Bet Hero Review: Could This Be The Smartest Way To Bet?

Bet Hero is a new service that focuses on profiting from value and arbitrage betting.

These are two proven methods which have shown to be profitable over the long term…

In today’s review, we are going to look at all the key points surrounding Bet Hero.

  • How does Bet Hero compare to existing value betting/arbitrage providers?
  • Which bookmakers does it offer?
  • Can you use Bet Hero on the exchanges?
  • Does it offer anything new?
  • How much does the service cost?

How Bet Hero Works

Bet Hero is a really simple service to use.

Once you have signed up, you can set your total bankroll and odds format. Then you will get the choice to choose your staking strategy. Bet Hero uses a staking formula called the Kelly criterion, this staking formula adjusts your stake depending on the odds and edge a bet has at the time you bet it.

The higher the edge the more the Kelly criterion suggests you stake.

Full Kelly represents the most aggressive staking plan, which means you will be staking a higher percentage of your bankroll per bet. Whilst eigth Kelly is the least aggressive of the staking methods.

After you have set up your bankroll. It’s time to look at the bookmakers you have available to you.

Bet Hero covers over 200 bookmakers, however different bookmakers will be available to you depending on your country of origin.

If you are based in the UK these are the bookmakers/exchanges that Bet Hero offer;

  • 888
  • All British Casino/Golden Palace/Lottoland
  • Azuro (Crypto Book)
  • Dafabet UK (Plus 4 clones)
  • Betfair/Pokerstars/Paddpower
  • Betfair Exchange
  • BetVictor (Plus 3 clones)
  • Unibet (Plus 6 clones)
  • Ladbrokes/Coral
  • Virginbet
  • Daznbet
  • 10bet
  • Bet365
  • Betfred
  • Betway
  • Boylesport
  • Dexsport
  • Matchbook
  • Midnite
  • Skybet
  • Zebet

As you can see from the list Bet Hero does cover both Betfair and Matchbook. However, using the value betting software the vast majority of bets are with bookmakers.

Once you have set up your bankroll and the bookmakers you have available to use. Then you can move on to the value betting and arbitrage parts of the software. This is where you make your money with Bet Hero.

Value Betting Software

First off let’s take a look at the value betting aspect of Bet Hero.

Value betting is a method that compares soft bookmaker odds to sharp bookmaker odds (usually Pinnacle Sports, however there are other sharp bookmakers). When a positive discrepancy is found between the two, the soft bookmaker offers better odds than the sharp bookmaker. A value bet is highlighted by the software.

If we look at the value bets on offer today. We can see that Bet365 and BetMGM are offering some decent value bets (Indicated by the EV figure on the left).

The top value bet shows a positive difference of 6.52% with the fair odds calculated at 2.44, whilst Bet365 are offering odds of 2.6. The software takes into account the margin (vig) and recommends a stake based on your total bankroll, alongside the edge of the bet.

Consistently taking these value bets has proven to be profitable over the long term. However, in the short term there can be variance and losing periods are still common. If you want to avoid the variance of value betting then you can always employ an arbitrage betting strategy.

Arbitrage Betting Software

If value betting doesn’t appeal to you but locking in small consistent profits does. The arbitrage betting software might be the method that you want to look at.

Arbitrage betting involves covering all outcomes of an event in order to lock in a guaranteed profit.

Above is an example of an arbitrage bet that is currently available between two bookmakers. This bet is on the yellow card over under market. It offers a guaranteed 4.2% return on your overall stake as you cover all outcomes of that market.

One of the stand-out aspects of Bet Hero is the amount of markets it covers. It covers many secondary markets such as card/corners etc that many value betting/arbitrage software do not. Due to this you will often find arbitrage bets between two soft bookmakers.

This can be an advantage for arbitrage bettors as bookmakers may be less likely to limit your account with these arbitrage bets. Due to the fact they are unable to compare the odds with a sharp bookmaker.

Which Sports and Markets Does Bet Hero Cover

Bet Here covers 26 different sports including;

  • Football
  • Baseball
  • Tennis
  • Basketball
  • Chess
  • Boxing
  • MMA
  • Tennis
  • Cricket

In terms of markets, one of the strengths of Bet Hero is that it covers all the usual big markets. For example 1×2, Asian handicap and under/overs are all covered. However it also looks at secondary markets such as player props etc.

Above you can see how Bet Hero found a player prop bet with 9.27% positive expectancy.

What Makes Bet Hero Different?

There are multiple value betting/ arbitrage betting services available. This might leave you wondering if there is anything that makes Bet Hero unique.

First off Bet Hero is one of the only value betting services to start covering cryptocurrency bookmakers. For those of you reading who are investing in cryptocurrency could definitely be beneficial.

Secondly, Bet Hero has integrated their software to work with Discord. This means that you can set up alerts on both your desktop or phone. So that you are notified whenever a value bet  or arbitrage bet which matches your criteria is found by the Bet Hero software.

The last point that makes Bet Hero stand out is the depth of markets that they cover. Often the biggest mistakes bookmakers will make with pricing their odds is on secondary markets. These are markets that don’t usually take in as much money so bookmakers don’t monitor them as would the match odds market for example.

Overall Bet Hero does a great job of finding these high percentage value bets.

Bet Hero Free Trial And Pricing

Bet Hero currently offers a 3-day trial period if you want to test out the software for yourself.

They currently offer two pricing plans.

  • Monthly subscription for €99
  • Yearly plan which is €792 (€66 a month)

In terms of pricing, Bet Hero is in line with other value betting and arbitrage software providers such as Rebelbetting. The free trial period is slightly shorter then that other by other value betting companies. However, if you activated it on a Friday it would give you a full weekend to use the software and see if it offers value.

Bet Hero Review Conclusion:

Bet Hero is a strong addition to the growing list of value betting services available. It has a few unique features which may interest even long-term value bettors. The software isn’t as sleek as some of its competitors, however, it is still developing and has a very active Discord community for those who want to engage with other value bettors.

In my opinion, it is definitely worth taking advantage of the free trial offered by Bet Hero. With both value betting and arbitrage betting strategies being covered, there is good money to be made from the software.

Click Here For Your Free Trial

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