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Frequently Asked Questions (FAQs)
If you cannot find the answer you’re looking for here, please contact us by clicking here.
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How does DoubleDown Odds work?Sportsbooks try to offer as many different bets as they possibly can, but they are not always perfect. They will often make mistakes and offer the wrong odds. These small errors, sometimes only 1-2%, compound into a massive advantage for sports bettors who recognize and act on the opportunity. DoubleDown Odds finds these mistakes and alerts you to them, so you can have an edge on your bets and significantly increase your profitability.
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How quickly do odds get updated on DoubleDown Odds?Odds are typically updated in < 200ms. We have the lowest latency odds in the industry.
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How much money can I expect to make?We can’t answer this question, because it depends on your specific bankroll, how fast your setup is for making bets, and a variety of other factors. Our experienced users have averaged daily 2% ROI, not including reward credits or other VIP bonuses.
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How long does this take per day?How long you spend placing bets comes down to your personal preference and what games are happening, but most of our users can be profitable by only spending 15 to 20 minutes per day when several games are on. However, the more bets you place, the more profitable you will be, so we recommend a few hours when there is a large volume of games per day for the best bets and opportunities.
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What is live betting?Live betting means wagering on sports while the game is ongoing in real time, rather than placing bets before the game begins. For more information on live betting and how it works, click here.
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Is live betting risk free?No, nothing is risk free, and all betting involves some risk. We recommend only betting what you are comfortable losing. While losses are rare, and we can reduce their likelihood through best practices and lessons learned, there are always the risks of technical issues, human error, and dealing with different sportsbook behaviors.
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How do you minimize risk?DoubleDown Odds finds small windows where sportsbooks offer overlapping lines that we can take advantage of for profit. We aim to minimize your risk through extremely low latency odds, as well as features like automatic bet sizing and optionally linking directly to the game page, so you can place bets in less time. You can also learn strategies from our guides and access our private Discord server for the most up-to-date tips and tricks from power users.
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What type of matched bets do you support?Our platform supports: Arbitrage Low Hold Free Bets/Bonus Bets Risk Free Bets Profit Boosts Qualifying Loss (If your bet loses, you get some sort of bonus)
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What is arbitrage betting?Arbitrage betting is placing wagers on opposite sides of the same sporting event, generally using two different sportsbooks. The bets must be placed at odds that guarantee a profit regardless of the outcome.
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Is arbitrage betting gambling?Arbitrage betting and matched betting are different from gambling, because you are betting on all possible outcomes. Assuming there are no human mistakes or technical errors, you will make a profit.
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Is arbitrage betting legal?Yes, arbitrage betting is legal. However, if a sportsbook detects your sophisticated betting techniques and thinks you will consistently win over the long term, they may limit you. The exact methods for determining who gets limited are not public knowledge, but through our experience we have determined that betting on main lines (moneyline, spreads, totals) on large market games during in-game play is one of the more effective methods for staying under the radar and avoiding limits longer. Additionally, the bigger the market (i.e. big pro sports like NBA), the less likely you’ll get noticed by a trader working at the sportsbooks.
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How do I know how much to bet?Our platform’s profitability threshold allows you to set the minimum profitability for different arbitrage or free bet opportunities, so when one meets your threshold, it will light up on the screen, with the required bet amounts prefilled on both sides. Our tool also pre-calculates bet amounts on both sides and aggregates the best two sides of the bet in one matched bet, so you don’t have to scan through a full odds screen to find the best book/odds.
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Will I get limited by sportsbooks?Any type of perceived edge against the casino can result in limits or promotion banning by the casino. Whether this comes from money won or types of wagers placed, the casinos can choose to reduce their risk whenever they want. The exact methods for determining who gets limited are not public knowledge, but through our experience we have determined that betting on main lines (moneyline, spreads, totals) during live games is the best method for staying under the radar and avoiding limits longer. You can also check out our Discord server to learn tips and best practices for avoiding limits from other users.
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What is Closing Line Value (CLV)?The closing line value is the value of a bet relative to where the line closes. For example, if you placed a bet on a line for +140, but when the line closed right before the game started it was at +110, you “beat CLV”. We recommend live betting, because you can’t beat the closing line value, and limits are more likely to come slower than with pre-game bets.
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Do I need to install anything on my computer?No, everything you need can be accessed through our website after signing up.
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What should I set my minimum/desired thresholds to?We recommend setting your thresholds not too high, but ultimately this comes down to your personal preference and comfortability. The default settings have been found to work well for most of our users.
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How fast do lines move?How fast the lines move depends on the sport, but generally very fast. Successful live betting takes time and practice.
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What sports leagues does DoubleDown Arbs support?We support the following leagues: MLB NHL NBA NFL NCAAF NCAAB
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What Sportsbooks does DoubleDown Arbs support?We support the following books: Caesars DraftKings FanDuel BetMGM ESPN BET BetRivers HardRock PlayEagle FireKeepers Bet365 Bally Parx And more! With more to come!
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How many sportsbooks should I sign up for?There is no set number, but the more the merrier! The more you sign up for, the more sign up bonuses you will receive and the more betting opportunities you can take advantage of.
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Do you have resources to help me learn and improve?Yes, once you sign up for DoubleDown Arbs, you receive access to our guides, as well as our Discord server that has the most up-to-date tips and tricks from power users.
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How do I get access to the Discord server with the guides and information?You should receive a welcome email with an invite link. If you did not receive one or did not join in time, please email support@doubledownarbs.com from your signup email requesting a new invite, and we will be happy to send you a new one.
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Can I try out DoubleDown Odds before purchasing?Yes! We offer an 8 day free trial for you to get to know our platform and determine if it’s the right tool for you.
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How do I know this isn’t a scam?DoubleDown Odds was created by sports bettors for sports bettors as a tool to increase profitability. The money you spend to use it will be greatly outweighed by the profits you make. With that said, our 8 day money back guarantee allows you to try out DoubleDown Odds risk free, to determine if it’s right for you.
Still have questions? Contact us by clicking here.
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