It’s easy for experienced users within the top down betting space to see Bettor Odds & instantly understand how it provides value.. But not everyone is a top down nerd, so heres a Bettor Odds Software Guide
The Start: EV What is this colorful screen?
This is the Bettor Odds Ev Feed, which will filter all available bets across 30 sportsbooks into an easy to read sheet prioritizing the best bets available at the top
It reads: Event, Market, Bet Info, Sportsbook, Price.. These are simple to understand
Then comes the nerdier side of the screen, which we will break down piece by piece
EV - Short for “Expected Value” EV is a simple equation that states the (win probability * amount won) minus (Lose Probability * amount lost) to find the theoretical value within the investment. If something has a 3% Expected value, through 10000 wagers you’d expect your investment to return 3% in a perfect world
Bet Sizing - In betting, Bet Sizing is one of the most important pieces to the equation. You should be betting big when there is a high likelihood of winning & high expected value & less when those 2 variables are lower. Many bettors use Kelly Criterion to help with this & though Kelly is amazing, it has very broad assumptions that can hinder users such as treating every market the same, assuming an efficient market, etc.. Our Bet sizing takes a unique approach by looking through the data to see “how sharp do we think our fair value number is.. Should it get the max weight or should we bet slightly less to take less risk?” and adjusts accordingly, giving you the MOST optimal bet size possible
Expected Profit - Simply put it's the Bet Staking x Expected Value. If you filter by EV, you’ll have massive +$ plays pop up of “30% EV” though they aren't super sharp (“to go to overtime” props).. If you filter by Bet Staking, you’ll have massive favorite props (No Homerun) at the top of the feed even with tiny EV as your stake is “risk” so 0.3% EV still needs to risk a lot on a -700.. So to blend the 2 together, you get a perfect balance of what will grow your bankroll the most
Weighted Market Value - Here is where Bettor Odds is the most unique. We track and train our betting models vs a dynamic balance. Meaning we have no set “Pinnacle is the best at X”, instead we allow a rolling sample size to determine what sportsbook has been the most efficient across every market given several variables to track “correctness”. This allows for the fair odds to always be adjusting to events in the market place and provide users with the best possible fair value price
Ok cool so we understand the feed now, but how can we useeeee the feed? I don't want to see plays, I can't bet.. By going to the search bar, you can search any filters needed. Simply search “sportsbook” and find every book available. “Anytime” and see all props which have the word anytime.. Easy stuff
Then when selected, go to “filter” and you'll see the option to further customize or to save the settings. By saving the settings, your “My Feed” will now populate those settings daily (so just choose what sportsbooks you have, then save it) as well as choosing states which will allow for links directly to the play itself
So now you have your feed.. Let's look at the plays. Scrolling onto Kris Dunn under 2.5 assists, if you click anywhere on the row, you’ll have multiple options pop up
Book Feed - Allows you to quickly see the price of the same prop across all other books
Historics - graphs how this prop has behaved throughout times time on the odds screen
Bet link - takes you right to the goods, go place the bet!
Once your “My Feed” is saved, it becomes the hub for all plays available, but you can still use filters and search for plays, just ensure the “save these settings” isn't clicked & if you want to pull up your settings quickly, there is a “load my settings” at the top of the filters
Here, I was looking for some Low +$ or -$ Anytime TD scorers in the Chiefs game for a promo I wanted to use. The filter allowed me to toggle all suggestions needed and quickly find a play for my boost.
DFS
DFS offers a different form of betting, one which has no visible odds, but as you build parlays the odds can be calculated. Our DFS feed does the math for you, simply slide the Combo options & find profitable squares in the DFS space **Be cautious with DFS as often these higher EV bets don’t have many books backing their value & can over estimate the worth of a square**
Coming soon: We will have the DFS Multipliers within our feed as well as the ability to build out a slip within bettor odds & be taken to that bet within the DFS apps. This will save a lot of the searching & choosing lines headache within the app (as well as adding a few more DFS apps into the feed)
Arbitrage
Arbitrage betting is when 2 sportsbooks overlap in value, allowing a user to bet both sides of a game and profit risk free. Within the Arb tab, users can search for the sportsbooks they have (soon will be directly connected to your My Feed so no need to double type).. And you’ll be given arb positions available + correct staking to bet on each. Simply click the boxes & links will pop to take you directly to the wager
Projections
A unique part of the Bettor Odds experience is our team of bettors building projections. See lines move all the time to sharp groups who make their number and bet it & sportsbooks react.. well.. for years our team has been infront of the movement across College Hoops, Football, & Major League Baseball. Those projections are available to users daily! These projections have cleared a 7% ROI & 2% CLV vs the consensus price in market & are a great tool to add to your top down betting tool belt
EV Bots
Within the Bettor Odds discord, users have access to setup their own EV bot. This will allow you to be DMed when a play which fits your optimal criteria is posted. Simply input your books, desired minimum EV, and let the bot watch the board for you all day! These pings will also come with a "dummy leg" which can be used to parlay and help maintain account health (as seen on our Dodging Limits article)
Our goal is simple: do the dirty work & toss you the best bets daily as easily as possible. Our future plans are PACKED full of tools and insights which will help you in your day to day betting