Arbitration betting is a strategy of betting on all outcomes of a particular line when the odds facilitate
profit. The opportunities present themselves when different books get one sided action and must
adjust the odds to cover their bottom line. When the absolute value of the underdog's odds becomes higher than
the absolute value of the favorite's odds it becomes an arbitration opportunity. Our software finds these
potential plays and does the math on them for you. Navigate to the arbitration page and type your High Side
Wager, i.e. (Positive Odds Side), into the box and it will calculate the hedge bet for the favorite. The
green highlighted text box is the total percent profit of the arbitration, while the profit is the overall
dollar amount to be gained if the recommended stakes are placed correctly.
Lowholds Tutorial:
Low Holds are similar in structure to arbitration betting. These differ in that they do not yield a
profit and do incur losses. These are useful because some books provide deposit matches with a rollover
attached to it that must be completed in order to remove funds from your account or for minimal loss when
searching for opportunity to lock some profits in when large minimum wagers are required like in the cases
of first time deposit bonuses when no arbitration opportunity are available that will allow for large
stakes. Additionally, these can be used to move money from one book to another for moving your bankroll
around and to build various reward programs based on volume bet.
The percent at the bottom of each lowhold is the percent loss.
Free Bet Tutorial:
Free Bets are a term that refer to bets placed with tokens awarded for various reasons and promotions
from each sportsbook that represent a dollar amount to bet with that do not include the original value of
the stake in the payout. For example if a 50 dollar free bet was used on a +200 line it would payout $100,
while real money risked on the same line would yield $150 (payout+stake). It is for this reason the math behind
arbitration and free bet differ. Freebets tend to favor higher underdog odds to overcome the fact that the
original stake will not be included in the payout. The payout of a freebet is referred to as a free bet
conversion, and it will represent the amount of the freebet you can guarantee yourself based upon available
plays in the freebet section.
In the box at the top put the amount of your free bet stake, this will calculate your hedge amount for you for optimal returns.
Qulifying Bet Tutorial
The qualifying bet section is a specialized tool in obtaining optimal returns from "Risk-Free"
promos that return losses as free bets. By default the free bet conversation is set to 75%, but can
be adjusted in bet settings. Simply type your risk free wager amount in the box at the top, select
the book the promo is active on, then search. Once you have found a suitable qualifying bet, go to
the respective sites and place the bets. When those bets have settled, you will either have already made
the profit depicted by your selection, requiring no further action, or you will need to convert your
new free bet. Note that the assumed free bet conversation is 75% so aim to find a similar or greater
free bet conversation from the free bets page to have optimal returns.
EV+ Tutorial:
EV+ plays are bets that have a positive expected value when compared to other sportsbooks lines. These
bets are calculated based on the removal of house juice / vigor to find the implied probability of an event
happening and correlating the payout to determine if the payout is greater than the odds represented on
another book for the same line. The house will always have juice added to the line so that they guarantee
themselves profit, but much like arbs some books have mispriced lines compared to other books and we
take these mispriced lines and compare them to average the outcome of all books to determine the expected
value. When using our software put your bankroll amount in to get your recommended bet based off of the kelly
multipler you choose. Quarter kelly is recommended for most players to ensure consistency across all markets.
Kelly Tutorial:
The Kelly Recommended values are a percent of your bankroll based on the Kelly Criterion. We use the kelly equation
to maximize growth potential in relation to EV+ percent. Due to limits on promos or lines it is advised that you
do 1/4 of the value to ensure you can be consistent with your betting in all markets. Inconsistency will alter
your expected growth rate and trend, likely leading you to trend down. With this in mind, we offer the ability
to alter your Kelly multiplier from full kelly, half kelly, or quarter kelly as well as provide you with a
section to put your bank roll to determine the optimized bet.
If you would like to take a deeper dive into the world of the Kelly Equation, you can check out this
Kelly Equation Link