OddsJam Acquires OddsBoom!

Really exciting news! One of the most innovative sports companies out there, a startup called OddsJam, has acquired OddsBoom. With sports betting taking over the United States, these are exciting times. The OddsBoom creator is also joining the OddsJam team to make the product function at an even higher level.

As mentioned above, sports betting is having its time in the sun in these current times, and there isn’t really an end in sight. There are currently 19 states that have legalized mobile sports betting, with a couple more on the horizon. Maryland and Ohio are the next two big states that plan on legalizing mobile sports betting by the end of this year.

We are also seeing more and more sportsbooks that are opening up in the already existing states where sports betting is legal. Colorado and New Jersey have over 20 legal sportsbooks that residents of these states have access to. The growth of the sports betting industry is not just limited to new states or new sportsbooks either, we are also seeing tremendous growth in users in the existing states as well. Everybody is getting in on the action!

So, with everything trending in an upwards direction for the sports betting industry and community, having OddsJam acquire OddsBoom, with the OddsBoom runner joining the OddsJam team, is very exciting. This opens up some sharp sports betting strategies that can become very lucrative in the long run. The best of these strategies is called Positive Expected Value betting, commonly referred to as Positive EV.

Sports bettors can get a 5% ROI on a consistent basis by Positive EV betting. 5% doesn’t sound like a lot at first, but from a long term perspective, getting a 5% return on an investment in one night is pretty awesome value. This is something that can be done by Positive Expected Value Betting.

The easiest way to accomplish this is to use the best sports betting software on the market, which is OddsJam.

Positive Expected Value Betting

To start, there is an article on the OddsJam website that details Positive EV betting and why it is so valuable and profitable, but I will try to detail this strategy at a high level here as well. The way Positive Expected Value betting works is you are placing bets that have a mathematical profit margin associated with them, bets that we know have a more favorable chance to occur than the suggested price we are placing the bet at.

How this works is the OddsJam Positive EV page will pull lines from the most accurate sportsbook in the world in terms of how they price odds, and then will show situations where you can place a bet on another sportsbook that has more favorable odds. Essentially, the OddsJam line is considered the “true line” of what a market should be priced at, and then by placing bets with higher odds you are gaining the edge on the sportsbooks.

The Positive EV page will also provide the percent of profit margin on each individual bet. The greater the gap between the OddsJam line and the line you place the bet at, the greater the profit margin will be. Of course, not every single bet will win and you won’t be profitable every single night, but over time you will see your profits compound as you are placing smarter, sharpet bets.

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