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Categories Betting 101

How to Be a Profitable Sports Bettor: Portfolio EV Turned This User’s Betting Year Around

Updated January 7, 2025 | 11:12 am CDT by Sam Smith
How to Be a Profitable Sports Bettor: Portfolio EV Turned User's Year Around

Have you been trying out different +EV betting tools, shopping products hither and thither only to wind up in the negative with your sports betting time and again? Well, as one of our users discovered in late 2024, there is one betting tool that offers everything you need to finally be a profitable sports bettor: Portfolio EV. This user turned their whole year around with just a few weeks of Portfolio EV betting, and now they’re up over 100 units! Ready to find out how to be a profitable sports bettor? Let’s dive in.

How to Be a Profitable Sports Bettor: +EV Betting Tools

Karl Smith had been exploring various sports betting communities for a while, bouncing from Discord to Discord, in search of the right mix of tools, strategy and expert picks. His journey finally led him to OddsShopper, where he discovered the power of Portfolio EV. Here’s how Portfolio EV transformed his bankroll within a month.

A New Start with Portfolio EV

On Oct. 15, Karl joined OddsShopper through an email promo code. Having already experienced ups and downs in the sports betting world, he approached OddsShopper with cautious optimism.

As he began placing bets through Portfolio EV, which helps identify high expected value (+EV) bets, he noticed promising results.

In his first week alone, he had only one red day (aka losing day). Convinced by the early returns, he decided to invest further.

Encouraged by his initial results, Karl took a bold step on Oct. 23 by increasing his bankroll in the app to 25% of his actual bankroll. This commitment to Portfolio EV’s strategy quickly paid off, as he saw consistent profits rolling in. By Oct. 25, even after losing a $1,000 risk-free bet on ESPN BET, Portfolio EV still had him up $900.

The consistency of wins and losses highlighted the effectiveness of Portfolio EV in managing variance — an essential part of successful betting. By helping Karl stay in the green despite a significant loss, OddsShopper demonstrated the advantage of a data-driven, long-term approach to +EV betting.

At the start of October, Karl was down about $2,000. Yet by the end of the month, he was up over $4,000 in profit. With over 1,400 wagers logged in his record, Karl’s betting became more consistent as he leveraged Portfolio EV for NBA, NFL and NHL.

Growing Profits Across Multiple Books

Karl’s wagers were spread across FanDuel, DraftKings, Caesars, BetMGM and Fliff, all platforms where Portfolio EV is integrated. Working with a $6,000 bankroll, Portfolio EV helped him allocate his wager sizes precisely, maximizing his profitability without overexposing him to high-risk bets.

In just 28 days, Karl gained 113 units, showcasing how Portfolio EV can transform a betting strategy. The consistency and efficient bankroll management built into Portfolio EV helped Karl every step of the way in his record-breaking month.

A Winning Formula with Portfolio EV Sports Betting Tools

Karl Smith’s experience is a real-world example of what Portfolio EV can do to grow your bankroll. By consistently identifying +EV bets, minimizing variance and allocating bankroll effectively, Karl found a path to profitability — turning a $2,000 loss into a $4,000 profit within one month.

For bettors like Karl, who are looking for reliable tools and clear data, Portfolio EV offers a roadmap to sustainable growth in sports betting.

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Sam Smith

Author

Sam Smith

Sam Smith is a writer and editor with Stokastic and OddsShopper. He has been immersed in the world of professional sports data since 2015 while also writing extensively on the NFL for a multitude of blogs and websites. With OddsShopper, Sam looks to blend his sports and editorial expertise with OddsShopper's data to bring you the best betting information possible.

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