Bet Metrics Lab is an educational sports betting analytics platform created by Samuel Kovacs, a business management and data analysis professional who has been studying betting markets since 2013. The site first appeared around 2024 and is registered in Romania as Kovacs Samuel PFA. It offers free analytical tools — a tracker, simulators, and calculators — for understanding probability, variance, and bankroll management.
- Website: betmetricslab.com
- Social: Telegram · Discord
Products
Bet Tracker
Full article: Bet Metrics Lab Tracker
A manual-entry tracker. Supported bet fields:
- market
- stake
- odds
- result
- sport
- bookmaker
- game date
- notes
Supports 200+ bookmakers with the option to add custom ones. Entries can be edited or deleted anytime. Results are presented as a line graph with overall profit, ROI, and bet count. Filter your history by date range, sport, and result to see:
- profit
- ROI
- turnover
- average odds
- average stake
Isolate which sports, odds ranges, and markets perform best.
Staking Simulator
Runs your logged bets (or an uploaded CSV) through different money management strategies — percentage-based, Kelly and fractional Kelly, flat stake, Martingale, Paroli. Outputs include:
- projected profit and ROI
- bankroll curve
- max drawdown
- win rate by strategy
- Sharpe-style ratio per bet
- sensitivity to odds ranges
Simulations come with a disclaimer that they don’t account for bookmaker limits, execution delays, or account restrictions.
Value Betting Simulator
A Monte Carlo simulator with 10+ inputs:
- starting capital
- EV percentage
- number of bets
- staking method
- Kelly scale
- odds dispersion
- autocorrelation for streakiness
- stop-loss and take-profit limits
Runs configurable trials, outputs equity curves, ROI quantiles, max drawdown, risk of ruin, and Sharpe-style ratio. Updated in January 2026 with additional variance controls.
Football Odds Analysis
A probability model using Pinnacle’s market pricing as a benchmark. Covers 15+ men’s leagues from 14 countries.
Countries
- Switzerland
- Denmark
- Sweden
- Norway
- Poland
- Ireland
- Finland
- USA
- Mexico
- Brazil
- Argentina
- Chile
- China
- South Korea
Available markets: 1X2, handicaps, totals, double chance.
The Get CLV feature records Pinnacle’s closing odds immediately before kick-off for any saved match. After the match, users can compare their price to the closing line as a diagnostic metric. The tool also includes an expected value calculator and optional Kelly stake sizing based on the user-entered odds versus the benchmark.
Free users get 3 daily credits. The Basic tier adds 500 credits plus strategy guides.
Calculators
The calculator section includes:
- odds converter
- arbitrage calculator
- Kelly criterion stake calculator
- CLV calculator
- expected value checker
All calculators are free.
Pricing
Bet Metrics Lab operates on a freemium model:
- Free — bet tracker, analytics, staking simulator, value betting simulator, 3 daily football prediction credits
- Basic ($5 one-time) — 500 football prediction credits, betting strategy guides, expected value checker
The core analytical tools — tracker, simulators, filters — are fully free with no bet count limits.
Target Audience
The platform is aimed at recreational bettors who want to understand odds, variance, and bankroll management through hands-on simulation.
Competitors
Bet Metrics Lab fills a gap between simple bet trackers and professional odds analysis tools. Free trackers like Bettin.gs offer more community features but lack the simulation layer. Bet Analytix provides similar analytics with mobile apps but caps the free tier at 200 bets — Bet Metrics Lab has no such cap. On the simulator side, dedicated Kelly and arbitrage calculators exist elsewhere, but Bet Metrics Lab bundles them with the tracker and staking simulator into one free account.
See Also
- Bet Metrics Lab Tracker — the manual bet tracker
- Bettin.gs — manual tracker with tipster breakdown
- Bet Analytix — manual tracker with staking and analytics