There are a few reasons for which I believe a review of RebelBetting is due. I have promoted RebelBetting for quite some time now, and together with BetBurger, this is the brand I have used the most and can vouch for. RebelBetting is one of the longest standing products in the arbing space, which itself speaks for the qualities of the software. Moreover, their newly released value betting product, ValueBetting by RebelBetting, is second to none.
If you want to do Arbitrage Betting or Value Betting you will certainly need some kind of software support. Therefore I do my best to inform you about the different opportunities on the market by giving you those product reviews. Hopefully with their help you would be able to make the right choice for you and will start to turn profit from your sports betting activities.
After this short intro, I invite you to dive into my hands-on review of the RebelBetting product portfolio. I will start with looking into RebelBetting Arbitrage – the brand’s traditional product aimed at the more risk-averse user, who prefers to secure a sure income using Arbitrge Betting. In the second part of the article I will look into the latest product of the brand, the ValueBetting by RebelBetting. As the name states, it supports you in flawlessly executing a Technical Value Betting strategy. Let’s dive in.
RebelBetting Arbitrage is a product for automatic detection of scalping opportunities on the betting market and for bet placement support. It is probably the oldest arbing software out there. Based in Sweden and on the market since 2008, RebelBetting has been an established name in the arbing space for many years now. The software offers some unique features, which help it differentiate itself from the others on the market, as you will find out below. But most importantly, RebelBetting remains a reliable provider of arbs, which makes it a viable solution for everyone willing to pursue an Arbitrage Betting strategy.
To avoid any confusion, RebelBetting Arbitrage often speaks about Sure Betting and Sure Bets on their website – this are just another term for Arbitrage Betting.
Who is it for?
RebelBetting Arbitrage is perfect for anyone who is serious about doing Arbitrage Betting. As I have written before, doing Arbitrage Betting without the help of a tool identifying the “good” bets makes little sense. If you want to actually grow your bank with Arbitrage Betting, you need some sure bet/value bet finding software to support you and RebelBetting is an ideal tool for that.
RebelBetting is a bit pricier than other alternatives on the market, which it compensates for with additional functionalities. It is indeed a better choice for punters with some arbing experience, who can extract the most of what the product has to offer.
How does it work?
Unlike most products on the market which are web-based, RebelBetting Arbitrage is a piece of software that you install on your computer. This might make it a bit heavier but also allows it to offer functionalities that other products on the market are lacking.
When you first pay the subscription fee you get an installation file, with which you install RebelBetting on your computer. After you have completed the installation and the setup you are good to go.
The Look and Feel of RebelBetting
The best way to get a taste of what it is like to place arbitrage bets with RebelBetting is by making use of the offered 7-day trial I have written about below. The second best way is to watch this great video of a guy called John Botting, who tested the product himself and recorded his experience:
Setting it up
The setup itself is rather standard for an arbing software. There are a number of filters you need to adjust in order to reflect your preferred bookmakers, type of arbs and so on. Fortunately, RebelBetting is very flexible in that regard and offers more setup options than any product on the market, as you will see later.
But until then, let us have a look at the more basic configurable settings.
Supported bookmakers and exchanges
You have a list of supported bookmakers to choose from. The list is quite extensive. Even though it lacks some names covered by other services, it also offers some bookmakers you wouldn’t find anywhere else.
Configuring your bookmakers and exchanges
The configuration window looks like this:
As you can see you can mark bookmakers/exchanges that might appear as a leg in the arb and the ones that are required (marked red in the list), meaning at least one of them must be part of an arb in order for it to appear in your stream.
It is important to double-check if the supported bookmakers are the ones you would be interested in and have access to. You could also use the list as a source for ideas about new bookmakers to try. Of course, the usual caution concerning the bookmaker’s reliability is advised. RebelBetting shows you the supported bookmakers’ SBR Ratings in their list as well as their own assessment. I am not sure what the second is based on. Good alternative sources on the reliability of bookmakers are the top100bookmakers list and the Arbusers forum. In general, if you are unsure about a bookmaker, a Google search would hurt and you could always drop me an e-mail at email@example.com. If I have any experience with it I will help.
RebelBetting Arbitrage Filters & Options
Here comes one of the big advantages of RebelBetting. The huge variety of filters allows for very personalized setup. I strongly advise you to make full use of those. I will shortly go through the opportunities you have below.
Filter 1: Arbitrages
You have a lot of options as it comes to what kind of arbs you want to see in your stream. The configuration window looks like this:
You can exclude arbs below and above certain threshold, which is useful for improving your ROI on the one hand and avoiding palpable errors on the other. It is also a standard setting for most arbing services.
However, a specialty of RebelBetting and in my mind a very useful setting is the scanning of middles. The middle is a bet on an interval of outcomes in a certain game, whereby you have a chance to win both legs of your bet. You could set your software to deliver middles with negative sure profit but some chance for both legs hitting. Such middles are often value bets that escape most other scalping software tools. I think this is a great option and I often make use of it.
Finally, you can restrict arbs starting too late on the future, having an exchange lay bet as a leg, having more than two legs and so on. Some of the restricting options are standard and some are specific to RebelBetting. Depending on what capital you have at your disposal it might make sense to stick to games that start soon, so that you can collect your winnings faster and roll them over again sooner. Two-legged arbs tend to be easier and faster to place then three legged ones. On the other hand, if you have enough resources available and more complex arbs don’t scare you, restricting certain pairs might mean you leave money on the table. In any case, those filters might be useful in specific situations so it makes sense to get to know them.
Filter 2: Markets
The Markets filter allows you to stick to only a certain types of sports and markets. Useful if you want to keep low profile and focus on the bigger markets so that you don’t attract too much attention. Or alternatively, profiling yourself as a punter in one particular sport, in case you notice this sport produces an abnormal number of arbs in a bookmaker as compared to all the others.
Option 1: Alerts
This one is my personal favorite. By setting up your alerts you might adjust the way you are informed for an arb at the time it appears.
This is an option many other services don’t have and it can directly affect the turnover you can generate in an arbing session. Considering you don’t sit the whole day and stare at the screen, especially at times where there is no action, getting a signal in the form of a sound, pop-up or any other alternative when an arb appears is surely a huge advantage.
Option 2: Applications
Through the Applications setting you can customize your arbing stream the way sou see fit:
Again, a special feature of RebelBetting that gives you the opportunity to personalise your application. Of course, this wouldn’t be possible in a web application, so RebelBetting being an installation software clearly gives you an advantage here. Depending on your needs, all of these options might help you configure the type of stream that works best for your style of arbing / value betting.
Option 3: Bookmaker Setup
RebelBetitng really does go the extra mile when it comes to bet placement support. That you know for sure after looking at the Bookmaker Setup option:
Other software solutions also employ external service providers to facilitate bet placement, but I haven’t so far seen such sophisticated bet placement support as the one RebelBetting offers. As you can see you can enter your credentials for all bookmakers you are using and place bets directly from the platform. This option has the potential to speed up your bet placement significantly, and with it improve your arbing / value betting turnover and ROI.
Option 4: User
Finally, with the User option you can configure your desired unit stake, odds format and log in and out of your RebelBetting account.
RebelBetting Arbitrage Stream
The arbs stream looks like this:
Once you click on an arb you get an expanded list of the odds at all the other bookmakers, should you decide to pursue the arb somewhere else instead.
Placing an arb
As noted in the Options section above, RebelBetting offers you the option to place the arb directly from the tool. For this you need to enter your credentials for your bookmakers of interest in the tool. Then, you are offered to enter the websites of the involved bookmakers in the tool and get directly to the bet slip. Does not always work as smooth as one would hope, but when it does, it is certainly a great benefit. It is mostly bookmaker-dependent, so I would advise you to try the option out for your bookmakers and if it works to use it. Alternatively, you could always go the usual way and find your selection manually.
Finally, once you are done with your arb, you can hide the arb, the event, or the selection at one of the bookmakers.
RebelBetting Arbitrage Prices & Plans
RebelBetting accepts a variety of credit cards and e-wallets as a payment method. The service is a bit pricier than most competitors, but does offer more functionality. If you can make the most of the offered functions, the price is in my opinion absolutely worth it.
One thing to keep in mind is that the subscription is a rolling one, so if you decide you don’t want to use the software anymore after the subscription period ends, you should make sure to cancel your subscription before that. This is quite straightforward and can be done directly from the tool. There is no cancellation period, you can cancel your subscription effective immediately.
A great thing about RebelBetting is that they provide a 7-day trial of their product for anyone interested to try it out for free. It is a great option if you are considering buying the service but are not quite sure yet. With that you have the possibility to test the service risk-free and at no cost.
Below the subscription plans you can use with RebelBetting:
The monthly subscription comes at a price of €129 / month and is probably the most popular option for RebelBetting’s users.
The annual price offers the usual discount for long-term subscription. At €768, you get 50% off of the normal monthly price! This is your go-to subscription plan if you are in it for the long term. If you manage to combine it with one of the promotions RebelBetting is launching every now and then for which I’d try to keep you informed, you might catch a real bargin.
RebelBetting Arbitrage: Conclusion
RebelBetting Arbitrage is a great, premium-quality product that reliably delivers arbs and value bets to your door. It is everything you might need from a software to help you turn a consistent profit from arbing. The tool is incredibly flexible and can be customized to suit everyone’s needs. It is certainly a good choice for the experienced punter, and although the monthly subscription could be consider pricey by some, the annual plan offers a huge discount which makes RebelBetting affordable even for people playing on a smaller scale. Finally, if you purchase the product through my affiliate link, you can come back to me should you need any help with the setup, contacting the RebelBetting team or any general advise.
Now, let’s have a look at the latest product of RebelBetting, the ValueBetting tool:
ValueBetting by RebelBetting
Many of you follow or have followed a Technical Value Betting strategy throughout the years. If that applies to you, you understand the importance of a good value betting software. You are perhaps familiar with the tools you can choose from, many of which I have reviewed on this website. Since several months this tool set has expanded with yet another new option – the ValueBetting tool by RebelBetting – which I am going to review today.
The Value Betting tool offers a lot of unique features compared to the older RebelBetting products. These turn out to be quite helpful in placing and recording value bets. Furthermore, the RebelBetting team offers a generous subcription promotion till 31.5.2020 – first two months for the price of one – which is yet another incentive to pay closer attention to the product. So how does ValueBetting by RebelBetting perform in test? Let’s dive in and see.
ValueBetting: The Product
RebelBetting have been one of the biggest players in the arbing field and probably one of the first ones too. I have already written in detail about their arbing software. As a few others, RebelBetting have jumped on the value betting trend and created their own technical value betting product. If you are unfamiliar with the concept of technical value betting (a.k.a. Steam Chasing) you can check my article on the subject.
It only made sense for RebelBetting to enter the value betting space. For a technical value betting software you basically need the same input data as for an arbing one. Indeed, you can even value bet using an arbing software. That grants you the added benefit that you can hedge away part of your risk for a small profit. In a sense, a technical value betting software is just an arbing software showing only the soft side of the arbs. So let us start with answering the question, why do you need RebelBetting value betting when you can simply purchase the arbing tool?
ValueBetting by RebelBetting is the first product of the company that comes with a web version. This comes as an additional alternative to the familiar desktop interface. I wouldn’t write too much about the desktop version. I have already covered it in the review of RebelBetting’s arbing tool and it looks similar here. The web version of the Value Betting tool is a new and fresh look, which you might find interesting. Here is a short video that should give you an idea for how it feels navigating the software:
In fact, I have used only the web version for the review. I will probably only use that one in the future too. I personally think adding a web interface is a major improvement, since it offers some significant advantages over desktop:
After having used both the desktop version and the web version, I find it significantly easier and faster to navigate through the web version. Also, I think the redirection to the bookmaker’s website for placing the bet is also quite faster on web. Since in Value Betting speed is essential, to me that is a major selling point of the product
What’s more, the web version of ValueBetting by RebelBetting is adapted to mobile devices. Indeed, the platform runs smoothly on mobile, which is helpful for value betting. Arbing on mobile is indeed quite difficult, due to the fact that you need to bet on two platforms and document both bets afterwards. However Value Betting is a whole different story. Here you only place one bet and documentation is made very easy as you will see later. In fact, I currently place all of my value bets on mobile. Therefore, having a screening tool that works on mobile for me is quite an upgrade.
A second reason to go for the Value Betting tool instead of the arbing one is the competitive pricing. ValueBetting by RebelBetting currently sells at €69/month for a monthly subscription and €52/month for a semiannual one. This equates to a discount of 25% compared to monthly:
The arbing product on the other hand will cost you €129/month for a monthly subscription and €97/month for a semiannual one. This is almost half the price.
Looking at similar competitor products, Trademate Sports sells at €120/month for the core version and BetBurger Value Betting sells at €59.99/month. This puts ValueBetting by RebelBetting at the lowest price range. Considering the offered functionalities, it is safe to say that the price tag is quite generous.
Two months for the price of one
Until the 31.5.2020, ValueBetting by Rebelbetting offers you the benefit of the first two months for the price of one. This automatically means you get the first two months at half-price, independent of all the other promos and guarantees you get.
ValueBetting by RebelBetting: Profit guarantee
There are some further benefits as far as pricing is concerned. ValueBetting by RebelBetting comes with a profit guarantee for the first month. If you make no profit in your first month using the service (under the conditions listed below), you get the second month subscription free of charge.
- Place at least 500 bets from ValueBetting by RebelBetting, to reduce variance
- Log and grade the bets with the log book or the Bet Tracker
- Copy the bet details to the log book by using the “Confirm placed bet” button
- Use the built-in stake sizing and max-bet strategy with Kelly <= 30% and max stake <= 1%
- Net profit less than €0 in your first month subscribed
In order to place 500 bets, you will need to place an average of 15-20 bets a day. This will require some discipline and a few good bookmaker accounts. All in all, in most cases it shouldn’t be a problem. No profit after 500 bets is unlikely, but possible (especially if you take any positive edge). Therefore, the profit guarantee offers you a useful insurance for the case that you get very unlucky in your first month of using the product.
That being said, let me say a few words about the profitability of the tips the software is producing.
Is ValueBetting by RebelBetting profitable?
In the long run, ValueBetting by RebelBetting will make you money. The strategy is simple, tried and tested. Technical Value Betting / Steam Chasing is probably the most accessible way to make money from sports betting. I have written a lot about it in the past, so I won’t do it again here. If you are unfamiliar with the basics, just refer to my Ultimate Guide on Value Betting as well as the articles on the Closing Line theory and Mixing Arbitrage and Value Betting. Finally, don’t forget to account for the variance that is typical for a Technical Value Betting strategy as the one offered by the tool.
The blog of RebelBetting covers very similar topics. The team has been quite active in writing lately, so you can use it as an additional informational resource.
As all other profitable strategies executed in soft books, Technical Value Betting gets you limited. How much turnover you can make with all your accounts depends a lot on how many accounts you have, in which bookmakers, and from which country you bet. So it is hard to give a specific answer to that question. For a UK resident with access to all large bookmakers, a total turnover between GBP 100k and GBP 200k should be possible.
Limits aside, your daily turnover would again depend on the bookmakers at your disposal. The day of the week matters as well, with Friday, Saturday and Sunday being better than the rest of the week. Here is how it looks like on a normal Saturday morning with a few key bookmakers turned on:
With around 20 available value bets at a time it shouldn’t be a problem to completely turnover a moderately sized bank within a day.
It terms of the completeness of the results, I compared the tool with a similar product from a different company and consistently saw the same bets being delivered from both sources.
Similarly to other Value Betting software products (see Trademate Sports), RebelBetting Value Betting calculates the proper Kelly stake based on the calculated edge of the bet. RebelBetting advises to use fractional Kelly and provides the necessary filter to do so.
Properly calculating the Kelly stake is not an easy task and is also crucial to optimizing your long-term ROI from Technical Value Betting. There are many things at play by the calculation and you never know which ones are considered by the software in the stake calculation and how accurately. This is actually the reason why I normally use an arbing software to do my Value Betting. Here is a list of things that have influence on the edge of your bet in the soft book when comparing with a sharp book / exchange:
- Limit on the opposite side: Lower limit (in a sharp book) or liquidity (on an exchange) means more uncertainty about the edge and possibly a lower average edge on the value bet in the soft book
- Favourite-longshot bias: The margin of the sharp bookmaker is important for calculating the true odds, which in turn are necessary for determining the edge. The margin is not attributed to all outcomes proportionally. Longer odds carry a larger part of the margin than shorter ones. This must be accounted for in the calculation, with the proper formula.
- Time before event: The more time before the event starts, the more time there is for the value of your bet to change come game time.
While the first and third points are difficult to account for quantitatively, the second one is not. However, in my experience most software providers don’t go into too much detail in this topic. Neverthelress, I asked the RebelBetting team about their methodology for the identification of value bets and for the edge/Kelly stake calculation.
Value calculation methodology
Reporting on the value calculation methodology for such services is always a bit tricky. The value calculation methodology is extremely important for the users of the tool. On the other hand, it is often considered a trade secret by the company. However, the RebelBetting team has shared enough details to make an informed assessment.
As far as the favourite-longshot bias is concerned, the tool seems to apply a high standard. I was assured the favorite-longshot bias is fully and properly taken account for. The calculation seems to be in line with all publicly available evidence concerning the correct margin attribution.
Currently, RebelBetting appears to use an (undisclosed) group of sharp bookmakers as a benchmark:
By evaluating a number of “sharp” bookmakers odds, taking betting bias and market efficiency into account, our servers can determine what the true odds are for any given match.RebelBetting
Furthermore, RebelBetting seems to be in the process of evaluating the viability of Betfair as a benchmark. The early results seem promissing, so it is very likely, that Betfair will be added to the benchmark in a later version. For now it is sharp bookmakers only. While their names are not being published, we could probably figure them out.
ValueBetting by RebelBetting: Bet Tracker
For their Value Betting tool RebelBetting have introduced the Bet Tracker. With the Bet Tracker you have an easy way to record, grade and analyse your bets. It is easy to use – after you place a value bet you just click the big “Log” button and your bet is in the Tracker. The Tracker then automatically grades your bet after the event is over. It looks like this:
Needless to say, it would still be a good idea to compare with the bookmaker. Different rules or manual errors can lead to a discrepancy between your records in the Tracker and your bookmaker account. Nevertheless the Tracker surely saves quite some time as you wouldn’t have to record and settle your bets manually anymore.
An Excel report of the single bets from the Tracker is currently not possible. The team plans to add this feature in a future release.
ValueBetting by RebelBetting: Reports
Your bets from the Tracker can also be visualized in a nice P&L graph that follows your actual profit and loss as well as your expected one based on the EV calculated by the tool:
Furthermore, you get a table with your number of bets, turnover, profit and yield per bookmaker. You can also generate a breakdown of your profits by sport or market type. The option to track your overall profit, yield and number of bets is helpful for analyzing your betting action. It can also give you a clear overview should you wish to use the Profit Guarantee mentioned above.
You can extract all those reports in .csv, .xlsx or .json format and save them locally.
To summarize, ValueBetting by RebelBetting is an easy to use, yet very functional Value Betting product that gives you everything you need for a very decent price. The main advantages of the product are the following:
- Competitive Pricing: As I have already written above, RebelBetting Value Betting gives you great value for the money. You get all the important functionalities at a very reasonable price. Using the two months for one subscription offer combined with the first month profit guarantee offered by RebelBetting, the product turns into a real bargain
- Web interface: This is already the standard for most software tools in the Value Betting space. However it is great news that RebelBetting also offer that functionality. I find it makes the whole process a lot more intuitive and easy
- Mobile responsiveness: This is a strong selling point. As I am often on the road I am turning quite some money over using my phone alone. In other tools, I find it a bit irritating that I cannot navigate the page with arbs on mobile quite as easily as on desktop. The fact that with RebelBetting Value Betting mobile is part of the package for me is a great thing.
- Bet Tracker: Straightforward and highly functional. The Bet Tracker function saves quite some time. It also grades your bets automatically and allows you to export your results or analyze them directly in the tool.
ValueBetting by RebelBetting: Conclusion
All in all, after having spent around a month placing bets and analyzing the tool, I struggle to find any important functionality necessary for value betting that the tool is not offering. ValueBetting by RebelBetting has everything you need, is very easy to use and comes at a very affordable price. The two-for-one subscription offer (valid till 31.5.2020) gives you the first two months at a significant discount. The profit guarantee will grant you the second month for free as well in the unlikely event that you don’t make any profit in the first one. All things considered it is quite a low-risk purchase and a great way to give Technical Value Betting a try if you haven’t done so so far.
That is all to the ValueBetting tool by RebelBetting – a great piece of software if you ever wish to make some money with Technical Value Betting. If you have any questions or comments about the service, just drop them in the comment section below and I will reply as soon as possible. Thanks for reading and see you around!