What is Value Betting Software?
With thousands of bookmakers around the world setting odds, it is inevitable that they will make mistakes. There are occasions when the odds do not reflect the true probability, but the trick is to spot these discrepancies before the odds adjust to a more accurate price. That is where value betting software comes in.
These software sites offer tools that track market odds and movements in real-time, alerting users to bet-s with a positive expected value (+EV) where they have calculated that the bet is mathematically profitable.
Value betting software has been designed to find +EV bets by scanning and comparing odds across multiple bookies in real-time. It looks for pricing discrepancies where the odds seem lower than the probability.
The software sites have features that will notify users before the odds move, so they can capitalise and take advantage of the best price. They will also automatically log and track bets, have customisable features, and measure closing line value.
Best Value Betting Software
We wanted to round up the best overall value betting software sites on this page. The software we list below has been designed specifically with bettors looking for +EV opportunities in mind, rather than a particular sport or type of bet.
#1. Rebel Betting
Rebel Betting is one of the most recognisable sure betting services in the industry, and it has some of the most reliable software that identifies arbitrage betting opportunities. The website claims that the average user will double their bankroll in three months using their services, and to back this up, they offer a profit guarantee.
The sure and value betting features are based on choosing bets that the bookmakers have mispriced, meaning they have a better chance of winning than the implied bookie odds. The filters allow you to choose your favourite bookmakers from a comprehensive list, and you can also sort by min/max value percentage and min/max true odds.
The sports markets available on Rebel Betting include soccer, American football, boxing, tennis, and more. You can also choose between win, double chance, 1×2, Asian handicap, European handicap, and over/under.
Rebel Betting Pros:
- One of the most established software sites in the industry
- Scans over 120 bookmakers
- Supports multiple devices
- Accurate, quick, real-time updates
Rebel Betting Cons:
- The Pro plan is expensive
- Requires significant time investment to make a good ROI from value betting
#2. BetWasp
The BetWasp site comes from the creators of Surebet and BetBurger, so you know that it is going to be a top quality service. This product provides a wide range of valuebets and surebets, covering over 40 bookmakers and several markets. Both pre-match and live modes are available, although to access the live odds, you must hold a paid subscription.
It is very simple to navigate across the BetWasp site; users have all of the necessary functionality to find arbitrate opportunities quickly. You can use the multifilters to set your surebets and valuebets parameters, such as profitability, age, event start time, sport, bookmaker, type of outcome, and league.
The scanner is also extremely fast and reliable, ensuring you don’t miss out on those valuable opportunities at the best prices.
BetWasp Pros:
- Over 40 different types of sports
- One-click betting
- Flexible subscription plans
- Detailed bet tracking
BetWasp Cons:
- It can take a while to learn how things work
- Plans are expensive
#3. BetBurger
BetBurger has been providing surebets and valuebets for over 10 years, and is considered one of the market leaders among betting software and betting scanners. BetBurger provides value due to its scanning speed and helpful features, such as its surebet calculator. The site also scans over 80 bookmakers (including 58 clones), in both pre-match and live settings.
In addition to surebets and valuebets, BetBurger also offers middles and value bets, which are very popular among serious bettors. The interface and functionality make it easy to manage all of your bets. You can view a list of available arbs, and the user panel has filters where you can set arbs by beginning time, percent, age, etc.
BetBurger is one of the top value betting software sites out there due to the scanning speed and the depth of lines and bookmakers covered.
BetBurger Pros:
- Access to over 80 bookmakers
- Middles and value bets included
- Access to 34 sports markets
- High-quality arbs discovered
BetBurger Cons:
- Bookmakers’ odds need to be displayed more clearly
- Live arbs not included in basic packages
What to look for in Value Betting Software
There are more value betting software sites launching all the time as bettors seek to maximise the most value from each bet they place. However, some won’t be worth their price tag, while others will promise a lot but deliver very little. Choosing the correct value betting software can significantly improve your betting strategy and help you make profits over the long term. Here are some key things to consider:
Scanning Speed
Speed is essential when value betting or sure betting is a big part of your strategy. You could miss out on several +EV betting opportunities if the scanner does not scan the odds quickly enough. It is vital that you get in before the odds shift again. Some value software sites scan more quickly than others for a limited time, while others will have slower speeds but greater profit margins. Ideally, you want to find a site that balances both of these out.
Tools & Features
There are some tools and features that are really beneficial, such as an arb scanner, odds comparison tools, or bet slip integration, while others are less useful. The important thing here is to distinguish which ones offer real value and which ones are simply a gimmick.
Always look out for features such as multifilters, bet trackers, and stake management systems, as these provide valuable insights in addition to helping you make smarter bets.
Number & Quality of Bookmakers
It is important to have an array of quality bookmakers to choose from on any software site to enhance your experience. For example, if you keep using the same bookmaker consistently, it is likely your stakes will get limited, so ensuring you have access to multiple options is vital. There are also more lucrative bookmakers available than others, so software sites offering as much choice as possible are beneficial.
Pricing
Most value betting software sites offer free trials, so you can test the software and see how the filters work, although the amount you can do will be limited. You will be able to pay monthly or annually if you want to join, and, of course, some prices will be cheaper than others.
Make sure you check exactly what each subscription plan offers and how it meets your needs. We would always recommend using the free trial as it is a good test run to determine if you want to go further and go for a paid membership.
Sports Market Coverage
Lots of people have different sporting tastes and interests, and it is important that value software sites cater to these. There is little point in having an extremely fast scanner and accurate odds comparison tool if there are a limited amount of sports to choose from. A big part of value betting is the volume of bets you place, so the more markets available, the more chances you have of finding opportunities to make a profit.
Value Betting vs Matched Betting
There are lots of differences between value betting and matched betting, but they are both useful for bettors to understand. Value betting is more of a long-term strategy compared to matched betting, as lots of bookmakers will make note of accounts that consistently match bets. However, value betting will typically generate profit over time; there will be variance in the results, so there will be wins and losses, whereas matched betting will guarantee a profit every time if it is done correctly.
Both can be excellent ways to make money when betting on sports. You can incorporate both into one betting strategy, but if you are looking to be consistent over a longer time period, value betting has greater value.
Is there any free Value Betting Software?
The simple answer is no, there is no free value betting software. If you want to see a good ROI from using software sites and get the most out of the features, you will need to pay for a subscription. Most value betting software sites do offer a free trial, so there is the option of ‘try before you buy’, although the amount you can do during a free trial is limited.
If you are simply looking for a site that can present a small amount of data in a graph or chart, but you don’t need any software to identify value bets or sure bets in real-time, then just signing up for a free trial may suit you. But if you want some actionable insights, then you will need to subscribe to your preferred site.
Some sites may have several different subscription plans, while others may have only one or two. Just make sure the packages include everything you want so you aren’t paying for irrelevant data or features.
