Welcome to OpticOdds Inc. (referred to in these terms as “we”, “our” and “us”)! As you have just clicked our Terms of Service, please pause, grab a cup of coffee and carefully read the following pages. It will take you approximately 20 minutes.
These Terms of Service (“Terms”, “Terms of Service”) govern your use of our odds data, data feeds, website and any other services provided at https://opticodds.com (the “Service”) operated by OpticOdds Inc
Our Privacy Policy also governs your use of our Service and explains how we collect, safeguard and disclose information that results from your use of our web pages. Please read it here https://opticodds.com/privacy.
Your agreement with us includes these Terms and our Privacy Policy (“Agreements”). You acknowledge that you have read and understood the Agreements, and agree to be bound by them.
You may not use the Service for any revenue-generating endeavor or commercial enterprise.
If you do not agree with (or cannot comply with) these Agreements, then you may not use the Service, but please let us know by emailing support@opticodds.com so we can try to find a solution. These Agreements apply to all visitors, users and others who wish to access or use the Service.
Thank you for being responsible.
By creating an account on our Service, you agree to subscribe to newsletters, marketing or promotional materials and other information we may send. However, you may opt out of receiving any, or all, of these communications from us by following the unsubscribe link or by emailing support@opticodds.com.
If you wish to purchase any product or service made available through Service (“Purchase”), you may be asked to supply certain information relevant to your Purchase including, without limitation, your credit card number, the expiration date of your credit card, your billing address, and your shipping information.
You represent and warrant that: (i) you have the legal right to use any credit card(s) or other payment method(s) in connection with any Purchase; and that (ii) the information you supply to us is true, correct and complete.
We may employ the use of third party services for the purpose of facilitating payment and the completion of Purchases. By submitting your information, you grant us the right to provide the information to these third parties subject to our Privacy Policy.
We reserve the right to refuse or cancel your order at any time for reasons including but not limited to product or service availability, errors in the description or price of the product or service, errors in your order or other reasons.
We reserve the right to refuse or cancel your order if fraud or an unauthorized or illegal transaction is suspected.
Any contests, sweepstakes or other promotions (collectively, “Promotions”) made available through Service may be governed by rules that are separate from these Terms of Service. If you participate in any Promotions, please review the applicable rules as well as our Privacy Policy. If the rules for a Promotion conflict with these Terms of Service, Promotion rules will apply.
1. Compare Historical Win Rates to Offered Odds:
- a) If a sportsbook offers moneyline odds that suggest a favorite has a 60% chance of winning at a particular spread. Still, historical data shows that favorites at that spread win 70% of the time; there may be value in betting on the favorite.
2. Identify Mispriced Odds:
- a) Sometimes, sportsbooks set odds that don’t perfectly align with historical probabilities due to market pressures or other factors.
- b) By identifying these mispricings, bettors can capitalize on opportunities where the potential payout exceeds the risk.
3. Adjust Betting Strategies Based on Spread Levels:
- a) Understanding that favorites win more frequently at higher spreads can inform decisions about when to bet on favorites versus underdogs.
- b) For instance, at spreads of 7 points or more, favorites win approximately 75% of the time.
A game has a point spread of 7 points, and the sportsbook offers moneyline odds of -280 for the favorite. Historical data suggests the favorite wins 76.8% of the time at this spread, corresponding to moneyline odds of approximately -331. The sportsbook’s odds are more favorable than the historical data suggests, indicating potential value in betting on the favorite. Caveats:
- Sample Size Considerations: Some spread levels have fewer games, which may affect the reliability of the win rates.
- Changing Dynamics: The NFL evolves, and factors such as rule changes or team strategies may impact the applicability of historical data to current games.
- Variance: Upsets happen, and no betting strategy is foolproof. It’s essential to manage risk appropriately.
Some parts of the Service are billed on a subscription basis (“Subscription(s)”). You will be billed in advance on a recurring and periodic basis (“Billing Cycle”). Billing cycles are set either on a monthly or annual basis, depending on the type of subscription plan you select when purchasing a Subscription.
At the end of each Billing Cycle, your Subscription will automatically renew under the exact same conditions unless you cancel it or we cancel it. You may cancel your Subscription renewal either through your online account management page or by contacting our customer support team.
A valid payment method, including credit card or PayPal, is required to process the payment for your subscription. You shall provide us with accurate and complete billing information including full name, address, state, zip code, telephone number, and valid payment method information. By submitting such payment information, you automatically authorize us to charge all Subscription fees incurred through your account to such payment instruments.
Should automatic billing fail to occur for any reason, we will issue an electronic invoice indicating that you must proceed manually, within a certain deadline date, with the full payment corresponding to the billing period as indicated on the invoice.
