Quick Start Guide
What you'll need: Email address, payment method, and access to at least one sportsbook account
This guide will walk you through setting up your BetterSlip account and finding your first profitable betting opportunity. By the end, you'll be ready to start making smarter, more profitable bets.
Step 1: Create Your Account
- Visit BetterSlip.com: Go to betterslip.com/register
- Choose Your Plan: Select the plan that best fits your betting volume and goals
- Enter Your Details: Provide your email, create a secure password, and verify your account
- Complete Payment: Add your payment method to activate your subscription
Step 2: Configure Your Preferences
After logging in, you'll be guided through an onboarding process to set up your betting preferences:
🎯 Risk Tolerance
- Conservative: Focus on low-risk arbitrage opportunities with guaranteed profits
- Moderate: Balanced mix of arbitrage and positive EV opportunities
- Aggressive: Higher risk/reward with emphasis on positive EV and middles
💰 Bankroll Settings
- Set your total bankroll amount
- Define maximum bet sizes (recommended: 1-5% of bankroll)
- Configure minimum profit thresholds
📱 Notification Preferences
- Choose notification methods (email, SMS, push notifications)
- Set alert frequency and minimum opportunity values
- Configure quiet hours if needed
Step 3: Connect Your Sportsbooks
BetterSlip works best when you have accounts with multiple sportsbooks. Here's how to get started:
Recommended Sportsbooks
🥇 Tier 1 (Essential)
DraftKings, FanDuel, BetMGM, Caesars - These major books offer the most opportunities
🥈 Tier 2 (Recommended)
PointsBet, BetRivers, Barstool, WynnBET - Additional opportunities and better line shopping
🥉 Tier 3 (Advanced)
Smaller books and regional operators - For maximum arbitrage opportunities
Step 4: Fund Your Accounts
To take advantage of opportunities, you'll need funds in multiple sportsbook accounts:
- Distribute funds: Split your bankroll across 3-5 sportsbooks
- Keep reserves: Maintain 20-30% in easily movable funds
- Use quick deposit methods: Enable instant deposits where available
- Monitor balances: Set up low-balance alerts to avoid missed opportunities
Step 5: Find Your First Opportunity
Now you're ready to start finding profitable bets! Here's how:
- Access the Dashboard: Log into your BetterSlip account and navigate to the main dashboard
- Choose Your Tool: Start with "Arbitrage Finder" for guaranteed profits
- Review Opportunities: Browse the list of current arbitrage opportunities
- Select an Opportunity: Click on one that fits your bankroll and preferences
- Review Details: Check the bet amounts, expected profit, and time sensitivity
- Place Your Bets: Follow the step-by-step instructions to place bets on both sides
Understanding Your First Arbitrage
Let's walk through a typical arbitrage opportunity:
Game: Lakers vs Warriors
Bet 1: Lakers +3.5 at DraftKings (-110) - Bet $110
Bet 2: Warriors -3.5 at FanDuel (+105) - Bet $100
Total Investment: $210
Guaranteed Return: $220 (regardless of outcome)
Profit: $10 (4.76% return)
How It Works:
- If Lakers cover: Win $100 on DraftKings, lose $100 on FanDuel = $220 total
- If Warriors cover: Lose $110 on DraftKings, win $105 on FanDuel = $220 total
- You profit $10 no matter who wins!
Best Practices for New Users
✅ Do's
- Start with small bet sizes until you're comfortable
- Double-check all bet slips before placing
- Act quickly on time-sensitive opportunities
- Keep detailed records of all bets
- Use BetterSlip's recommended stake amounts
- Set up account alerts for balance monitoring
❌ Don'ts
- Don't bet more than you can afford to lose
- Don't chase losses with bigger bets
- Don't ignore line movements after placing first bet
- Don't use funds needed for essential expenses
- Don't place bets without understanding the opportunity
- Don't neglect to verify bet confirmations
Common Beginner Questions
Q: How much money do I need to start?
We recommend starting with at least $500-1000 spread across multiple sportsbooks. This allows you to take advantage of most arbitrage opportunities while maintaining proper bankroll management.
Q: How quickly will I see profits?
Arbitrage profits are immediate and guaranteed. You'll see returns as soon as both bets are placed, regardless of the game outcome. Most users see their subscription cost covered within the first week.
Q: What if a sportsbook limits my account?
Account limitations can happen to successful bettors. We provide strategies to minimize this risk and help you maintain access to opportunities across multiple books.
Q: Do I need to watch the games?
No! With arbitrage betting, you profit regardless of the outcome. You can place your bets and know you've already secured a profit.