Do not index
Do not index
The holiday season is upon us. Some might sit back and relax... but not us, there are simply too many softs to beat for that!
Weekly Dropping Odds Strategy Results [11.28.2024 - 12.05.2024]
Today, we'll look at:
- 3 Tactics to (sensible) increase turnover
- 📚 World-renowned betting Expert Joseph Buchdahl on CLV
This, and more, in just 5 minutes to read.
Increasing turnover can boost profits, but optimization trumps maximization. Here's why: A bettor making $250 from $5,000 turnover at 5% expected value outperforms someone making $200 from $10,000 at 2% EV. Higher turnover isn't always better if it comes at the cost of edge.
Three key ways to sensibly increase your turnover:
- Diversify Your Alerts: Create configurations for multiple sports and markets. The dropping odds strategy works across all sports—don't limit yourself to just one or two.
- Multi-Book Strategy: More sportsbook accounts mean more opportunities. Different books react at different speeds—when one adjusts, others might still offer value.
- Bet Closer to Match Start: Betting closer to start time frees up capital faster. A 5% EV bet settling in 2 hours beats waiting 3 days for the same edge.Want to master turnover optimization? Learn 6 detailed tactics, (the 3 above + 3 extra) → Here.
📚 World-Renowned Betting Expert Joseph Buchdahl on CLV
This week, we're excited to share Joseph Buchdahl's latest analysis examining Closing Line Value (CLV) and its significance for value bettors.
Some key insights from his research:
- In a study of 952 POD-identified value bets, 756 saw price shortening or no movement by closing, with an average shortening of 3.94%
- It would have taken only 65 bets to prove these movements weren't random chance
- CLV is detectable with far fewer bets than traditional profit/loss metrics (~50 bets vs thousands)
- His own Wisdom of the Crowd system saw actual profits (3.4%) track closely with expected CLV (4.0%) across nearly 20,000 bets
Perhaps most notably, Buchdahl's analysis provides independent validation of the POD approach: "The kind of 'line-shopping' methodology utilized by Pinnacle Odds Dropper...will most certainly reveal itself in the closing line value. And so long as you see it, you can be confident that these services will remain as robust and reliable as they were when first introduced."
Want to dive deeper into CLV? Read Joseph's full analysis here ➡️ Closing Line Value (CLV) Demystified by Expert Joseph Buchdahl
In The News
🇺🇸 Robinhood CEO Says Company Considering Moving into Sports Betting -> Read
🇨🇦 PandaScore and Bet99 partner for esports betting in Ontario-> Read
🇬🇧 UK Racing: Betting deficit of £3bn is clear evidence of threat of affordability checks -> Read
See you next time!
That's it for today on The Steam Report ♨️!
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Author: dylan@pinnacleoddsdropper.com
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