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Value bet

Next Goal | Comments Off on Value bet

Jun 24

Bet learns to select the bets thanks to the technology(skill) value and obtain long-term benefits.

To fix the quota of an event, the house of bets calculates the probability of which the sports forecast(prediction) is fulfilled. If it(he,she) underestimates this probability, he(she) will propose a very high and at the time quota you will be able to bet on a profitable quota. A value bet is, therefore, one bets(stations) whose(which) probability of success(wisdom) is underestimated by the house of bets.

A bet is a value bet if the following formula is fulfilled:

1/Quota Probability of success

Example of value bet

To discover a value bet must calculate the probability you itself. If his calculations are correct, the probability of success will be major of what they indicate the quotas to him and will obtain long-term benefits.

Complicated of the value bet is to calculate probabilities more exact than those of the houses of bets. The houses of bets have to his scope specialized tools and a priori the combat seems to be very unequal.

Now, thanks to SportyTrader, it can cash in to his bets. SportyTrader has developed a few mathematical specific models for football and tennis. These models allow to calculate probabilities of very trustworthy results.

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