Finding value bets

[Reatim]

Value bets and arbitrage bets make a world of difference. And then with value bets we also have different types of value bets. When is something a true value bet? I think you're going to go back to an arbitrage bet anyway, because the odds are changing drastically. There are players who make a lot of money with value bets, but you can also count on your account being closed quickly with a bookmaker. Value betting is actually consciously looking for errors in the API. I think bookmakers should be tougher on this if a player is always doing this.

You will be banned or closed account if you abuse the system using value bets this is why you need to be aware of the consequences and the ability to change the course of your gambling activities .

You can use other strategy instead of using one because this will hinder your account from being closed by the bookmakers .

I do not use value betting instead I focus in my direct betting towards which team or fighter I am going to choose and risk my funds.

[1714941886]

1714941886

[Oshosondy]

Tennis is one of the games I will never bet with my money, the chance of winning is too low and it is not about teamwork that you can be betting on the form of most members of the team. Many players are disappointing, especially the highly rated ones. If you check the table of the world's tennis players (both male and female), you would realize that the world ranking is changing so fast. So, anything can happen. To make the matter more surprising, it is the youngsters that are taking the lead now, the number in the world ranking (male) is 19 years old. This is last week's ranking.

I prefer football, but people also have different preferences. I do not like going for lawn tennis, but I prefer its in-play. To me, I see sport as sport, people even lose very well in football. I think it depends on preferences, some people have fun in the process of betting, especially those that stake just very small amount of money on each bet.

Value bets and arbitrage bets make a world of difference. And then with value bets we also have different types of value bets. When is something a true value bet? I think you're going to go back to an arbitrage bet anyway, because the odds are changing drastically. There are players who make a lot of money with value bets, but you can also count on your account being closed quickly with a bookmaker. Value betting is actually consciously looking for errors in the API. I think bookmakers should be tougher on this if a player is always doing this.

You only want to divert away from what the OP is talking about. A value bet is when you choose a team or a player with the odd having more probability of winning. If a player have 1.25 odds and have very high probability of winning, that is a value bet. But there are just some low odds that does not worth going for.

[btc_angela]

Tennis is one of the games I will never bet with my money, the chance of winning is too low and it is not about teamwork that you can be betting on the form of most members of the team. Many players are disappointing, especially the highly rated ones. If you check the table of the world's tennis players (both male and female), you would realize that the world ranking is changing so fast. So, anything can happen. To make the matter more surprising, it is the youngsters that are taking the lead now, the number in the world ranking (male) is 19 years old. This is last week's ranking.

But if you are going to look at the last 10 years, in the men's side, we have the big 3 or big 4. But they have grown old already, Federer is on the brink of retirement, while Murray wasn't the same after his injuries. Only Nadal and Djokovic is still playing, but Nadal was ousted and Djokovic didn't play in the US Open because of vaccination issues. As far as Alcaraz being the number 1, he deserved it. But it doesn't mean it's not a good sport to bet to or not able to find value bets, just saying.

[Fredomago]

Well, undoubtedly we have to keep in mind that every time we make a bet, we are having a certain percentage of guarantee that what we are saying will happen, but the highest percentage is due to luck and randomness, the downside of this is that when a person believes that he is on a roll, he is capable of betting a large amount of money causing his money to drop drastically and this is not good, because anyone can be decaptilized in hours, and this is not what is sought, we all want to win when we bet, but we must be aware of accepting everything that comes if we lose, normally a person always thinks only of winning, never thinks of the consequences of losing and if he does, it is very fast.

Well said in analysing the real scenarios when a bettor thinks that he got an upper edge when placing his bets, I personally understand because in each time I place my bet I always believe that it is the winning bet, most of the time the odds is lower it's between 1.10- 1.50
siding my trust to a favorite and also done doing my research, since I'm mostly betting with our local basketball league where I do have good insight with the teams that I'm supporting.

But I'm guilty of the fact that I'm not ready to accept whenever I lose my bet, always thinking that the game was fixed, though the amount that I used is just a small amount.

Good enough to think that I only spend it to please my desire of enjoyment.

[Boristhecat]

You will be banned or closed account if you abuse the system using value bets this is why you need to be aware of the consequences and the ability to change the course of your gambling activities .

You can use other strategy instead of using one because this will hinder your account from being closed by the bookmakers .

I do not use value betting instead I focus in my direct betting towards which team or fighter I am going to choose and risk my funds.

What's the point of betting if you don't think it's profitable (is value bet)? And I don't understand why betters should be afraid of a ban for value betting - because if the bookmaker misjudged the odds, it's his problem, not the better's. In this case, it turns out that the bookmaker bans everyone who does not lose - isn't this a scam?

[pawanjain]

For me, a bet where I am getting decent returns on a bet that is most probably about to win would be a value bet.
For example if I am placing a bet where I know that I would most probably win this bet and if the returns are over 1.5x times then I would consider it as a value bet.
The chances of winning the bet should be at least over 85% in this case. I have played such bets few times and won in most of the cases.

The odd is decent enough if you can repeat it over and over. You can earn huge with your initial capital. Though there's no assurance that you do it in every bet that you made, the chance to lose is still there even if you think the percentage of your chance is over 85%, there's still something that will ruined your pick and lead you to lose your money.

Yes ofcourse, as long as there is even 0.01% chance of losing we can't be sure of winning the game.
Even the slightest possibility could occur if we don't have a really good luck.
But having said that, if we do have a good luck then chances are higher for us to win the bet.
Also, it's kinda logical to place a bet on the winning team rather than randomly picking one out.

[ethereumhunter]

Yes ofcourse, as long as there is even 0.01% chance of losing we can't be sure of winning the game.
Even the slightest possibility could occur if we don't have a really good luck.
But having said that, if we do have a good luck then chances are higher for us to win the bet.
Also, it's kinda logical to place a bet on the winning team rather than randomly picking one out.

The 0.01% chance is not a guarantee for us to win some money but we still play and try our luck. But indeed, the slightest possibility can make us win in gambling and this is apparently what makes many people return to gambling. By reasoning that we have the smallest chance, we can continue to play and not think that our chances are not really big and the chance to lose is behind us. And when we see our chances of winning are getting bigger, we will place bigger bets because we think we will win a lot of money later.

[EarnOnVictor]

Tennis is one of the games I will never bet with my money, the chance of winning is too low and it is not about teamwork that you can be betting on the form of most members of the team. Many players are disappointing, especially the highly rated ones. If you check the table of the world's tennis players (both male and female), you would realize that the world ranking is changing so fast. So, anything can happen. To make the matter more surprising, it is the youngsters that are taking the lead now, the number in the world ranking (male) is 19 years old. This is last week's ranking.

But if you are going to look at the last 10 years, in the men's side, we have the big 3 or big 4. But they have grown old already, Federer is on the brink of retirement, while Murray wasn't the same after his injuries. Only Nadal and Djokovic is still playing, but Nadal was ousted and Djokovic didn't play in the US Open because of vaccination issues. As far as Alcaraz being the number 1, he deserved it. But it doesn't mean it's not a good sport to bet to or not able to find value bets, just saying.

These are more reasons why betting on tennis is not my thing, for now, I will rather use my money on better things. And it is better to bet on the upcoming stars as their blood is still hot for the game. But I see that as a bigger risk at times judging by the way some of the shining ones amongst them later disappoint you and your trust.

And true, Roger Federer has finally hinted at his retirement after the last game, I believe that was due to many injuries in the past. While Serena Williams seems to be a die-hard player, many believed she's gone, but she hinted that she's still playing.

[Fredomago]

For me, a bet where I am getting decent returns on a bet that is most probably about to win would be a value bet.
For example if I am placing a bet where I know that I would most probably win this bet and if the returns are over 1.5x times then I would consider it as a value bet.
The chances of winning the bet should be at least over 85% in this case. I have played such bets few times and won in most of the cases.

The odd is decent enough if you can repeat it over and over. You can earn huge with your initial capital. Though there's no assurance that you do it in every bet that you made, the chance to lose is still there even if you think the percentage of your chance is over 85%, there's still something that will ruined your pick and lead you to lose your money.

Yes ofcourse, as long as there is even 0.01% chance of losing we can't be sure of winning the game.
Even the slightest possibility could occur if we don't have a really good luck.
But having said that, if we do have a good luck then chances are higher for us to win the bet.
Also, it's kinda logical to place a bet on the winning team rather than randomly picking one out.

I used to remember the big failure that I made way back, a top caliber team was beat by an underdog, it was only 1.05 odd if I remember it right though not a huge amount of bet but it was a very shocking outcome, unexpected to happen but it indeed happened. So I guess there's nothing that we can say about that possibility and besides, you are in the gambling industry, so expect that losing is also part of this business.

Logically right, why bother to bet randomly if you have good knowledge about the game? You can use that to weight the bet and give your shot an edge.

But again, you need to remember that there's always a chance that you might lose that pick and you need to move forward.

[pawanjain]

For me, a bet where I am getting decent returns on a bet that is most probably about to win would be a value bet.
For example if I am placing a bet where I know that I would most probably win this bet and if the returns are over 1.5x times then I would consider it as a value bet.
The chances of winning the bet should be at least over 85% in this case. I have played such bets few times and won in most of the cases.

The odd is decent enough if you can repeat it over and over. You can earn huge with your initial capital. Though there's no assurance that you do it in every bet that you made, the chance to lose is still there even if you think the percentage of your chance is over 85%, there's still something that will ruined your pick and lead you to lose your money.

Yes ofcourse, as long as there is even 0.01% chance of losing we can't be sure of winning the game.
Even the slightest possibility could occur if we don't have a really good luck.
But having said that, if we do have a good luck then chances are higher for us to win the bet.
Also, it's kinda logical to place a bet on the winning team rather than randomly picking one out.

I used to remember the big failure that I made way back, a top caliber team was beat by an underdog, it was only 1.05 odd if I remember it right though not a huge amount of bet but it was a very shocking outcome, unexpected to happen but it indeed happened. So I guess there's nothing that we can say about that possibility and besides, you are in the gambling industry, so expect that losing is also part of this business.

Logically right, why bother to bet randomly if you have good knowledge about the game? You can use that to weight the bet and give your shot an edge.

But again, you need to remember that there's always a chance that you might lose that pick and you need to move forward.

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

[virasisog]

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

There's no such thing as perfect gambling so we can't expect consistent winning because no matter what strategy we may apply, the result will always be unpredictable. For me, chasing our losses will only lead to more losses so accepting failure and moving forward will be the best step that we can do to reach our target profit. Gambling is a challenging and exciting journey if we'll enjoy it.

[Fredomago]

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

Adding to that, definitely it's going to give you time to reassess if you know how to move forward, I mean if you have that capabilities, instead of chasing your losses you will evaluate the strategy or the basis that you used to predict your next pick. It also gives you a chance to enhance and improve your system. The more you learn the process, the better you can assess where is your edge from the game that you are involved.

Better to let go when you suffer from losses and not to dwell or regret it will just pull you back and the chance of making more mistakes.

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

There's no such thing as perfect gambling so we can't expect consistent winning because no matter what strategy we may apply, the result will always be unpredictable. For me, chasing our losses will only lead to more losses so accepting failure and moving forward will be the best step that we can do to reach our target profit. Gambling is a challenging and exciting journey if we'll enjoy it.

Correct, there's no perfect gambling, you might have more winning pick and be aggressive to bet more than your allocation and the next thing you know, you already lose a lot. Better to know how to control and always take an extra precaution to avoid exceeding from your target balance to use for your gambling.

[AicecreaME]

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

There's no such thing as perfect gambling so we can't expect consistent winning because no matter what strategy we may apply, the result will always be unpredictable. For me, chasing our losses will only lead to more losses so accepting failure and moving forward will be the best step that we can do to reach our target profit. Gambling is a challenging and exciting journey if we'll enjoy it.

Indeed. Flawless gambling methods don't exist. We can't continuously win as much as we want and no matter how good we are in gambling because aside from the gambling techniques and strategies, luck also play a role in winning a bet. Adding the fact that the house edge is greater than the RTP, it is wise to assume that after several winnings, eventually, the player will lose too because the algorithm is set in that way so that the casino will profit as well.

I think one of the greatest moves of casino to encourage players to play consecutively is to let them win until they become greedy of the winning prizes and then lower their chances once they hit the certain bracket intended to gradually lower the RTP. In that way, they will be enticed to play because they kept on winning, and will try to bet more to get more. This can be a make or break on the side of the gambler because he can take the profit if he is already satisfied, however, if he is greedy, he'll keep on playing until he runs out of luck that could lead to chasing losses.

Gambling has its benefits if and only if people will utilize it into their advantage. If not, they'll be the one manipulated by it and it could cost so much hassle, money, and time.

[Kakmakr]

A value bet should be you finding a bet at odds that give you the 'edge' over the bookmaker.... and in these days, this is almost impossible. We live in the information Age... where bookmakers have access to several resources to do very accurate predictions to determine the correct odds. 

I see myself as being extremely lucky, if I spot a "value bet" ...once in a month, because most bets are done with odds being very close to the final outcome of the game. 

[wxa7115]

A value bet should be you finding a bet at odds that give you the 'edge' over the bookmaker.... and in these days, this is almost impossible. We live in the information Age... where bookmakers have access to several resources to do very accurate predictions to determine the correct odds. 

I see myself as being extremely lucky, if I spot a "value bet" ...once in a month, because most bets are done with odds being very close to the final outcome of the game. 

This was probably easier at the earlier stages of the online gambling industry, but now this is very hard to do manually as odd providers have gotten better at evaluating sports matches all over the world.

However I suppose there are still some areas of opportunity, for example esports are relatively new so since the games are always in the middle of an update and being balanced it will be more difficult for the odd providers to give odds that are as accurate as in traditional sports, and someone with a lot of knowledge on those esports may find some value bets thanks to their expertise.

[Poker Player]

A value bet should be you finding a bet at odds that give you the 'edge' over the bookmaker.... and in these days, this is almost impossible. We live in the information Age... where bookmakers have access to several resources to do very accurate predictions to determine the correct odds. 

In the early days of online bookmakers, there were spots where value bets could be found, especially in minority sports, but bookmakers became aware of them and corrected their mistakes. There are still people who claim to make money in the long run but it is extremely difficult.

[Oshosondy]

A value bet should be you finding a bet at odds that give you the 'edge' over the bookmaker.... and in these days, this is almost impossible. We live in the information Age... where bookmakers have access to several resources to do very accurate predictions to determine the correct odds. 

In the early days of online bookmakers, there were spots where value bets could be found, especially in minority sports, but bookmakers became aware of them and corrected their mistakes. There are still people who claim to make money in the long run but it is extremely difficult.

In this case, there are even still value bets, but not common. I mean going for 1x2.

But going for other betting options, there are always value bet. In fact, I win than lose, but my betting is not frequent and not more than once weekly most of the time as I do not have time to gamble during the weekdays. But that does not mean I am perfect, there are times I lose too, but i still pretty much go for valued bet.

But both of you are not wrong, bookmakers are very perfect now in a way good teams are given lower odds and high teams bigger odds in a way it it is more likely not to favour punters.

[carlisle1]

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

There's no such thing as perfect gambling so we can't expect consistent winning because no matter what strategy we may apply, the result will always be unpredictable. For me, chasing our losses will only lead to more losses so accepting failure and moving forward will be the best step that we can do to reach our target profit. Gambling is a challenging and exciting journey if we'll enjoy it.

Very important to have when you are involved in gambling is to know how to accept. It's true that chasing your losses
can lead you to lose more than what you really intend to use.

There are many stories like this where a gambler is just having some fun and when experience defeat, they are
aggressive to recover back by trying to add more to their bankroll.

It applies even you already done with doing your research and think that value bet will allow you have good
edge but if happen that you lose, it's better to forget about it and move forward.

[LUCKMCFLY]

Yes ofcourse, nobody can accurately predict the outcome of an even going to happen in future especially in gambling.
So even if we lose the bet it's still one of the outcomes that had happened and we should know that fact.
Moving on from a loss is definitely a skill that not everyone has. Many people chase the losses and end up losing more.
Moving on from it and planning out your next move is the strategy that everyone should focus on.

There's no such thing as perfect gambling so we can't expect consistent winning because no matter what strategy we may apply, the result will always be unpredictable. For me, chasing our losses will only lead to more losses so accepting failure and moving forward will be the best step that we can do to reach our target profit. Gambling is a challenging and exciting journey if we'll enjoy it.

It is very difficult to try to say everything and have it come out with such precision, that is almost impossible, you would have to have a very good streak to be able to make a good bet and have a corresponding value, if a person who plays the parlaty during years, I have not seen anyone who has hit all the results, it is something almost impossible, for me in these things there should always be a margin of error, if not it is something that would be out of the ordinary, even so if someone has a good streak no I think he makes the perfect game, that is something that anyone can take into account to raise their betting ranking.

Very important to have when you are involved in gambling is to know how to accept. It's true that chasing your losses
can lead you to lose more than what you really intend to use.

There are many stories like this where a gambler is just having some fun and when experience defeat, they are
aggressive to recover back by trying to add more to their bankroll.

It applies even you already done with doing your research and think that value bet will allow you have good
edge but if happen that you lose, it's better to forget about it and move forward.

What you say is very true, whenever one as a player pursues his losses, what he can do is wait for a bigger defeat, and obviously it is something that should never be followed and most of us did it at some point, even if it was as rookies, The biggest problem is when you face a big loss of Bankroll, because a player can always lose control and start to recover whatever their balance is, some when they try to recover they use the "martingale" strategy a lot and that is a lot worse, because when desperation, pressure and stress are put into context it is something that is the worst combination of emotions.

[Boristhecat]

In the early days of online bookmakers, there were spots where value bets could be found, especially in minority sports, but bookmakers became aware of them and corrected their mistakes. There are still people who claim to make money in the long run but it is extremely difficult.

If you use the local bookmakers of my country, then there are a lot of opportunities to find an arbitrage bet. Local bookmakers often give generous odds. The problem is that just because you win does not mean that you can get your winnings - they are all scammers (or very close to them) and the stories about how they ban players or refuse to pay out money are endless.
Therefore, many naive betters who try arbitrage bets between local bookmakers and the global market then realize that making money here is not at all as easy as they thought.