Sports betting 101: What is a free bet and how do I turn it into cash?
Автор: OddsJam: Sports Betting, Free Picks & Best Bets
Загружено: 2021-09-10
Просмотров: 2415
Описание:
https://oddsjam.com/low-hold
The OddsJam low holds page will enable you to convert your free bets on US sportsbooks into cash with no risk. Similar to arbitrage, your payout will be the same regardless of the outcome. Your goal is to get the highest possible free bet conversion rate; most bettors aim for a minimum of 70%.
OddsJam has the fastest updating odds in the industry from 30+ sportsbooks. We give our users an edge by providing odds from both US & Canadian regulated bookmakers, such as BetMGM and DraftKings, as well as sharp offshore books, such as Pinnacle sportsbook.
In this video, we find a free bet conversion of about 75% for a $5 free bet on DraftKings. We wager on Cardinals -3.5 run line at +550 odds on DraftKings sportsbook and Reds +3.5 -625 odds on BetMGM sportsbook. We get a risk free profit of roughly $3.80. Again, free bets are inherently worse than cash because you are not getting back your stake.
The OddsJam API powers multi-million dollar initiatives, as well as small research projects. Pricing is a function of usage. You can view our odds API developer documentation here: https://oddsjam.com/api
Follow OddsJam on Twitter: / oddsjam
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