How to Make $50 Per Day Betting on Sports (The Math) — Transcript
Full transcript
- 0:00What if I told you that you could make
- 0:01$50 a day betting on sports? Not from
- 0:03some lottery ticket parlay, not from
- 0:05tailing some random cappers on Twitter,
- 0:07but from a boring, repeatable,
- 0:08math-based system that I've been using
- 0:10for 10 plus years. Now, before you click
- 0:12off thinking this is too good to be
- 0:13true, let me be clear. This isn't some
- 0:15get-rich-quick strategy. You're not
- 0:17going to start tomorrow with 200 bucks
- 0:19and be making $50 a day by next week.
- 0:21There's a specific bankroll that you
- 0:22need, a specific process that you need
- 0:24to follow, and a specific level of
- 0:26discipline that most people honestly
- 0:28don't have. But if you do have it, the
- 0:30math works. And I'm going to show you
- 0:32exactly how, step-by-step using my
- 0:34actual spreadsheet and real numbers. So,
- 0:36let's get into it. First, let's start
- 0:38with the math because the entire
- 0:39strategy falls apart if the math isn't
- 0:41correct. So, let's start with $50 per
- 0:43day. Times that by 365 days. What does
- 0:47that get us? That gets us 18,000
- 0:50$250.
- 0:52Now, realistically, you're probably not
- 0:53going to bet every single day because
- 0:54not every single day you're going to
- 0:56find value. So, what I like to do here
- 0:58is I like to put that into calculation.
- 1:00All right? So, let's actually just say
- 1:02$50 * 300. Okay? We're going to say 300
- 1:06days cuz that's more realistic and that
- 1:08gets us about $15,000
- 1:11a year. Now, let's go ahead and say the
- 1:12average odds that we're going to do here
- 1:14are going to be minus 300. Yeah, crazy,
- 1:17right? Most people will click off when
- 1:18they see that because they're going to
- 1:20be like, "I would never bet a minus
- 1:21300." But I'm going to show you exactly
- 1:23why this actually works and how you
- 1:25could actually make money doing this.
- 1:26So, with this line right here, what does
- 1:27that mean? That means if you put down
- 1:29300 that you end up making $100,
- 1:32correct? The implied probability here
- 1:34for that is 75%.
- 1:37What is the implied probability? Implied
- 1:38probability is the percentage the sports
- 1:40book's telling you that this is going to
- 1:42hit long term. And also, the number that
- 1:44you need to be able to break even and
- 1:45win long term just to be able to get
- 1:48your money back. But let's go ahead and
- 1:50use for example and I'm going to pop up
- 1:51exactly what my win percentage was over
- 1:53these last couple months and use that as
- 1:55an example. As you can see here. Now,
- 1:56let's just round that off with some
- 1:57variance and say 85%. Okay? Let's say
- 2:0185% was what I was hitting here, and
- 2:03that would be my true probability. This
- 2:05is how I imply probability. So, now I
- 2:07have what? A 10% edge or a 10% spread on
- 2:10what I was doing. Now, let's go ahead
- 2:11and do the math behind that. Let's do
- 2:13over 100 bets, okay? That means I win 85
- 2:17of them, and I lost 15. Now, my profit
- 2:20on each one of these wins was 100 bucks,
- 2:22let's say, okay? What does that mean?
- 2:24That means I made
- 2:258,500 here. Now, each time I lost here,
- 2:27I lost 300, okay? So, every time I lost
- 2:30was 300. So, we do 300 * 15, which would
- 2:33get us
- 2:344,500. That would put me at a profit
- 2:37margin here of $4,000. So, over 100
- 2:40bets, that's about $40 profit per bet.
- 2:43Now, this formula right here is an
- 2:45example of using a $300 unit size, okay?
- 2:49Now, in order to have a 300, you know, a
- 2:51$300 unit size, now what your bankroll
- 2:52is it has to correlate with this
- 2:54is going to be $10,000, all right?
- 2:57That's at minimum. That's what you need
- 2:59for this formula right here. Well, I'm
- 3:01going to break down exactly each
- 3:03individual bankroll so you could see
- 3:05what's doable and what's not, and how
- 3:07many plays you actually need per day per
- 3:09bankroll to be able to make this work.
- 3:11So, let's start out with a $5,000
- 3:13bankroll. That'd be 150 per bet, and you
- 3:16would need about three to four plays per
- 3:20day, okay, to be able to make that work.
- 3:22Let's go to $10,000 bankroll, which we
- 3:24just did, which is a $300 unit, and you
- 3:27could last with one to two plays daily
- 3:30with that. Now, let's go to a $15,000
- 3:32bankroll. Here would be
- 3:34450 for your unit size. And again, one
- 3:37to two plays is all you would need
- 3:39there. Now, let's go to a $20,000
- 3:41bankroll. That'd be $600 per unit. And
- 3:45at this level, you'd only need one play
- 3:47per day. All right? So, if you have
- 3:49$5,000 bankroll, $150 unit size, you
- 3:51need at least three to four plays. You
- 3:52to get that down. This is what you would
- 3:54have to do, okay? But, if we go all the
- 3:56way down to $20,000 bankroll, $600 unit
- 3:59size, you only need to get one play down
- 4:00per day to be able to make this formula
- 4:02work. Cuz now, think about it. How hard
- 4:03is it to be able to come up with one
- 4:05play that's minus 300 at least on
- 4:07average per day that's going to give you
- 4:09a favorable matchup, that's going to
- 4:11give you a high probability, and give
- 4:12you an actual edge? Doesn't sound that
- 4:14hard, right? But, here's the problem
- 4:16that most people see, all right? They
- 4:18see this number right here, which are
- 4:20the odds, okay? And when you take one
- 4:22loss here, what happens here? They get a
- 4:24loss at that, and they think, "Oh, it's
- 4:26terrible. Like, I'm never going to be
- 4:27able to recoup. I'm never going to be
- 4:28able to make it back." So, what they
- 4:30focus on is, like I showed you before,
- 4:32those 15 losses, okay? They don't focus
- 4:35on the 85 times that you're going to
- 4:38win. And what you have to do is you have
- 4:40to think about it like this, okay? Think
- 4:41about if I had a coin, and I said,
- 4:43"Every time that coin, I'm going to flip
- 4:45it, and it hit heads 85% of the time.
- 4:47Every time it hits heads, I give you 100
- 4:49bucks. Every time it hits tails, you got
- 4:52to give me 300 bucks." Would you take
- 4:53that deal? Of course you would, because
- 4:5585% of the time I'm going to be giving
- 4:57you money. And it's going to outweigh
- 4:59the amount of times that you actually
- 5:01give me three times that money. And
- 5:03you're going to make money over the long
- 5:04term. You just have to think about that
- 5:06analogy every single time you look at
- 5:08these type of odds. Because as long as
- 5:10you have an edge, the long term, you're
- 5:12actually going to turn a profit. It just
- 5:14takes time. And what you need is you
- 5:16need an actual
- 5:18bankroll to make this work, okay? As you
- 5:20guys could see before, I didn't show you
- 5:22$500, I didn't show you a thousand, I
- 5:24didn't show you two thousand. Why?
- 5:26Because you need an actual bankroll, all
- 5:28right? If you're going to make an
- 5:29investment into your income to make more
- 5:32money, you have to have money, because
- 5:34money makes money. If you don't have no
- 5:35money, then you go into the lottery
- 5:37system, where people are trying to hit
- 5:39those huge parlays, trying to put 20,
- 5:4130, 40 dollars on them to try to win
- 5:43thousands of dollars, which they never
- 5:45do. And they just end up donating, and
- 5:46that just racks up over time and those
- 5:49little losses that they take gradually
- 5:51as throughout the year. Next thing you
- 5:52know, they've lost a couple thousand
- 5:53dollars without even knowing it. Now, if
- 5:55you do have a smaller bankroll like a
- 5:56$500 bankroll, you could use the same
- 5:58strategy, but you won't be satisfied
- 6:00with the results because instead of
- 6:01making $50 a day, you'll be making $5 a
- 6:03day. And who's happy making $5 a day?
- 6:06Mostly nobody because they're not going
- 6:09to see that through and see how that
- 6:10adds up long-term over the course of a
- 6:12whole entire year. So, people with lower
- 6:14bankrolls would rather just lose the
- 6:15money rather than see a little bit of
- 6:17income come in. So, you could do it at
- 6:19any level, but for mentally to be able
- 6:22to do this at a level where you think
- 6:23it's actually good enough and you're
- 6:24actually making a good enough money
- 6:26where you consider it a source of
- 6:27income, then at least like that level of
- 6:29$5,000 would be the minimum to start at.
- 6:31So, the first step there was being able
- 6:33to break that mentality, okay? You got
- 6:35to break that mentality and understand
- 6:37and understand mentally how this game
- 6:39works and how the math correlates with
- 6:40what your mind is going to see and how
- 6:42your emotions are going to feel. As long
- 6:44as you keep in mind that coin analogy
- 6:46that I just literally told you, that's
- 6:48what's always going to make your mind
- 6:49understand that the long-term of this is
- 6:51going to add up. The small wins will add
- 6:53up and they will outweigh any of those
- 6:55losses that you occur. Now, number two
- 6:57is going to be the strategy behind this,
- 6:59okay? The strategy behind this doesn't
- 7:01mean that you could just go out and pick
- 7:03any minus 300 favorite and it's going to
- 7:05work, all right? So, what we're going to
- 7:07cancel out here is going to be teams,
- 7:10totals, and spreads, okay? You're going
- 7:12to cancel out those three type of bets
- 7:13cuz we're not going to do any of those.
- 7:15We're just going to focus on player
- 7:17props. Now, everybody loves betting
- 7:19money lines, totals, spreads. They love
- 7:21doing that, okay? They love betting that
- 7:23because it gives them something to
- 7:24watch. They get entertained watching
- 7:25that. And I understand that, but that's
- 7:27not where the profit is actually at. The
- 7:29profit is at player props. The reason
- 7:31why is because you're focusing on that
- 7:33one player to either do something or not
- 7:35do something. And whether they even have
- 7:37the best match-up or the worst match-up,
- 7:39that's where you look to exploit the
- 7:40player prop that's in that division. So,
- 7:42remember this on a player prop. If the
- 7:44match up against that certain player,
- 7:46remember this, match up, if the match up
- 7:48is good and it favors the player, then
- 7:50you're looking for props that are on the
- 7:52over. You're looking for over props.
- 7:54If the match up is not too good and the
- 7:56defense plays very well against that
- 7:59certain player, okay? That means that
- 8:01the match up is not good, it's bad. Then
- 8:04you're looking at the under props on
- 8:06that match up. This is a base, okay?
- 8:08That's a base of what you need to
- 8:10understand when you're looking at player
- 8:11props. If there's a good match up to
- 8:14exploit, you're looking at an over. If
- 8:16there's a bad match up to exploit,
- 8:17you're looking at an under. And this
- 8:18concept could be used across all sports,
- 8:21okay? It could be used for MLB, the NFL,
- 8:25the NBA, the NHL. It could be used for
- 8:27every single major sport for player
- 8:29props within. Now, I'm going to actually
- 8:31give you a list for every single one of
- 8:32these sports of the props that you
- 8:34should actually be looking at. Now, this
- 8:35is top secret, so if you guys made it
- 8:36this far in this video, you're really
- 8:38about to benefit from what I'm about to
- 8:40show you right here. Let's go ahead and
- 8:41start with the NBA. So, the NBA, the
- 8:42props that you should be looking at are
- 8:44going to be points, rebounds, and
- 8:47assists. Points individually, rebounds
- 8:50individually, assists individually, and
- 8:54three point shots made. Those are the
- 8:56props that you should be looking at when
- 8:57it comes to the NBA. Whether it be for
- 8:59the over or the under, depending on the
- 9:00match up. Now, let's look at the NHL.
- 9:02The NHL, what you should be looking at
- 9:04is going to be points, which means if
- 9:06they score a goal or an assist, and
- 9:09looking at shots on goal. And then on
- 9:12the other side of pretty much the match
- 9:14up there within the NHL, you'd be
- 9:16looking at saves, and that's by a
- 9:19goalie. Now, I'm really giving you guys
- 9:21the sauce on this, so you might want to
- 9:22actually write this stuff down. Let's
- 9:24get to the NFL. The NFL, what you want
- 9:26to be looking at there is going to be
- 9:27every major position. All right, so QB,
- 9:31you want to look at passing yards,
- 9:34completions, attempts. Running back, you
- 9:37want to look at rushing yards. Wide
- 9:40receivers,
- 9:41you want to look at yards, and you want
- 9:44to look at receptions. Now, let's go
- 9:46ahead and get to MLB.
- 9:49MLB, what you want to look at here is
- 9:51you want to look at pitcher strike outs,
- 9:53pitcher outs, which is how long they're
- 9:55going to pitch in the game, pitcher hits
- 9:57allowed, which I made a video on this.
- 9:59So, if you guys want that video, make
- 10:01sure you go look in the channel because
- 10:02I give you exactly how to find that prop
- 10:04right there. You also want to look at
- 10:06runs scored by a player, meaning they
- 10:08have to cross the plate, okay? That's
- 10:10one you want to focus on the under on,
- 10:11okay? You always want to focus on the
- 10:13under on runs scored by a player. Also,
- 10:15what you want to look at is hits by
- 10:16player. Under
- 10:181.5, meaning they got to get two hits in
- 10:20a game. It's hard enough to get one.
- 10:21When you find a great match up with a
- 10:22pitcher, and you can get under two hits
- 10:24in a game, that's a solid match up. Now,
- 10:27I just literally gave you guys a secret
- 10:28formula of exactly how to make at least
- 10:31$50 a day betting on sports along with
- 10:34all the strategy and the props that you
- 10:35want to look at within each individual
- 10:37sport. Now, how do you know that this
- 10:39actually works? Because where's the
- 10:41proof, right? You need proof to know if
- 10:42this actually works. Well, that's what
- 10:44I'm about to show you right now. So,
- 10:45let's go ahead and hop into my bet
- 10:46tracker so that way I can show you
- 10:47exactly what that looks like. So, let's
- 10:49take a look at the last couple months
- 10:50here for example. So, I hit a little bit
- 10:52over that 85% threshold, like I said,
- 10:54including variance. The example that I
- 10:56used in the in this video, we're going
- 10:58to say 85%, but you could possibly hit
- 10:59more than that. And the odds that I
- 11:01played were a little bit higher than
- 11:02that minus 300, but it still was able to
- 11:05work out where I still created a 12.4%
- 11:07ROI. And my unit gain, that's because I
- 11:10adjusted my unit size consistently. I
- 11:13was adjusting it according to the
- 11:14probability. So, the unit gain is not
- 11:16exactly correct. It's more or less
- 11:18probably double that. It's about like 16
- 11:20or 17 units there. But, this is how how
- 11:24it actually works. All right, look. This
- 11:25is a graph showing you the ups and downs
- 11:27throughout that that entire stretch.
- 11:30Like, yeah, okay. We had a couple downs
- 11:32here and there, right? But look at the
- 11:34green. This is the example that I said
- 11:36about the coin flip, right? Look at the
- 11:3785% of the time that you win compared to
- 11:40the 15% of the time that you lose, okay?
- 11:42It's not not even comparable. You're
- 11:44going to rack up money consistently over
- 11:46the long term. Now, let's go ahead and
- 11:48take a look at exactly what that looks
- 11:50like bet history wise so you guys could
- 11:52see the actual numbers here. All right,
- 11:54so you guys look, you could see when you
- 11:56lose one bet, yeah, it takes up a decent
- 11:59amount of money, right? But then when
- 12:00you go on streaks, it you get all of it
- 12:02back, okay? You end up raking all this
- 12:04money back whenever you take one loss.
- 12:07And over the long term, this
- 12:09continuously just adds up and adds up.
- 12:11And next thing you know, you're at a
- 12:13profit just like what I just showed you
- 12:15as the total amount of money being made.
- 12:17So, this right here is successful sports
- 12:20betting. Everything else that everybody
- 12:21else shows you, they don't even have a
- 12:23tracker to prove it. So, there's no
- 12:25reason to even pay attention to most of
- 12:26the stuff that most of the garbage that
- 12:28is preached throughout the sports
- 12:29betting industry. All right? Unless
- 12:31somebody's going to pop up a tracker and
- 12:33show you day by day exactly what it
- 12:35looks like and if it works, then guess
- 12:38what? They don't have a strategy. It's
- 12:39that simple. But just like I showed you
- 12:41guys there, that's the easiest way to
- 12:44show you the proof behind what it is
- 12:46that I teach because if you can see that
- 12:49I track every single play that I put in
- 12:52and that's the results, there's no way
- 12:54anybody could tell you otherwise because
- 12:56this is tracked every single day. Now,
- 13:00if you want access to all those plays
- 13:01that I just showed you there where I
- 13:02send them to you every single day, make
- 13:04sure you guys click the link in the
- 13:06description because I also show you not
- 13:08just those plays, but I show you every
- 13:09single strategy that I know, that I use
- 13:12day in and day out through every single
- 13:14major sport. So, make sure you guys
- 13:15click the link in the description if you
- 13:17guys want that. As always, I'm Frank
- 13:19LaManna Sports. I'll see you guys in the
- 13:21next video. Till then, I'm out.
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