Studio Guides

Real Odds and Value Bets

In studio we determine real odds as a statistical reference of “true odd” combining and analyzing the pure results of both teams many years before. Real odds help to understand the difference between sports book odds and to decide which are value bets or not.

Besides, real odds reflect also the probability of a given outcome (market) and helps user as a prediction trend.

Real Odds

What is Real Odds?

It is the odds (or probability) that Studio assigns to an event based on the past games of both teams. 

You can find real odds at the pregame match coupon and at the explore tool which analyze each game separately.

How to set Real Odds:

From the Profile:

You can set Real Odds from the profile by the module Real Odds Profile

  • Step 1: Choose Profile
  • Step 2: Existing Profiles
  • Step 3: Create new Profile

1. Land on Profile (photo 1)
2. Choose an existing profile among different database records of past years or create a new one (photo 2).

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There are several options of profiles (photo 1).
Database Records: Declare the historical data seasons of past games
Home: Only home games included for the home team
Away: Only away games included for the away team

See photo

Create a new profile by selecting the database and home/away assumptions (photo 1).
Database records to use: Choose the historical database of past games.
Home as: Include type of games for the home team.
Away as: Include type of games for the away team.
There are four options:
Only Home or only Away games
Both: to inlcude both home and away games
ingore: to ignore all games.

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From the Explore Tool:

You can set Custom odds for an individual game from the Explore Tool

  • Step 1: Go to Explore
  • Step 2: Select Sample
  • Step 3: Set Custom Odds

Go to Explore and select your preferable game (photo 1).

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Select seasons: Choose database historical games for both teams (photo 1)
Home: Include type of games for the home team.
Away: Include type of games for the away team.
There are four options (photo 2):
Only Home or only Away games
Both: to inlcude both home and away games
ingore: to ignore all games.​
Excluded teams (photo 3): The teams you add here will not be included in the sample of real odds Analysis

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1. After setting your Sample, you get Custom odds as seing in the picture (photo 1).
2. At the same view you can compare Real odds comimg from your profile with Custom odds coming from setting your sample.

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Value Bets

What is a value bet?

A value bet is a bet where the probability concerning real odds of a given outcome (market) is greater than the sportsbooks odds reflect.

Simply when value betting, you will be placing bets that have a larger chance of winning than implied by the bookmakers odds.

This means you will have an edge over the bookmakers in the long run.

You can recognize a value bet in locations of studio where there are real odds together with the bookmakers odds, that is at pregame and at explore.