I Taught a Sports Betting Class at Stanford (The Math They Don’t Tell You)
Video Overview & Insights
Instagram (@AlexMonahan) - https://www.instagram.com/alexmonahan/?hl=en - I post a lot of startup tips on there
Instagram (@AlexMonahan) - https://www.instagram.com/alexmonahan/?hl=en - I post a lot of startup tips on there
Twitter: https://x.com/Amonahan
Twitter: https://x.com/Amonahan
I taught a class at Stanford on the math behind gambling and sports betting… and most people think about it completely wrong.
The Odds are Not in Your Favor!!!!! Very Simple Folks, Not to even Mention the FIXING Scams that were there and still happen.... ie. betting numbers may ring a bell say 2018, moving off players etc.... 😉
In this lecture, I break down:
• How the sports betting industry actually works
Omfg, say the word like one more time private, say it one more god dayum time!
• The rise of prediction markets
• The math behind profitable betting
So like uhh like.. I could never listen to a professor who talks like a nervous valley girl.
• Strategies like arbitrage & +EV betting
This isn’t gambling. It’s math, probability, and decision-making.
I don't think you touched on how Books will stick on number to play against the public. Of course the lines do move, but they'd rather not. They will let themselves get overloaded on sides so their bettors can't extract value from the market action. They want to keep that value for themselves. Kalshi and prediction markets are straight exchanges so the users can extract value from the market action on those platforms.
If you understand the numbers, you can find real edges.
#sportsbetting #gambling #arbitrage #evbetting #math #stanford #predictionmarkets #bettingstrategy #odds #sportsbike
this guy def smokes that ganja
More User Perspectives
ALEX: People who say they don’t understand this because you were everywhere, can’t keep up…your above average.. great job..I’m still watching the video, I want to be an intern
@krishendricks4340Probably the single worst sportsbetting video I have ever watched. A complete waste of time.
@charliesmusic270SERIOUSLY, SHOULDN'T YOU HAVE KICKED OFF WITH A FULL BREAK DOWN AND EXPLANATION OF WHAT EV IS AND HOW THE KNOWLEDGE IS PUT TO GOOD USE. THEN EMPHASIZE HOW BOOKMAKERS LOVE DEGENERATE GAMBLERS. INTERNATIONAL HORSE RACES HAVE THE BEST ARBITRAGE OPORTUNITIES I HAVE EVER SEEN. YOU NEED TO DO THE WORK THOUGH AND SET UP MULTIPLE INTERNATIONAL BETTING ACCOUNTS. DO YOU KNOW OF BILL BENTER ? IF THAT STORY IS TOO OLD FOR YOU I RECOMMEND DOING A YOUTUBE SEARCH AND WATCHING A COUPLE OF HISTORICAL ACCOUNTS OF HIS JOURNEY. CHEERS. I AM LUKE, EX PROFESSIONAL POKER PLAYER, RETIRED DUE TO SERIOUS STROKE.
@23audienceThat's the real point: the few guys that had won truckloads of money betting on sports, doing big bets that any sports book would accept, did it betting with bookmakers not on sports books of online bets.
@renzonogueiramargotto3141Getting good at sports is best achieved by knowing the sport as best you can. Follow the teams, coaches, players etc. It helps to love it. Then play your decisions. That's the beginning. Strategies are learned from experience, trial and error. Also don't use other people's picks, study think, write down ideas and your reasoning. Eventually you will master it.
@PatrickONeill-u7vyou know like you know me no know like yeah
@lucatoni98Advice? Stop saying "like" every 2nd or third word !
@gscop1683Check out Suubi beddings and curtains in Kampala
@dontimoobadiahgenggeng8253Traders and stock brokers all gamble in business. Found that out on a course I took from Forbes. 💯
@bigkongggSports betting is real, you can make money. But if we all made miney there will be no money to make!!!
@20dubentertainmentI had to like shut it off after all the like.
@Rick-t6qstop saying "like" every 5 seconds, you sound like a 13-year old girl.
@houstonflyClasses are good, BUT, Owning your Own Sports Predictions Platform, HERR
@BeTheBookieI can't believe this guy and others like him gets paid 300k/year.
I cannot understand what value this guy brings to a company (a value that is worth more than 300k/yr), feel free to explain me.
Arbs are done on purpose. The first 70% who bet win very small amount. The last 30% lose who didnt arb in time and only made a one sided bet 🤣
@heatncoolSheesh they let you in on stanford 😂
@heatncoolhis vocabulary is pretty lacking for a guy who taught at stanford
@alivstyson1864An entire generation infected with the "like" virus, is this curable?
@Mezzanine5Love how you took feedback from others on how to improve your lecture going forward. This is definitely a topic that needs way more attention, especially if they're going to start incorporating the odds/lines during the news, sports recap shows, etc.
@booyakabambataYou can't say degenerate-that's our word🎰🚬🥴💸
@ParlayCardHalf an hour into the video and I still haven't learned anything worthwhile.
@danielesbordone1871My number one critique is not using the erasers that are SITTING ON THR BOARD! 🤦♂️🤯😭👀
@signsfromheloUniversity giving betting class 😂?
@HimanshuSingh-uj4dwJust turned 20 college student into degenerate gamblers😂
@lilsho815Like do they teach like grammar and speaking at like Stanford ? It's like a pretty likable school !
@shannonkimmons3097TRY MEDIAN ABSOLUTE DEVIATIONS
@DADDYandMELLIEJust play gap, dont do anything else
@NobiDuyVoit would be same as giving lecture how to play in nba for 50 year old grandpas short people and mixed audience, for some is not just meant to be, some people have strong banks Expertise and most important of all - insider info so its quite simple to make living from sports betting that way, Someone without knowledge bank or insider if atleast one is missing they are losing 100 percent of the time and that 99 percent is crap number its actually 100 percent people are losing and overal - even if 1 percent are winners thats also extremely terrible number 10 winners and 990 losers Like worst possible investment of all time
@Bensway7Can I ask you, how many jobs have you had, you
Seemed to mention at least 6 ??
This is the part people skip because it feels less exciting than picks. The useful lesson is that you do not need to predict everything. You need a number that is better than the real probability often enough to overcome the vig.
@ZekeBets20 minutes in and youve said absolutely nothing.... wtf is this..... heaving breathing scatter brain no info....
@1TDiscipL2LHoly just yapping.....
@1TDiscipL2L2:35 the marker sound is louder than students talking. 2:59 dude I’m out. I really like listening to classes LIKE this; but I LIKE to listen to information not play with a loud marker. I actually like could not follow what was being said, because like, I focused one; you know, like you know sweet.
@thomashenshallhydraxisnot me
@willieluncheonette5843The books buy the same data feeds that oddsjam sells. That's why you get limited on the 5th bet you make on your new account. If you make multiple accounts or have beard accounts, they can hold your money and not let you cash out while they investigate. This guy knows this but sells arb products anyways and stands up in a college classroom acting like he's broken some 1000+ year old equation. Also, not sure you can make money using devig/arbing if you can only itemize 90% of losses on your taxes. Beating the books is certainly mathematically possible, however, you will get banned asap and people still doing this may have a massive tax bill for 2026. Do your own research.
@easyfnmoneyThe fact that you say "LIKE" every 20 seconds diminishes and intelligence you claim to have unfortunately erodes the value of this information. Learn to speak properly.
@joebupkissGrabs eraser and still uses hand. lol
@scottl4124Dude said "like" more than a million of time in an hour.
@salakoabdullah2610Boring as hell ❤
@BranstonChurchiLHow easy is it to get a gig at Stanford? What course was this a part of?
@amyorissaThis dude sounds like a scammer
@DanielSong39so... Gambling used to be bad to me until I found out MIT dudes could extract money from dumb people - now it is useful and good! lmao
@kptrzk9398great job Alex. Keep Going!
@mcxsh