What is Positive Expected Value (+EV) Betting?

2024-10-31

Mastering Positive EV Betting: Strategies for Long-Term Sports Betting Success

In the world of sports betting, achieving long-term success can often feel like chasing shadows. However, mastering the Positive Expected Value (EV) betting strategy can turn the odds in your favor, making profitability not just a possibility but a probability. This comprehensive guide delves into the nuts and bolts of +EV betting, equipping both novices and seasoned punters with actionable insights to elevate their betting game.

 

What Does EV Mean in Betting?

Positive EV betting is heralded as the most profitable sports betting strategy available. The concept of EV, or Expected Value, is rooted in probability theory and signifies the anticipated return on a bet. Calculating EV involves multiplying each possible outcome's payoff by its likelihood of occurring. Despite the seemingly complex math, tools and calculators are available to simplify this process.

 

The Advantages of Positive EV Over Arbitrage Betting

While arbitrage offers risk-free profits by covering all possible outcomes, Positive EV betting is more profitable in the long run since you aren't hedging with a bet that offers a lower edge than the best available offer. For example, betting $20 on an over 2.5 goals market priced at +200 could yield a $10 positive EV, significantly higher than the $2.50 guaranteed profit from an arbitrage bet.

 

Is Positive EV Betting Profitable? 

One of the things to keep in mind is that Positive EV betting does come with short-term variance, which can be testing and does require great Bankroll Management. Despite this, the long-term numbers don't lie, making Positive EV betting the optimal, most profitable approach for frequent, long-term betting. Additionally, Positive EV betting often involves fewer bets compared to arbitrage betting, further enhancing its appeal.

 

How to Find Positive EV Bets

Maximizing profits with Positive EV betting involves leveraging specialized EV tools like Betstamp. These odds comparison platforms pinpoint real-time Positive EV opportunities, although they can't fully automate the betting process due to restrictions from sportsbooks.

Lower quality betting events and rapidly changing odds are prime opportunities for finding Positive EV bets. Foreign, low-quality football leagues and ancillary markets like unders, overs, goals, corners, and cards are also fertile grounds for such bets.

 

Real-World Applications and Personal Success

Promotional offers from bookmakers are identified as a hidden goldmine for Positive EV bets, although they should be used effectively to avoid long-term losses. You can find a link to the best intro offers in your area by clicking here.

 

In conclusion, mastering Positive EV betting requires a solid understanding of probability theory, strategic use of specialized tools, and a keen eye for mispriced odds. Whether you're new to betting or an experienced punter, these insights can significantly enhance your betting edge, transforming sports betting from a game of chance to a game of skill.

 

Looking to Start Finding +EV Bets?

Finding profitable Positive Expected Value bets doesn't have to be a challenge. Our Betstamp Discord has dedicated channels for finding and sharing the best Positive EV Plays for every major sports league. Join the FREE Betstamp Discord to get the best boosted & + EV bets of the day, links to the hottest promotions, and in-depth knowledge on how to beat the books.

 

Scale Your Winnings With Betstamp Pro

Betstamp Pro saves you time and resources by identifying and highlighting edges across 50+ sportsbook feeds in real time. Leverage the most efficient true line in the industry and discover why Betstamp Pro is essential for top-down bettors. 

 

In order to preserve edges, there are only a limited number of spots available to purchase Betstamp Pro. Don’t wait — apply for your free 1-on-1 product demo by clicking the banner below.

 

FAQs

What does Positive EV mean?

Positive EV (expected value) in betting is when a bet has a higher likelihood of winning than the implied odds set by the sportsbook. This is viewed as one of the most profitable betting strategies over the long-term. 

All Sportsbooks

Current LocationOhio




Betstamp FAQ's

How does Betstamp work?
Betstamp is a sports betting tool designed to help bettors increase their profits and manage their process. Betstamp provides real-time bet tracking, bet analysis, odds comparison, and the ability to follow your friends or favourite handicappers!
Can I leverage Betstamp as an app to track bets or a bet tracker?
You can easily track your bets on Betstamp by selecting the bet and entering in an amount, just as if you were on an actual sportsbook! You can then use the analysis tool to figure out exactly what types of bets you’re making/losing money on so that you can maximize future profits.
Can Betstamp help me track Closing Line Value (CLV) when betting?
Betstamp will track CLV for every single main market bet that you track within the app against the odds of the sportsbook you tracked the bet at, as well as the sportsbook that had the best odds when the line closed. You can learn more about Closing Line Value and what it is by clicking HERE
Is Betstamp a Live Odds App?
Betstamp provides the ability to compare live odds for every league that is supported on the site, which includes: NFL, NBA, MLB, NHL, UFC, Bellator, ATP, WTA, WNBA, CFL, NCAAF, NCAAB, PGA, LIV, SERA, BUND, MLS, UCL, EPL, LIG1, & LIGA.
See More FAQs

For more specific questions, email us at contact@betstamp.app

Contact Us