The social craze of “+EV Betting” has taken over the gambling sphere. A bettor in the EV space currently looks for their “source of truth” then uses that to find differing prices, then take this new found “value” to produce a staking amount (usually using Kelly Criterion)
In this quick summary there are 2 main parts to an EV bettors journey: Finding fair value & staking the wager. Bettor Odds looks to optimize these core pillars
Fair Value Discovery
If this was heads or tails, it would be simple to find the probability of the outcome being heads. But sports aren’t a coin, they are a dynamic chart which moves with the ebbs and flows of a market. This is constraint #1 within the current betting landscape: static ideology. Often EV users devig primary markets to Pinnacle/Circa, Player Props to Fanduel, etc.. But can’t provide concrete reasoning as to why. Example: Betonline is commonly the “best in market devig” for UFC.. what if their head trader left to go to Fanduel? For quite some time your “truth basis” would just be wrong
In comes Bettor Odds
Our ideology is straight foward: Track every sportsbook across a number of variables in every market produced to find the sharpest sportsbooks per event type
No more assuming “Betonline is the best in UFC”, you can trust that our software behind these scenes (and live for users to look at coming Fall 2024) is tracking every price move from open to close, comparing it across several variables and determining what books should be weighed as the “strongest in the market” over a running 5,000 wager sample. Not only that, we will weigh all books accordingly in a rating system to build a “true fair market price”, allowing for a “seeker of truth” based on overall composition of data rather than opinion of a single book
Sick, so we now understand why using a single static theory for Fair value is sub optimal & how to solve it.. Lets brainstorm on tackling the next issue:
Staking
Listen, Kelly and his Criterion are awesome.. But are we putting truth into practice?
The issue that plagues the industry currently is the assumption that all fair value calculations hold the same density of “truth” when most are aware they do not. A 3% EV in NFL moneylines will produce a long term result much closer to expected than a 3% College Basketball prop would provide. So why stake them similarly? Shouldn’t we give highest conviction to most consistent results?
Bettor Odds uses many factors to determine the Staking for a specific play
Our base staking starts at .35 kelly, then quickly will be reduced relative to the event. So if you have a 3% EV NFL Moneyline 4 minutes before kick.. The staking will be exactly .35 kelly. That same 3% EV in College Hoops totals openers 3 weeks before the season starts would give the user a suggested bet that follows a much less confident Kelly Staking
*This is all done for the user on Bettor Odds, simply gives units to stake so that there is no hassle*
So.. Why Bettor Odds?
Our Software tracks and values sportsbooks in a dynamic weighting system, giving the most fair price in market as well as calculating the situational staking needed so that a user can simply login, look at the feed, and take profitable wagers! Our dm systems will softball toss these wagers to the users with links directly to the sportsbook
On Top of the EV betting software, Bettor Odds is a multi-headed operation with developers and pro bettors who craft their own projections & these models are shared within the Bettor Odds Website. From MLB player props to College Football, our Projections team is constantly tracking the betting market to find edges within the game being played. Model projections have produced a consistent ROI across major market sides/totals for years and our team is flooded with talent to continue innovating for years to come
What’s to come?
BO consists of a team of bettors and developers crafting tools to take advantage of the current/future market dynamics. Our future builds include Line Historic Charts, Live Betting Feeds, More DFS feeds, & niche tools to help users create profitable wagers that won’t nuke their betting accounts. We enjoy building useful software daily to make your betting experience a profitable one
Check it out today with 80% off your first month using code "Bet" at checkout! BettorOdds.co