If you want to make money with sports betting website, you've probably considered using a dedicated betting algorithm. These complex programs are designed to identify profitable betting opportunities — including value bets and arbitrage bets — by analyzing large amounts of data… but do they really work? In this article, we'll discuss the basics of betting algorithms, including what they are, how they work, and whether you can really make money with them. They use vast amounts of data from past sporting matches so as to identify patterns, which can then be used to calculate the probability of certain sporting outcomes. Although they are far and few between, there are algorithms designed to help in betting arbitrage. Bankroll Management Many people think that making money with value betting is all about finding good value bets, regardless of whether you use an algorithm.