Using bots and maths to beat the sportsbooks

Hacker News

I have recently developed a bot capable of simultaneously scanning over 140+ sportsbooks around the globe. It analyzes millions of odds in real time and uses this data to find overpriced odds. The logic behind it is straightforward: it uses odds from all sportsbooks to calculate the probabilities of an event occurring. Then, with simple maths it determines if the expected value is positive, meaning the potential payout exceeds the risk. Unfortunately, sportsbooks limit your accounts once they realize that you are profitable and not a losing customer. So I have already been limited at more than 15 sportsbooks, but in the process I have made a substantial amount of money. Some months closing at over $5,000 worth of profit. The bot supports most sportsbooks from the US, UK, EU, Canada and Latin America and finds hundreds of these opportunities per day and sends them to a Discord channel. Beyond finding +EV bets (positive expected value), it can also identify arbitrage opportunities (surebets), allowing us to bet on all the outcomes of an event for a guaranteed profit. I’d love to hear your thoughts about it!

Visit product View on Hacker NewsOct 30, 2023

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