OddsMonkey’s powerful new Edge Finder tool is here to revolutionise your value betting, tracking down positive expected value bets that will make you profits in the long-term, with no lay betting required.
It’s designed to simplify value betting, making it easier than ever before to make consistent profits. Whether you’re an experienced value bettor or looking for the easiest way to get started, you’ll appreciate the Edge Finder’s user-friendly interface and low variance.
Currently, the tool works with football and basketball, but it’s been designed with expansion in mind – so you can expect more sports to become available in time.
One of the best things about the Edge Finder is that there’s next to no learning curve. If you’ve used our Extra Place EV tool in no lay mode, you’ll feel at home with the Edge Finder almost immediately.
But even if you’re brand new to value betting, you’ll find that the straightforward layout and intuitive design allows you to feel comfortable within just a few minutes of opening the tool.
We’ll take you through exactly how the Edge Finder works in this post, when to use it, and a few of our top tips to make the most of it.
How Does Edge Finder Work?
The Edge Finder works by constantly searching for bets with positive expected value at bookmakers, usually that have been mispriced or that haven’t yet been updated to match the prevailing odds. Of course, these bets aren’t guaranteed to win – but they offer long term profitability.
Suitable bets are listed in the Edge Finder and ranked according to their EV%, meaning that you see the most valuable bets first. There’s no need to run any calculations for yourself to assess what bets are worth placing – the tool does all this work for you.
Each bet displayed in the tool shows everything you need to know:
- The event
- The market
- The bookie
- The selection to bet on
- The current EV%
- The recommended stake
This tool is specifically designed to be user-friendly and easy to get to grips with.
Even if you’ve only ever used the OddsMatcher before, you’ll find that the Edge Finder feels familiar, and you’ll be placing bets with confidence in a matter of minutes. Without cluttering your view with masses of detail, it gives you everything you need to know in a single glance.
How To Make The Most Of The Edge Finder
The Edge Finder is designed to be easy to get the hang of and quick to use – but there are still a few ways to maximise your efficiency.
Each bet listed will look something like what you see below:
The details listed are as follows:
- Sport – either a football or a basketball is shown, to indicate the sport (more sports to come in the future)
- Match – the event you’ll be betting on
- Market – the market for the bet you’ll be placing, e.g. Match Odds or Over/Under
- Selection – the specific selection you’ll be betting on within that market
- Starts – the date and time of the event
- EV % – the expected value % of the bet shown, which effectively corresponds to the long term value you’d take from a £100 stake. E.g. in the example above (123.08%), the long term value of a £100 bet would be a profit of £23.08. So long as this figure is over 100%, the bet holds positive expected value.
- B. Odds – the odds available with the bookmaker
- Stake – your recommended stake based on your bankroll and Kelly % preference
- Bookie – the bookie to place your bet with
Click the calculator button for any bet to view a little more information, including the fair odds, and to store your bet in your Profit Tracker once you’ve placed it.
Click ‘Store & Remove’ to store the bet in your Profit Tracker and to hide it from your Edge Finder results, so your view isn’t cluttered with bets you’ve already placed.
A note on your recommended stake: this is based on the Kelly Criterion, which balances your available bankroll and preferred degree of risk to produce an optimal stake to grow your bankroll without exposing you to excessive risk. By default, this will be set to 0.25 in your settings.
Above the main set of results is the alert feed, which sends you notifications of potentially profitable bets in real time. You can use the filters at the top of the page (e.g. EV > 110%) to narrow down the alerts that come through to you. Click an alert to load the bet into your table view, allowing you to assess the bet and place it swiftly, before the odds are updated.
For best results, we recommend refreshing the tool regularly, particularly immediately before you place a bet, to double check that the EV% is still worth taking. Markets change rapidly, especially during busy times, and it’s crucial to ensure that the bets you place still hold value.
We also strongly advise you to double check the exact market you’re betting on, especially if you’re less familiar with more obscure markets. Asian Handicap and European Handicap markets are easily confused, for example, and it can be easy to mix up full time and half time markets at first glance. A quick check before you confirm your bet could avoid a costly error.
The Best Time To Use The Edge Finder
There isn’t a bad time to use the Edge Finder, but it’s certainly true that some times will offer more and better opportunities than others.
As with other kinds of sports betting and value betting, weekends and evenings are the busiest times and therefore offer the most opportunities. Markets are changing rapidly at these times, especially close to the start of an event, which means that the likelihood of pricing discrepancies becomes higher.
However, that doesn’t mean there’s no value to be had outside these times. It’s not uncommon to find pricing discrepancies several days in advance of a match – though you are still likely to find the best value bets shortly before the start of an event, ideally within a few hours of kick off.
Because there’s so much betting activity immediately in advance of a match, your bets are also much less likely to attract the bookie’s attention, meaning you’re likely to keep your accounts healthy for longer.
That said, there’s more than enough flexibility around timings to allow anyone, no matter their schedule, to get excellent value from the Edge Finder, whether they’re betting strategically and consistently or just placing a few good value bets when they have a free moment.
Top Tips For Successful Edge-Finding
It isn’t difficult to learn the basics of using the Edge Finder – but there are still some best practices you can apply to ensure you get the very most of it. Follow the below tips to maximise your profits while protecting your bookie accounts:
- Resist the temptation of high odds
High odds offer higher returns, but they have two main downsides: higher variance, and the potential for greater bookie scrutiny. By default, the maximum odds of bets shown in the tool are set to 5.0, because lower odds will keep your results consistent, as well as helping you to fly under the bookie’s radar.
- Double check your markets
Some markets recommended by the Edge Finder can appear similar but are actually very different, such as the European and Asian handicap markets. To ensure the EV you see is accurate, always make sure you’ve double checked what kind of bet you’re placing before you place it.
- Refresh regularly
You’ll find that markets move quickly and that odds change frequently, especially during busy times, and in the run up to an event. Make sure to refresh the software regularly to avoid making decisions based on out-of-date information, and always immediately before placing a bet, to ensure that the odds and EV you see are still accurate.
- Use the Kelly stake recommendation
It’s common for people to stick to the same stake every time, but this isn’t the most effective way to bet. The Edge Finder has stake recommendation built in, based on your bankroll and the Kelly percentage you choose in your settings. Follow its suggested stakes to make the most of the bets you place without exposing yourself to excessive risk. A Kelly percentage of 20-25% is a good level for new users, allowing you to grow your bankroll at a sensible, steady rate.
- Spread your bets across a range of bookies
It can be tempting to stick with a few of your favourite bookies, but you do risk attracting unwelcome attention if you make too many valuable bets from just a couple of accounts. The Edge Finder integrates with almost 100 bookmakers, and you should take full advantage of this by spreading your betting across as many as possible. This keeps each account healthier and reduces the likelihood of being gubbed.
Follow these tips to get the most out of the tool, maximising your profits while keeping your risk to a minimum.
Summary
The Edge Finder is our simplest value betting tool yet – but that doesn’t mean it compromises on profitability.
It has all the advantages of value betting, with no need for lay bets, exchanges, or complicated calculations, while maintaining low variance to optimise your long-term profits.
Because no offers are involved in your betting, you can make use of gubbed or restricted accounts, and plenty of profitable opportunities pop up all the time.
Whether you’re an experienced value bettor, or just starting to branch out from Matched Betting, the Edge Finder’s simple yet powerful technology is what you need by your side.
