Betting Strategies: Proven Approaches to Smarter Sports Wagering

The best betting strategies are built on math, not hunches. Here's how to approach sports betting with a winning framework.

By

Eric Pauly

Feb 6, 2026

0 min read

Why Betting Strategies Matter

Most sports bettors lose money. The sportsbooks have a built-in edge through the vig, and casual bettors compound that disadvantage with emotional decisions, poor bankroll management, and a lack of structure. Betting strategies exist to flip the script. A good strategy doesn't guarantee you'll win every bet, but it does ensure that every bet you place has a logical foundation and that you're making decisions that favor long-term profitability over short-term thrills.

The strategies that actually work in sports betting share one thing in common: they're grounded in math. Whether you're finding positive expected value, exploiting arbitrage opportunities, or simply shopping for the best line, the approach is systematic rather than intuitive. In 2025, using tools, I had one of my best betting seasons and spent less time on research than the year before because I let the math do the heavy lifting. This guide covers the core betting strategies that serious bettors use, explains how each one works, and points you toward the tools that make them practical.

article Summary

Profitable betting strategies are built on math: positive expected value (+EV), arbitrage, line shopping, and disciplined bankroll management. Recreational bettors lose because they bet on feel instead of edge. The best strategies use data to identify where the sportsbook's odds are wrong, then bet those spots consistently over time.

Positive Expected Value (+EV) Betting

What Is Expected Value?

Expected value measures the average profit or loss you can expect from a bet over many repetitions. A positive expected value (+EV) bet is one where the odds offered are better than the true probability of the outcome. If a team has a 55% chance of winning but the odds imply only a 50% chance, that's a +EV opportunity. You won't win every +EV bet, but over thousands of bets, the math works in your favor.

How to Find +EV Bets

Finding +EV bets requires comparing the sportsbook's odds to a "true" probability derived from sharp lines or your own models. The simplest approach uses sharp sportsbooks like Pinnacle as a benchmark. If Pinnacle has a team at -150 and your recreational book has them at -130, the -130 is likely +EV because it offers better odds than the sharpest market. Tools like OddsJam and Outlier automate this comparison, flagging +EV opportunities across hundreds of markets daily.

The Long-Term Mindset

EV betting is a volume game. A single +EV bet might lose. A week of +EV bets might end negative. But over months and thousands of wagers, the positive expectation shows up in your results. If I bet something at +120 and it closes at -120, even if it loses, I made a great +EV bet. Judging your betting by process rather than outcomes is the mindset shift that separates recreational bettors from serious ones. Our EV betting guide goes deeper into the math and applications.

Arbitrage Betting

What Is Arbitrage?

Arbitrage betting exploits pricing differences between sportsbooks to guarantee profit regardless of the outcome. If Book A has Team X at +150 and Book B has Team Y at -130, you can bet both sides at amounts that lock in a profit no matter who wins. This is possible because sportsbooks don't always agree on probabilities, especially in less efficient markets or when lines move at different speeds.

Finding Arbitrage Opportunities

Manual arbitrage hunting is impractical because it requires constantly comparing odds across dozens of sportsbooks. Tools with arbitrage features scan the market in real time and surface opportunities as they appear. Bookie Beats specializes in fast live arbitrage, while Pick The Odds offers comprehensive arb screening alongside its odds comparison features.

The Reality of Arbitrage

Arbitrage opportunities are typically small (1-3% profit per bet) and disappear quickly as books adjust their lines. You also need accounts at multiple sportsbooks with sufficient bankroll in each. Sportsbooks don't love arb bettors and may limit your accounts if you're flagged for consistent arb activity. Despite these challenges, arbitrage is a low-risk way to grow your bankroll, especially when you're starting out and building volume.

Line Shopping

Why Line Shopping Works

Different sportsbooks offer different odds on the same event. One book might have a spread at -3 while another has -2.5. One might offer a moneyline at +145 while another has +155. Over time, consistently getting the best number on every bet adds up to significant edge. My results improved dramatically when I shifted from betting at one sportsbook to actively shopping across ten. It takes an extra 30 seconds per bet and has a measurable impact on long-term ROI.

How to Shop Lines Efficiently

Checking each sportsbook manually is time-consuming. Line shopping apps display odds from 40+ books side by side, letting you find the best number instantly. This is the lowest-effort, highest-impact improvement most bettors can make. Even if you don't use any other strategy, shopping lines puts you ahead of bettors who just take whatever number their favorite app shows them.

The Value of Half Points

In football, getting a spread at -6.5 instead of -7 can be worth 3-4% to your expected value because of how often games land on the key number of 7. That half point translates directly to dollars over a season of betting. In basketball, the impact is smaller because margins are more distributed, but it still matters. Never ignore the value of shopping for a better number.

Bankroll Management

Why It's Non-Negotiable

Even the best betting strategy fails without proper bankroll management. If you bet too much of your bankroll on individual wagers, a normal losing streak can wipe you out before your edge has time to play out. Variance is real. I've had stretches where I went 3-12 on +EV bets and still came out ahead the following month because the math works over volume. But that only happens if you survive the downswings.

Flat Betting and Unit Sizing

The simplest bankroll approach is flat betting: risking the same amount (often 1-2% of your bankroll) on every wager. This protects you from over-leveraging on any single bet. Some bettors use variable sizing based on confidence or edge, but this adds complexity and room for emotional decision-making. Starting with flat betting builds discipline. Our bankroll management guide covers sizing in more detail.

Tracking and Adjusting

Your bankroll will fluctuate. Tracking your results helps you know when to adjust your unit size (typically when your bankroll increases or decreases by 25%+). Bet tracking apps automate this process and give you visibility into which strategies are working and which aren't. Without tracking, you're betting blind.

Final Thoughts

The way to win at sports betting is to beat the closing price and to bet the best price. That's it. Every strategy in this guide serves that goal. +EV betting ensures you're on the right side of probability. Arbitrage removes variance entirely for guaranteed profit. Line shopping squeezes extra value from every bet. Bankroll management keeps you in the game long enough for the math to work.

None of these strategies require special knowledge or insider information. They require discipline, the right tools, and a willingness to treat betting as a process rather than a hobby. Start with line shopping because it's the easiest to implement. Add +EV betting as you learn to identify edge. Use arbitrage to build your bankroll with low risk. And always, always manage your money. The strategies work. The question is whether you'll work them.

Betting Strategies FAQ

Here are some frequently asked questions about betting strategies.

Here are some frequently asked questions about betting strategies.

What is the best betting strategy for beginners?

What is the best betting strategy for beginners?

What is +EV betting?

What is +EV betting?

How much of my bankroll should I bet on each wager?

How much of my bankroll should I bet on each wager?

Eric Pauly author picture

Eric Pauly

Co-Founder & COO

Eric Pauly is the co-founder and Chief Operating Officer of BetSmart - The Sports Betting Tool Authority. After working as a sports journalist and a semi-pro bettor for half a decade, Eric leverages his knowledge of betting and technology to review different betting tools and platforms.

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Eric Pauly author picture

Eric Pauly

Co-Founder & COO

Eric Pauly is the co-founder and Chief Operating Officer of BetSmart - The Sports Betting Tool Authority. After working as a sports journalist and a semi-pro bettor for half a decade, Eric leverages his knowledge of betting and technology to review different betting tools and platforms.

NFL

NBA

CFB

MLB

TOOL REVIEWS

BETTING PLATFORM REVIEWS

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Expert reviews & comparisons of 40+ sports betting tools that help you find your edge & bet smarter.

21+. Please play responsibly. For support with a gambling addiction, call 1-800-GAMBLER.

© 2026 BetSmart. All rights reserved

Expert reviews & comparisons of 40+ sports betting tools that help you find your edge & bet smarter.

21+. Please play responsibly. For support with a gambling addiction, call 1-800-GAMBLER.

© 2026 BetSmart. All rights reserved