OddsElite is a tool for soccer betting that uses bet trackers and line shopping to find edges. It has a versatile betting software toolkit, through which you can analyze your historic results, explore CLV metrics, tweak stake sizing strategies, and get real-time alerts of hot betting odds.
While soccer is one of the most popular sports to bet on, in the US and around the world, not many US betting tools go into the detail covering the sport. OddsElite, on the other hand, analyzes games from virtually all over the world, with special attention placed on alternate markets such as BTTS, alternate total goals and Correct Score and Half Time/Full Time wagers, among many more.
|
Value for Money |
60%
|
|
Sports/Markets Coverage |
70%
|
|
Interface & Design |
80%
|
|
ROI Optimization |
90%
|
|
Betting Strategies |
70%
|
OddsElite Betting Features
Edge detection here is done with bet scanners, line movement trackers, and highly sophisticated stake sizing strategies. OddsElite does this remarkably well, with a simple interface that shows you the edge and automatically calculates stakes based on your bankroll settings. You can filter sportsbooks and even set your custom alerts with web browser or Discord notifications. There are only two things here we will note before moving onto the individual features.
One is that this is a soccer betting tool, and it only covers soccer games. You do get the lion’s share of leagues and competitions, from the biggest US and European domestic leagues to international club competitions and national level tournaments. The other is that the betting tool tracks odds at several US sportsbooks, including DraftKings, FanDuel and Caesars, although most of the coverage is on UK bookmakers. So some of the edge bets are not relevant for US sports betting purposes. You can filter out the UK books, but then you are only stuck with a handful of US sportsbooks – this is an area that can definitely see improvement.
Crisp Line Shopping
The odds comparison screen has excellent filters, so you can narrow down the search by time range, min. edge %, sportsbook, and competitions. Open any Game, and you will find the corresponding markets that OddsElite tracks. It automatically highlights the best odds in green, with corresponding edge detection percentages, so you can gauge the value of the best odds.
Click on the betting market, such as Home under the Match Odds, and you can directly compare the full list of betting odds against each other. OddsElite calculates the edge and True Odds, and you can also check the Odds History table to view previous line movements.
Expert Edge and Stake Calculations
The Edge values are your indicator of how valuable the odds are, and you also get Stake recommendations based on this value. OddsElite uses the Kelly Criterion betting strategy, and if you head to Preferences, you can adjust the parameters there for your stake sizing. You can set a Kelly Risk Level: Conservative, Moderate or Aggressive. Next to this, enter your full Bankroll, and this will recalculate the odds for your budget.
The betting markets can be quite deep – depending on the game. For more prominent soccer games, you can get alternate Over/Under lines and spread bets, as well as Half-Time, Half-Time/Full-Time, BTTS, and Correct Score bets. The interface could be optimized here with an additional filter for betting markets, we felt that it could help arrange bets for parlay building or weighing lines at different games.
CLV and Line Trackers
When viewing the different odds for a bet, you can click on the link to open the sportsbook and manually input your stake. There is another button that allows you to track the bet. It opens a new window, where you can enter your betting odds on that very bet. This is extremely useful for assessing the odds at a book not covered by OddsElite. For example, you place a bet at a US sportsbook not covered by the betting tool, and it will track your odds against the CLV and add it to the bankroll management interface.
It is crucial to get the CLV data later. Talking about CLV, that Odds History chart is a great way to measure the previous line movements. There is a dashed line in the table that represents the True Odds, as defined by the aggregated market prices. You can see how this changes, and how the real odds offers bend around it, to help gauge drops in sentiment or shifts in the betting odds.
Bet Tracking for Bankroll Optimization
The bankroll management tool is another winning feature at OddsElite. Open the Dashboard for your personal betting portfolio tracker, and you can compare key metrics such as the ROI, CLV beating percentages, and your profit performance over time. You can also view the bet outcomes individually, checking to see which types of bets you land more often, and the ones you have previously struggled with.
You can adjust your bankroll, alter the kelly preferences, and try to find where your CLV beating percentages were highest. These all help build an edge in your bets. We really liked this bankroll management software, it felt informative and structured.
Bet Calculators
OddsElite also provides you with bet calculators, covering odds conversion, Kelly Criterion, EV, parlay building, vig calculators and hedge calculators. These are useful additions that give you more insights about what you are seeing on the edge screen or in the odds comparison charts. Though it feels like they could be better integrated into the main dashboards and screens.
Instead of providing them on tools pages, we felt they could be a lot more impactful on the main odds screen. If OddsElite could do those calculations for you, and list metrics such as Margin (juice), Implied Probability, and Parlay edges, we think it could improve the service drastically.
Real-Time Alert Setup
Set up the notifications in your Browser in the Preferences, if you don’t do it via Discord. Then, you can head to the Alerts, and create a channel. You set the parameters for any notifications, and then you will receive them when the bets become available. For your alerts, you can set the minimum/maximum edge, give a range for the betting odds, set the time of the alert (any time or X hours before the game starts), and choose a Delivery Policy. This sets the minimum time between alerts, and the max limit for alerts in a day.
We like how this can keep you updated to any bets, but we felt that it could improve by giving more specifics for games and leagues. For instance, if you don’t want to receive continuous alerts for games in the Australian league, Hungarian U19s, and other obscure events, you can’t filter these out right now. It would be a lot better if you could, say, set alerts just for Premier League or La Liga games, or even choose by betting market, such as BTTS in upcoming Bundesliga games.
OddsElite Pricing
OddsElite has one plan that gives you full access to all its features. You are billed monthly, and can pay via bank card using Stripe.
OddsElite Pro
$79 monthly
There is a 14 day free trial if you sign up via our links, and you can simply enter your email or sign up via Google, verify your email, and then you are good to go. We feel that for this price, OddsElite is borderline overpriced. It has good tools and worthy analysis, but the lack of US books doesn’t fully justify the price.
Sure, there are work arounds for that, like entering your own bets from US books and comparing them against the market consensus at UK books, but this should be an integrated function, not solved by custom entries.
What Makes OddsElite Stand Out
The bankroll management, line tracking, CLV data and alert setup are key features that distinguish OddsElite from other tools. It focuses on soccer, only, which is not really a niche market. Our justification for this is that while there are betting tools in the US that cover soccer, the coverage tends to stick to a handful of leagues.
They also don’t go into the broad depth of betting markets that you can find on soccer games. Of the 300+ markets that a decent sportsbook can offer for a single soccer game, most tools only cover a handful of markets.
Room for Improvement
But that is another area that we think OddsElite could be tweaked. It does have alternate betting markets, but these are not very structured and can vary depending on the game. If OddsElite had more soccer betting markets (think corners, player bets, shots, fouls, etc), then it would live up to its price tag.
What we want are more soccer props, more US sportsbooks covered, and perhaps integrating some of those bet calculators directly into the main odds screen and edge finder. The alerts could be optimized with filters for games, sports leagues, or even by betting markets. And another area that we would like to see improved is adding some kind of parlay optimizer – as the bet calculator is already there. Even a simple EV assessment on parlays could be a welcome addition.
Is OddsElite Legit?
Yes, OddsElite is a reliable service, although it is not very well known. We couldn’t find many user reviews about the software, and it does not seem to be popular in the US just yet. However, we tested the software and found that it definitely delivers, and that the Discord channel can serve as a customer support function too.
Who OddsElite is For
OddsElite is poised for soccer bettors who want to gain a mathematical edge on their bets. It has promising features and a precision-first outlook on finding high value soccer bets. There aren’t many betting tools catered to US bettors that don’t just cover soccer, but do it well.
Though the price range puts OddsElite with many of the more high-end tools that we have reviewed, this is a bit disappointing. At this price range, you can afford Outlier.bet, and possibly stretch a little to get the Starter Screen package at OddsJam, which comes with a far more comprehensive suite of soccer betting software. Or for that matter, if you don’t mind using an international (and not US only) tool, then Bet Hero comes at a similar price, with similar soccer coverage but it also covers other sports too.
Our Verdict
Being completely subjective here, we think that OddsElite does have a lot of promise, but the service should be tweaked a little. Either the software should be cheaper, to make up for the limited US sportsbook coverage, or, they should add more US sportsbooks to make it a better deal for US customers.
It feels like it is better suited to UK bettors, but the subscription is paid in USD, which indicates that OddsElite is made for US customers. That aside, we did like the service and felt it had good optimizers for US bettors. There are competitors at this price range, definitely, but we like how OddsElite gives a 2 week free trial for users. It is definitely worth trying out, we don’t think there is anything wrong with its analysis. But it perhaps suits high rollers better than beginners, and bettors who only need odds from the main US sportsbooks.
Loading...