Sportsbooks leverage math in their favor. If you bet on instincts, you may get lucky, but over time you will most likely lose money. StatsHood gives you the math tools to get the edge over the sportsbooks. Use our tools to make smarter bets!
SportsHood has tools on arbitrage betting opportunities and on positive expected value bets. Arbitrage (or arb) betting is where you bet on both outcomes and guarantee a return. Positive expected value are bets based on a probability model that is expected to net a return.
How will you know if your bets are winning if you do not track your bets? StatsHood has tools to help you track your bets. This is important to let you see if you are winning or losing money. It is also a good thing to have when you talk with your tax professional.
Arbitrage is where mismatches between different sportsbooks allows for a guaranteed return by betting both sides of an event. StatsHood has tools to find these opportunities and provide them to users.
Sportsbooks may have odds that are mathematically favorable. StatsHood looks for these opportunities and provides bets that have positive expected return to our members.
It is important to track your bets to make sure you are getting the returns that you expect and to help comply with taxes.
Do you have questions or comments? Send me a message, and I will get back to you soon.
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