Complete Oddsjam Review: Is Oddsjam Worth it?

In this Oddsjam review we are going to look at how much Oddsjam costs and assess whether Oddsjams is worth it given the price tag!

Oddsjam offer a 7-day free trial for nearly all of their products so if you want to create a free account to follow along you can sign up for a free, just click the button below.

What is Oddjam?

Oddsjam is a sports betting software tools website providing smart betting tools for sharp sports bettors, daily fantasy players and industry veterans.

Founded in 2021 by two Stanford engineers, Alexander Monahan and Ankit Goyal. Alex managed to make over $200’000 betting on sports in 2022.

They leveraged their expertise to make Oddsjam a central point for online sports betting data in the United States and created some of the best smart betting tools on the market.

Oddsjam teaches you how to make better, more informed sport betting decisions and provides the tools to find and profit from mistakes and overpriced odds in sports betting markets. They focus on three main profitable sports betting strategies:

• Matched Betting
• Arbitrage Betting
• Value Betting

Along with their sportsbook tools, Oddsjam’s Fantasy Optimizer crunches professional sports data to create fantasy draft lineup picks that will beat your competition.

Is Oddsjam Legit?

Good Question, there’s no shortage of people claiming that they can make you money from sports betting. Usually only after you’ve parted with some cash for their betting tips, sportsbook picks or betting system you realize it doesn’t work.

What makes Oddsjam legit and separates their services from the majority of online betting tips and services, is that all the Oddsjam betting strategies are based on mathematical principles. You can see exactly how they have calculated the profit or expected value of their bets.

Oddsjam Tools Overview

Oddsjam has a vast array to software tools each specialized for a different betting strategy or betting system. In this Oddsjam review we’re going to take a deep dive look at each tool so you can understand how they operate and how they can help you make you a profit.

The first set of tools we’ll look at are part of the Promo Optimizer package and focuses on matched betting in the USA

Let’s kick off this Oddsjam review!

Low Hold Bets Tool

Using the Low Hold Bets Tool Oddsjam scans through every sportsbook available in your state and crunches the odds available at each sportsbook on the same markets for each sports game.

The Low Hold Bets Tool then displays the sportsbook combinations with the lowest vig odds or in some cases the no vig fair odds.

This means we can bet on both teams to win a sports game at different sportsbook. We won’t win any money or lose any money. However, we can usually qualify for free bets and loyalty rewards from sportsbooks.

The Low Hold Bets tool will display the best matches at the top of the table. The closer the percentage to 0% the better, with a 0% match being the best.

You can filter the result using the filter options at the top of the table along with ordering the columns by clicking on the column headers.

You can filter by sport, market type, sportsbook, date range, min/max odds and even search for specific games.

Once you have found a suitable match you can open up the built in dutching calculator by clicking on the calculator icon (I have highlighted the icon in red below) the odds for each selection will be pre-populated in the calculator.

Just enter your desired bet stake and your hedge bet stake will be auto-generated by the calculator ready for you to bet at the sportsbook.

I love this tool it has a super simple and clean user-friendly interface but under the hood it’s really doing a lot of work.

When we use the low hold bets tool is often to qualify for a free bet or bonus being offered by a sportsbook. The next tool is focused on converting these free bets into cash.

Free Bet Converter

The Free Bet Conversion Tool is a software similar to the Low Holds Tool. The interface operates exactly the same as the Low Hold Bets Tool. The only difference is that instead of a ‘Percent’ column we have a ‘Conversion’ column in it’s place.

Unlike the Low Hold Tool when converting a free bet we want to look for the highest percentage in the conversion column.

Once selected we can open a prepopulated betting calculator slip like before displaying exactly how much we should bet given the size of the free bet and the odds from the software.

Middle Bets Tool

The Middle Bets Tool is used with the middle betting strategy. A strategy where we can target mispriced lines in totals, spread and handicap markets.

To summarize how middles works, we can bet on the total number of points, goals, runs etc. being both over and under a certain amount at two sportsbook.

When the odds are misaligned at different sportsbooks we are able to create an overlap in the middle between the under and over bets that can result in a situation where we win both the under and over bets.

You can learn more about middle bets in my article on the middle betting strategy.

Now we’ve given a brief introduction to middles let’s continue with the Oddsjam review

The Oddsjam Middles tool works in a similar way to the low hold and free bet conversion tool.

Every selection in the middles tool table will be a combination of bets that will ensure we either breakeven or if the score line hits the middle of the bet we make a profit.

Similar the the previous tool we can open the built in calculator to calculate our bets stakes.

One Great feature that the Middle Bets Tool has are email and push notifications. This means that you can set up the tool to send you a notification when a new middle bet appears that meets your set criteria.

This is super useful for when you’re doing other betting offers or building a fantasy draft. You can quickly place the middle bet and go back to what you’re currently doing.

If there was one thing I wish Oddsjam had included in this tool is a display to show you which score lines you need to hit in order to make a profit.

Fortunately, you can see this using my Middle Bets Calculator. Just enter the over/under points or the spread lines and the calculator will display what your winning conditions are.

Bet Tracker

The Bet Tracker is a free Oddsjam software tool. It allows us to track the outcomes of our bets along with the profit we’re making from Oddsjam.

When you create a free account you will have your own bet tracker dashboard.

Bet Tracker Dashboard

The Bet Tracker Dashboard will display all the ev bets we’ve placed through Oddsjam along with a breakdown of our total profit in a nice user-friendly interface.

You can set your dashboard to public for anyone to view. Check out this public Bet Tracker Dashboard from Matt Modi.

We are then able to analyze where and how we are making out profit. Which betting strategy is working best for us. Which sportsbook accounts have generated us the most profit. Along with other stats like total winning probability and losing probability.

You can track your bets expected profit vs. the actual profit. The expect profit is calculated from closing line value when Oddsjam reviews the odds we have bet at against the odds just before the betting market goes live or in-play.

The Bet Tracker can also track our deposits and withdrawals from our sportsbook accounts and monitor our account balances in each bookmaker account.

How to Add Bets to the Tracker

You can add and record a bet to the bet tracker from each of Oddsjam’s betting tools. When you open the tools built in calculator there will be an option to ‘Add to Bet Tracker’.

Don’t worry if you forget to add the bet straight from the betting tool. You can still track your bet by manually adding the bet you’ve made into the bet tracker later on using the button at the top of the bet tracker page (highlighted in red below).

Once a bet has been added to the tracker, Oddsjam will review the results of each sports match in real-time and update your pending bets as won or lost in your bet tracker.

Even if you don’t subscribed to any of Oddsjam’s paid tools it still worth creating an account just to track your bets.

Sportsbook Screen

The Oddsjam Sportsbook Screen is a stand alone product priced at $79 a month. This is a tool suited to more advanced sports bettors looking to find profitable bets in-play. When used correctly it can be an absolute gold mine for positive ev bets

The Sportsbook Screen is a live odds comparison tool covering almost every sports book in the United States along with many offshore sharp sportsbooks and betting exchanges from Europe and Asia such as Pinnacle, SBO, Betfair and Betcris.

The current game fixtures can be found on the left of the screen followed by the best odds available from all the currently selected sports on the screen.

The average odds are displayed and then each column of the screen represent the odds available at a different sportsbook.

The screen is completely customizable allowing you to add and remove sportsbook and order them to your preference.

Additionally, the sportsbook screen has an injury report if you click on the ‘plus’ symbol on the right hand side of the screen.

The Oddsjam sportsbook screen is best used for finding potential value bets during live games.

This is due to the fact that you can quickly compare odds available between USA sportsbook with sharp lines from Europe, Asia and USA.

This makes spotting out-of-line live sportsbook odds super easy.

The Sportsbook screen covers a wide variety of sports from professional sports leagues to amateur league and college leagues. You can select the sport or league for which you want the odds screen to display betting odds.

Arbitrage Bets Tool

Arbitrage Betting is considered another zero risk betting strategy similar to matched betting.

The basic concept of arbitrage betting centers around sportsbook offering different betting odds on the same event or betting market.

In some cases the odds at two or more sportsbooks differ by so much that we are able to bet on both side of a betting market and make a profit regardless of the outcome.

If you need an in-depth explainer this video does a great job of explaining the basic arbitrage concept.

The Arbitrage Bets tools scans through all the sportsbook betting markets to find these odds disparities.

The betting tool uses a very similar user interface to the low holds and free bet conversion tool.

Each row contains a different pair of arbitrages bets. The percent column on the left hand side displays the total profit we will make from those arbitrage bets.

For example, if the ‘Percent’ was 3.56% we would make a $3.56 profit for each $100 we bet across both bets.

We can filter the tool to select certain sportsbooks, sports or betting markets using the filter button at the top of the page.

Similar to other oddsjam tools we can click on the calculator icon to open the built-in dutching calculator to calculate our bet stakes.

Just enter the bet stake of one bet and the other bet stake will be auto calculated.

One additional column to note in the arbitrage bets tool is the ‘Pinny’ column. This column will display betting odds that are currently available at Pinnacle Sportsbook.

Pinnacle Sportsbook is often considered as having the most accurate sportsbook odds in the world.

We can use the Pinnacle odds to determine which sportsbooks odds are mispriced.

In the following example from the image above we can see an arbitrage bet on the Detroit Lions vs. Green Bay Packers game.

One bet on Over 3.5 Receptions by Luke Musgrave at Draftkings and one bet on Under 3.5 Receptions by Luke Musgrave at ParlayPlays.

We could just place a normal arbitrage bet at both Draftkings and Parlay plays for a guaranteed 1.27% profit.

However, A more advanced betting strategy would be to compare the odds against pinnacle. As we can see the Draftkings odds of +120 are only slightly better than Pinnacle odds of +118.

In contrast the ParlayPlays odds of -114 are far better than the pinnacle odds of -155. This suggest that ParlayPlays are the sportsbook who has made the mistake and mispriced their odds.

A professional bettor would place a bet only at ParlayPlays on Luke Musgrave Under 3.5. Although this increases the risk as we could lose the bet, it also increases the profitability as we remove the vig we would pay at draftkings.

Assuming a vig around 4% we’ve increased the profit percentage from 1.27% to 5.27%

As a result we make more profit over the long term.

This is called a Positive EV bet or a value bet. Oddsjam have a tool for these types of bets which we’ll look at below.

Positive EV Bets Tool

The Positive Expected Value (EV) betting tool is the flag ship product of Oddsjams $199 per month Positive EV plan.

The positive EV tool takes advantage of placing value bets that have a positive expected value. This means that we will not win each and every bet we place but after placing enough bets that our wins and losses balance out we should make a positive expected return in the form of profit.

If you’re not familiar with positive expected value in sports betting check out this article.

As we have seen previously with the arbitrage tool, sportsbook betting odds can often be wrong. So much so that a profit can be guaranteed by betting on all outcomes of a betting market.

However, just because a profit cannot be guaranteed by betting on both side of a betting market, it doesn’t mean the odds are correct.

In fact, positive EV bets are far more common than outright arbitrage opportunities. In addition they’re far hard for sportsbooks trading teams to spot.

The Oddsjam Positive EV Bets tool finds betting odds that are profitable when compared to the no vig fair odds calculated by Oddsjam from lines at sharp sportsbooks and betting exchanges.

The expected return is displayed on the left hand side of the tool under the percent column this is how much long term profit would should expect from this bet. i.e. If the percent is 3.7% we would expect $3.70 profit for each $100 we bet.

The positive EV bets tool will display the bet we want to place in green. In the ‘No-Vig Odds‘ column on the right of the below image, Oddsjam displays the true odds that they have calculated for the bet.

Once we have selected a positive EV bet that we want to place then finally we want to open the built-in Kelly Criterion calculator by clicking the purple calculator icon on the very left of the betting tool.

The Kelly Criterion Calculator uses the Kelly Criterion Staking Method to calculate the optimal bet stake to increase our bankroll at the fastest rate with the lowest risk of ruin i.e. reducing our chances of losing all our money to near zero.

Just set your bankroll size in the settings and the optimal betting stakes will be calculated automatically by the tool.

Oddsjam Parlay Builder

The Parlay Builder is one of the newest tools available at Oddsjam. It can be used to create positive EV parlays that meet the correct criteria for parlay promotions.

Often these promotions are either parlay profit boosts or parlay insurance offers.

Profit Boosts Offers will boost our profit by a given percentage increases as we add more legs.

Parlay Insurance Offers will refund our bet stake if one leg of our parlay loses but all other legs win.

We can select the number of parlay legs for the parlay tool to build from 2 legs up to 10 legs.

We can then select our sportsbook we want to place the parlay at along with the sports and leagues that should be included or excluded from the parlay we want to place.

Select the minimum total combined odds for the parlay by using the slider bar. (You can also use the arrow keys on your keyboard to move the odds)

If you want to place a same game parlay select the option.

The ‘Best Parlay’ toggle option will mean that when the toggle is active. The builder will always display the highest EV parlay possible give your settings.

Finally, the profit boost option will add a boost to the potential winnings of the parlay. This ensure the profit is recorded correctly in the bet tracker.

Odds Boost

The Odds Boost section of the website is free. Often sportsbooks will enhance or ‘boost’ their odds above the rest of the betting market.

Sometimes these odds boost create overpriced odds which result in postive ev bets for us.

However, be wary as not all odds boosts are profitable!

These boost are often time -limited, meaning they will only be available to a set period of time like 30 minutes or a few hours.

To save us time Oddsjam lists all the boost currently available at all sportsbook in a single page for us to look through

How Much Is Oddsjam?

Oddsjam has a number of different subscription plans which each give access to a different set of Oddsjam betting tools along with subscriptions for standalone products such as the fantasy Optimizer and Sportsbook Screen.

The subscription prices range from $39 per month to $999 per month (Sometimes higher for their industry products)

Next, in this Oddsjam review we’ll look at what each subscription plan includes and which type of sports bettor each plan suits best.

Firstly, let’s look at their introductory plan, the Promo Optimizer Plan.

Promo Optimizer Plan

The Promo Optimizer plan is the cheapest monthly option at $39 per month or Oddsjam is offering a 20% discount when billed annually reducing the price to $33 per month.

The plan includes access to the:

• Low Hold Bets Tool
• Free Bet Conversion Tool
• Middle Bets Tool

The Oddsjam promo optimizer plan is best suited to bettors looking to make low risk or risk-free profits

Often completing 1-2 free bet offers per month using the tools will cover the $39 monthly subscription fee and any free bets after that is profit.

For example, in Colorado there are over $5000 in just welcome promotions. That’s not including existing customer offers where I’ve made 90% of my total profits in the past.

My recommendation in this Oddsjam review is that if you are new to sports betting start with the promo optimizer plan and sign up to all the available sportsbook in your state.

You should easily make $1500-3000 per month from the sportsbook promotions. Remember Oddsjam offer a 30 day money back guarantee so if it’s not for you after the first couple of weeks just message their live support for a refund.

Once you’ve banked all the sportsbooks sign up promo profits and built a nice bankroll you can’t start looking into the more expensive plans such as the Positive EV plan.

The Positive EV plan will expand your sports betting tool kit with more advanced strategies and tools.

Positive EV Plan

Unlike the Promo Optimizer plan which focuses on making a guaranteed profit every time. The Postive EV plan focuses on strategies where we can’t guaranteed a profit every time we bet but should mathematically make a profit in the long run.

The plan includes all the betting tools available in the Promo Optimizer Plan. However, the plan also includes the following three tools:

• Arbitrage Bets Tool
• Positive EV Tool
• Parlay Builder Tool

The Postive EV Plan is priced at $199 per month or $166 per month with an annual subscription.

It’s best suited to sports bettor that want to kick their betting up a notch and make the maximum profit possible.

The Positive EV betting tool will make you the most money by far. The tool finds on average 500 bets per day averaging around a 3% expected value on each bet.

Placing a bet of $20 on each of these +ev bets per day would net us $109’500 of profit for the year.

In fact betting just $0.50 on each bet would cover our monthly subscription cost. At around $228 profit per month.

Increasing the bet size to $100 pushes the yearly profit to $547’500!

As you can see the profit potential is massive!

Platinum Plan

The most expensive of the public Oddsjam plans is the Platinum Plan. It’s priced at $999 per month.

The main features of the Platinum Plans are:

• Live betting Odds on Oddsjam Tools.
• Real Time Push Notifications
• Auto Refresh for Betting Tools

The Positive Ev Bets tool finds around 500 pre-match bets per day.

However, when we start using the tools in-play we can finds thousands of profitable bets per day!

The live tab is available on the Positive EV Tool, Middles Tool and Arbitrage Tool.

Industry Plan

In addition to the public plans, oddsjam has custom content and API plans for industry partners. These can range from $4’000-20’000 per month but depends on the bespoke deal that’s created.

Can you make money using Oddsjam?

The simple answer is yes.

All of the strategies Oddsjam provide are well documented winning strategies.

There are two main aspects to profiting from sports betting:

• Information
• Speed

NO ONE provide these advantages better than Oddsjam!

Oddsjam provide the widest and fastest betting odds coverage in America. No one comes close.

Is Oddsjam Worth It?

Oddsjam is the only website currently powering their betting tools with the fastest real-time odds from every sportsbook in the USA and Canada.

You simply can’t find this service outside of Oddsjam. Whether Oddsjam is worth it for you depends on choosing the correct subscription plan for your betting bankroll and risk tolerance.

The Oddsjam Promo Optimizer Plan is best suited for people wanting to make guaranteed profits. You should make an easy 4 figure profit each month using the free bet conversion tool and middles tool. It is 100% worth it for new bettors

The Positive EV plan has the potential to make 5-figure profits each month. However, you need to understand some betting concepts such as expected value, Kelly criterion and bankroll risk management to get the best out of this plan.

Oddsjam Review FAQ’s