Odds Wizard is able to compute fixed odds (1 X 2), money line (1 2), double-chance odds (1X 12 2X), Asian handicap odds, European handicap odds, totals and correct scores with corresponding odds, half/full time odds. Handles unlimited number of arbitrary leagues with up to 1024 teams, and unlimited number of games per league. Live odds and odds for 1st and 2nd times are also covered. Odds Wizard has been fully integrated with the bet optimizer Stake Wizard 4, decision-making software generating an optimal betting strategy. Using sophisticated probability analysis, it does directly instruct bettor as of what bet structure is preferable, as well as of the specific betting fund distribution. Based upon new theorem, Stake Wizard 4 allows to use a realistic range of bankroll growth, and to specify confidence probability of reaching the target fund.