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FAQ

Frequently asked questions about Shark Snip — pricing, models, marketplace, and more.

Short version

  • Building and on-device training are free.
  • Pro is $1 for your first week, then $2.99/week (launch offer through March 1, 2027). There is no monthly or annual plan.
  • Public models can be browsed, forked, and remixed. Phase 1 has no model commerce.

Getting started

What is Shark Snip?

Shark Snip combines a browser-based model builder, backtests, public model browsing, Consensus analytics, line shopping, DFS tools, and prop analysis.

Is Shark Snip a sportsbook?

No. Shark Snip does not accept wagers or hold wagering funds. It provides analytics tools. Users are responsible for following local laws.

Do I need modeling experience?

No. Guided tools cover common workflows, while advanced controls remain available for experienced model builders.

Can I browse and fork models?

Yes. You can browse public models and fork their architecture and features as a starting point. A fork does not copy trained weights or private data. You can remix it and retrain it with your own data.

Pricing and billing

How much does it cost?

  • Free: $0; on-device building and backtesting.
  • Pro: $1 for your first week, then $2.99/week (launch offer through March 1, 2027).

There is no monthly or annual cadence.

Can I cancel?

Yes. Cancel from account settings. Access continues through the current paid billing period.

What is Consensus?

Consensus aggregates eligible model signals using verified performance. Free users can see a limited view; Pro includes the full analytics view.

How does Shark Snip make money?

Shark Snip makes money from subscriptions and affiliate links. It does not charge model-commerce fees in Phase 1.

Do you sell user data or signals to sportsbooks?

No.

Support

Email support@sharksnip.com for account or billing help. See the affiliate disclosures, responsible-use policy, and marketplace rules.

Betting basics

What is a point spread?

A point spread is a handicap applied to the final score for grading a wager. A favorite must win by more than the listed spread for its spread bet to win, while an underdog can lose by fewer points or win outright. If the adjusted scores are tied, the result is a push.

What is a moneyline bet?

A moneyline bet is a wager on which team or player will win, without applying a point spread. American odds show the price: a negative number indicates how much must be risked to profit $100, while a positive number indicates the profit on a $100 stake. The exact payout changes with the listed odds.

What is an over/under?

An over/under, also called a total, is a wager on whether a combined statistic will finish above or below a number set by the sportsbook. In a game total, that statistic is the teams’ combined points. Player totals can cover statistics such as passing yards. Landing exactly on a whole-number total produces a push.

What are juice and vig?

Juice or vig is the sportsbook margin built into betting prices. For example, two sides priced at -110 each imply probabilities whose sum exceeds 100 percent. That excess is the bookmaker’s theoretical margin, not a separate fee added after the wager. Comparing prices matters because lower vig reduces the amount a bettor must overcome over time.

What is closing line value (CLV)?

Closing line value compares the price or number a bettor took with the market’s line near the start of the event. Getting a better price than the close is positive CLV; getting a worse price is negative CLV. It can help evaluate decision quality across many wagers, but it does not determine whether any individual bet wins.

What is the Kelly criterion?

The Kelly criterion is a mathematical method for sizing a wager from an estimated probability and the offered odds. Full Kelly seeks long-run bankroll growth under accurate estimates, but its suggested stakes can be volatile and errors in probability estimates can cause oversized bets. Some bettors use a fraction of the calculated amount to reduce that volatility.

How do parlay odds work in reality?

A parlay combines multiple selections into one wager, and every leg generally must win for the parlay to win. Its payout grows because the leg prices are multiplied, but its chance of winning falls as legs are added. Correlated legs may be restricted or repriced. Parlays can also compound the sportsbook margin embedded in each selection.

What is a bankroll unit?

A bankroll unit is a standard stake expressed as a percentage or fixed portion of money reserved for betting. Tracking results in units makes records easier to compare without disclosing dollar amounts. A unit is a bookkeeping and risk-management convention, not a prediction of confidence, and changing its dollar value after losses can distort performance tracking.

What is line shopping?

Line shopping means comparing the same market at multiple sportsbooks before placing a wager. Books can offer different point spreads, totals, or prices at the same time. Choosing the more favorable available number can improve the potential payout or reduce the required risk. Account rules, market definitions, and settlement terms should also be compared.

What is the closing line?

The closing line is the final widely available price or betting number shortly before a market stops accepting wagers. It reflects the information and betting activity incorporated by that point, although different sportsbooks may close at different numbers or times. The close is commonly used as a benchmark, not as proof that a particular outcome will occur.

What is a push?

A push occurs when the result lands exactly on the sportsbook’s listed number, so neither side wins the wager. A common example is a favorite winning by exactly three points at a spread of -3. For a straight bet, the stake is typically returned, though house rules can treat parlay pushes and certain markets differently.

What are key numbers in sports betting?

Key numbers are margins of victory that a sport’s scoring rules make common. In NFL betting, three and seven are common examples because field goals and touchdowns frequently shape final margins. Moving across a key number can be more meaningful than moving between less common margins, but its value depends on the sport and market.