Profitable Sports Betting: How +EV Betting Works

Friends using mobile phone and betting during a basketball match

The Basics of +EV Betting Explained for Beginners

Sports betting is becoming more and more popular in the US. It seems like every time you turn on a game or watch a YouTube highlight, you are getting bombarded with ads from any number of sportsbooks.

Despite what people may think, it is possible to beat the house mathematically at their own game.

Many people are turning sports betting from a hobby to a legit side income and even their career, consistently making multiple thousands of dollars per month. What people don’t realize is that sports betting is similar to the stock market, and nobody says it’s impossible to win long-term in the stock market!

Let’s take a look at how we can use the market to make a profit in sports betting.

What is +EV Betting?

You may have seen the term “+EV” thrown around if you have spent any time looking up how to bet on sports, and it is the most important phrase that you can learn. So, what does it mean?

The EV in +EV stands for expected value, or how much money you can expect to make by placing the bet.

Every single point spread and money line you see is basically just a price of how likely the bet is to win.

A +100 money line means if you bet $100, you get $200 back if you win. This bet is 50/50 odds, while a +150 moneyline is 40/60, but you will get more money if you win, $250.

A +EV bet gives you better odds than they should be, or, increases the expected amount of value a bet has.

Let’s look at it this way: if the stock price of Nike is $100 per share, but somebody says, “I’ll give it to you for $75,” you would accept that offer, right? Sure, there is a chance that the stock price will go below $75, but there is a better chance of making money at this price than buying the stock for $100.

How to Start +EV Betting

With tons of sportsbooks popping up in every state, it is easier than ever to find +EV bets. It’s like going on Amazon and looking up a product, then getting a long list to choose from so you know you are getting the best price.

The Pistons moneyline might be listed at +130 on DraftKings, but +170 on FanDuel. When this is the case, you can bet the Pistons on FanDuel and increase the amount of expected money you will make simply by shopping around for the best price.

Getting a 100% profit boost is the same thing as getting a buy one get one free at your favorite store. It’s a no-brainer!

I gotta say, +EV betting does take a lot of math! The best way to start out is to follow a free picks service like PromoGuy.

They will alert you when sportsbooks run profitable promos and odds boosts in order to compete for you, the beloved customer, just like a business would put an item on sale to bring you into the store.

  1. College Sports News

    WCC to Add Grand Canyon and Seattle in 2025

    WCC adding Seattle U and Grand Canyon University

    WCC adding Seattle U and Grand Canyon University

    Seattle and Grand Canyon will be leaving the Western Athletic Conference and moving to the West Coast Conference starting July 2025.

    The nine current members of the conference are private universities with a religious affiliation. Seattle is a Jesuit institution, while Grand Canyon, situated in Phoenix, is a Christian college.

    Grand Canyon’s basketball achievements were a significant factor in attracting WCC commissioner Stu Jackson. The team has participated in the last two NCAA Tournaments and three of the previous four under the leadership of coach Bryce Drew.

    As the 12th-seeded Antelopes defeated fifth-seeded Saint Mary’s before losing to Alabama in the tournament this season.

    Saint Mary’s is currently a member of the West Coast Conference.

    The WCC, while also integrating Oregon State and Washington State this autumn (excluding football), will expand from 11 to 13 members by the 2025-26 season.

    The future beyond 2026 looks uncertain, with Oregon State and Washington State appearing unlikely to continue with the WCC.

    The former Pac-12 schools are under a two-year contract, expiring on June 30, 2026. Sources from CBS Sports suggest that the odds of the two Pacific Northwest institutions staying are slim, with a move to the Mountain West or a new conference formation being more probable.

    Following the departures of Sam Houston and New Mexico State last year, Seattle and Grand Canyon’s exit from the WAC will reduce the conference’s membership to just eight by July 2025.

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  2. College Sports News

    Ex-Cal State Fullerton G Max Jones Commits to Kansas State

    Kansas State adds athletic wing in left-handed shooter Max Jones

    Kansas State adds athletic wing in left-handed shooter Max Jones

    Former guard of Cal State Fullerton Max Jones has made a decision to join Kansas State for his upcoming collegiate season, according to reports.

    Notable alternatives that Jones purportedly pondered were New Mexico, Texas A&M, Mississippi State, Florida Atlantic, and Loyola Chicago.

    During the previous season with the Titans, Jones maintained an average of 15.3 points and 3.0 rebounds across 24 games, in which he started 21. He secured the second-highest scoring position within the team, alongside being the second in 3-pointers with 42 baskets and 41 steals.

    In the season prior, Jones held an average of 12.5 points and 4.0 rebounds in 32 games, amassing 34 three-pointers and 30 steals.

    Before making his way to Cal State Fullerton post the 2021-22 season, Jones spent two years at Division II Tampa, where he managed to achieve an average of 21.9 points across 21 games during his sophomore year with the Spartans.

    In the recent offseason, Kansas State acquired Dug McDaniel, a former player from Michigan recognized as one of the premier point guards available in this year’s transfer portal.

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  3. College Sports News

    Stanford Names Basketball Court in Honor of Tara VanDerveer

    View From The Top with Tara VanDerveer, Former Coach of Stanford Women’s Basketball

    View From The Top with Tara VanDerveer, Former Coach of Stanford Women’s Basketball

    Tara VanDerveer’s legacy at Stanford will now be visibly acknowledged, with the school revealing on Thursday that the basketball arena’s floor will bear the name of the esteemed Hall of Fame coach.

    At the age of 70, VanDerveer stepped down following her 38th season at the helm of the Cardinal.

    She steered Stanford to 14 Final Fours and secured three national championships (1990, 1992, 2021). VanDerveer embarked on her coaching journey at Idaho (1978-80) and later coached at Ohio State (1980-85).

    In January, she surpassed Mike Krzyzewski to clinch the title of the most successful college basketball coach in history, across both men’s and women’s teams. VanDerveer concluded with a remarkable 1,216-271 record, boasting a 1,064-220 tally with the Cardinal.

    Alongside the unveiling of the Tara VanDerveer Court at Maples Pavilion this November, Stanford also established an endowed position in women’s basketball for an assistant coach in VanDerveer’s honor.

    VanDerveer said in a statement, “This endowment will go a long way to strengthening the future of Stanford women’s basketball. I have many wonderful memories of leading the women’s basketball program at Maples Pavilion.”

    “It’s an honor, and a little surreal, to know that my name will be linked to both in these ways, and I look forward to celebrating with all our fans this fall.”

    Last month, Stanford appointed Kate Paye, one of VanDerveer’s longtime assistant coaches who played for the Cardinal from 1991-95 and began coaching under VanDerveer in 2007, as the new head coach.

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