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API Reference+EV Opportunities

+EV Opportunities

Find positive expected value betting opportunities across all sportsbooks.

GET /api/v1/opportunities/ev

This endpoint replaces the former /positive-ev and /value-bets endpoints. All scoring fields (confidence_score, kelly_percent, fair_probability) are now included in every response.

Multi-book results: When multiple sportsbooks are +EV on the same selection, the API returns a separate opportunity for each book. For example, if DraftKings is +105, FanDuel is +103, and BetMGM is +101 on the same moneyline, you’ll see three entries — each with its own sportsbook, odds_american, ev_percentage, kelly_percent, and confidence_score. Results are sorted by EV% descending by default, so the best-odds book appears first. Use the sportsbook filter to narrow to specific books.

Live game state: EV rows do not carry scores, period, or clock. Live game state is served exclusively by the Game State endpoint and the gamestate stream channel. Join rows to game state by event_id.

Authentication

Requires API key. Pro tier or higher required. Your account must have the ev feature enabled.

Query Parameters

ParameterTypeDefaultDescription
sportstringallFilter by sport(s), comma-separated (e.g. basketball, football, ice_hockey)
leaguestringallFilter by league(s), comma-separated (e.g. nba, nfl, nhl)
sportsbookstringtier-allowedFilter by sportsbook(s), comma-separated. Tier limits enforced.
marketstringallFilter by market type(s), comma-separated. Supports category aliases (main, spread, total, props) or exact types (point_spread, player_points).
eventstringallFilter by game/event ID(s), comma-separated
min_evnumber0Minimum EV percentage threshold
max_evnumberMaximum EV percentage threshold
livebooleantrue = live only, false = prematch only, omit = both
min_oddsnumberMinimum American odds (e.g., -200)
max_oddsnumberMaximum American odds (e.g., +500)
min_market_widthnumberMinimum market width (vig indicator). Lower width = sharper market.
max_market_widthnumberMaximum market width
max_holdnumber5.0Maximum book hold (vig) percentage. Drops opportunities where the market hold exceeds this threshold.
min_kellynumberMinimum Kelly percentage (e.g. 2 = 2% bankroll allocation)
max_kellynumberMaximum Kelly percentage
min_confidencenumberMinimum confidence score (0–100)
max_confidencenumberMaximum confidence score (0–100)
max_odds_agenumberMaximum odds age in seconds. Filters out stale opportunities where the underlying odds are older than this threshold.
is_player_propbooleantrue = player props only, false = game-level markets only
is_alternate_linebooleantrue = alternate lines only, false = main line only
arb_availablebooleantrue = only opportunities that also have an arbitrage cross-reference
player_namestringFilter to a specific player (alias: player). Case-insensitive exact match on the canonical name (e.g. Aaron Judge).
stat_categorystringFilter to a player-prop stat category (e.g. points, rebounds, passing_yards)
selectionstringFilter to a specific selection name (case-insensitive exact match)
devig_bookstringOverride the sharp anchor book used for devigging. Defaults to Pinnacle.
date_rangestringFilter by event date: today, tomorrow, or week. Dates are evaluated in US Eastern Time (ET).
sortstring-evSort field. Options: ev, confidence/confidence_score, kelly/kelly_percent, time/start_time, book_count/books. Prefix with - for descending.
limitinteger50Results per page (max 200)
offsetinteger0Pagination offset (max 5000)

Filtering Multiple Values

Use comma-separated values for multi-select filters:

?sportsbook=draftkings,fanduel&league=nba,nfl

Example Requests

# Basic EV opportunities for NBA curl -X GET "https://api.sharpapi.io/api/v1/opportunities/ev?league=nba&min_ev=2" \ -H "X-API-Key: YOUR_API_KEY"

Response

Success (200)

{ "success": true, "data": [ { "id": "ev_dk_nba_33483153_ml_PHO", "game_id": "evt_nba_phi_pho_20260208", "ev_percentage": 4.2, "odds_american": -105, "odds_decimal": 1.952, "no_vig_odds": -118, "fair_probability": 0.541, "market_width": 3.2, "devig_method": "power", "sharp_book": "pinnacle", "selection": "PHO Suns", "market": "moneyline", "line": null, "sportsbook": "draftkings", "game": "PHI 76ers vs PHO Suns", "sport": "basketball", "league": "nba", "home_team": "PHI 76ers", "away_team": "PHO Suns", "start_time": "2026-02-08T19:00:00Z", "is_live": false, "confidence_score": 87, "kelly_percent": 2.1, "book_count": 5, "arb_available": false, "arb_profit": null, "is_player_prop": false, "player_name": null, "stat_category": null, "possibly_stale": false, "oldest_odds_age_seconds": null, "warnings": [], "detected_at": "2026-02-08T14:22:10.456Z" }, { "id": "ev_fd_nba_33483153_ml_PHO", "game_id": "evt_nba_phi_pho_20260208", "ev_percentage": 2.8, "odds_american": -108, "odds_decimal": 1.926, "no_vig_odds": -118, "fair_probability": 0.541, "market_width": 3.2, "devig_method": "power", "sharp_book": "pinnacle", "selection": "PHO Suns", "market": "moneyline", "line": null, "sportsbook": "fanduel", "game": "PHI 76ers vs PHO Suns", "sport": "basketball", "league": "nba", "home_team": "PHI 76ers", "away_team": "PHO Suns", "start_time": "2026-02-08T19:00:00Z", "is_live": false, "confidence_score": 82, "kelly_percent": 1.5, "book_count": 5, "arb_available": false, "arb_profit": null, "is_player_prop": false, "player_name": null, "stat_category": null, "possibly_stale": false, "oldest_odds_age_seconds": null, "warnings": [], "detected_at": "2026-02-08T14:22:10.456Z" } ], "pagination": { "limit": 50, "offset": 0, "has_more": false, "next_offset": null }, "meta": { "source": "redis", "last_update": "2026-02-08T14:22:10.456Z", "summary": { "count": 24, "avg_ev": 3.8, "max_ev": 7.1, "by_sportsbook": { "draftkings": 9, "fanduel": 8, "betmgm": 7 }, "by_sport": { "basketball": 12 }, "by_market": { "moneyline": 5, "point_spread": 4, "player_points": 3 } }, "filters": { "sport": null, "league": ["nba"], "sportsbook": null, "market": null, "min_ev": 2.0, "max_ev": null, "live": null, "sort": "-ev", "include": null } } }

Response Headers

X-RateLimit-Limit: 300 X-RateLimit-Remaining: 298 X-RateLimit-Reset: 1707401000 X-Data-Delay: 0 X-Request-Id: req_abc123def456

Error Responses

401 Unauthorized

{ "error": { "code": "unauthorized", "message": "Invalid or missing API key", "docs": "https://docs.sharpapi.io/en/authentication" } }

403 Feature Required

{ "error": { "code": "feature_required", "message": "The 'ev' feature is required. Upgrade to Pro or higher.", "docs": "https://docs.sharpapi.io/en/pricing" } }

429 Rate Limited

{ "error": { "code": "rate_limited", "message": "Rate limit exceeded", "docs": "https://docs.sharpapi.io/en/api-reference/overview" } }

Response Fields

Core Fields

FieldTypeDescription
idstringUnique opportunity identifier (hash)
game_idstring|nullAssociated game/event identifier
external_event_idstring|nullSportsbook’s native event ID
selection_idstring|nullSportsbook’s native outcome/selection ID (for deep linking to the bet slip)
ev_percentagenumberExpected value as a percentage (e.g., 4.2 = 4.2% EV). Deprecated alias: ev_percent.
odds_americannumberCurrent American odds at the sportsbook
odds_decimalnumberDecimal odds (e.g., 1.952)
no_vig_oddsnumber|nullFair (no-vig) American odds derived from the sharp line
fair_probabilitynumber|nullNo-vig (devigged) fair probability (0.0 to 1.0)
market_widthnumber|nullWidth of the market (vig indicator)
devig_methodstringDe-vig method used (e.g., power)
sharp_bookstringSharp book used as reference (e.g., pinnacle). Deprecated alias: devig_book.
selectionstringThe selection (team name, Over/Under, player, etc.)
marketstringMarket type (moneyline, point_spread, total_points, etc.)
linenumber|nullSpread/total line (e.g., -3.5, 220.5)
sportsbookstringSportsbook offering these odds. Multiple entries may exist for the same selection if several books are +EV.
gamestringHuman-readable game name
sportstringSport identifier (lowercase)
leaguestringLeague identifier
home_teamstring|nullHome team name
away_teamstring|nullAway team name
start_timestring|nullISO 8601 event start time
is_livebooleanWhether the event is currently live
confidence_scorenumberMulti-factor confidence score (0-100)
kelly_percentnumber|nullFull-Kelly optimal bet percentage of bankroll (0–100, e.g. 2.1 = 2.1% of bankroll). Most practitioners apply a fractional Kelly multiplier (¼ or ½) before sizing — see Kelly Criterion below.
book_countnumberNumber of sportsbooks offering this market
arb_availablebooleanWhether an arbitrage exists on this market
arb_profitnumber|nullArbitrage profit percentage if available
is_player_propbooleanWhether this is a player prop market
player_namestring|nullPlayer name (if player prop)
stat_categorystring|nullStat type (if player prop, e.g., points, rebounds)
possibly_stalebooleantrue if underlying odds may have moved since detection
oldest_odds_age_secondsnumber|nullAge of the stalest odds used in the EV calculation (seconds)
warningsstring[]Data quality warnings (e.g., POTENTIALLY_STALE_ODDS, LIVE_STALE_ODDS)
detected_atstringISO 8601 timestamp when the +EV was first detected

Meta Summary Fields

FieldTypeDescription
summary.countnumberTotal opportunities matching filters
summary.avg_evnumberAverage EV across all results
summary.max_evnumberHighest EV found
summary.by_sportsbookobjectOpportunity count per sportsbook
summary.by_sportobjectOpportunity count per sport
summary.by_marketobjectOpportunity count per market type

Understanding Expected Value

Expected Value (EV) measures the average profit or loss per bet over time. A positive EV (+EV) bet means you have a mathematical edge over the sportsbook.

EV% = (fair_probability x decimal_odds - 1) x 100

Where:

  • fair_probability = No-vig probability derived from the sharp book (Pinnacle)
  • decimal_odds = The decimal odds offered by the soft book

How SharpAPI Calculates EV

SharpAPI uses Pinnacle (a sharp book with efficient odds) as the source of truth for fair probability.

Step 1: Get the sharp book odds

Pinnacle: Team A -115 / Team B +105

Step 2: Remove the vig to find fair probability (Power method)

// Implied probabilities (with vig) probA = 1 / 1.87 = 0.535 // -115 in decimal = 1.87 probB = 1 / 2.05 = 0.488 // +105 in decimal = 2.05 total = 1.023 // 2.3% vig // Power devig: solve for k where probA^k + probB^k = 1 // k ≈ 1.036 for this market fairProbA = 0.535^1.036 = 0.522 (52.2%) fairProbB = 0.488^1.036 = 0.478 (47.8%)

Step 3: Compare to a soft book

DraftKings: Team A -105 (decimal 1.952) Fair probability: 52.3% EV% = (0.523 x 1.952 - 1) x 100 EV% = +2.1%

A +2.1% EV means you expect to profit $2.10 for every $100 wagered on this bet over time.

Why This Works

Book TypeCharacteristics
Sharp (Pinnacle)Low vig, efficient odds, accurate probabilities
Soft (DraftKings, FanDuel, BetMGM)Higher vig, slower to adjust, exploitable

When soft books are slow to update their odds after a market move, their implied probability deviates from reality, creating a +EV opportunity.

EV Thresholds

EV %QualitySuggested Action
< 0%Negative EVAvoid
0 - 2%MarginalOnly viable at high volume
2 - 5%GoodStandard profitable threshold
5%+ExcellentHigh confidence opportunities

We recommend setting min_ev=2 for most use cases. Marginal EV (below 2%) can be eroded by line movement before you place the bet.

Kelly Criterion

The kelly_percent field is the optimal percentage of your bankroll (0–100) to wager according to the full Kelly criterion. A value of 2.1 means full Kelly recommends 2.1% of bankroll; a value of 34.4 means 34.4%.

Kelly% = (fair_prob × decimal_odds - 1) / (decimal_odds - 1) × 100

This is full Kelly, computed from the model’s fair probability with no quality-of-signal adjustment. Full Kelly is mathematically optimal only when the true probability is known exactly. In practice, sharp anchors carry uncertainty (single sharp reference, late-arriving live odds, low cross-validation), and full Kelly can produce dangerously large stake suggestions. See confidence_score, cross_ref_count, and warnings (e.g. SINGLE_SHARP_REF, LIVE_STALE_ODDS) before sizing.

Use a fractional Kelly multiplier: most practitioners apply ¼ or ½ Kelly (kelly_percent × 0.25 or × 0.5). Cap any single bet at 1–2% of bankroll regardless of what kelly_percent reports, especially when warnings is non-empty or confidence_score < 80.

Kelly Sizing Guide

kelly_percentRisk LevelRecommendation
< 1LowSmall edge, consider skipping
1 – 3ModerateStandard bet size — quarter Kelly = 0.25–0.75% of bankroll
3 – 5AggressiveStrong edge — quarter Kelly = 0.75–1.25% of bankroll
5+Very aggressiveExcellent edge or sharp-signal artifact; cap at 1–2% of bankroll regardless

Variance Warning: +EV does not guarantee profit on every bet. Over 100 bets at 5% EV, actual results can range widely. The edge only materializes over hundreds or thousands of bets. Never bet more than you can afford to lose.

Best Practices

  1. Set a minimum EV threshold - Use min_ev=2 or higher to focus on meaningful edges
  2. Use Kelly sizing - kelly_percent is a percentage (e.g. 2.1 = 2.1% of bankroll). Apply a fractional Kelly multiplier (¼ or ½) before sizing
  3. Filter by confidence - Use confidence_score to prioritize high-confidence opportunities
  4. Monitor market_width - Narrow markets (low width) indicate more efficient pricing and more reliable EV calculations
  5. Act quickly - +EV opportunities are fleeting; lines move fast
  6. Track your results - Log every bet and compare actual ROI to expected EV over time
  7. Use fractional Kelly - Most professionals use quarter or half Kelly to reduce variance
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