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The James Altucher Show

How To Make the Best Sports Bets | David Beaudoin (aka Professor MJ)

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 25 November 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

Meet David Beaudoin, aka "Professor MJ," a wizard in the world of sports betting who's been turning the odds in his favor for over two decades! With a background in stock market analysis, he's mastered the art of statistical forecasting, ensuring he never hits a losing streak.

Transcript

Click on a timestamp to play from that location

0:00.0

20 years ago I used to make a living by statistically analyzing the behavior of stocks,

0:14.4

and then I would make a trade

0:16.1

when my statistics would show

0:18.7

I would have a certain advantage

0:20.0

in different types of trades.

0:21.6

And the system worked for a really long time

0:24.2

and eventually I created a career out of this.

0:27.3

Well, imagine if you could do things like this

0:30.7

with sports, which is a much more inefficient market, if you want to call it a

0:35.9

sports betting market.

0:38.0

And you want to know how I know you can do this is David Bedoyne has been doing this for 20 years using statistics

0:45.8

to analyze sports bets and he's never had a losing year he recently or

0:51.8

several years ago he quit his job and does this full time now and he also shares his picks

0:56.7

So here's how he does it and here's how his life has changed by doing it. average host. This is the James Altzer Show.

1:13.2

David, how do you say your name? Bo Duane? Yes, David, Bo Duane, I know it's hard to pronounce in English.

1:30.0

Bo Duane, yeah. You're from Quebec? Yes, exactly. So how did you get into sports betting?

1:38.5

I got started in 1999 when I my uncle told me about those brand new online sports books and I was like, oh, let me check that.

1:50.0

And then I realized something that really changed my life.

1:54.0

And that is that the odds between the different sports books were so different

2:00.0

that there were many arbitrage opportunities. An arbitrage opportunity means that if team A is playing team B,

2:10.0

you could potentially bet both teams in two different sports books and lock yourself a guaranteed profit

2:17.6

no matter which team wins the game.

...

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