BetOnValue Review 2014/2015
BetOnValue.com is an online service providing surebet alerts among other betting related services, including odds comparison (live and prematch) and odds history. BetOnValue.com belongs BetBrain Ltd and was launched in May 2000 in Denmark as a spin off from a Danish web technology company. Their website was redesigned in November 2012 and offers fast and very detailed information about odds, surebets, and valuebets.
BetOnValue displays odds, surebets and valuebets, for live and future events. BetOnValue collects odds from more than 170 bookmakers and exchanges. The service brings an amazing number of sports and markets in an easily navigable design. There are 65 sports, and markets, depending on the sport, can be more than 100 (for example, considering football, the most complete of all).
They also cover a high number of cross-market surebets. Regarding periods, they cover full-time (with and without overtime), 1st and 2nd half, 1st to 5th set, 1st to 4th quarter, different innings and many other options depending on the sport.
Odds are collected from different sources, depending on what the provider offers. If they give more options, BetOnValue takes the fastest/most reliable one. They only take odds through third parties when they have no alternative, for a couple of Asian bookmakers, otherwise they collect them directly.
The refresh rate depends on the bookmaker. For upcoming events requests are made every 60 seconds on average. Normally, the providers listed under Standard Bookmakers and Exchanges are the most reliable, as BetOnValue has direct communication with them and they provide with their best solutions. For all In-running events, the refresh rate is much closer to real time, with delays of 1-2 seconds on average, with an imposed maximum of 5-8 seconds
Whether you are on the odds, surebets, or valuebets window, BetOnValue can drive you to the bookmaker web site and select the event and market to place the bet, just by clicking on the desired odds. Depending on the bookmaker you will have the bet slip already filled or you will have to do it by yourself.
Besides arbitrage detection, BetOnValue also offers odd comparison and odd history. Users can see the history of every odd, since first detected at BetOnValue in a graph showing odds evolution. When showing odds evolution for a specific event, users can chose the market, period, parameter (spread in AH or goals in OU), the bookmaker (or maximum or average) and the outcomes to display (such as over, under or both). They can also adjust the time range to include in the graph.
Users can also compare odds from different bookmakers, by clicking on the event and selecting the market of choice.
BetOnValue offers an accounting application (BetOnValue Accounting) to record bets and other transactions across your bookmaker and wallet accounts. You can record each bet from BetOnValue.com odds tables and manage other transactions such as deposits or withdrawals. Each bet can include information about sports, leagues and betting types and the application includes some basic accounting and betting reports.
The arbitrage window has a filter section on the left where users can determine the conditions to select arbitrage opportunities.
Users can specify the minimum and maximum arb percentage. The minimum allowed arbitrage can be chosen from the following: 0%, 0.2%, 0.5%, 1%, 1.5%, 2%, 3%, 4% and 5%. No negative arbitrage can be chosen. The maximum allowed arbitrage can be chosen from: 0.2%, 0.5%, 1%, 2%, 3%, 4%, 5%, 6%, 7%, 8%, 9% and all. These limits allow to prevent palp errors.
BetOnValue can consider all available events or just the ones that will be played in 2 hours, 12 hours, 1, 2, 7, 30 or 90 days. As arbers we don’t want to keep our money stuck on a bet for a long time so we could chose to display only events for the next 2 days.
Another filter enables users to choose to show only non-live events, only live events or both.
The filter section also allows users to choose bookmakers, sports and markets. Only bookmakers that have previously been selected in the user preferences are available to choose, and users can also set minimum and maximum odds for each of the selected bookmakers. After choosing sports, users can select from the list of available markets for these specific sports. The number of markets is so big that selection is not easy. In fact, full market names are not displayed and you need to hover over the name to see the full description.
In the arbitrage window, users can dismiss the information they no longer want to see by filtering the unwanted odds. They can filter all odds values for a particular bookmaker, event, market and outcome, or a specific value for these odds (if odds change they will be show again). Dismissed information can be shown again by removing the applied filters.
They don’t have filters for same bookie, but this feature is in their To Do list.
Users can set personal information (name, last name and country), change email and password, choose preferences and select bookmakers.
Preferences include: remember me, sound alerts for live matches, sound alerts for surebets, newsletters, valuemail, currency, timezone and odds format (UK, US, EU, IN, MA, HK).
Users can customise bookmakers to be used. Bookmakers are optional (you cannot choose mandatory bookmakers to be considered on all arbs). The bookmakers you select are saved in your profile and can be later used in the filter section in the surebet window. For each bookmaker you can specify the currency and some of them (exchanges on a few other) allow commissions (currencies and commissions will be used in the calculator). Bookmakers are categorized as standard (38 books and 4 exchanges), and extra (144 books and 1 exchange). The number of books and exchanges and their category can change over time.
Every surebet can be calculated on the built in calculator. Users must specify the total stake or the stake for one of the bet legs (outcomes) and BetOnValue will calculate other stakes, the arbitrage percentage, return on each bet and profit (or loss). The calculator allows users to change the odds (by selecting another bookmaker or just writing a new value), and also supports different currencies and commissions.
The calculator performs automatic rounding that cannot be disabled.
Customer support can be contacted by email and they provide a very quick response. Although there is no user manual, they have a Help area with information about how to use the site.
BetOnValue offers 3 subscription plans:
Advanced subscription: it has 20 minutes surebet delay and does not include exchanges. Bookmakers available are all standard bookmakers and 10 extra bookmakers. Its price is EU 10 per month
Expert subscription: it has 3 minutes surebet delay. All bookmakers are available. Its price is EU 50 per month
SureBet Pro subscription: it has no surebet delay. All bookmakers are available. Its price is EU 150 per month
There is no free option at BetOnValue.com, but if you wanna try for free, you can use BetBrain.com (from the same company). BetBrain.com offers real time odds for free. Surebets and valuebets are also shown for free, with 20 minutes delay. At BetBrain you can only find samples of the full service that can be found on BetOnValue. Besides the 20 minutes delay, you don’t have any filters, and results are generated randomly (only 10 surebets or valuebets are displayed).
All plans include odds history and odds comparison and allow users to use the Accounting Application.
Payments can be done by Visa and Mastercard, Skrill and Neteller.
Currently BetOnValue does not have any kind of warnings for dangerous surebets, but they do their best to group only providers/bet types with the same rules, thus minimizing any possible losses. In terms of possible mistakes, they do have an automatic reporting system that alerts them of any possible mistakes in terms of odds compatibility. In addition, they monitor the page themselves for mistakes. However, they have considered such feature – Warnings – and hopefully they’ll be able to implement it in the near future.
At the moment they only offer alerts for new surebets that arrive on the page but they will consider adding more alerts by different criteria.
Supported bookmakers (as of August 10, 2014)
The list is huge. Besides 5 exchanges (Betfair, Betdaq, Matchbook, Smarkets and Betcruise), they offer more than 170 bookmakers. We preferred to show them in a picture.
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