The platform claims its experienced members can average 2% ROI on a daily basis through arbitrage betting suggestions, not including reward credits or any VIP bonuses that come their way.
DoubleDown Odds also has a buzzing Discord server where its users and agents share important tips and best practises for maximizing the arbitrage and matched betting picks it sources from top US sportsbooks.
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Value for Money |
55%
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Sports/Markets Coverage |
60%
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Interface & Design |
85%
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ROI Optimization |
85%
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Betting Strategies |
90%
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How DoubleDown Odds Works
The primary function of DoubleDown Odds is to trace good arbitrage opportunities for sports bettors. The service also facilitates matched betting and low holds, helping you to either convert promos or use low hold wagers to fast track your journey up to VIP status.
The platform is well designed and its key strength lies in the negligible latency rates, with odds refreshing at a speed of 200ms so you can gain near instant real time arbitrage bets.
Main Features of DoubleDown Odds
DoubleDown Odds sources odds from all the major US sportsbooks, including DraftKings, FanDuel, BetMGM, and Caesars. Cross referring odds on moneylines, spreads and totals, it presents arbitrage betting opportunities for US bettors.
DoubleDown Odds has features with which you can tweak these parameters, even including different types of bonus offers for matched betting, to gain higher ROI values and secure bigger profits.
Low Latency Arbitrage Odds
The odds are constantly changing, and DoubleDown Odds provides you with converted arbitrage betting opportunities with resulting ROI rates. It is very easy to use, with clear data on the sportsbook, odds, bet sizing and win %. As soon as opportunities arise, they turn blue or green on the display to highlight any openings.
We left the arbitrage display open, and found that while most of the sourced odds are not favorable, good 0.5% up to 5% arbitrage bets do pop up, but you need to be quick to seize these opportunities. Doing this manually is next to impossible, and with DoubleDown Odds you can save precious minutes to capitalize on good opportunities.
Arbitrage Bets Quality
There are two things we noted about the arbitrage bets themselves. DoubleDown Odds only sources odds from 10+ legit US sportsbooks, and it keeps the markets to just moneylines, spreads and totals. The coverage extends to the NFL, MLB, NHL, NBA, NCAAF and NCAAB, which is a lot fewer than other arbitrage tools. While this does limit the arbitrage wagers – it is reasonably explained by the software.
These main markets on major sports are less conspicuous, meaning there is less chance of you getting limited or suspended for arbing. As for the sportsbook coverage, DoubleDown Odds has a few blacklisted or offshore sportsbooks, which you have to be wary of.
Customizable Filters
The interface is clear and easy to use. DoubleDown Odds has also made all the right filters and customizable options so you can narrow down the bets to get exactly what you need. You can filter by league, sportsbooks, desired profit percentage, and even set an order for your preferred sportsbooks – like DraftKings first if you have more money on that account.
On the left side of the main menu, there are drop down betting calculators, with matched betting, low holds and arbitrage calculators so you can quickly count how much you need to place on either side, to see your potential returns. These tools are small windows, which have all the info you need, and you can leave them open while browsing the arbitrage bets.
Matched Betting and Low Holds Wagers
Matched bettors can use the Matched Betting Type tool, which includes: Low Hold, “Free Bet” (Bonus Bet), “Risk Free Bet” (No Sweat/Insurance Bonus Bet), Qualifying Loss, Targeted Low Hold, or Profit Boos. DoubleDown Odds doesn’t just limit the matched betting to bonus bet offers, but you can also factor in any no sweat offers or second chance bets.
This will recalculate the given odds on the main display, showing you potential ROIs for any of the types of bonuses you have at hand. This feature is well thought out, and gives a lot more flexibility on converting bonuses, not many other matched betting tools go to these lengths to define the ROI by type of bonus.
Discord Channel for Power Insights
The Discord channel is a neat touch, as you get a private space to connect with other arbitrage bettors and can learn from the very best. DoubleDown Odds doesn’t have a massive online community, but the Discord server is lively and it can also double as a support center where you can reach out to agents.
DoubleDown Odds Pricing
DoubleDown Odds is not cheap, and while arbitrage tools generally aren’t, it is a premium tool with a high price. We felt that the price is a little excessive for what you get, as DoubleDown doesn’t cover a massive array of sports, and the betting markets are pretty limited to. The saving grace is that you get odds at the fastest speeds out there, with near real time refresh rates.
DoubleDown Odds Membership
$200/month
Sign up through our links, you can get an 8 day free trial. If you are happy with the service, you can use the promo code NEWUSER to get a 50% discount off your first month. This is ample time to test the software to its full capabilities. There are daily arbitrage betting opportunities to catch, including ones with ROIs peaking 5%, so with a little preplanning, you can master the art of arbitrage betting.
Why Pick DoubleDown Odds
Hands down, the best feature of DoubleDown Odds is its swift real time odds display. The customizable filters, attention to detail on bonus types, and drop down calculators allow you to make quick, informed decisions.
It is easy to use, has an excellent Discord server for tips and tricks, and DoubleDown Odds only covers legit US sportsbooks, so you don’t get a bunch of irrelevant offshore betting site wagers. The ROI percentages are accurate, and while most of the time the returns are minimal (<1%), it is worth browsing around and waiting for those key >3% opportunities to arise.
Where DoubleDown Odds Can Improve
Having reviewed countless arbitrage betting tools, we know what to look for, and which special features help bring out the most from your arbitrage strategy. DoubleDown Odds has a fantastic service where sourcing odds and gaining valuable insights is concerned. However, there are a few additional features we would like to see.
For arbitrage betting, it would be good to have custom alert setups and direct 1-bet click functionalities. If you could get a notification about a 5% arbing opportunity and use an instant bet feature to snap it up, it would only amplify the impact.
For matched betting, we were highly impressed by the numerous setups for different bonus types. The one thing missing, we felt, was a good bonus finder feature, which would help you find and track any betting bonuses going up for grabs.
At this price, we could easily imagine these features gelling into the overall product, and capitalizing on DoubleDown Odds’ speedy odds trackers. At a push, we would also say another area to improve is making a basic, affordable, subscription package. Setting the pricetag so high, DoubleDown Odds only caters to bettors with larger bankrolls.
Is DoubleDown Odds Legit?
Yes, DoubleDown Odds is a fully legitimate betting tool, and sources its odds from licensed US sportsbooks. However, it also gets data from books based outside the US, including a few of our blacklisted sportsbooks, which you will have to be wary of.
Who DoubleDown Odds is For
DoubleDown Odds simplifies arbitrage betting and promo conversion, and while it can be used by complete beginners, the pricetag of the subscription is geared towards intermediate or advanced users. Arbitrage betting at this level requires a mighty bankroll, especially if you are dividing it across multiple US sportsbooks.
We would recommend the software to bettors with medium to large bankrolls who specifically want to get high value and accurate arbitrage betting odds.
Our Verdict
DoubleDown Odds sets a high standard with its offering, though there are definitely areas where the software can improve. On its X (Twitter) channel, DoubleDown Odds has posted updates such as more sportsbooks or rolled out new features – and on the site the service says it is still adding to its package.
We liked the service and the overall functionality of the app, but felt that for its price, the product should be a little more refined. Perhaps with those extra arbitrage and matched betting features, or adding a basic package to allow bettors with lower budgets to catch some opportunities.
There are definitely arbitrage betting tool alternatives, but if you are looking for speedy service and machine precision with your arbitrage bets, DoubleDown Odds is a robust tool that can do the job.
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