The Mathematical Truth About Sports Betting... | Sports betting explained

👋🏻 Hey guys! In today's video, I explain how the mathematical truth behind sports betting (sportsbetting) and why you can expect to lose a lot of money. In this sports betting explained episode, I use expected value (EV) calculations to show the mathematics of betting on sports. I explain all about multi bets, bookie edge, implied odds using a betting exchange which are the foundations of any sports betting education. Then I go over a couple sports betting tips and strategies so you wont lose money in the future. Hope you guys can find it insightful but please do more research first betting before betting any of your actual money. 🏆 🏆 For those who do want to learn in depth the arbitrage and positive EV strategies I use with real practical examples to help you get started, then you can check out my 5 - part sports betting course over on my website at: AUS/NZ: https://shanehuang.com.au/course/ USA/Canada: https://arbitragecamp.com/usa-course/... Discord Group:   / discord   If you enjoy this video and want to see more about money or university life, please leave a comment down below saying what you would like to see next and any new video ideas are always appreciated! 🙋🏻♂️ Who am I? My name is Shane and I am an Australian 4th year student studying Engineering and Commerce at The University of Sydney. This channel is dedicated to studying tips, money and insights into college life. I hope you can find this useful! Enjoy! ✌️ Remember to SUBSCRIBE! See you in the next one!    / shanehuang88   ⚠️ DISCLAIMER: This video is not gambling/ investment advice - while the strategies and math I teach and the tools recommended will provide an advantage, there is still user error and luck involved when it comes to betting which can lead to losses. These videos are for educational purposes only and I am not guaranteeing any gains or losses from using the betting methods I talk about.