SharpStack Walkthrough: Plus EV, Arbitrage, and Pick'em Tools

We are excited about the launch of our new suite of betting tools, SharpStack! We have primarily focused on originating all of our bets, but are now adding a new angle to attack and beat the betting markets. Leveraging our algorithms, we are unveiling multiple tools to help bettors be even more profitable. This includes a:

• +EV Tool
• Arbitrage Tool
• Pick'Em Tool
• Odds Screen
• Prop Screen
• Bet Tracking
• Algorithm Results
• Betting Calculators

SharpStack is FREE for a limited time just by creating a 4for4 account.

SharpStack Tool Tutorial: Getting Started and Tool Guide

Getting Started

Choose Your Sportsbooks

• Click the “EV Tool”
• Select your preferred sportsbooks (e.g., DraftKings, FanDuel, BetMGM, etc.).
• You can update this selection anytime.

Set your Bankroll & Minimum EV

• Click the gear in the right corner
• Adjust your bankroll
• Adjust Kelly to be 1 or fractional
• Enter minimum EV%

Understand the Navigation Menu

Located on the left sidebar:

• EV Tool – High-value bets based on model edges.
• Bet Tracker – Record and manage your wagers.
• Arbitrage – Identify risk-free betting opportunities.
• Pick'em – Specific tools for pick'em platforms like DK Pick6, PrizePicks, and Underdog
• Odds Screen – Compare lines across books.
• Prop Screen – Visual odds grid for props.
• Results – Track bet outcomes and performance.
• Calculators – Betting calculators for odds, parlays, arbitrage, and more.

Tool-by-Tool Breakdown

1. EV Tool

The Expected Value (EV) Tool is designed to identify bets that offer a long-term edge over the sportsbook by comparing market prices to “true odds.”

How It Works:

• SharpStack’s model ingests market odds across major sportsbooks.
• It adjusts for juice (hold), book sharpness, and historical efficiency to calculate true odds.
• If sportsbook odds are better than true odds, the bet is considered +EV.

What Makes the EV Tool Unique:

• Leverages lines from sharp books like Pinnacle and exchanges (e.g., ProphetX).
• Exploits inefficiencies in public books.
• Uses both EV% and Growth Rate to guide decisions.

How to Use the EV Tool:

• Navigate to the EV Tool from the left sidebar.
• Filter by league, sportsbook, bet type, and start time.
• Click a bet row for details such as:
  • EV%: Expected return per dollar wagered.
  • Growth Rate: Balances longshots with sustainable bankroll growth.
  • Line/Odds: The current sportsbook price.
  • Kelly: Suggests bet size based on your bankroll.
  • Track: Logs your bet and removes it from view.
  • Hide: Hides the bet from your EV screen.
  • Bet: Auto-loads into bet slip if green.

Pro Tip: Filter to only show books you can actually bet on.

2. Bet Tracker

• Manually log bets.
• Track:
  • Live EV
  • Opening and current line
  • Odds and CLV
• Review historical performance.

3. Arbitrage Tool

• Find guaranteed profit opportunities.
• Bet both sides and lock in profits.
• Edit stakes for partial bet limits.
• Green button = auto bet placement available.
• Shows ROI and stake distribution.
• Use the "pin" in the left corner to keep a bet at the top of your feed to avoid reshuffling of values

4. Pick'em Tool

• Built for PrizePicks, Underdog, DK Pick 6 and more.
• Displays edge %, lines, and best picks.
• Add to slip to auto-calculate EV.
• Compare vs sharp books easily.

5. Odds Screen

• Full odds comparison by side/total/prop.
• Organize books by drag-and-drop.
• Green highlight = best available line.
• Includes game-by-game props.

6. Prop Screen

• Odds screen for player props.
• Sorted by bet type (e.g., K’s, TBs).
• Highlights best lines across books.
• Organized by game.

7. Results

• Review historical bets and outcomes.
• Filter by date, league, or bet type.
• See win/loss, CLV, and ROI.

8. Calculators

• Odds Converter – Convert formats (American, Decimal, Fractional).
• Parlay Calculator – Get true parlay odds.
• Poisson Calculator – Estimate stats like blocks, steals, etc
• Arbitrage Calculator – Determine exact stake split for no-risk profit.

Tips:

• Use EV%, Growth Rate, and CLV% to evaluate bets.
• Only include sportsbooks you actively use in filters.
• Need help? Contact support or check the internal Help section.