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beatablegames > betting > value bet

 

VALUE-BETS

 

Every sport event has got the probability of happening, and, according to such probability, bookmakers make up and offer their quotations. Different bookmakers do not have similar quotations, because they give different percentage of success of each event, and because of different game bulk which may vary the quotation.

Overworking value-bets means to bet on different event whose quotation is higher than it should be according to probabilities.

"Value-bets" have got a specific characteristic: they do not take into consideration the selection of the more probable success of an event, but they produce profit during a specific period of time.

You should not consider bet as a single event, but as a group of bets.
A single bet could be losing while a series of bets (on very competitive probabilities) will produce a profit.


There is a simple mathematical formula which will help you to find out if an event is a possible value-bet or not:

Value = (Probability * quotation) /100
If the value go over 1.00, we are talking about a value-bet.

Example: Milan vs Lazio

Milan has got a probability of victory of 60%, according to the bookmakers valuation.
Let's think the quotation is 1. 70
.
The values as a consequence is: 0
.60 * 1. 70 = 1.02.

Such bet has got a value of 2%, and this means that we are supposed to obtain a profit of € 2 for each € .00 we bet (obviously in a long time
).

In the section "constantly revisioned" you may find value-bets you can take into consideration.

 

 

 

 













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