Rebelbetting Review 2014/2015

Aug 06 2014

RebelBetting Review 2014/2015

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RebelBetting is a Windows application to detect and deliver sports betting arbitrage opportunities. It was developed by Clarobet AB, a small team of software developers and sports betting specialists in the north of Sweden. It all began in late 2007 when two programmers and two poker players started developing the application. In 2009 they had users from 60 countries and were nominated to the Young Entrepreneur award. RebelBetting now have users from over 120 countries.

Main features

RebelBetting collects odds and displays arbitrage opportunities from 54 bookmakers. The software tries to make arbitrage betting as easy as possible, suitable for beginners and professional surebettors. RebelBetting only focuses on pre-match arbing.

They cover 10 sports and 7 markets, as shown on this table:

Sports	Markets
Tennis Soccer (Football) Basketball American football Hockey Rugby Union Rugby League Aussie rules Baseball Politics	Moneyline 3-way Asian handicap European Handicap Double Chance Over Under Cross Market

The refresh rate is only 1 second on selected Betfair odds and 15 seconds on all other Betfair odds. Other bookmakers are scanned once a minute but is going to be improved in their next major release.

Special features

One of the most remarkable functions about RebelBetting is its Auto-login and Auto-surf feature, where the software will automatically log you in to the bookmaker, find the correct sport, league and market, and the participant and odds highlighted for faster access to the arbitrage. This requires telling RebelBetting you username and password on all bookmakers, something not everybody will be comfortable with.

The arbitrage window shows all arbs available based on current user settings. Each arbitrage is shown a row including the arb percentage, time until the event starts, the arb age, event participants and each outcome. In general arbs can be played using more than one bookmaker (with different arb percentage). To view all available arbs for the same event and market, you can click on the plus sign to expand the view. You will see other options (odds from different bookmakers for the same market). As you select different odds, arbitrage percentage are re-calculated and shown.

RebelBetting claims to detect and display possible dangerous situations. Below is a list of the warnings that can be seen in RebelBetting, and what they mean.

Risk for palpable error: A bookmaker can cancel your bet, claiming it was a palpable error (commonly known as a palp) This can occur when a bookmaker has made “an obvious mistake”, such as reversed the odds of a match or some other kind of accidental error made while quoting the odds.
Reversed participants: This notice is just to let you know that the order of the participants might not be the same on both bookmakers. This could happen for instance if a match is played at neutral ground and no team is the home team.
Mixed rules: Bookmakers in the arb have different rules regarding tennis matches.
Stake kidnapping: This warning identifies bookmakers that sometimes void part or all of your bet, after placed.
Same bookie: This notice is displayed when selecting an arb where two or more outcomes in an arb are on the same bookmaker.
Baseball notice: This is just to warn users that the bet is on a baseball match, to remind users to take care about starting pitchers and date and time of the game.
Not logged in to Betfair: If you are not logged to Betfair, Betfair odds will not be displayed.

Users can set several alarms that will sound or show on specific situations. RebelBetting can play two different sounds when arbs are above certain percentage, and another sound to notice middles. It can also display a balloon, flash window or bring it to front depending on the arb percentage.

Subscribers can download the free e-book that tells you everything you need to know about placing sure bets. Paid subscribers have access to a more detailed e-book.

Filters

RebelBetting manages three types of filters: arbitrage, bookmakers and market filters.

Arbitrage filters include:

Filter arbitrages between a minimum and maximum percentage.
Filter arbitrage based on its reliability (low, medium, high).
Filter arbitrage on exchanges based on volume. Users can set a minimum profit for Betfair, BetDaq and Smarkets.
Users can chose to show middles above a certain arbitrage percentage (which can be from -5% to 5%).
Users can hide certain arbs: with the same bookmaker on two legs, with three outcomes, starting too soon or too far, too old, and with or without lay odds.
Arbitrage with mixed rules on tennis can be shown or not.

Bookmakers filters let users choose which bookmakers are to be considered on arbs. Bookmakers can be optional or required.

Market filters let users choose which sports and markets will be considered.

These filters are established in the settings page, under the filter option. However a quick filter bar allowing to change the minimum arb and a required bookmaker is available on the main screen.

Customisation

Users can customise bookmakers to be used for pre-match arbitrage. As already stated, bookmakers can be optional or mandatory. For example, if you have most of your bankroll on a specific bookmaker, you can decide to force this bookie on all arbs displayed (set it as mandatory) and leave other bookies as optional.Bookmaker setup is much more than just choosing which bookies you want to use.

You can set your auto-login details (username and password), and chose the url to the web site (some bookies offer various options). You can also set the bookmaker currency, the preferred rounding, and tax (on stake or profit) and commission information.

Users can also set their default currency and stake (for calculation) and odds format (decimal, fraction, US). Regional settings include choosing the timezone and the language, among the following: English, Swedish, Spanish, Portuguese, Italian, Deutsch, Greek, French, Japanese and Korean.

Calculator

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 RebelBetting will calculate other stakes, the arbitrage percentage, return on each bet and profit (or loss).

The calculator allows users to change the odds, and supports different currencies, commissions and rounding. By default all outcomes will generate the same profit, but users can check which outcomes to maximise (this can be one of the outcomes or two in a three legs arb)

Support

Customer support can be contacted by email and they provide a very quick response. RebelBetting participates in Arbusers forum where they post information and answer users questions. In this forum they have a specific board with 5 threads at the time of our review. There is also a user manual available online and a faq page with lots of useful information.

Subscriptions plans

RebelBetting offers only two subscription plans:

Free subscription: the maximum arbitrage shown is 0.6%. No cross market arbs or middles are displayed.
Paid subscription: this subscription includes all functionality. Its price is 129 EUR per month.

They offer other options for short or extended subscriptions:

1 week: 39 EUR.
6 months: 89 EUR per month (must pay 499 EUR for the first 6 months).
12 months: 69 EUR per month (must pay 799 EUR for the first 12 months).

Payments can be done by Skrill, Credit card or Neteller.

Next improvements

RebelBetting has worked on an in-play alert service. They already have a working prototype and they are evaluating releasing a beta depending on users demand.

RebelBetting is working on improving odds scanning. Next major release will reduce scanning interval to 10-20 seconds.