Much is said about value odds in sports betting groups or when we read tips from a bettor. But whoever is inserted in this world for a short time must be wondering what an odd / value quote is. You may also be wondering how to find these odds or what the requirements for evaluating them are.
First of all, value is something that varies a lot from bettor to bettor, because what has value for one, may not have for another. In this punter article you will understand better.
What are value odds?
Value is a mismatch between the real x unreal probability, which translates into the odd price. Therefore, there is value whenever the premium paid to us is greater than the risk we run, regardless of the size of the odds.
In August 2017 there was a fight between Floyd Mayweather and Conor McGregor. The lines opened at just under 1.05 for Floyd, with Conor averaging 12.0. For many people this odd was fair, after all it would be an all-time top fighter against an amateur in boxing, although an MMA ace. As Conor has a lot of fans, they bet a lot of money on him and so Floyd’s price reached 1.30, which in my view was very valuable, because the “fair” was the opening at 1.05.
What are odds and how through them do houses profit
How to find value odds?
By that we mean that a person’s 안전토토사이트 site betting style, their profile, is different from mine and that it is also different from yours. Each gambler has a different method of dealing. Within the method there is a criterion and the use of standards for betting, requirements for evaluating the odds and then finding value, requirements which are the most varied, from subjective analysis to mathematics. Each one applies it in some way, me in my own way and you in yours, being profitable in your own way, although always following a different strategy.
If the best Brazilian NBA bettor does his studies in a certain game and says that Cavaliers -5.5 has value against Spurs, does this bet have value for me? Obviously not . In a mathematical concept in the long run, his bet will only have value if we always follow his work, all his bets , because this way we will have value odds in an optics, his. But while his odd has no value to me, we can win with your bet.
In the long run, betting randomly, my profit can be little, a lot, not to mention that we can also lose money, because we am following the bets of several people. With that said, it is understood that an odd only has value if the method of that bet also has value.
So finding value odds depends on you, your vision, your method of dealing with bets or the market. Your way of study will tell yourself if that has value. But remember, what has value to one may not have value to another.