Commonly asked questions in the world of sports betting.

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COMMON QUESTIONS

+EV betting, or Positive Expected Value betting, is a strategy in sports betting that focuses on identifying and placing bets with a higher probability of winning compared to the implied probability reflected in the odds. By consistently making +EV bets, bettors aim to generate long-term profits across a large number of bets, as the expected return is greater than the amount wagered.

truEV is a refined approach to +EV betting that takes into account the differences in player prop lines between PrizePicks and traditional bookmakers. By identifying and capitalizing on these discrepancies, bettors can maximize their chances of making profitable bets over time.

projEV, or Projected Expected Value, is a concept in sports betting that involves comparing your own projections for a player’s performance against the lines set by PrizePicks to calculate the expected value of placing a bet based on your projections. The goal is to identify instances where your projected outcomes have a higher probability of occurring compared to the implied probability reflected in the PrizePicks lines, thus resulting in potentially profitable betting opportunities.

diddEV is a refined approach to sports betting that combines the insights gained from truEV and projEV calculations to determine implied expected odds based on both sets of data. By identifying and exploiting discrepancies between truEV and projEV, bettors can enhance their chances of making profitable bets over time.

One unit is usually equal to one percent of a bankroll, though it’s not the same for everyone. For example, if your bankroll is $1,000, one unit would be $10 or 1%. In this situation, if someone puts three units on a bet, it would be a $30 bet.

A bankroll is the amount of money you have set aside for sports betting.

This is important because if you start with an initial bankroll of $1,000 and you lose it all, you should probably take a break. It’s a method to abide by so you don’t go overboard and dip into your life’s savings.

The best way to manage your bankroll is betting a certain amount of money per bet. For example, it’s wise to bet one half to one unit (or .5 to one percent of your bankroll) on every wager. That’s a helpful rule because if you start with $1,000 and bet 10 units or $100 on a slip you really like and it loses, your money could go down the drain fast.

Player prop picks refer to specific wagers or predictions made on the individual statistical performances of athletes in sports. Rather than betting on the outcome of a game, player prop bets focus on the accomplishments or actions of a particular player during a game. These wagers are based on various statistical categories, such as points scored, rebounds, assists, yards gained, or goals scored.

Player prop picks allow bettors to focus on specific player performances within a game and provide an opportunity to bet on the likelihood of a player achieving certain statistical benchmarks or outcomes. Examples of player prop picks include:

  1. Over/Under Points: Betting on whether a basketball player will score more or fewer points than a specified number set by the sportsbook.
  2. Passing Yards: Wagering on whether a football quarterback will throw for more or fewer yards than a predetermined total.
  3. Home Runs: Predicting if a baseball player will hit more or fewer home runs than a given number.
  4. Assists: Betting on whether a hockey player will have more or fewer assists than a designated number.

Player prop picks can add an extra layer of excitement and engagement to watching sports, as bettors can focus on the individual performances of specific players rather than the overall outcome of the game. These types of bets require research and analysis of player and team statistics, current form, matchups, and other relevant factors to make informed predictions.

There are several popular Daily Fantasy Sports (DFS) platforms that offer a wide range of sports and contests. Here are some of the most popular DFS platforms:

  1. DraftKings: DraftKings is one of the leading DFS platforms, offering contests for a variety of sports such as football, basketball, baseball, hockey, golf, and more. They provide a user-friendly interface, a wide range of contest types, and the ability to compete for cash prizes.
  2. FanDuel: FanDuel is another prominent DFS platform that offers contests for major sports including football, basketball, baseball, hockey, and golf. They are known for their user-friendly interface, variety of contest formats, and large prize pools.
  3. Yahoo Fantasy: Yahoo Fantasy is a well-known platform that offers both traditional season-long fantasy leagues and DFS contests. They provide DFS options for football, basketball, baseball, hockey, and golf, with various contest types and prize structures.
  4. ESPN Fantasy: ESPN offers a popular fantasy sports platform that includes both season-long leagues and DFS contests. While they are well-known for their season-long leagues, they also offer DFS contests for football, basketball, baseball, and other sports.
  5. PrizePicks: PrizePicks is a unique DFS platform that focuses on player prop picks. Rather than traditional salary-based lineups, users select over/under picks for individual player performances in various statistical categories.
  6. SuperDraft: SuperDraft is a DFS platform that offers a different approach to roster construction by assigning multipliers to players, allowing users to strategically select players with higher or lower multipliers for increased potential rewards.

It’s worth noting that the popularity of DFS platforms may vary based on factors such as geographical location, sports availability, and user preferences. Additionally, new DFS platforms may emerge over time, so it’s always good to stay updated with the latest options in the market.

Yes, there are strategies you can employ to improve your success with player prop picks. Here are some strategies to consider:
  1. Research and Analyze: Thorough research is crucial for making informed player prop picks. Dive into player and team statistics, recent performance trends, injury reports, matchup analysis, and any other relevant factors that can impact player performance.
  2. Focus on Matchups: Pay attention to the specific matchup a player is facing. Analyze factors such as opposing defenses, pitching matchups, defensive strengths and weaknesses, head-to-head history, and home/away performance. Some players may perform better or worse depending on the matchup, so consider these factors when making your picks.
  3. Understand Playing Time and Roles: Assess the playing time and roles of players within their respective teams. Identify players who receive significant playing time, are involved in crucial offensive or defensive roles, or are likely to be involved in key situations that can impact their statistical output.
  4. Follow News and Injury Updates: Stay updated on the latest news, injury reports, and lineup changes. A player’s availability, injuries to other key players on the team, or changes in team dynamics can significantly impact a player’s performance and should be factored into your picks.
  5. Utilize Advanced Stats: Consider using advanced statistics to gain deeper insights into player performance. Metrics like player efficiency ratings, true shooting percentages, advanced analytics, and matchup-specific stats can provide a more comprehensive understanding of a player’s potential output.
  6. Shop for the Best Odds and Lines: Compare the player prop odds and lines offered by different sportsbooks. Different sportsbooks may have slight variations in their lines, and finding the best odds can increase your potential returns.
  7. Bankroll Management: Practice proper bankroll management to ensure long-term success. Set budgets, avoid chasing losses, and allocate your funds wisely across multiple player prop picks to mitigate risks and maximize your potential profits.
  8. Track Your Results: Keep a record of your player prop picks and review your performance regularly. This allows you to identify successful strategies, areas for improvement, and make adjustments to your approach over time.

Remember, there is no guaranteed strategy for success in player prop picks. It requires a combination of research, analysis, and a bit of intuition. Experiment with different strategies, learn from your experiences, and continuously refine your approach to improve your chances of success.

Answer: “Book” refers to the sportsbook from which the betting line originates. When mentioned as “Daily Edge Sports”, it implies a line that’s determined by combining sportsbook data with projection data to ensure comprehensive coverage.

Answer: “Projection Hit %” signifies the likelihood (in percentage terms) that a prediction will be correct based solely on projection data.

Answer: “Projection Play” is the recommended selection you should make on platforms like PrizePicks/Underdog based on our projection.

Answer: “Book Line” represents the betting line for a particular prop as set by the sportsbook mentioned.

Answer: “under Line” indicates the payout one would receive for successfully betting the under for a specific prop as per the sportsbook mentioned.

Answer: Similarly, “over Line” signifies the payout one would receive for successfully betting the over for a certain prop based on the sportsbook in question.

Answer: “Book Play %” showcases the odds (expressed as a percentage) of a particular play being successful as per the sportsbook lines.

Answer: Formerly known as “diddEV”, “DES Hit %” is a blended metric that combines both the book and projection hit percentages to give a holistic view of the prediction’s potential success.

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