges of 10% or more on +EV plays is very encouraging. Hitting them to boost my bankroll is even better.
The biggest edge I found, and hit, this week was 10.42% in the Warriors-Raports game. I had Steph Curry on over 4.5 assists. I placed the bet at -122 odds (1.82 decimal) and it closed at -147 (1.68 decimal).
The biggest long shot for the week was only at +149 odds (2.49 decimal) on the Bucks-76ers game. I had the first quarter at under 57.5 points. Not really a long shot, but it was the biggest odds I landed for the week.
My biggest miss for the week closed at -194 odds (1.52 decimal). This was on Buddy Hield to have over 13.5 points in the Hornets-76ers game. It would have been nice to hit on this one as I had a tidy edge placing the bet at -115 odds (1.87 decimal).
Results
(Just a reminder that I’m in New Zealand, so everything is a day ahead.)
I ended up down $11 for the week, so a very light shade of red.
The Numbers
My closing line value for the week was down a bit at 72%. Of course, anything above 70% is good. Only once on this journey have I dipped below 70% this far. This shows how consistent OddsJam is at finding a profitable edge.
The 50% win rate for the week is a bit low. The reality is that a single bet would have swung me from a slight loss to a slight profit, so 50% is still within expectations. Even a slight tick up to 51% would have resulted in profit.
The profit/wager this week was a slight negative -0.47%. So close to a profit. As mentioned, this will help bring my variance back down as February had a very healthy profit/wager.
I managed to fit in 113 bets with a turnover of just over $2400. Those are okay numbers, but I’d certainly like them higher.
My Thoughts
Now that I’m past the halfway point (Halftime Update), I don’t think I can claim to be new at this. When I started back in August, I thought I knew a lot about how all of this already worked. I was wrong and the evidence I have is how much I’ve learned along the way.
February closed at my second-best month ever (November is my best so far). I am looking forward to March to see if I can crack that $1k month barrier. For now, I’ll focus on next week.
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. It is a nice side hustle.
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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.
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