In this video, we take a look at the math behind a new type of sports betting that’s risen in popularity. Sportsbooks like PrizePicks and Underdog allow players to take the over or under on a given player’s in-game performance.
We’ll break down the math behind your odds of winning, how much these apps are taking as their house edge, and what your win rate needs to be to beat this edge.
We then test out a strategy to find positive EV bets, and track their performance over time.
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DISCLAIMER: This video is intended for entertainment purposes only. You should not take this video as a suggestion to perform any financial action. I am not a financial advisor and you should not take anything in this video as financial advice. You must be 21+ to gamble on sportsbooks shown in this video.