Valuebet Technique : All you need to know
Have you ever heard of valuebet technique ? Sports betting can be enjoyed casually or as a long-term investment strategy. For those aiming to make a consistent profit over time, exploring effective betting techniques can be invaluable. Value betting is one such method that, when applied correctly, can deliver regular returns. Here, The FXI Team provides a detailed breakdown of what value betting is and, most importantly, how to benefit from it !
What is a Valuebet ?
A valuebet is a bet where the bookmaker has miscalculated the odds. Bookmakers set odds based on the probability of an outcome, using complex formulas and algorithms that incorporate a range of factors. These factors might include a team’s recent performance, a player’s physical and mental condition, and many other elements. Occasionally, bookmakers misjudge these probabilities and offer odds that are higher than they should be this is known as a valuebet. By capitalizing on these small mistakes, bettors can achieve profits. And since such favorable odds for players are more common than one might think, value betting becomes a tempting prospect. However, spotting value bets can be challenging and requires experience to be consistently profitable.
How to Identify and Capitalize on a Valuebet ?
To capitalize on a valuebet, you first need to find one. This involves analyzing and comparing the odds offered by different bookmakers. You must evaluate the probability of a player or team winning and then assess whether bookmakers have underestimated these chances. To do this, you’ll need an in-depth knowledge of one or more sports to grasp all the variables and conditions involved. Building a reliable probability estimation method in a field you know well is crucial.
While it may take time to acquire this knowledge, dedicated fans of a particular sport who follow it closely already have an advantage. Years of accumulated information and passion can be leveraged, though it’s worth noting that you don’t have to be a die-hard football fan to engage in advanced sports betting. While there’s no “perfect formula” for finding valuebets, trusting your expertise and analysis is essential.
How to Calculate a Valuebet ?
Once you’ve identified a potential valuebet, a simple formula can help confirm it:
Valuebet Formula:
Valuebet = (Odds x 100) / P
Let’s break down this formula step-by-step. First, multiply the bookmaker’s odds by 100. Then, divide this result by P, which represents the probability of the expected result occurring as a percentage. If the result is greater than 1, you’re looking at a valuebet!
Here’s an example. Imagine you’re betting on a match between Team 1 and Team 2. The odds for Team 2 to win are 1.5, and you estimate their chances of winning at 75%. So, the formula would look like this:
- (1.5 x 100) / 75 = 2
Since the result is greater than 1, you’ve found a valuable valuebet !
Final Thoughts about the valuebet technique by The FXI Team
In summary, value betting isn’t an entry-level technique; it’s best suited for those with access to ample information for creating quality predictions. Even if the valuebet formula gives a result greater than 1, the bet will still be unprofitable if your probability assessment is incorrect. Additionally, finding valuebets can be time-consuming, making it challenging for occasional bettors, even if they have the expertise to exploit them.
For those serious about leveraging this technique, some websites track what they estimate to be value bets, which can serve as a helpful starting point. The FXI Team invites you to explore our ranking of the best bookmakers to find platforms that offer the most favorable odds and features for value betting. You can also learn some other betting’s “techniques” like the Surebet technique on your favorite website.
