Sports betting isn’t just about hunches and hot streaks — it’s a game of numbers and probabilities. That’s where +EV betting portfolio.
Most bettors place wagers based on trends and/or gut feelings, but sportsbooks like +EV), which is exactly what Portfolio EV provides. Instead of treating bets as isolated plays, the tool helps you craft a comprehensive betting strategy, maximizing long-term profitability while managing risk.
Expand your bankroll and boost long-term profitability with Portfolio Betting page today!
How to Beat Caesars Sportsbook With Portfolio EV
Your first step is to configure Portfolio EV to fit your betting strategy. Head to the +EV bets, Portfolio EV allows you to fine-tune your approach even if Caesars is your only book.
Choosing the Best Bet Categories
To start, stick with the broadest parameters when selecting bet categories. Many bettors limit their options too early, missing profitable bets. Portfolio EV lets you filter bets by factors such as event timing, odds ranges, expected value and win probabilities. The OS Rating (OddsShopper’s proprietary bet quality score) is a key factor — keeping it at a minimum of 0 when you first start gives you the most potential plays before refining your strategy.
Breaking Down Portfolio EV Results
Once you’ve set your filters, Portfolio EV generates betting recommendations based on your bankroll and selected parameters. It provides data-driven insights, including historical EV and win rates, helping you determine where your money is best allocated.
Let’s say we start with a $1,000 bankroll. The tool’s is showing might reveal that while our Caesars portfolio has an overall ROI of 2.7%, certain bets are consistently negative EV. This is where we need to start making adjustments.
Refining Your Caesars Portfolio
After reviewing the portfolio, it’s time to cut out the dead weight. In this, every college basketball market except for rebounds is -EV, as are NBA points + rebounds + assists bets and several MLB markets. By filtering these out, our overall profitability improves.
Following these adjustments, our Caesars portfolio’s EV rises from 2.7% to 4.8%. While this may seem like a small increase, over time nearly doubling our ROI with these refinements is going to lead to significantly higher profits.
Fine-Tuning OS Rating and EV Filters
Optimizing OS Rating and EV settings further enhances your results. Initially, keeping these filters broad allows us to collect more data, but refining them can improve ROI. For example, setting a minimum OS Rating of 2 can eliminate lower-quality bets and boost efficiency.
However, there’s a tradeoff — raising the OS Rating increased the overall ROI to 5.9%, but it actually dropped the ROI of our college markets since there are bets in the 0 to 1 OS Rating range that were profitable. Also, the total profit of $4,177 with our $1,000 bankroll is pretty modest compared to the $6,619 we pulled when we kept the minimum OS Rating at 0.
Of course, to get that extra $2,500 in total profit, we would have needed to bet nearly twice as much. That’s the balancing act you need to figure out when you build your portfolio — total profit versus bet amount versus ROI percentage.
Saving and Managing Your Caesars Portfolio
Once you’ve fine-tuned your portfolio, save it under a name like “+EV Caesars Bets” to track results over time. Portfolio EV offers real-time notifications for new +EV bets, ensuring you never miss valuable opportunities. You can also input your bankroll details so the tool can recommend optimal bet sizes tailored to your financial strategy.
Staying Ahead With Regular Adjustments
Caesars constantly updates its odds and markets, so keeping your betting portfolio up to date is crucial. Regularly reviewing and adjusting your strategy ensures you stay ahead of shifting trends, capitalizing on new +EV bets while avoiding negative-value plays.
By systematically refining your approach with Portfolio EV, you turn sports betting into a strategic, long-term investment. Stay disciplined, keep optimizing and watch your profitability grow.
