Thursday, November 21, 2024

Sport Betting Software – Analytics, Prediction Sites, and Other Useful Tools

Staff Writer in Soccer Betting Strategies 14 Jul 2022

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A lot of the heavy lifting of online betting can be streamlined and improved with sports betting analysis software – you just need to know where to look. It’s the 21st century, after all, and there’s an app for everything out there. Footy wagers are no different.

So what apps, sites, and software can help you with your online betting strategy? How does it all work, and is it even useful in the first place? That’s what we’re here to find out.

What is Sports Betting Software?

Before we begin, we’ll have to clear up a few things to avoid misunderstanding.

When some say sports betting software, they may be referring to several things. The first and obvious answer are things like mobile bookmaker apps. In other words, software that lets you bet on sports. While such apps are incredibly useful to us punters, that’s not what we’ll be covering in this article.

Also, sports bet software could refer to software companies that provide bookmaker sites with the software they need. Again, this isn’t strictly what we’ll be talking about.

We’re instead talking about “third-party” apps that are useful for betting. Software that can help you analyze bets and sporting events, easily compare odds across multiple sites, or otherwise get better results. It’s a nebulous term, sure, but this just means our list of top betting apps features something useful to everyone.

If you’re looking for bet analysis apps, algorithms, and other useful tools, you’ve come to the right place. Here’s what we managed to dig up.

A short disclaimer before we begin – football prediction software is not a 100% foolproof way of predicting outcomes. As you probably know, football predictions are not an exact science. No prediction tool can overcome that fact. However, using some of these tools can increase your chances of winning. Assuming, of course, that you know how to use the presented information.

Top Football Prediction Software

Now that we’ve introduced the idea, let’s get down to the list itself.

StatisticSports

StatisticSports is a paid online football prediction service. You might be rolling your eyes now – not another online tipster “guru”. However, tips are not what this app is all about. Sure, there is a certain element of providing football betting tips. More importantly, though, StatisticSports collects and aggregates data that can be useful for sports betting. It does not, however, simply offer you the answers on what, when, and how to bet on.

StatisticSports provides you with the data. What you do with that data, however, is entirely up to you. You can use it to spot opportunities for arbitrage betting. You can use it to predict odds drifting and make use of it on betting exchanges. Or you can simply use it to highlight betting offers with decent betting value.

This prediction software’s 5-year historical database is used to make pre-match statistics. It also collects all sorts of useful data such as previous performances, head-to-head statistics, top bookie odds, and so on.  Basically, StatiscticSports takes all the info you might need as a punter and wraps it up in a nice, digestible format.

The downside is that this product’s target audience are tipsters, not necessarily people looking for football betting tips. In other words, the idea is to make your own, informed predictions. They are never served on a silver platter. It can take some time and effort to figure out how it all works. StatisticSports has many features and functions, and navigating them all is not easy. The official site does a good job at guiding you through it all, but it’s still worth mentioning.

Surebet

If you’re looking for something more beginner-friendly and with a better free option, Surebet.com is a great option. This little site is as straightforward as they come. You are given a list of betting offers on bookmakers that have positive betting value. Theoretically, betting only on bets with positive value will bring profits in the long run.

This football prediction site also tells you where to bet on certain selections. After all, betting value depends on the odds, and not all sites offer the same odds for the same outcome.

The problem arises through the simple fact that this site’s goal is to “beat the bookies.” Basically, finding value demands that the site’s algorithm predicts the probabilities in a certain match better than the bookies themselves. That’s not always something you can count on, as you might imagine. After all, bookmakers have decades of experience. And you can bet that they have software and algorithms of their own.

On the bright side, Surebet always specifies on which sites the value can be found. One way of confirming its findings is comparing the odds to what all the other top bookies are doing. If the difference in odds is considerable, you may have stumbled into a great opportunity.

In our experience, Surebet is best used to help you highlight potentially profitable matches and opportunities. Beyond that, however, you’ll need to use your own judgment.

As a reminder, betting exchanges like Betfair are a great way to get the bookmaker margin as low as possible!

OddsJam

Many football prediction software tools rose and fell over the years. Few are quite as big and as renowned as OddsJam. We’ll start by pointing out the biggest drawback to this service – the price. At just under $100 per month, it’s hard to imagine anyone but the most hardened of punters using this software. It’s a premium service with a premium price tag.

To be fair, though, you get a lot for your money. The most famous feature is its arbitrage betting software. As the name implies, it finds and suggests betting arbitrage opportunities across hundreds of online bookmakers. Since this is pretty much the only guaranteed way to beat the bookies, we see how it might be useful.

That’s just scratching the surface of this offer, though. You also get a healthy supply of positive expected value football bets. The software even highlights which bets have the lowest bookmaker margins. That way, even if you’re not strictly advantage betting, you can be sure that you’re getting the best deal possible.

Other features of OddsJam software include betting calculators for arbitrage, expected value, and even free bet offers. You can use this last tool to make sure you can actually profit with bookmaker bonuses despite wagering requirements.

This is a big, robust, and extremely useful set of software tools for sports betting. The implication is that the winnings you can get through using them will be more than enough to cover the huge subscription fee. If that sounds plausible and you’re ready to seriously invest in your betting strategies, OddsJam is for you.

Transfermarkt

On the completely opposite side of the spectrum, we have a completely free site. Football fans and punters alike are probably familiar with this one. Either way, it’s worth pointing out just how useful Transfermarkt can be for betting.

Ever wondered how betting prediction software works? It simply aggregates data and uses it to assume the likelihood of certain outcomes. It then compares that likelihood to betting odds offered and uses it to find value. That’s more or less how betting odds are set by bookies in the first place.

All of this data is available for free at Transfermarkt. Performance records, player transfers, head-to-head statistics – you name it. The problem? It’s up to you to make predictions from the data. And extrapolating actual predictions from this data is not easy at all. You need knowledge, experience, and a deep understanding of how betting value works.

In short, Transfermakt wasn’t necessarily designed with betting in mind. It’s the world’s premier resource for sports fans – we’re merely using it to bet. After all, figuring out the probability of a bet is nothing if you don’t compare it to the odds on offer at various betting sites. That will require either legwork or a different service, but it’s very much possible.

Does Football Prediction Software Work?

Sometimes it does, depending on the software. That’s the short answer. The long answer is much more complicated.

Good betting prediction software works because it’s founded on solid logic. Using quantifiable data to predict the probability of certain outcomes is the cornerstone of setting odds and making predictions. However, the problem is that this kind of system attempts to beat the bookies at their own game. Bookmakers use the same systems and algorithms – and they’re probably better at it than some random piece of free online software.

Our suggestion is to keep an eye on what the sports betting software is doing. If it aggregates data, presents it to you, and draws conclusions based on this transparent info? Great! It’s not a guaranteed way to make millions, but it can improve your performance as a bettor.

On the flip side, be wary of software that promises too much too easily. If a tipster or prediction app tells you it guarantees winning, it’s probably lying.

That pretty much covers everything you need to know about soccer analysis apps and software! If you need a way to use what you learned, try a low-margin online bookmaker like William Hill.

ABOUT THE AUTHOR

Staff Writer


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