Video Summary
In the world of sports betting, a “low hold” refers to when the odds of the same exact market are equal, but opposite, resulting in a zero percent hold. This concept can be used to take advantage of deposit matches or playthrough bonuses offered by sportsbooks, as well as to advance to higher tiers of rewards systems. A low hold is not necessarily a way to make money, but rather a way to break even.
For example, if a sportsbook offers a 20% deposit match up to $1,000 with a playthrough requirement of $5,000, a low hold bet could be made to claim the full match while minimizing risk. Similarly, if a sportsbook has a rewards system that offers points for betting on their platform, a low hold bet could be used to advance to a higher tier and unlock associated benefits.
The concept of a low hold might seem counterintuitive at first, as it doesn't provide a profit, but rather a guarantee of breaking even. However, in certain situations, it can be a valuable tool to take advantage of promotional offers or rewards systems. The key is to understand when to use a low hold, such as when a sportsbook is offering a deposit match or playthrough bonus, or to advance to a higher tier of a rewards system.
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