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Understanding the value bet strategy

If you think that a bookmaker has given you some extremely tempting odds on a particular sporting event, you’ll have the opportunity to try out some value bet strategies. This is because a value bet is placed when a punter thinks the bookie has got the odds wrong. And while it can be risky to go directly against the bookmaker’s predictions, if you think that they have undervalued a wagering option, then a value bet can give you some fantastic wagering dividends.
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What is a value bet strategy?

  • Value bets are placed when bookies ‘undervalue’ a betting option
  • Tempting odds give you the chance to win big
  • Use plenty of research to boost your winnings

What to look out for in a value bet

Value bets can occur in all manner of sports betting markets. It doesn’t matter whether the bookie specialises in horse racing, football or tennis, if they look like they have undervalued a bet, then you’ll know when to strike. It might seem dangerous to go against the bookmaker’s odds. After all, the best bookies spend a huge amount of time and money carefully researching sports to come up with odds tilted in their favour.

However, bookmakers are only human, and they do occasionally make mistakes in their odds formulation. So, this is why you need to keep an eye on the odds in your chosen sport and know when the odds are looking good for you to put your specialist knowledge to use. There have been plenty of betting experts who have tried to devise some weird and wonderful mathematical equations to try and illustrate what qualifies as a value bet.

But ultimately it rests upon the simple premise that the bookie has got it wrong, and you, the punter, are going to take advantage of their errors to scoop up some great winnings. Obviously, there is no such thing as a sure bet. So, it’s always wise to treat value betting strategies with a touch of caution. But if you think that you know a particular sport inside-out, and that the odds are too good to be true, then you could be well on your way to be using a value bet for some very well-earned winnings.

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Are there any limitations to value bet strategies?

If value betting was so simple, then surely everybody would do it. Unfortunately, it’s pretty difficult to consistently get one-up on the bookies. This is why a value betting is more of a long-term strategy than a quick way to make some easy winnings. As it requires the punter to make a subjective prediction on the outcome of a sporting event, value bets aren’t something that can be made in the heat of the moment.

Experienced punters will be able to use their hours of research to quickly see when a bookmaker has undervalued their odds. For the newcomer to sports betting, however, it’s rarely so easy. This is because it can take a lot of betting experience to know how odds are formulated, and bookies rarely make too many errors. However, seeing as Leicester City managed to win the Premier League with 5000-1 odds, even the most remote odds can sometimes cause a few wise punters to put on some bets to show how a bookie’s values may be a little wayward. And while value betting strategies could work in regards to live betting, it can be risky, as you’ll need plenty of time to work out whether your gut instinct can be backed up with concrete facts to provide you with a winning result.

Why betting.org is a great place for finding value bets

Implementing value betting strategies means that you will have to examine a large number of odds from a variety of bookmakers to find an undervalued betting offer. And this is why betting.org can be very handy for hunting down those value bets as we have built up a huge selection of bookmakers and presented their odds in a way that’s simple to use and quick to understand.

This means that you can instantly compare the odds and see which bookies might be letting themselves down by offering you, the punter, some undervalued bets of which to take advantage. We’ll also be able to help point out the bookmakers who are offering the most lucrative bonuses so that you can use their sign up offers to maximise your value betting strategies. And with plenty of helpful customer reviews of these bookmakers, it can all add up to a great way of putting one over on the bookies (legitimately, of course)!

What we’ve learned from value betting strategies

Value betting basics

  • Recognise when a bookie has undervalued the odds
  • Research the probability of a winning outcome
  • Realise that the bookmakers sometimes get it wrong
  • Reward yourself by using betting.org to find the best odds

There are few betting strategies that give the punter a feeling as good as when you win a value bet. Not only does it show that the bookie got their odds very wrong, but it also shows that your hours of research have resulted in some hard-earned winnings. While it can take a lot of time and effort to know when the odds are undervalued, it shows that you can occasionally get lucky when the bookmaker get a little careless in formulating their odds. And with betting.org giving you a helping hand in finding the best value odds, it should be easier than ever to create a good value betting strategy.
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