Getting Started with Fair Odds Terminal
Learn how to find profitable bets in 10 minutes
💡 What is Fair Odds Terminal?
We track Pinnacle (the sharpest bookmaker in the world) and alert you when their odds drop. This often means the "true" odds have changed — but other bookmakers like Bet365, Unibet, etc. haven't updated yet. You bet at those slower bookmakers before they catch up = profit.
📺 Video Tutorials
Watch these short videos to see exactly how to find value bets. Each video shows a different bet type.
🏆 How to Find Value Bets (Moneyline)
Start here! Learn how to find value on match winners (1X2, Home/Away)
🎯 How to Find Over/Under Value Bets
Learn how to spot value in totals markets (Over 2.5 goals, Under 3.5, etc.)
📊 How to Find Spread (Handicap) Value Bets
Learn how to spot value in Asian Handicap and spread markets
🎯 The Basic Idea (Simple Version)
Here's all you need to know:
Pinnacle drops their odds
This means sharp bettors have bet heavily on one side. The "true" probability has shifted.
We show you the alert
You see it in the terminal immediately with all the details you need.
You check your bookmaker
Go to Bet365, Unibet, or whoever you use. Look at their odds for the same bet.
Compare: Is their odds higher than NVP?
NVP = the true fair price. If your bookmaker offers more than NVP, that's a value bet!
Place your bet quickly
The window closes fast. Bookmakers will adjust their odds within minutes.
Alert shows: Liverpool vs Chelsea, Liverpool to win, NVP = 1.85
You check Bet365: Liverpool to win = 2.00
Result: 2.00 is higher than 1.85 → This is a value bet! ✅
The true odds are 1.85 but you're getting paid 2.00. Over time, this edge adds up.
📖 What is NVP?
NVP stands for "No Vig Price" — it's the true fair odds without the bookmaker's profit margin.
Think of it like this: if a coin flip is 50/50, the fair odds would be 2.00. But bookmakers might offer 1.90 on both sides (that's their margin). NVP removes that margin to show you the real probability.
The simple rule:
Your bookmaker's odds higher than NVP = Value bet ✅
Your bookmaker's odds equal or lower than NVP = Skip it ❌
⚡ Your Daily Routine
Here's what you do every day:
- Log into your bookmaker accounts — Have Bet365, Unibet, etc. ready with money deposited
- Open Fair Odds Terminal — Keep it visible on your screen
- Enable sound alerts — So you hear when new opportunities appear
- When an alert appears:
- Check the NVP value
- Go to your bookmaker
- Find the same match and bet
- If their odds > NVP, place the bet
- Act fast — You usually have 1-5 minutes before the opportunity disappears
⚙️ Quick Setup
1. Set Your Bankroll (Important!)
Click the Settings button and enter:
| Setting | What to enter |
|---|---|
| Bankroll | Your total betting money (e.g. €1000) |
| Kelly Divider | Use 3-5 (higher = safer, smaller bets) |
| Min % per bet | 0 (leave at zero, this is optional) |
| Max % per bet | 2% recommended (never risk too much on one bet) |
2. Turn On Sound
In Settings, enable sound effects. This way you'll hear a notification when new value bets appear — you don't need to stare at the screen constantly.
3. Set Up Filters (Optional)
You can filter to only see certain sports, leagues, or bet types. Click the filter icon to customize what alerts you see.
💡 Tips for Beginners
- Start with small stakes — Learn the process before betting big
- Speed is everything — Have your bookmaker logged in and ready
- Don't bet everything — Even value bets lose sometimes. It's about long-term profit
- Trust the math — You'll have losing days. That's normal. Over 100+ bets, the edge shows
- Track your bets — Use our Bet Tracker to see your actual results
⚠️ Important: A big odds drop does NOT automatically mean value. Always check that your bookmaker's odds are still higher than NVP before betting. If they've already adjusted, skip it.
💡 Pro tip: The best opportunities are on less popular leagues where bookmakers are slower to react. Don't ignore smaller leagues!
📉 Understanding Variance
Even with a real edge, you will have losing streaks. This is called variance — the natural ups and downs of betting. It doesn't mean you're doing something wrong.
Think of it like a casino: the casino has an edge on every roulette spin, but they still lose individual spins all the time. They profit because they play thousands of spins. You need to think the same way.
The key to beating variance:
🎯 Bet small, bet often. Instead of placing a few big bets, place many small bets.
This smooths out the ups and downs dramatically.
📊 Volume is your friend. After 50 bets, your results could still look random.
After 500+ bets, your edge starts showing clearly. The more bets you place, the closer your results get to the expected profit.
💰 Never bet more than 2% of your bankroll on a single bet.
This protects you from big swings and ensures you can survive losing streaks without going broke.
Imagine you have a 5% edge on every bet.
After 10 bets: You could easily be down. Variance is huge. 😰
After 100 bets: You'll probably be in profit, but it's still bumpy. 📈
After 1000 bets: You're almost certainly in profit. The math works. ✅
This is why small stakes + high volume = the winning formula.