🎛️Arbitrage Calculator
Overview
The Arbitrage Calculator displays the current arb you've selected, showing the total wager amounts needed. Any changes that occur with odds on a bet will be displayed and the wager amount will be automatically recalculated. The calculator works in tandem with the Wallet by monitoring the available funds you have on each sportsbook, as well as the default/custom bet amounts you've assigned.
Arb Display Functions
When an arb is displayed on the calculator, there are a few different functions to cover.
While it might seem overwhelming at first glance, the calculator is very simple to use.
Let's take an example with a game between the Lions and Browns:
After clicking the Arb Card, the calculator will populate with the game and bet details.
On the left side, we see (from top to bottom):
Sportsbook involved
Bet type
Current odds
Wager amount
Total Balance on that Sportsbook
There are also a few functions that we have access to:
Clicking on the Sportsbook logo will take you directly to the event page
Clicking the green bar under the odds will stop it from automatically updating (Click it again to turn back on)
Clicking the lock button below the wager will hold it in place, regardless of the odds or wager on the right side (Click it again to unlock)
Typing in any of these 4 fields will lock them respectively
The right side contains the other half of the bet with the appropriate information
On the middle, we see (from top to bottom):
The League of the bet
Average odds of both sides across all sportsbooks (the green number is the +EV side which is deviating the most from the average and is more likely to change)
Both Teams involved
Bet Type
Current game score/time
Profit - Below profit, we display the total payout from both sides. On the right, we display the average profit between the two.
There is one additional control at the bottom we can access:
Track bet (adds the current bet to the bet tracker)
Using the Calculator
When an arb is being displayed on the calculator, we simply follow the information it's presenting. Open the appropriate sportsbooks, find the game, and place the bet on the correct market. If the odds change on the bet, the wager will automatically update to ensure that you're profitable. However, sometimes we will need to manually go in and enter a new wager/odds.
To do so:
Click the odds window and enter the new value
Click the wager window and enter the new amount
Controls
In an effort to speed up your ability to use the calculator, we've implemented some hotkeys
The SHIFT key will move UP/DOWN between the odds and wager windows
The TAB key will move LEFT/RIGHT on either the odds window or the wager window (depending on which one you're currently on)
The SPACE key will change the odds format between POSITIVE and NEGATIVE on whichever odds window is selected
The UP/DOWN arrow keys will increase or decrease the value of the currently selected window
Side Calculator Controls
The bottom of the calculator contains a few additional controls as well as our profit screen.
From top to bottom, we have:
Previous Arb button to see the last clicked arb
Next Arb button to go to current/next clicked arb
Clear button to reset the calculator (click previous arb button to undo)
Calculator export button that will generate a sharable link that populates the calculator with the shared opportunity
Emergency Mode selector
Emergency View
The revamped emergency view allows you to view all books that have odds for the selected line. This emergency feature is invaluable for hedging lines when one side of your bet has closed, or when just looking for a different book to place an arb on.
Clicking on one of the alternate lines listed in the emergency panel will load that book/odds directly into your calculator.
One-Click Bet
Arbing is all about speed, and AVO wants you to succeed. We've implemented One-Click Bet (OCB) on sportsbooks that support it which allows you to open the sportsbook website with the bet slip open, containing your bet. For books that don't support OCB, we'll take you to the game page on their website.
Using OCB
When an arb is on the calculator, you'll see the two sportsbooks logos on the left and right side above each bet. Clicking on the logo will open up the sportsbook website.
We recommend using the AVO Tabs plugin to open the links in another tab so that you can still see the dashboard at the same time
Supported OCB Sportsbooks
Fanduel
Draftkings
BetMGM
Caesars
ESPNBet
BetRivers
SugarHouse
BetParx
ProphetX
BallyBet
Novig
HardRock
Bet365
Calculator Errors/Indicators
While using the calculator, it's common for bets to close or for odds to change. When this happens, different types of error lights will be displayed on the screen.
Profitable/Unprofitable Bet
Depending on the profit % of the current arb, the center display will show a range of colors going from green (high %) to red (low % or zero)
The background color will turn red when an arb is closed. The calculator will reflect this as well.
Green - Arb is open and profitable
Red - Arb is either closed on one or both sides, or profit is zero/negative
Closed Bet
If a bet closes on either side (or both), a closed icon will appear beneath the wager for the respective side. A sound will also play to indicate that this action has occurred. If the bet reopens, the icon will disappear and a different sound will play to alert you (unless you click a different arb card).
Split Profit
Depending on the odds/amount wagered, you can sometimes get a split profit. This is represented by an orange triangle icon and the split profits are displayed on the profit screen. If the bet on the left side sportsbook wins, the profit will be the left (first) one display and visa versa for the right side.
Usually, this happens when one or both wager amounts are locked. Simply unlocking one of the wager amounts will re-balance the profit. On V2, we will always display the individual profits for each side, but a true 'split profit' bet will cause the profit display to change slightly:
Standalone Use
Sometimes, you might want to use the calculator without any arb information on it. To do so, simply click CLEAR under the calculator and you'll have a blank canvas to work with. All calculator controls mentioned earlier will work on clear mode.
Additionally, you can also create a custom bet to be tracked. See 'Custom Bets' for more details.
Last updated