What is value bet, and how do I win with value bet?
Mar 12, 2023, Posted by : Ethan Newsman
Value bet is a betting strategy in which the bettor predicts the probability of a certain outcome and bets only if the odds offered by the bookmaker are higher than the calculated probability. It is a way to make calculated, profitable bets over time. To win with value bet, the bettor must calculate the probability of the outcome and compare it to the odds offered by the bookmaker. If the odds are higher, the bet has positive expected value and the bettor should place it. To increase the chances of winning, the bettor should also consider other factors such as personal knowledge, team form, and past results.MORE