Odds Potato Review
What is Odds Potato?
Odds Potato is a low-latency live (in-play) odds provider. Their service is recommended for advanced users who understand the risks of live arbitrage and Bonus Bets.
Risks
There are some risks associated with live arbitrage that are important to understand before trying it for the first time.
Line Movement
Live odds can move at any second and rarely stay the same for a prolonged period. The quick changing of odds can result in placing one side of a matched bet before you can place the second side, the odds moved. This can result in a bet that was an arb, no longer being one. This means that you are now at risk of losing money instead of making money. You can hedge at the new odds and take a loss or wait to see if they change again. Waiting is riskier as the odds may continue to get worse, resulting in a larger loss.
An example of how fast odds can move is an MLB game. You could place a bet on the first sportsbook when the game is tied, and the odds are +105/+105. After you place the first bet, a home run is hit, resulting in a large shift in odds. The odds for the opposing team on the second sportsbook may now move to -175. This went from a 2.5% arb to an 11% loss. Note that most TV feeds are delayed 30-60 seconds compared to feeds sportsbooks use, which are close to instant. This means that you cannot time your live bets based on what you see on TV.
Max Bet Amount
Using the same example of a +105/+105 arb from above, let's say you are trying to bet $1,000 on both DraftKings and MGM. If DraftKings accepts a $1,000 wager at +105 and MGM only accepts a $500 wager, you are at risk of losing money if the MGM side wins. You can risk it or find a third sportsbook to place the remaining bet on. Using a third sportsbook likely results in a small loss due to having worse odds. This mean you need to quickly determine the sportsbooks with the next best odds, the right bet amount, ensure you have enough money in that account, and then place the bet.
Pricing
Odds Potato has a relatively high price point, but the unique features offered can make it a very profitable tool.
- 7 day Free Trial using the link below
- $139 per month
Features
Let's examine the features provided by Odds Potato.
- Low latency live odds for real-time arbitrage opportunities.
- Adjustable bet sizing to seamlessly scale with your bankroll.
- Comprehensive Bet Finders for Arbitrage and Bonus Bets.
- Highlights sportsbooks with odds deviating from the average, helping you prioritize bets likely to shift first.
- Powerful filtering options by sportsbook, league, and game for a tailored betting experience.
- A ranking system based upon "strikes" that allows a user to target arbs that are more likely to last.
Pros and Cons
Pros
- Live odds with extremely low latency.
- Fully customizable visualizations and bet amounts to optimize efficiency.
- Advanced calculators and highlighting tools make spotting live arbitrage opportunities far easier than manual methods.
- Live matched betting appears to lower the risk of account limits compared to pre-game betting. Frequent 0% hold bets can also help you reach VIP status.
- A dedicated Discord server offers direct developer support and a community sharing tips, lessons, and insights.
Cons
- Risks outlined above.
- Price point may be a con for some.
Conclusion
If you’re familiar with the risks of live matched betting and are ready to dive in, Odds Potato is an excellent platform to consider. While the monthly subscription might initially seem steep, with a sufficient starting bankroll and an appetite for some level of risk, it can prove to be a profitable investment. At a minimum, take advantage of the 7-day free trial to determine if it’s the right fit for you.