Are you wondering which is the best value betting software out there? Perhaps you’ve tried some free value betting software, but are now ready to get serious and use premium tools to increase your profits substantially?
In this article, I will be introducing and comparing the best value bet finders, sites and services so that you can find out which one is right for you!
While you might be hesitant to spend money on value betting software, it can save you a lot of time both in searching for value bets and in keeping track of the outcome of your bets and your overall performance.
Spending less time searching for bets and doing accounting means more time placing bets and therefore greater profits!
Let’s take a look at the benefits of using value betting software and which one is right for you!
What is the Purpose of Sports Value Betting Software?
We know that the key to value betting is volume, that is, the more bets we place, the more we expect to profit in the long run.
If you’ve read my article on how to find value bets, you will know that without software, searching for and identifying value bets is the most time consuming part of the whole betting process. It is the bottleneck holding you back from greater profits.
The second major bottleneck in the process is keeping track of your bets. You will be placing so many bets that the accounting can quickly become a monumental task if you don’t keep on top of it.
Value betting software solves both of these bottlenecks, in exchange for a monthly subscription fee.
It uses algorithms to compare the odds for thousands of matches across tens of bookmakers, alerting you when potential value bets have been found! Essentially, it compares the soft bookmakers odds with the 'true odds' offered by the sharp bookmakers and exchanges.
In addition to odds comparison, it can also automatically calculate the optimal stake for you for each bet, based on your pre-determined staking plan.
Even better, it can also open up the bookmaker websites on the correct event page, with your stake already entered, leaving you to simply place the bet.
Once the bet has been placed, the software will then log your bet as pending. Once the match is complete, the software will mark your bet as either a win or a loss, and record the result in a profit tracker automatically.
Value betting software does all of the boring parts (finding bets and tracking wins/losses), leaving you to focus on the profitable part (placing bets)!
What should you consider when choosing a Value Bets Finder?
Here are the most important factors to consider when selecting your value betting software.
The whole point of doing value betting is to make money, so you don't want to fritter away your winnings on an overly expensive service.
However, a good service can save you a lot of time searching for and tracking bets, which means that you can spend more time placing bets.
This leads to higher profit and therefore a good value bets finder will easily pay for itself.
Number of Bookmakers
More bookmakers means more potential value bets, and therefore greater potential profits.
However, just because a particular software package covers many bookmakers, it doesn't necessarily mean that these bookmakers operate in your country and that you can access them.
Number of Sports
Much like the number of bookmakers, the more sports a particular service covers, the more value bets there will be on offer.
Bet Tracking Capability
As I mentioned earlier, finding value bets is only half the battle. A number of value betting software find value bets for you and then don't help you any further.
In reality, you will potentially be placing tens of bets each day, and keeping track of them will become quite a time consuming job.
If you try to keep track of them in a spreadsheet, you will spend more time recording the details of each bet than you do placing the bet! Alternatively, you could decide to not track your bets, but then you have no real measure of whether you are making money or not.
A good tool should log your bets once they have been placed, record the outcome (win/loss) once the match is complete, and provide graphs and statistics of your ongoing performance.
Best Value Betting Software
Now that we know what we should be looking for when choosing a value betting program, let’s compare the best ones out there.
In my opinion, the best value betting software are:
- Trademate Sports
- Breaking Bet
Let’s compare them in detail now.
OddsJam (US Only)
The table below compares each of them in more detail.
OddsJam (US Only)
30 (good for US)
*Note: RebelBetting is currently offering a 2 for 1 coupon for readers of The Arb Academy! Get 2 months for the price of 1 when you sign up via The Arb Academy. Find out how to redeem your discount!
OddsJam is offering a 35% off coupon for readers of The Arb Academy! Get 35% off your first month when you sign up via The Arb Academy and use the code TAA at checkout!
BetOnValue is currently offering 25% off their software for readers of The Arb Academy! Sign up for an account using my link above, then use the code ARBACADEMY25 at checkout!
RebelBetting and Trademate Sports are the best value betting software available, in my opinion. They both have superb, user friendly interfaces and they cover plenty of bookmakers and sports. Unfortunately, Trademate Sports is substantially more expensive than RebelBetting.
Unlike the other options, they track your bets and take care of all of the accounting for you, which will save you a lot of time and allow you to spend more time placing bets, increasing your overall profit!
If you are trying to do value betting on a budget, I recommend that you go with Breaking Bet. Breaking Bet support fewer bookmakers and don’t offer any bet tracking, but they are substantially cheaper at just €12 per month!
If you want more information, keep reading as I individually review each of these value betting sites!
1. RebelBetting - Perfect Balance of Cost and Features
RebelBetting has managed to strike the right balance between user friendliness, pricing and the number of features on offer in their value betting software.
Here are its main pros and cons.
RebelBetting Layout and Interface
Unlike RebelBetting’s surebetting software, their value betting program can be run either as a desktop application or entirely in your browser.
It is therefore compatible with virtually all devices and web browsers. Unlike their other software, there are no issues with Mac compatibility.
Upon opening the software, it is immediately clear that it has been designed and optimised for mobile devices. Despite this, it is still entirely usable and looks good on a desktop or laptop screen.
I think that optimising for mobile devices makes a lot of sense, as value betting is a lot simpler to execute than arbitrage betting (or sports trading). Arbitrage betting requires you to place a series of bets in rapid succession, locking in odds before they change.
Value betting, on the other hand, requires only a single bet be executed at once. If the odds change suddenly, you can simply pursue another value bet without fear of being exposed to losses.
Unlike arbitrage betting, screen real estate is less important with value betting, so you could definitely do it while on public transport or on your lunch break!
Anyway, the interface for the RB value betting software consists of 4 main tabs/screens.
- A ‘Bets’ tab that lists all of the currently available value bets that pass your filters.
- An ‘Options’ tab where you can set your filters for which value bets to display, select your staking plan and starting bankroll amongst other parameters.
- A ‘Help’ screen which acts as a manual to help you use the software.
- A ‘Tracker’ to do all of the necessary accounting for you.
The ‘Bets’ tab displays a list of the value bets that pass your filters, typically sorted by value percentage (this can be changed).
Clicking on an individual bet brings up more options and a recommended stake, based on your preset staking plan and your preferred rounding for that bookmaker.
You can adjust the stake manually if you like, then click on the bet button to bring up the bookmaker website and place the bet. Once finished, you can click the log button to log it in the built in Bet Tracker.
Starting bankroll and staking plan settings can be adjusted in the ‘Options’ tab.
Overall, the RebelBetting interface is simple and very easy to use.
Number of Value Bets Found
The RebelBetting software had around 150 bets on offer at any point during my testing, using the default filters with around 12 bookmakers activated.
By default, RebelBetting only shows value bets on matches that are due to start within 12 hours. This is wise as the betting odds usually become more accurate as a match start approaches.
This setting can be changed but be aware that the estimated value percentages have a high degree of uncertainty the greater the time until the start of the match.
Of course if you find yourself running out of value bets, feel free to experiment with increasing this from 12 hours to 16 hours or similar. I recommend that you keep it below 24 hours if possible.
RebelBetting’s built-in Bet Tracker allows you to easily keep track of all the value bets you have placed and their individual outcomes (win/loss).
After you have finished placing a bet, simply click the ‘Log’ button as discussed above. You will then be able to see a record of these bets in the ‘Tracker’ tab.
The software will automatically record all of the necessary details of your bet when you place it, then automatically update the outcome at the conclusion of the match.
This saves you a ton of time, as you no longer have to check your bet history in each of your individual bookmaker accounts and manually record details to a spreadsheet.
You can also access detailed statistics on the performance of all of your bets since the beginning of your value betting journey.
It is easy to see how your true yield compares to your long term expected value, your return on investment (ROI) since starting and much more.
The reports section provides graphs of your profit over time, as well as breakdowns of your betting activity based on various bookmakers, sports and betting markets.
The RebelBetting Bet Tracker works very well and saves you from spending a lot of time updating spreadsheets and checking on the outcomes of your bets.
Anything that can save you time on these tasks will allow you to spend more time placing bets and therefore make money in the long run!
RebelBetting offer two subscription types for their value bet finder. ValueBetting Starter costs €89 per month and covers soft bookmakers only.
ValueBetting Pro costs €179 per month and covers soft bookmakers plus sharp bookies, betting exchanges and betting brokers.
If you are just getting started with value betting, the starter package will be enough for you. Once you find that your soft bookmaker accounts are starting to get limited, consider moving onto the Pro package.
This will allow you to keep value betting without fear of being limited, as these companies don't limit winning punters.
However, I have some good news! RebelBetting is currently offering a 2 for 1 promotion for readers of The Arb Academy! From now on, you can buy 2 months but only pay for 1! Find out how to access this discount.
They also have a 14 day free trial, which you can access using the button below!
If you want more info, check out my full RebelBetting value betting review!
2. OddsJam - Best Value Betting Software for the US
OddsJam only came to prominence in late 2021, but has quickly dominated the value betting market in the US, thanks to their extensive coverage of US sportsbooks, large number of value bets, and excellent user interface.
OddsJam Layout & Interface
Like the other software in this list, OddsJam runs entirely in your web browser, there’s no need to download anything at all.
For me, layout and interface is extremely important when it comes to value betting software.
Thankfully, the OddsJam interface is excellent, actually one of the best that I have ever seen. OddsJam seems to have been built initially as an odds comparison tool, so it has been built with the interface in mind from Day 1.
The software itself consists of 4 main sections:
- Odds comparison
- Betting tools (profitable bets)
- Bet tracker
The most important part of these are the betting tools, which includes arbitrage bets, middles and value bets (they refer to value bets as positive EV bets).
Note that with the OddsJam Industry Plan, you do get arbitrage bets and middles included for free!
The interface for the value betting is clear and easy to understand. The only real downside here is that they don't offer a staking calculator (based on the Kelly Criterion) here to help you calculate your stakes appropriately based on your bankroll.
If you do decide to use OddsJam, make use of my free Kelly Criterion calculator.
Number of Value Bets Found
To help compare the OddsJam software to the rest of the pack, I tested it to see how many value bets it could find.
It was able to find 22 bets at >1% EV. This may sound low, but remember that there are much fewer sportsbooks operating the US at the moment than there are in Europe.
For this reason, I still think that 22 value bets at any given point in time is a decent number.
As is essential with any decent value betting software these days, OddsJam includes bet tracking in their software.
There's two main parts to the tracker. The first part is similar to other software, tracking your wins and losses across all of your bets to give you overall statistics regarding win/loss ratio, average odds, overall profit, return on investment and more.
The stats even include info on your performance for each individual sport and sportsbook. All of this helps you refine your value betting strategy and ultimately make more money going forward.
The second part of the bet tracker gives you the capability to track your balances across all of your sportsbook accounts. This is great for bankroll management, which is an important part of profitable sports betting.
Few bet trackers include this functionality, so I'm pleased to see it in the OddsJam software.
OddsJam have two separate pricing plans:
- Arbitrage Plan - $99/month ($64.35/month with discount)
- Industry Plan - $249/month ($161.85/month with discount)
However, if you want to do value betting with them, you'll need to get the Industry Plan. It is expensive, but if you use the button below to sign up along with the code TAA at checkout, you can get 35% off!
OddsJam are the best value betting software for US sports bettors.
Still on the fence? For more information, check out my OddsJam review!
3. Trademate Sports - Premium Value Betting
Trademate Sports is a premium software option with a premium price tag. They market themselves to professional or semi-professional sports bettors, and they provide a wide variety of features not seen in other value betting software.
Trademate Sports offer both a Core and a Pro product, but I will be discussing the Core product here, as it is the most comparable to the other value betting software in this article.
Layout and Interface
Trademate Sports has an excellent, simple interface that has all of the necessary features for serious value betting.
When you log in, you can see your key stats at a glance:
- Fund growth
- Total profit
- Average ROI
- Number of trades
- Total turnover
You can also see a profit graph of all of your trades, as well as a breakdown per bookmaker. The profit graph also displays the expected value at the time of placing the bet, and the expected value based on the odds at the start of the match (known as the closing expected value, as it is based on the closing odds).
In the Tradefeed screen, you can see what EV+ bets are available, based on the filters you have selected. You can set multiple filter presets, and display them next to each other.
Selecting a bet will allow you to bring up the bet logging screen, where you can see the odds, recommended stake (based on your bankroll and Kelly settings), as well as the estimated edge and odds history.
The odds history is a novel feature that allows you to see how a soft bookmaker’s odds have compared to the benchmark (a sharp bookmaker) over time.
The Game Center screen shows the results of recently concluded matches.
You can also see your recent trades.
The help centre is packed with useful information to help you get started with value betting. There are e-books with general information about value betting, as well as tutorials to help you with specific aspects of their software.
Finally, you can access their Telegram service, which allows you to receive notifications about value bets via the Telegram app (a messaging service).
You can set up a specific filter preset for the types of bets you want to be notified about via Telegram, to prevent you from being overwhelmed with notifications.
Number of Value Bets Found
Trademate Sports support a large number of bookmakers and a decent number of sports, so they should be able to find a large number of value bets.
Their default, main filter preset only shows matches that are starting within 3 hours, which filters out most matches. Much like RebelBetting, this is done to ensure that there is greater confidence in the calculated edge/value.
At first glance, this makes it seem like there are not many value bets available, but by tweaking the filters, you can reveal many more bets.
An excellent feature of the Trademate Sports Core software is the bet tracking. Much like RebelBetting, they track the outcome of each of your bets, recording the wins and losses and calculating your profits accordingly.
In addition to recording the edge/value obtained at the time of your bet, they also record the value percentage based on the closing line (the odds at the start of the match).
The starting odds represent the most accurate odds as this is when the most money enters the market and when the most information is known about factors that may influence the outcome of the match (injuries etc).
By recording this closing EV, you can go through your bet history and identify patterns where you placed EV+ bets that ultimately became EV- bets at the start of the match. If this is occurring routinely on a particular sport or bookmaker, you should tweak your strategy to place fewer bets of this type.
Conversely, if there are bets where the EV routinely increases on the closing line, you should try to place more bets of this type. This type of analysis is not available in any other value betting software; it is unique to Trademate Sports.
As mentioned before, Trademate Sports offer a Core product and a Pro product. The Core product is the most comparable to the other value betting software in this article (as it uses soft bookmakers to take value).
Trademate Sports Core costs €120 per month, or €300 for 3 months. This is considerably more expensive than the other software packages reviewed in this article.
To be honest, it is not that different to RebelBetting. It has a nicer interface, plus the analytics tool and the Telegram service, none of which are offered by RebelBetting.
However, none of these extra services are essential to value betting. The two most fundamental aspects of a value betting software are the ability to consistently find value bets, and built in Bet Tracking.
RebelBetting and Trademate are perfectly capable of both of these.
I recommend that you try out the Trademate Sports free trial and see if you like the extra features. If you don’t really need them, I recommend that you go with RebelBetting!
Want to learn more about the Trademate Sports Core and Pro packages? Check out my full Trademate Sports review!
4. Breaking Bet - Budget Value Bets Finder
Breaking Bet is a new player on the value betting scene, having officially released their software in 2018.
What it lacks in features, it makes up in its remarkably low price.
Layout and Interface
The Breaking Bet interface is very simple, and that’s something I really like about. Whether you’re a beginner or an experienced value bettor, you will be able to figure out how their software works within a few minutes of getting started!
Each match with a potential value bet is displayed as a new row.
The profit margin, time since discovery, bookmaker, match start time, relevant odds and more are all displayed.
The most profitable value bet for that match is shown in the main display, but you can click on ‘all arbs’ (this must be leftover from their arbitrage betting software) to access value bets with other bookmakers for the same match.
There is an option to bring up a betting calculator, but this is an arbitrage betting calculator rather than a value betting calculator, so it’s of little use to us.
You will have to do the stake calculations manually yourself, as there is no way to save a staking plan in the software.
Considering how cheap the software is, this is not surprising.
There is some limited functionality for filtering and sorting the value bets based on bookmaker and sport as you would expect. You can also filter based on profit margin, time to match start and a few other parameters.
Other than that, the Breaking Bet layout and interface is remarkably simple.
Number of Value Bets Found
During my testing Breaking Bet were able to find around 100 value bets, which is excellent for a software that doesn’t cover too many bookmakers.
Value Betting Bet Tracking
As expected for such a low price, Breaking Bet unfortunately do not offer any bet tracking as part of their value betting service.
The major selling point of Breaking Bet is their very low price. They charge only €12 per month for their prematch service, plus an additional €6 per month if you want to include live value bets.
You can save around 10% on renewals relative to the original sign up price, which is an added bonus!
As long as Breaking Bet cover a decent number of bookmakers that operate in your country, I think that they are an excellent option for those who are value betting on a budget!
5. BetOnValue - Expensive and no Bet Tracking
BetOnValue offers a decent value betting software package, but is hampered by a complex interface, lack of bet tracking and expensive monthly subscription fee.
Software Layout and Interface
I find the user interface for BetOnValue fairly confusing, and I have reviewed and tested a lot of different arbitrage and value betting software.
The main value bet feed is displayed in the main panel, with information about the match, betting market, probability of the outcome occurring, value and expected return as a percentage.
If you find a value bet you are interested in, you have two options. If you click on the odds, you are automatically directed to the bookmaker website with a betslip open, but this entirely bypasses the betting calculator step where you normally calculate your stakes.
If you click on the match, it brings up a screen with the odds from all bookmakers for that particular match and betting market. However, it shows far too much information on this page.
For example, if I select a value bet that is based on the total score being over 5.5 for a football match, it brings up all of the odds for all under/over markets for that match. For example, it will show over/under 0.5, 1.5, 2.5, 3.5 and 4.5 in addition to 5.5. It also shows the odds from every bookmaker that permits bets on these markets.
As a result, you have to scroll through pages of irrelevant odds and bookmakers before you can find the right bet. The right bet and odds aren’t even highlighted, making them even more difficult to find.
You can see below how long you have to scroll sometimes to find the right odds.
There does not appear to be a betting calculator built into the BOV value betting software. Or if there is one, it is not easily accessible.
One thing I do quite like is the way that when you click on any odds on their site, they display a graph of the historical value of those odds. This is useful when analysing trends in the market.
Number of Value Bets Found
During my testing, I found that BetOnValue was able to find an incredible number of value bets, in the thousands.
It is difficult for me to verify the accuracy of so many bets, but superficially the software seems to find a lot more value bets than the other free software packages that I have reviewed.
The huge number of sports it covers plus the wide variety of betting markets results in a large number of value bets on offer at any point in time.
Value Betting Bet Tracking
There does not appear to be any bet tracking as part of the BOV value betting software. This is a shame, as the accounting and bet tracking side of the software is just as important as the bet finding part, in my opinion.
It’s a shame BOV hasn’t made the effort to include this as part of their software, especially considering the high price they demand for their service.
BetOnValue has a 2 tier pricing system.