This video explains a strategy for consistently making $100 per day from sports betting with a $1,000 bankroll. The presenter, Alex Monahan, emphasizes a data-driven approach, focusing on arbitrage betting and sportsbook promotions rather than "locks of the day" or hype. He details how to leverage these methods to generate risk-free profit and build a bankroll, making sports betting a viable side hustle.
Here is the transcript for the video "How to Make $100/Day Sports Betting with a $1,000 Bankroll (No BS)":
When I started sports betting about 6 years ago, I had the goal of making $100 per day sports betting. $100 in profit a day sports betting. That's $3,000 every month. That was my goal. I wanted to do sports betting as a side hustle. Some people consider things like dropshipping, all these other side hustles. My goal was really simple. I want to add 3,000 in income every single month. And the point of this video is to break down how you can easily, anybody can do this. Granted, you need a little bit of a bankroll, but I truly do believe if you have a bankroll of at least $1,000, you should be able to make $100 profit sports betting every single day. And I'm going to show you how. So, obviously, at this point, I've really built my bankroll. I've made over $700,000 sports betting. I give out basically all of my plays, my bets 100% for free on social media, Twitter, YouTube, Twitch, live stream. So, at this point, I'm hoping personally to make more than $100 per day. However, I do believe if you take the low hanging fruit, the easy money from the sports books, anybody can make $100 per day profit. And that's what I'm going to explain to you. Now, the first thing I want to make really clear is you are going to need multiple sports books. As a sports better, all books set their own prices. So, I'll give you a really simple example is if you wanted to bet on SGA Shay over 10 12 rebounds plus assists on Fliff, you could get this at plus 105 odds. Really good value. You're betting 100 to profit 105. If you look at every other sports book like Caesars, they had this around minus 150 minus 130 on FanDuel. So it's critical to use multiple books as a sports better because the market is so fragmented or inefficient with every sports book setting their own unique prices. All these books want to be unique. So you're going to need multiple sports books. I mean my results would not be possible if I used only one book. I mean, you can see I've used dozens of sports books. My top sports book of all time is WinBet, which unfortunately is now out of business. I probably drove them out of business. I made over $200,000 on WinBet, but there's a bunch of other books that I use and I'm profitable on. And the strategies that you want to use to make money vary from book to book. However, if you want to make $100 per day sports betting, you are going to need multiple sports books. This is not going to be possible with just one book. I'm not going to show you in this video, hey, here's how you find the lock of the day and just make $100. That's not how this works, right? I'm talking about about sharp data driven sports betting in this video. So, you're going to need multiple books. Now, before we get into the next part of the video, the strategies that you can use even with a low bankroll to make a $100 per day, a couple things I wanted to mention. If you don't have an $1,000 bankroll, what is my recommendation? I know it's a little controversial, but probably save up more money, right? If you're like, "Yo, I got 10 bucks. How do I make $100 per day? How do I 10x my money every single day?" I hate to be the the bad news bearer, but the truth is anyone who tells you you can do that is lying. So, if you have $300, $400, I don't know, get a side hustle, get a part-time job, I don't know, figure out how to get $1,000 to start to take your sports betting seriously. You can still spend time sports betting. You can try different strategies, track your bets, track your ROI. You can spend time watching YouTube videos, learning about sharp strategies like arbitrage and positive EV, which I've done YouTube videos on. But personally, I didn't want to start sports betting in hindsight, which was the right decision, until I had $5,000. Granted, again, you can start earlier. You can start with just a,000 bucks. That's fine. Um, but my personal recommendation is get at least an $1,000 bankroll, $1,000 of capital that you can deploy into different sports books. But without further ado, let's get into the first strategy. This is critical and again you are going to need multiple sports books. But the first thing you should be doing every single day especially with a low bankroll is taking advantage of sportsbook promos. Okay? So there's hundreds of sports books. I'm in Virginia which Virginia personally is a great state for sports betting. You know there's tons of online sports books that are legal. Basically every state in the US though there's at least 10 sports books or fantasy books that you can use. Prize picks, FanDuel, whatever. So you won't have all, unless you live in Virginia, you won't have all the exact same books available to you. But it doesn't matter. I still truly believe it's possible every single day to make $50 in a very low risk way off of sportsbook promos. Okay, so all of these sports books, FanDuel, DraftKings, Fliff, Prize Picks, Underdog Fantasy, they're all in ruthless competition for customers, right? What are you doing as a sports book? You're trying to get new customers, right? So, it's a very competitive market, especially in the US where hundreds of books have launched. I mean, there are well over a 100 sports books, dozens of DFS apps in the US. So, all these books need to compete. They need to market themselves and attract new customers. So the main way that sports books try to do this is they run promos, right? They try to get you in the door and keep you coming back. So what I would do when I had a smaller bankroll and started sports betting is every single day I would get home from work. I would open up the 15 sports books I had at the time I was living in Pennsylvania and I would go through each book and look for the no-brainer profitable promos. So, an example is this on flip. This is literally literally a free $10 bill. That was the max bet size they had for this particular promo. Shaun Ali to land any strike at plus 100. One punch. He's a UFC fighter. His line was set for this fight around 90. Obviously, this is free money. The sports book is using this promo as a loss leader to get you in the door. So, obviously, I bet this and it's a risk-free $10. Now, not all these promos are risk-free or as profitable, but I'll give you another example is on Sleeper. A lot of times they run protected picks for 25 bucks, 30 bucks. The number varies, but this is a risk-free $25. They're giving you 25 bucks and saying, "Hey, go play whatever you want. It's a free $25. If you lose, we give you your money back. If you win, you keep the profits." So, this is a free $25. Not all the promos are this lucrative, but there's at least $50 that I can make very easily off of promos, insured bets, risk-free bets, profit boosts. So, the first thing you should be doing, especially with a low bank roll, I still do this if you've tuned in to any of my sports betting live streams, you'll notice every single live stream, one of the first things I do is I go through all the books, all the main popular books people want plays for, and I look for the easy money, right? You want to take the easy money. There's so many people who don't take advantage of these $25 risk-free bets. If you lose, you literally get your money back. That's a free $25. That is the first thing you should be betting in a given day are these no-brainer promos because your ROI on them, my ROI on promos that I bet varying from very lucrative promos, free money promos like this, you know, Shauna Ali promo on flip, it's literally a free $10 bill. Not all promos are that profitable like prize picks taco Tuesday. But my ROI just playing promos, profit boost, stuff like that on FanDuel, DraftKings insured bets, DraftKings usually has a no sweat home run bet. You place a bet, if you lose, you get your money back. There is very easily $50 you can make. My ROI on promos that I play is well over 35%. Now, you may say, "Well, if that's the case, why can't I start making, you know, $50 a day sports betting just off of promos?" And you can, don't get me wrong, but the reason I always recommend that people have at least $1,000 when they sign up for sports books is a lot of these online sports books have lucrative signup bonuses. So, for example, Bet Rivers is a sports book. It's, you know, available in Virginia. They have a $250 deposit match. So basically, whatever you deposit, your first deposit, $0, that's a horrible example. Five bucks, 10 bucks, whatever, they're going to double it up to $250. So if you put in 500, they're not going to double it. They're only going to give you $250. It's a max of 250. But obviously, if you sign up for Bet Rivers and you only have a hundred bucks, you're only going to make $100. They're going to double it. So you put in 100, you now have 200. But you want to sign up for Bet Rivers and have your first deposit be 250 bucks. You don't want to put in 100 bucks. You want to put in 250. That's the easiest $250 you'll make in your life is signing up for Bet Rivers and taking advantage of the $250 deposit match. So again, literally with $200, $250, something like that, just a couple hundred, you should be able to make $50 per day in a very low risk way off of sportsbook daily promotions, right? DraftKings, FanDuel, Sleeper, prize picks, almost a day. There's not a day that goes by where these books aren't running promos, and most of the promos, a lot of them are very lucrative. Some aren't, but most of them are. So, if you're grinding and checking every sports book, you very easily are going to be able to make $50 per day off of sportsbook promos on average, 350 bucks per week. I truly do believe that. Now, this does take time, right? Like, it's not like this money just falls out of the sky. You have to put in the work every single day to check all of the sports book promos in your state, determine which ones are profitable. Again, you can also tune in to my live streams. I'm Alex Monahan on Twitch where I cover a lot of this stuff. But long story short, you got another 50 bucks to make. What should you do? And the answer is very simple. You should do arbitrage betting. Arbitrage makes you risk-free profit. So, you have another 800 750 bucks to play with. That should be put into arbitrage betting. You'll see tons of reviews of arbitrage betting on social media. It is a super sharp, profitable strategy. It's how I started sports betting. How I made my first $40,000 aside from promos. How I made my first $40,000 sports betting in a risk-free way. So, I started with five grand. And I used promos, which I just explained, and arbitrage betting, which I'm going to explain, to make $40,000 in about 3 months. So, you absolutely absolutely can make money arbitrage betting in a risk-free way. I'll show you how to do it. And the reason I recommend arbitrage as opposed to other strategies is it's risk-free. Right? If your bankroll is a,000 bucks, 2,000 bucks, 3,000 bucks, you're not going to want to take big risks, right? You're not going to want to put $500 on a straight bet if your bankroll is a,000 bucks. Which is why, again, I recommend arbitrage. Start to build up your bankroll. You'll also get confidence that yes, you can beat the sports books, win long-term, and make serious profits. So, what is arbitrage betting? Let's kind of go through that. So, arbitrage betting is a very simple strategy. It is when two sports books have such different odds because all books set their own odds that you can bet equal and opposite outcomes. In this example, it's SGA over 10 1/2 and under 10 1/2. You can literally, you're taking the risk out of betting. You're betting the over on one book, the under on a different book when two books have very different odds to guarantee a profit. Odds Jam has an arbitrage tool that you can use. And again, arbitrage is rare, but you have to remember every sports book has tens of thousands of lines up at any given moment. As an arbitrage better, you're saying, "Okay, I want to zone in on the 0.1.02%." You know, it will vary the very rare spots where two books have such different prices that I can bet the over on one, the under on another, day trade the books to make a profit. So, in this example, you can see Caesars and Flip are way different, right? Flip has SGA's over at plus 105. Caesars is super different at - 151. But let's just simplify the math. You're getting plus money on his over and his under. So if you bet $200 total, $100 on his over on flip at plus 105, $100 on his under at plus 110 on Caesars, one of those bets will always win, one will lose. So if SGA goes over, you're going to lose $100 on Caesars. On flip, you bet is over at plus 105, you're going to make 105 bucks. So you just made $5 in profit, right? On the other hand, if he goes under, you lose $100 on flip where you bet is over. You win 110 on Caesars. So, you're up $10 profit. Doesn't matter what happens. You're taking the risk out of gambling. You don't even need to watch the game. You're making $5 or $10 completely risk-free. And the second the game ends and your bets settle, you get the money back in your account. So, what you can do, right, because you may be like, well, how do I make $50 per day if deploying $200 in this example only made me five or 10 bucks risk-free? Is what you can do is initially place arbitrage bets on the early slate of games. So, if you think about the MLB or the NBA, you know, usually there's games that start at seven and there's games that start at 10. So, what you can do is you can deploy capital once the Thunder game ends. This game was starting at 12:30 in this example. Once the game ends at 3:30, you get your money back. You're either going to be up 5 or $10. And then you can deploy that money on another arbitrage bet, right? On another arbitrage bet on a later game. So, arbitrage betting again, even if you don't do it long term, I'm not saying it's fun, it's boring, you're day trading books to make risk-free profits. It's not you're sweating a big parlay. But as your bankroll grows and you get confidence that dang, these sports books are pretty beatable. Every day I'm making $50 risk-free on them. You can start during that time to research other strategies that have higher variance like positive EV betting. So positive EV betting is higher risk, higher return. It's the main strategy I personally use nowadays. So, even in months like September of last year where I made a ton of money, in September I made over 70 grand, you're still going to see I had days where I lost 5K, right? So, like positive EV betting is kind of like investing in the stock market. There's more ups and downs, but at least historically, the stock market has returned 10 to 12%. The S&P 500, which is the main stock market index. Arbitrage betting is like investing in bonds, treasuries. They just return a risk-free 3%. Right? Like if you put $100,000 in treasuries, every year you're just going to make three grand, four grand depending on the interest rates, but you have no risk. Compared to other people who put 100 grand in the stock market and again over the course of the long run, they're going to make more money. But some years, you may lose 5K, you may gain 20K the next year, right? markets, you know, it's just higher risk, higher return. So, arbitrage betting and promos are how you can make $100 per day risk-free with an $1,000 bankroll. Ideally, you have more, but again, you don't need $100,000. If you have an $100,000 bankroll as a sports better, it really doesn't do you that much good. And the reason is, again, most of these promos have capp fixed bet sizes. Like even if you had an $100,000 bankroll on Fliff, Fliff has a max bet size of $1,000. You can't bet more, right? So sports betting markets aren't liquid enough where you can just throw down $100,000, especially on promos. Most of these promos like that sleeper protected risk-free $25 bet. It's capped at $25. Even if you had a hundred grand in your Sleeper account, that really good, highest ROI you're going to get on Sleeper in that given day is obviously the risk-free bet. It's capped at 25 bucks. But regardless, I hope you enjoyed this video. If you have any questions about Sharp, profitable plus EV sports betting, making money off the books, comment any questions. I love helping new sports betterers beat the books. But thank you so much for your
