For pro punters & multi-bookie Australians

The Australian betting toolkit that finds the edge and tracks your book of accounts.

Arbs, +EV, middles, and bonus-bet conversions in one scanner. Per-book balances, turnover, limitation risk, and CLV in one tracker. Built for serious punters — not casuals.

14-day money-back guarantee · Cancel any time · 18+ only

0+

Monthly scan volume

0

Australian books

0.0%

Typical arb margin

0s

Scan interval

Strategy scannerLive · 20s
TypeEvent · BooksEdge
  • Arb 2-way

    Richmond vs Carlton

    AFL · Sportsbet / TAB

    +2.8%

    margin

  • +EV

    Storm vs Panthers

    NRL · Unibet vs Pinny

    +4.1%

    edge

  • Middle

    Suns @ Lakers O/U

    NBA · PointsBet / Ladbrokes

    221.5 / 224.5

    window

  • Bonus SNR

    Race 6, Flemington

    Racing · Neds → Betfair

    78.4%

    convert

Account register4 / 12 books
BookTurnover · MixBalance
  • Sportsbet

    SBT

    42% · Arb · EV

    $1,284.50

  • Ladbrokes

    LAD

    71% · Bonus heavy

    $640.20

  • TAB

    TAB

    28% · Arb anchor

    $2,015.00

  • PointsBet

    PBT

    94% · Limitation

    $92.40

Bet log · CLV+2.1% avg
TypeBetTaken → CloseCLV
  • +EV

    Adelaide ML

    2.141.96

    +4.8%

  • Arb

    Dockers +18.5

    1.921.88

    +1.2%

  • Middle

    Knicks O 221.5

    1.911.99

    -2.3%

Auto-logged from scannerATO export ready

Strategy coverage

Four ways to extract value. One scanner.

Treat your punting like a portfolio. Sherwood covers every advantage-betting strategy that works on Australian books — so you never miss a shape of edge.

01 · Arbitrage

Back both sides, lock the margin

When two Australian books disagree on the same two-way line, Sherwood splits your stake so every outcome pays the same. Both legs on at posted prices, margin booked.

Typical margin2-4%
  • 2-way + 3-way markets
  • Optimal stake splits
  • 7+ Australian books
02 · +EV betting

Take the price before the market corrects

When a soft book prices an outcome above sharp consensus, that's positive expected value. Sherwood surfaces the price, the edge, and a Kelly-sized stake.

Typical edge3-8%
  • Sharp-line consensus model
  • Kelly fraction sizing
  • Edge decay timers
03 · Middles

Scoop both sides of a line move

When two books post different spreads or totals, there's a window where both bets can win. You hold a free shot at the middle, with a defined worst-case cost.

Risk profileCapped downside
  • Totals + handicaps
  • Middle-hit probability
  • Worst-case cost shown
04 · Bonus conversion

Turn SNR promos into withdrawable cash

Australian books push bonus bets constantly. Sherwood models the optimal back-lay pair per promo and tracks your inventory until every bonus clears.

Conversion rate70-85%
  • SNR + turnover promos
  • Lay sizing with commission
  • Expiry alerts
Account register4 / 12 books
BookTurnover · MixBalance
  • Sportsbet

    SBT

    42% · Arb · EV

    $1,284.50

  • Ladbrokes

    LAD

    71% · Bonus heavy

    $640.20

  • TAB

    TAB

    28% · Arb anchor

    $2,015.00

  • PointsBet

    PBT

    94% · Limitation

    $92.40

Account register

The tracker WagerWise forgot to build.

Built for operators running 5+ accounts. Every bet is routed to the right book. Every bonus bet is tracked until it clears. Every stake-size reduction and rejected wager is logged.

  • Per-book balanceReconciled against every settled bet
  • Turnover ledgerProgress toward promo & bonus requirements
  • Strategy mixArb vs EV vs bonus share per account
  • Limitation scoreEarly-warning signal before the gub

Closing-line value

Know if you're beating the close.

If your CLV is positive, you're sharp. Sherwood computes it automatically on every bet using our historical odds snapshots. No other Australian tool ships this.

Taken / Close snapshots captured at bet placement and market close.

CLV % quantifies your edge independent of variance — the only metric that distinguishes skill from luck.

CLV distribution · 85 bets

Positive CLV means your taken price beat the close.

66%

positive CLV

2
4
9
14
19
17
11
6
3
-6-4-2 0+2+4+6+8+10

Sherwood snapshots closing prices for every market you touch. The histogram refreshes as bets settle.

The wedge

The only Australian tool that unifies strategy detection, account health, and tax records.

WagerWise has scanners but a weak tracker. BonusBank tracks well but can't find bets. Outmatched is cheap but bring-your-own spreadsheet. Sherwood is the one product that does both.

Unified product comparisonSherwood leads 10 / 11 categories
SherwoodA$59/moWagerWiseA$79.95/moBonusBankA$47-59/moOutmatchedA$20-35/mo
Arbitrage scanner
+EV scanner
Middles detection
Bonus conversion finderpartial
Multi-book account registerpartial
Bonus bet inventory
CLV tracking
Limitation risk scoring
EOFY tax CSV exportpartial
Auto-log from scanner
Mobile app

Competitor feature availability based on public pricing pages as of this quarter. Partial = limited implementation or add-on only. We update this table when competitors ship.

Worked example

Model what your inputs would return.

Stake size, frequency, assumed margin — arithmetic result if every leg fills at posted price. The 2-3% range reflects what our scanner typically surfaces across Australian books. A model, not a forecast.

Weekly

+$525

Monthly

+$2,250

Yearly

+$27,375

Monthly ROI on turnover

225%

Worked example — not a forecast

Figures are calculated arithmetic from the inputs above assuming both legs always fill at the posted prices. Real outcomes depend on opportunity volume, execution speed, stake limits, voided or partially-filled legs, palpable-error cancellations, and bookmaker restrictions. The 2.5% margin and 3 arbs/day you selected are adjustable assumptions, not guarantees. Not financial advice.

Worked example — 30-day projection

$1,000/bet compounded arithmetically

Assumes 3 arbs/day at 2.5% margin, both legs fill at posted prices

Illustrative
+$10,090

Opportunities

90

Both legs required

Yes

Modelled profit

+$2,250

An arbitrage pays out regardless of which side wins only if both legs execute at the posted prices for the planned stakes. If one leg voids, is partially filled, is repriced, or a bookmaker limits the stake, the position becomes a one-sided bet with ordinary loss risk.

7-day scenario

How the strategies combine on paper.

A worked example of $1,000 flat staking across arbitrage, Kelly +EV, and bonus-bet turnover over a plausible 7-day slice. Figures are illustrative scenario data — not a backtest. Toggle strategies to isolate shape.

$1,000/bet staking
Modelled

Cumulative P&L — 7-day worked example

+$1,763

ArbitrageKelly +EVBonus harvesting
$0$588$1,175$1,763MonTueWedThuFriSatSun+$1,763

Weekly

+$1,763

ROI

25.2%

Bets

83

Both legs req.

Arb/Bonus

Arbitrage

47 bets · 100% both-leg fill

+$992
Kelly +EV

24 bets · 58.3% win

+$451
Bonus harvesting

12 bets · 100% turnover clear

+$320

Methodology & known risks

Data source: Hardcoded illustrative scenario, not a backtest of live scanner output. Staking model: $1,000 flat stake per arbitrage and bonus-turnover bet; half-Kelly sizing for +EV bets with 58% modelled hit rate. Known risks that can erase modelled returns:price movement between leg-one and leg-two placement, partial fills, stake limits, voided or resettled legs, palpable-error cancellations, bookmaker account restrictions, bonus-bet T&C changes, and variance on the +EV strategy (negative days are expected and shown). Past or modelled performance does not guarantee future results. 18+ only. Not financial advice.

Get started

If you're scratching out $200/week from bonuses, you deserve better than a spreadsheet.

Strategy detection, account health, and EOFY tax records — one subscription. Start with the free calculators, or jump to Pro at A$59/mo.

Free tier forever · Pro from A$59/mo (A$49/mo billed annually) · 14-day money-back

18+Chances are you're about to lose.Help: 1800 858 858