OddSenseOddSense

How OddSense works

What the numbers mean, and what they don’t
01

The short version

OddSense does two things for each game: it compares the prices bookmakers offer with a fair value for the same outcome, and REF, its analyst, reads the game and says which bets it would take. It is not a bookmaker, it holds no money, and it never promises a result.

1
Take the prices

For each outcome we collect the prices of several bookmakers and keep the best one.

2
Work out fair value

We remove each bookmaker’s margin and average what is left. The gap between the best price and that fair value is the edge.

3
REF reads the game

REF looks at form, past meetings, the table and the news, gives each outcome a chance, and picks the bets worth their price.

Best price2.60
Fair probability40%
Edge+4.0%
02

REF’s picks

REF is OddSense’s analyst: an AI model that reads each game before kickoff and writes what it thinks. Its picks are opinions, and it can be wrong.

What REF reads

Each side’s recent results and how hard they were, their past meetings, the competition table, and what a web search turns up about the game: injuries, absences, changes. It only cites what it found there.

The main pick

One bet per game: the one REF would take, with its read of the game, the reasons for it and at least one reason it could go the other way. It always shows first.

A pick in each market

REF also gives its chance for every selection, and a pick in the markets where one is worth taking. Lines of the same kind (totals, handicap, team totals) share one pick and one read.

When there is no pick

A market has no pick when nothing in it is worth its price by REF’s own numbers, when it would only repeat the main pick, or when it could not win together with it. The page then says REF found no value there.

Picks that can win together

Everything REF backs in a game has to be able to win at once: some final score wins the main pick and every market’s pick. It never backs a side to win and the other side’s handicap.

Picks of the day

Each day REF chooses a few of its picks as singles and builds a few multiples from them, each with a suggested stake in units. Once a day’s games start, the day’s picks are never changed.

How it has done

Analytics shows REF’s record: how many picks won, what they returned, and whether its chances were right. It is worked out from the finished games, with nothing left out.

Signed out and signed in

Without an account you see each game’s first pick and today’s first pick of the day. A free account shows every pick, REF’s chances and reads in each market, and lets you ask REF questions.

03

Reading a price row

Every market on a game page is a list of rows like this one. Tap a row to open REF’s read of it.

1
2
3
4
Selection
Best price
REF’s chance
Over 2.5Pick
1.90
58
REF’s chance
Add
1
Selection and pick

The outcome you would back. The one marked Pick, in gold, is REF’s pick in that market. A market REF backs nothing in has no mark.

2
Best price

The highest decimal price among the bookmakers we compare. A price of 1.90 returns 1.90 for each 1 staked, stake included.

3
REF’s chance

How likely REF thinks the outcome is, from 0 to 100. Where REF has not read the market yet, the bar shows agreement instead: how far the bookmakers line up on the price.

4
Add

Adds the price to your slip, to record the bet you place with a bookmaker. OddSense does not place bets. It goes away once the game starts.

04

How edge works

Edge compares a price with fair value. It never says what will happen.

Edge = best price × fair probability − 1
1
Prices to probabilities

Each bookmaker’s prices become probabilities: one divided by the price.

2
Remove the margin

Each bookmaker’s probabilities are scaled to add up to 100%, which takes its margin out.

3
Average

The margin-free probabilities are averaged across the bookmakers. That is the fair probability.

4
Compare

Multiply the best price by the fair probability and subtract one. That is the edge.

Try it
Change the two numbers and watch the rest follow.
Implied by the price
38.5%
Fair price
2.50
Edge
+4.0%
Pays more than fair valueCounts as above fair value (edge of 0.4% or more)
The 0.4% cutoff

A price counts as above fair value when its edge is at least 0.4%. The cutoff keeps tiny rounding differences between bookmakers from counting.

Below fair valueWithin the cutoffAbove fair value
< 0%0% – 0.4%≥ 0.4%
Edge compares, it doesn’t promise

A positive edge does not mean the outcome will happen or that you will profit. It can also mean one bookmaker is out of line with the rest, or that a price has gone stale.

It needs several bookmakers

Edge only exists where we compare several bookmakers: the main games of the next 24 hours. A game with one bookmaker’s price has a fair value and no edge.

Very large edges need caution

They can reflect a stale price, a thin market with few bookmakers, or a long shot where the consensus is less reliable. REF does not back a price just because its edge is big.

05

Agreement

Agreement says how far to trust a market’s fair value: it is not the chance of winning. It shows on a price where REF has not given its own chance.

How many bookmakers

More bookmakers quoting the market means a sturdier consensus. It counts up to ten.

7 of 10 quoting
How closely they line up

When the bookmakers’ probabilities sit close together, agreement is high. When they spread out, it drops.

Close together
Spread out
How it is shown

A bar and a word, with a score out of 100 beside the bar.

Lowunder 70
55
Moderate70 to 79
74
High80 or more
92
06

The slip

The slip is where you put the bets you place with a bookmaker, to keep a history of them. It does not place bets.

1
Stake

What you put on the bet, in your currency (Account → Appearance).

2
Odds

The price of the leg when you added it. A multiple’s odds are its legs’ odds multiplied.

3
Multiple or singles

A multiple is one bet where every leg has to win. Singles are one bet per leg.

4
Potential return

Your stake times the odds: what comes back if the bet wins.

Your history is on your account page. A bet closes on its own once its games have finished, usually within a couple of hours, and the bell at the top tells you whether it won or lost. A price can’t be added once its game has started.

07

Live games

While a game is on, the page shows a live clock, the score and what happened. Here is how to read it.

Status
  • UpcomingHas not kicked off.
  • LiveHas kicked off and is not over yet. Its prices are the last ones from before kickoff.
  • FinishedMarked finished by a source, or long past kickoff: three hours for football.
The clock
  • 57'From the live scoreboard.
  • ~57'An estimate from the kickoff time, used when the scoreboard doesn’t cover the game. Breaks and stoppage time make it a guess.
Score markers
  • Goal
  • Own goal, listed under the team that benefits
  • Yellow card
  • Red card
  • Substitution: the player coming on, then the player going off
Where it comes from

The clock, score, goals, cards, substitutions, match stats and final results come from a public live scoreboard for the games it covers. That scoreboard is unofficial, doesn’t cover every league, and can be a couple of minutes behind. For a game it doesn’t cover, the final result comes later from the provider of the prices.

Finished games

You can look back two days. A finished game shows the last prices stored before kickoff, read-only, and whether each of REF’s picks won or lost.

08

Data and limits

Where prices come from

OddsPapi. For the main games of the next 24 hours we compare about 15 bookmakers: fair value is their average with each one’s margin taken out, and that is what the edge is measured against. The other games show a single sharp bookmaker’s price and its fair value, with nothing to compare it with, so no edge. The best price shown is the best among those we compare, not necessarily the best in the whole market.

How fresh they are

Refreshed once a day, during the night in Portugal, so they can be hours old. A bookmaker may have moved or withdrawn a price since. Always check the price on the bookmaker’s site before you bet.

What is covered

Football. About 90 competitions: the main European leagues and cups, UEFA’s club competitions, national teams, and the top leagues of Brazil, Argentina, the USA, Mexico and others, men’s and women’s. Markets: match result, double chance, draw no bet, totals, team totals, handicap and both teams to score.

Why something is missing

Bookmakers usually post prices close to a game, so games more than a few days ahead aren’t listed. A bookmaker may not offer a market, the competition may not be one we follow, and REF may not have read a game that was added late.

09

More questions

Is OddSense a bookmaker?

No. It doesn’t take bets and never holds your money. You place bets with the bookmaker yourself.

What is REF?

REF is OddSense’s analyst: an AI model that reads each game (form, past meetings, the table, the news) and writes its read, the chance it gives each outcome, and the bets it would take.

It is an opinion, worked out before kickoff from what was known then. It can be wrong, and it never claims a result is certain.

Does OddSense tell me who will win?

It tells you what REF thinks is likely and which bets it would take, with the chance it gives each. That is an estimate, not a promise: a pick REF rates at 70% still loses about three times in ten.

The other figures on the site (fair value, edge, agreement) compare prices and predict nothing.

How do I know if REF is any good?

Open Analytics. It shows how many of REF’s picks won, what they would have returned at the prices shown before kickoff, and how its chances compared with what happened. It is worked out from the finished games every time you open it, and no pick is left out.

Why can’t I see every pick?

Without an account, each game shows its first pick and the picks of the day show today’s first bet. Creating an account is free and shows the rest: every market’s pick, REF’s chances and reads, earlier days’ picks, and the chat with REF.

Why does a market have no pick?

Because REF found nothing in it worth taking: the likeliest outcome pays too little for its chance, the pick would only repeat the main one, or it couldn’t win together with the main pick. A market REF hasn’t read yet says so instead.

Is this betting advice?

No. REF’s picks are its opinion and the figures are estimates, for information. Every bet can lose, and the decision is always yours. If you bet, only stake what you can afford to lose, and use the deposit limit and helpline links in the footer if you need them.

What is closing edge?

For games already played, the prices shown are the last ones we stored before kickoff, and their edge is the closing edge. These are history, not offers, so they can’t be added to a slip.

Estimates and opinions for information, not a promise of a result or betting advice. Every bet can lose.