Using the formulas provided previously, this is the main way that you can find a value bet.
Value bets can be found in any sport and any market, as long as your able to bet on it. Knowing as much as possible about the teams and players in key.
Due to this, it's very important that in order to do well and find the value bet, you must place your research when looking into this. It’s important to remember that the odds, in general, are designed to give punters a rough idea on who is more likely to win and how much money you could make on that outcome. This rule generally applies to all sports, however for football specifically, it’s very important that you know exactly what your betting on. Using this formula will also give you the best chance of understanding the bookmaker and the value of them.įinding the value of a bet in football betting markets can be fairly simple depending on how common you are with the sport. It’s also ideal for arbitrage betting as it helps compare the odds when backing or laying. This will help massively as the aim here is to get the expected value and if you've done the maths correctly, then you have a good chance of working out where the expected value could be positive within a bet. Ok, so if we say the home team is evens to win the match and you want to bet ₦5 on them, this would be the break down of the probabilities:įilling in this formula above with either decimals or fractions will help you calculate the expected value of the bet. (Probability of winning) x (Amount won per bet) – (Probability of Losing) x (Amount lost per bet) If you stick to this formula before you make a bet, this will also help you identify if your bet is a valued one or not. The first thing to note is that its a formula which is basically its own rule to value betting.
#Fair odds soccer how to#
Our aim right now is to teach you how to work it out yourself. Calculating, in general, is difficult, and we will be showing you some calculators online which can help you out, but this is a bit later on. Ok, so this can get a little complicated, so bear with us. You will also be able to find odds that irregular from your own, giving you the perfect chance of discovering a value bet. Obviously this may take a while, but once you are a master in the market, you will find it much easier to identify a value bet.
Specialised markets – The theory behind this is to concentrate all your time and effort to one specific market and become a specialist in this. Now, we understand that the favourite is more likely to win, hence why its the favourite, but the idea of a value bet is to find the odds on a team/person and trying to work out the probability and seeing if the bookies have got the market wrong/out of line. A lot of people believe that having a value bet is just selecting the favourite to win or looking for good odds on favourites, but in reality, this is far from the truth. It’s taking all factors into consideration and evaluating whether or not the bet is worthwhile and has the potential to be profitable. Having a value bet is essentially like buying an item at a shop for less than its worth, making it of value.īeing a successful punter is all about understanding the worth and value of a bet and being able to determine its probability of it coming in. It’s also extremely common to see the odds on a match and think that the odds being offered are reasonable and that if you back it and it comes in, you will do much better than if you had done it on another site. Just like dreaming you will win big in the lottery or at a casino. A certain club might be behind at first, but if they tend to score most of their goals in the second half, they could still pull it out.It's very easy to get caught up into believing that one day you will win big on a bet.
If you like the probability of the odds specified, it can be a good way to increase your earnings.
#Fair odds soccer windows#
These are usually offered in narrow windows of time at the bookmaker’s shop. Keep an eye out for special price multipliers on game day.You forfeit your ability to revise your prediction when you do this, which means you’re playing right into the bookie’s hands. Resist the temptation to place hefty bets in advance on the promise of major discounts or bonuses.If not, placing your bet on the day of the event is the safest course of action. Up-to-the-minute betting provides the most security, if your bookmaker offers it. As a general rule, you want to hold off until you have as much insight as possible about the likely outcome of the match. Wait for the ideal time to lock in your bet.
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