Betting tools software

Bet 2 offers a form of hedging protection, as well as trying to deliver a profit in its own right. For a range of possible outcomes covered by the range of Tools the calculated stakes help offset losing bets against the profits from winning bets.

The Tools will save you considerable time by making quick, accurate calculations. And, unlike humans, the Tools never lose concentration because they get tired, irritated, emotional, or impatient! Finally, whereas the Tools are ideal for football betting they are also suitable for other similar events that offer a Home win, an Away win or a Draw. The first 9 Tools are designed to calculate the proportional stakes needed to make a profit on a range of multibets. The multibets range from Double Chance bets and others.

As a bonus, Tool 10 makes the calculations to help you to achieve your specified Target Profit for single events. The basic structure and layout of Tools 1 to 7 inclusive is similar to Tool 1. Once you click the Calculate button after making the change, two things happen: The correct price is automatically inserted [6.

The potential profit has dropped from around 4 units to just 1. And even 1. The software works out the stake needed to return the stake AND deliver the defined Target Profit for the event. The software lets you specify an Increment that s automatically added to the Target after a losing bet.

The software works on the recovery principle so the eventual winner recovers all losses. Goodwood 3 And the ID would be the horse number. You get the idea. On the other hand you might prefer to leave the event blank and just use the ID. On A Win Click WON and the software both clears the data and saves data-details to a text file named with the current date i. For your convenience the date remains. The [R] stays ON. The Increment is automatically added to the Target.

Betfair Commission You could take most of that into account with the Increment you select. Ten Tools that do some pretty complex calculations far quicker than we could with a pencil and paper. Usually there are enough sports to get started, so this is also not a major limitation. Of these restrictions, the time delay on the arb feed is the most debilitating. This is closely followed by the limited profit margin per arb. When evaluating free arbitrage bet finders, you are looking for the one that has the fewest restrictions, especially with regards to time delay and profit margin per arb.

For those of you who want to get started with free arbitrage betting immediately, here is my summary table. Otherwise, read on to get a detailed comparison and review of each of these software packages.

OddsJam US Only. Betslayer UK Only. OddsMonkey UK Only. Find out how you can redeem your discount on my RebelBetting discount page! As mentioned in the previous section, the number of restrictions placed on the arb feed is what makes or breaks the free arbitrage software.

The table below summarises the restrictions for each of the free arbitrage software I will be looking at. Overall, I recommend RebelBetting as the best free arbing software. It has a superb, user friendly interface, a large number of bookmakers and sports, and no profit limit per arb. The only downside is that their trial only lasts for 14 days.

If you are in the US, OddsJam is the right one for you. It covers all major US bookmakers and is one of the cleanest, user friendly arbitrage software that I have ever seen! RebelBetting has been a stalwart of the sports arbitrage betting scene for many, many years now. They are widely considered to be the market leader when it comes to sure betting software.

As of late , RebelBetting has moved from being a Windows desktop application to being an entirely online web application, accessible on any operating system. You no longer need to download anything to use their service. The sure bets that match your filters are displayed in the main part of the screen. The profit margin, match participants and odds are all displayed in a simple, easy to understand fashion.

I like this because arbitrage betting often requires you to make a number of bets at high stakes in quick succession. A complicated layout can increase the chance of making a mistake under pressure.

This will display the bookmakers that are accepting bets for that particular outcome and which match the filters you have set. This helps greatly when determining which order you should place your bets in. It lets you know what your backup options are if the odds change suddenly, or if your bet is rejected. As expected, there is a decent built-in arbitrage calculator that allows you to bias your stakes to favour a particular outcome, or round your stakes to avoid bookmaker suspicion.

RebelBetting has around 90 bookmakers, the highest of any of the major software packages. Unfortunately, it only scans for arbs on 10 sports, which is a little disappointing. You will find fewer arbs with RebelBetting than with BetBurger, largely because they do not cover as many sports. There's even bet tracking as part of the software. It keeps track of all of the bets that you log in their system, then reports back to you to the profit for each individual bet along with detailed statistics, graphs and a running tally of all of the money you have made from arbitrage betting!

Overall, RebelBetting has put together an excellent sure betting software package and it is available as a free 14 day trial. It has a very clean, uncluttered interface, but is packed with all of the necessary features for serious sure betting. Alternatively, check out my full RebelBetting review!

If you do decide to upgrade to the paid version of RebelBetting, make sure that you use my exclusive discount below! RebelBetting have generously agreed to offer a 2 for 1 discount on their arbitrage and value betting software for readers of The Arb Academy!

OddsJam is a relatively new startup, yet they have quickly taken the North American arbitrage betting scene by storm. Whereas most arbitrage software focuses on European bettors, they focus on US and Canadian bettors. The OddsJam software is browser-based, and consists of one of the best arbitrage software interfaces that I have ever seen. Their software consists primarily of 4 sections:. There's arbitrage bets, low-hold bets bets where the bookmakers have low vigorish , middles and value bets known as positive EV bets by OddsJam.

The arbitrage betting interface is very user friendly and easy to understand at a glance. Each row represents a different match where the various bookmaker odds have resulted in one or more arbitrage bets.

Unfortunately, the bet filtering on OddsJam is not fantastic. There are limited options for filtering at the moment and I am hopeful that this is something that they address in the near future. In addition to offering middles and value bets alongside arbitrage bets, OddsJam has two other features that are worth noting - their betting calculators and bet tracker.

The arbitrage calculator is fairly basic when compared to European software, but it gets the job done. Input the odds and you can quickly determine the appropriate stakes. Don't expect any 3 way bets, multi-currency or bet biasing and you'll be fine. The bet tracker, on the other hand, is one of OddsJam's great strengths. It is very detailed, providing information on stake, status, winnings, sportsbook and more for every single bet that you place and log in their tracker.

Firstly, this helps you keep track of your betting performance and see whether you are actually profiting over time, which helps give you motivation and is particularly important if you are doing positive EV betting, which can see a lot of ups and downs in terms of profit.

Secondly, the bet tracker keeps track of your account balance with each bookmaker, letting you know when your balances are running low and need topping up.

Being able to see all of this from one dashboard is very, very useful. OddsJam offers 2 plans for their customers, the Arbitrage Plan and the Industry Plan with everything they have to offer. If you are just interested in doing arbitrage betting, the Arbitrage Plan will be sufficient for you. The Industry Plan basically includes everything the Arbitrage Plan does but with value bets they call them positive EV bets as well. Use the button below and the code TAA at checkout to access this discount!

BetOnValue has been around for a couple of decades now and is still a major name in sports arbitrage betting. My first impressions of BetOnValue were not great. The interface was very crowded and much of the display was occupied by bookmaker logos. Thankfully, I was able to turn off the logos and just leave the bookmaker names, but the software still seemed to load quite slowly. I was pleasantly surprised by the number of sure bets available; many more than I had seen with the other arbitrage software.

BetOnValue cover a large number of sports about 32 , so they are able to serve up many more arbitrage opportunities. Upon clicking on a potential arb, you are taken to another screen which summarises all of the bookmaker odds for that match. It is quite neatly displayed, and sortable for each outcome, which is very helpful for figuring out your backup bets.

Not every state allows betting on them, though. It varies by state, so check your local laws or betting sites for more information. Not everywhere. Many states have legalized online sports betting, and more are working on legislation to do so. You can find sports betting odds by visiting the sportsbook website of your choice.

They will usually display their odds without requiring you to log in or create an account. Online resources also exist that compare and contrast the odds at top sports betting platforms.

Using an online odds calculator or by calculating the odds manually. Gaming Today has several odds calculators to choose from. How to read sports betting odds depends on how the odds are displayed. Decimal, fractional, and American odds all require different math for calculation. However, each are relatively easy to understand. In many cases, other sportsbooks will have better odds.

The most successful sports bettors compare and contrast different options before placing a bet for that very reason. Range of factors. Sports betting odds are calculated based on a variety of things including injuries and trades, current team form, the weather, and beyond. An odds calculator helps sports bettors determine their betting strategy. However, different odds calculators have different purposes, such as comparing futures, identifying arbitrage, and more. You should use an odds calculator when you want to save time or for when the math is too complex to perform manually.

DraftKings Sportsbook. The sports betting website and app that consistently offers the best odds is DraftKings Sportsbook. It also offers a range of betting options, a deep sports selection, and impressive promotions. You can also seamlessly switch between the sportsbook, daily fantasy sports, and casino games where legal.

Advertiser disclosure How we rank sportsbooks. Written By: Cole Rush.