{"id":81588,"date":"2020-05-08T07:59:04","date_gmt":"2020-05-08T06:59:04","guid":{"rendered":"https:\/\/panalo123bet.com\/?p=81588"},"modified":"2024-10-01T06:11:13","modified_gmt":"2024-10-01T05:11:13","slug":"value-betting","status":"publish","type":"post","link":"https:\/\/panalo123bet.com\/value-betting\/","title":{"rendered":"The Ultimate Guide For Sports Value Betting &#8211; 2024"},"content":{"rendered":"<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Looking for value in bets is the only viable <a href=\"https:\/\/panalo123bet.com\/sport-betting-strategies\/\">betting strategy<\/a> in the long term. When you consistently identify value in bookies' odds by comparing them with your own calculated probabilities, you significantly boost your chances of beating the bookies over&nbsp;a series of bets. In this article, we will explain <strong>how<\/strong> <strong>to calculate <\/strong>and <strong>detect value betting<\/strong>.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"jumplinks container\">\n  <div   id="92hyfhfq1d"    class=\"container p-2 \">\n    <span class=\"d-block mb-3 \"><b>Hot Topics<\/b> on this page:<\/span>\n    <div   id="92hyfhfq1d"    class=\"jumplinks__row justify-content-center\">\n                    <a href=\"#best-betting-sites-we-recommend-for-value-betting-in-2024\" class=\"btn jumplink jumplink-icon \">\n                    <span>Best Value Betting Sites<\/span>\n        <\/a>\n                          <a href=\"#how-to-identify-a-value-bet\" class=\"btn jumplink jumplink-icon \">\n                    <span>What is a Value Bet?<\/span>\n        <\/a>\n                          <a href=\"#value-football-betting-example\" class=\"btn jumplink jumplink-icon \">\n                    <span>Football Value Bets<\/span>\n        <\/a>\n                <\/div>\n  <\/div>\n<\/div>\n\n<div class=\"table-of-content table-of-content-sticky\" id=\"toc\" data-bs-toggle=\"collapse\" data-bs-target=\"#toc-content\" aria-expanded=\"false\" aria-controls=\"toggle-toc\">\n  <div   id="92hyfhfq1d"    class=\"container\">\n    <div   id="92hyfhfq1d"    class=\"table-of-content__inner\">\n      <button\n              class=\"table-of-content__toggler collapse-rotate-parent\">\n        <div   id="92hyfhfq1d"    class=\"table-of-content__toggler-title\">\n          <img decoding=\"async\" class=\"me-3 table-of-content-sticky__img\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/list-icon--alt.f8ad3b.svg\" alt=\"Table of Contents Heading\" loading=\"lazy\" width=\"28\" height=\"28\">\n          <span class=\"toc-heading\">Explore this page with our <b>Table of Contents<\/b><\/span>\n        <\/div>\n        <div   id="92hyfhfq1d"    class=\"table-of-content__toggler-icon\">\n          <div   id="92hyfhfq1d"    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0.819236 10.7984C0.72156 10.8961 0.666687 11.0285 0.666687 11.1667L0.666687 13.25C0.666687 13.3881 0.72156 13.5206 0.819236 13.6183C0.916911 13.716 1.04939 13.7708 1.18752 13.7708H3.27085C3.40899 13.7708 3.54146 13.716 3.63914 13.6183C3.73681 13.5206 3.79169 13.3881 3.79169 13.25V11.1667C3.79169 11.0285 3.73681 10.8961 3.63914 10.7984C3.54146 10.7007 3.40899 10.6458 3.27085 10.6458ZM3.27085 0.229172H1.18752C1.04939 0.229172 0.916911 0.284045 0.819236 0.38172C0.72156 0.479395 0.666687 0.611872 0.666687 0.750005L0.666687 2.83334C0.666687 2.97147 0.72156 3.10395 0.819236 3.20162C0.916911 3.2993 1.04939 3.35417 1.18752 3.35417H3.27085C3.40899 3.35417 3.54146 3.2993 3.63914 3.20162C3.73681 3.10395 3.79169 2.97147 3.79169 2.83334V0.750005C3.79169 0.611872 3.73681 0.479395 3.63914 0.38172C3.54146 0.284045 3.40899 0.229172 3.27085 0.229172V0.229172ZM3.27085 5.43751H1.18752C1.04939 5.43751 0.916911 5.49238 0.819236 5.59005C0.72156 5.68773 0.666687 5.82021 0.666687 5.95834L0.666687 8.04167C0.666687 8.17981 0.72156 8.31228 0.819236 8.40996C0.916911 8.50763 1.04939 8.56251 1.18752 8.56251H3.27085C3.40899 8.56251 3.54146 8.50763 3.63914 8.40996C3.73681 8.31228 3.79169 8.17981 3.79169 8.04167V5.95834C3.79169 5.82021 3.73681 5.68773 3.63914 5.59005C3.54146 5.49238 3.40899 5.43751 3.27085 5.43751ZM16.8125 11.1667H6.39585C6.25772 11.1667 6.12524 11.2215 6.02757 11.3192C5.92989 11.4169 5.87502 11.5494 5.87502 11.6875V12.7292C5.87502 12.8673 5.92989 12.9998 6.02757 13.0975C6.12524 13.1951 6.25772 13.25 6.39585 13.25H16.8125C16.9507 13.25 17.0831 13.1951 17.1808 13.0975C17.2785 12.9998 17.3334 12.8673 17.3334 12.7292V11.6875C17.3334 11.5494 17.2785 11.4169 17.1808 11.3192C17.0831 11.2215 16.9507 11.1667 16.8125 11.1667ZM16.8125 0.750005H6.39585C6.25772 0.750005 6.12524 0.804879 6.02757 0.902554C5.92989 1.00023 5.87502 1.1327 5.87502 1.27084V2.31251C5.87502 2.45064 5.92989 2.58311 6.02757 2.68079C6.12524 2.77847 6.25772 2.83334 6.39585 2.83334H16.8125C16.9507 2.83334 17.0831 2.77847 17.1808 2.68079C17.2785 2.58311 17.3334 2.45064 17.3334 2.31251V1.27084C17.3334 1.1327 17.2785 1.00023 17.1808 0.902554C17.0831 0.804879 16.9507 0.750005 16.8125 0.750005V0.750005ZM16.8125 5.95834H6.39585C6.25772 5.95834 6.12524 6.01321 6.02757 6.11089C5.92989 6.20856 5.87502 6.34104 5.87502 6.47917V7.52084C5.87502 7.65897 5.92989 7.79145 6.02757 7.88912C6.12524 7.9868 6.25772 8.04167 6.39585 8.04167H16.8125C16.9507 8.04167 17.0831 7.9868 17.1808 7.88912C17.2785 7.79145 17.3334 7.65897 17.3334 7.52084V6.47917C17.3334 6.34104 17.2785 6.20856 17.1808 6.11089C17.0831 6.01321 16.9507 5.95834 16.8125 5.95834Z\" fill=\"#203342\"\/>\n            <\/svg>\n            <span class=\"toc-heading fw-bold text-uppercase\">ON THIS PAGE<\/span>\n        <\/div>\n        <div   id="92hyfhfq1d"    class=\"table-of-content__toggler-icon\">\n          <div   id="92hyfhfq1d"    class=\"vertical-divider bg-gray-300\"><\/div>\n          <div   id="92hyfhfq1d"    class=\"collapse-rotate-child h-36px d-flex align-items-center justify-content-center p-3 ms-5 transform-ease \" data-bs-toggle=\"collapse\" data-bs-target=\"#toc-content\" aria-expanded=\"false\" aria-controls=\"toggle-toc\">\n            <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"13\" height=\"20\" viewBox=\"0 0 13 20\" fill=\"none\">\n              <g clip-path=\"url(#clip0_1450_9010)\">\n              <path d=\"M12.1328 5.88281C12.6211 5.39453 12.6211 4.60156 12.1328 4.11328C11.6445 3.625 10.8516 3.625 10.3633 4.11328L6.25 8.23047L2.13281 4.11719C1.64453 3.62891 0.851562 3.62891 0.363281 4.11719C-0.125 4.60547 -0.125 5.39844 0.363281 5.88672L4.48047 10L0.367187 14.1172C-0.121094 14.6055 -0.121094 15.3984 0.367187 15.8867C0.855469 16.375 1.64844 16.375 2.13672 15.8867L6.25 11.7695L10.3672 15.8828C10.8555 16.3711 11.6484 16.3711 12.1367 15.8828C12.625 15.3945 12.625 14.6016 12.1367 14.1133L8.01953 10L12.1328 5.88281Z\" fill=\"#203342\"\/>\n              <\/g>\n              <defs>\n              <clipPath id=\"clip0_1450_9010\">\n              <rect width=\"12.5\" height=\"20\" fill=\"white\"\/>\n              <\/clipPath>\n              <\/defs>\n              <\/svg>          <\/div>\n        <\/div>\n      <\/button>\n        <div   id="92hyfhfq1d"    class=\"horizontal-divider bg-gray-300 mx-2\"><\/div>\n        <ol class=\"toc-list list-unstyled\">\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">1<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#best-betting-sites-we-recommend-for-value-betting-in-2024\">Best Betting Sites We Recommend for Value Betting in 2024<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">2<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#value-betting-software\">Value Betting Software<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">3<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#how-to-identify-a-value-bet\">How To Identify a Value Bet<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">4<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#value-betting-coin-toss-example\">Value Betting Coin Toss Example<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">5<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#what-is-gambling-value\">What Is Gambling Value?<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">6<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#how-to-calculate-expected-value-ev-in-betting\">How To Calculate Expected Value(EV) in Betting<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">7<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#expected-value-variance\">Expected Value & Variance<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">8<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#other-strategies-to-find-value-in-betting\">Other Strategies To Find Value in Betting<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">9<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#thepunterspage-final-say\">ThePuntersPage Final Say<\/a>\n            <\/li>\n                      <li class=\"toc-list__item\">\n                            <span class=\"toc-list__number\">10<\/span>\n              <a class=\"toc-list__text jumplink\" href=\"#faqs\">FAQs<\/a>\n            <\/li>\n                  <\/ol>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n<div class=\"table-of-content__inner table-of-content-sticky__inner border-orange-swv-400 tocslide\" id=\"tocsticky\"  data-bs-toggle=\"collapse\" data-bs-target=\"#toc-content\" aria-expanded=\"false\" aria-controls=\"toggle-toc\">\n  <div   id="92hyfhfq1d"    class=\"toc-icon\">\n    <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"14\" viewBox=\"0 0 18 14\" fill=\"none\">\n      <path d=\"M3.27085 10.6458H1.18752C1.04939 10.6458 0.916911 10.7007 0.819236 10.7984C0.72156 10.8961 0.666687 11.0285 0.666687 11.1667L0.666687 13.25C0.666687 13.3881 0.72156 13.5206 0.819236 13.6183C0.916911 13.716 1.04939 13.7708 1.18752 13.7708H3.27085C3.40899 13.7708 3.54146 13.716 3.63914 13.6183C3.73681 13.5206 3.79169 13.3881 3.79169 13.25V11.1667C3.79169 11.0285 3.73681 10.8961 3.63914 10.7984C3.54146 10.7007 3.40899 10.6458 3.27085 10.6458ZM3.27085 0.229172H1.18752C1.04939 0.229172 0.916911 0.284045 0.819236 0.38172C0.72156 0.479395 0.666687 0.611872 0.666687 0.750005L0.666687 2.83334C0.666687 2.97147 0.72156 3.10395 0.819236 3.20162C0.916911 3.2993 1.04939 3.35417 1.18752 3.35417H3.27085C3.40899 3.35417 3.54146 3.2993 3.63914 3.20162C3.73681 3.10395 3.79169 2.97147 3.79169 2.83334V0.750005C3.79169 0.611872 3.73681 0.479395 3.63914 0.38172C3.54146 0.284045 3.40899 0.229172 3.27085 0.229172V0.229172ZM3.27085 5.43751H1.18752C1.04939 5.43751 0.916911 5.49238 0.819236 5.59005C0.72156 5.68773 0.666687 5.82021 0.666687 5.95834L0.666687 8.04167C0.666687 8.17981 0.72156 8.31228 0.819236 8.40996C0.916911 8.50763 1.04939 8.56251 1.18752 8.56251H3.27085C3.40899 8.56251 3.54146 8.50763 3.63914 8.40996C3.73681 8.31228 3.79169 8.17981 3.79169 8.04167V5.95834C3.79169 5.82021 3.73681 5.68773 3.63914 5.59005C3.54146 5.49238 3.40899 5.43751 3.27085 5.43751ZM16.8125 11.1667H6.39585C6.25772 11.1667 6.12524 11.2215 6.02757 11.3192C5.92989 11.4169 5.87502 11.5494 5.87502 11.6875V12.7292C5.87502 12.8673 5.92989 12.9998 6.02757 13.0975C6.12524 13.1951 6.25772 13.25 6.39585 13.25H16.8125C16.9507 13.25 17.0831 13.1951 17.1808 13.0975C17.2785 12.9998 17.3334 12.8673 17.3334 12.7292V11.6875C17.3334 11.5494 17.2785 11.4169 17.1808 11.3192C17.0831 11.2215 16.9507 11.1667 16.8125 11.1667ZM16.8125 0.750005H6.39585C6.25772 0.750005 6.12524 0.804879 6.02757 0.902554C5.92989 1.00023 5.87502 1.1327 5.87502 1.27084V2.31251C5.87502 2.45064 5.92989 2.58311 6.02757 2.68079C6.12524 2.77847 6.25772 2.83334 6.39585 2.83334H16.8125C16.9507 2.83334 17.0831 2.77847 17.1808 2.68079C17.2785 2.58311 17.3334 2.45064 17.3334 2.31251V1.27084C17.3334 1.1327 17.2785 1.00023 17.1808 0.902554C17.0831 0.804879 16.9507 0.750005 16.8125 0.750005V0.750005ZM16.8125 5.95834H6.39585C6.25772 5.95834 6.12524 6.01321 6.02757 6.11089C5.92989 6.20856 5.87502 6.34104 5.87502 6.47917V7.52084C5.87502 7.65897 5.92989 7.79145 6.02757 7.88912C6.12524 7.9868 6.25772 8.04167 6.39585 8.04167H16.8125C16.9507 8.04167 17.0831 7.9868 17.1808 7.88912C17.2785 7.79145 17.3334 7.65897 17.3334 7.52084V6.47917C17.3334 6.34104 17.2785 6.20856 17.1808 6.11089C17.0831 6.01321 16.9507 5.95834 16.8125 5.95834Z\" fill=\"#203342\"\/>\n      <\/svg>\n  <\/div>\n  <div class='links' id=\"toc-list\">\n    <a href=\"#\">ON THIS PAGE<\/a>\n  <\/div>\n<\/div>\n<div id=\"modal-backdrop\" class=\"modal-backdrop fade show d-none\"><\/div>\n\n\n<h2 id=> <\/h2>\n\n<h2 id=\"value-betting-software\" class=\"jump-link-heading\"  >Value Betting Software<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Looking for a value betting app or bot? There are several software options that help you identify value bets, as listed below:<\/p>\n\n<h3 id=\"rebelbetting-review\">\n        RebelBetting Review\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    RebelBetting offers<strong> <\/strong>downloadable software as well as a value betting app and a product for detecting <a href=\"https:\/\/panalo123bet.com\/arbitrage-betting-explained\/\">arbitrage bets<\/a>.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The software not only shows the day\u2019s value bets but also provides an estimation of their value, giving you the edge in your betting endeavours.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The tracker serves as a treasure trove of data, sparing you the hassle of creating endless Excel spreadsheets to track the data yourself.<strong> <\/strong>It consolidates all your bets in one single location, complete with graphs illustrating your winnings over time. Moreover, you can keep a real-time tab on your account balances, making it the ultimate betting companion!<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>How does it work?<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Simply click on the bet and the software will direct you to the specific bookie. It has a bet tracker that tracks your specific bets. The video below explains how to use it:<\/p>\n\n<div   id="92hyfhfq1d"    class=\"container m-auto\" style=\"max-width: 600px\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div   id="92hyfhfq1d"    class=\"wp-block-embed__wrapper\">\n<\/iframe>\n<\/div><figcaption class=\"wp-element-caption\">RebelBetting (2023) <em>Make Money with Sports Betting | The Ultimate Beginner guide for Smart bettors <\/em><\/figcaption><\/figure>\n<\/div>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The software looks for overpriced odds as a way to beat the bookmakers. It does this by essentially comparing odds and automatically detects arbitrage options, allowing you to bet on all outcomes and still make a profit.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The site has a proven yield on 2.5%, which is quite impressive, and has had millions of bets placed.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Of course, value bets do not stay around forever since odds are constantly being updated, so you will have to log in regularly to check for the latest odds.<\/p>\n\n<h4 id=\"rebelbetting-pricing-profit-guarantee\">\n        RebelBetting Pricing & Profit Guarantee\n    <\/h4>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    RebelBetting is moderately priced \u2014 at least for serious bettors with a decent bankroll. It costs <strong>\u00a323 a month for the first three months<\/strong> or a total of \u00a369. If you want the full package, RebelBetting Pro (including both betting products) costs \u00a343 a month for the first three months.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-0 rounded-4 d-flex flex-column\">\n                <p class=\"m-0 p-info fs-sm-16\">Best of all, they have a profit guarantee, meaning if you do not make a profit in the first month, you will get the next month free!<\/p>\n            <\/div>\n        <\/div>\n\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta dflex pt-3\">\n    <div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta__container container\">\n            <a href=\"https:\/\/panalo123bet.com\/goto\/rebel-betting\/#cta\"target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"featured-card--cta btn text-uppercase justify-content-center btn-cta\">\n  <span class=\"word-a cta-ab\">Visit RebelBetting<\/span>\n            <span class=\"word-b cta-ab\">VISIT BOOKIE<\/span>\n            <span class=\"word-c cta-ab\">SEE OFFER<\/span>\n<\/a>        <\/div>\n<\/div>\n\n\n<h3 id=\"trademate-sports-review\">\n        Trademate Sports Review\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Trademate Sports provides a valuable, user-friendly tool for detecting value bets.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>How does it work?<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    A message will automatically pop up in your browser every time a value bet is detected. How Trademate detects these bets is a matter of secrecy (we suppose if you had a good strategy for detecting value bets, you would not share it too easily either!). However, as you can see from the video below, a lot comes from comparing odds at various bookies.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"container m-auto\" style=\"max-width: 600px\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div   id="92hyfhfq1d"    class=\"wp-block-embed__wrapper\">\n<\/iframe>\n<\/div><\/figure>\n<\/div>\n\n<h4 id=\"trademate-free-trial\">\n        Trademate Free Trial\n    <\/h4>\n    \n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-0 rounded-4 d-flex flex-column\">\n                <p class=\"m-0 p-info fs-sm-16\">The best thing about Trademate is its one-month free trial, allowing you to identify bets and use the software to your advantage!<strong> <\/strong>We recommend it to both novice and seasoned punters.<\/p>\n            <\/div>\n        <\/div>\n\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta dflex pt-3\">\n    <div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta__container container\">\n            <a href=\"https:\/\/panalo123bet.com\/goto\/trademate\/#cta\"target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"featured-card--cta btn text-uppercase justify-content-center btn-cta\">\n  <span class=\"word-a cta-ab\">Visit Trademate<\/span>\n            <span class=\"word-b cta-ab\">VISIT BOOKIE<\/span>\n            <span class=\"word-c cta-ab\">SEE OFFER<\/span>\n<\/a>        <\/div>\n<\/div>\n\n\n<h3 id=\"smarkets-review\">\n        Smarkets Review\n    <\/h3>\n    \n\n<div   id="92hyfhfq1d"    class=\"mb-4\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1108\" height=\"432\" src=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Smarkets-2percent-commission-fee.png\" alt=\"Screenshot of a settled bet on Smarkets.\" class=\"wp-image-156306\" srcset=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Smarkets-2percent-commission-fee.png 1108w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Smarkets-2percent-commission-fee-300x117.png 300w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Smarkets-2percent-commission-fee-1024x399.png 1024w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Smarkets-2percent-commission-fee-768x299.png 768w\" sizes=\"(max-width: 1108px) 100vw, 1108px\" \/><figcaption class=\"wp-element-caption\">(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    While it certainly isn\u2019t your typical bookmaker, Smarkets has established itself as one of the world\u2019s leading betting exchanges since its emergence in 2008.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>How does it work?<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Smarkets operates like any other betting exchange, although its 2% commission fees have widely been lauded as one of the lowest around. This bookie allows you to place back and lay bets. In the former, you're betting on an outcome to happen, while in the latter, you\u2019re essentially betting on the outcome not happening.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta dflex pt-3\">\n    <div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta__container container\">\n            <a href=\"https:\/\/panalo123bet.com\/goto\/smarkets\/#cta\"target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"featured-card--cta btn text-uppercase justify-content-center btn-cta\">\n  <span class=\"word-a cta-ab\">Visit Smarkets <\/span>\n            <span class=\"word-b cta-ab\">VISIT BOOKIE<\/span>\n            <span class=\"word-c cta-ab\">SEE OFFER<\/span>\n<\/a>        <\/div>\n<\/div>\n\n\n<h3 id=\"coral-review\">\n        Coral Review\n    <\/h3>\n    \n\n<div   id="92hyfhfq1d"    class=\"mb-4\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1108\" height=\"432\" src=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Coral-new-customer-offer.png\" alt=\"Screenshot of Coral's new customer offer: Get a \u00a320 Free Bet when you bet \u00a35 on sports.\" class=\"wp-image-156307\" srcset=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Coral-new-customer-offer.png 1108w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Coral-new-customer-offer-300x117.png 300w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Coral-new-customer-offer-1024x399.png 1024w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Coral-new-customer-offer-768x299.png 768w\" sizes=\"(max-width: 1108px) 100vw, 1108px\" \/><figcaption class=\"wp-element-caption\">(Source: Coral)<\/figcaption><\/figure>\n<\/div>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    There\u2019s nothing particularly outstanding about Coral, but this bookmaker does everything well. It\u2019s regarded as an industry behemoth, and it\u2019s no surprise that you can take advantage of a varied sportsbook with competitive odds.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>How does it work?<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    While the bookie doesn\u2019t offer any particular tips or hacks in regard to value betting, it boasts supremely generous odds and a wide range of markets. While reviewing the bookie, I realised that there\u2019s no overlooking Coral\u2019s particularly generous football odds \u2014 they're among the very best around. I found this out by using the odds overround to calculate the consistency of their odds on football matches.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Moreover, new customers can take advantage of their <strong>excellent welcome offer<\/strong>. What\u2019s not to like about Coral?<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta dflex pt-3\">\n    <div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta__container container\">\n            <a href=\"https:\/\/panalo123bet.com\/goto\/coral-pl-newcustomeroffer\/\"target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"featured-card--cta btn text-uppercase justify-content-center btn-cta\">\n  <span class=\"word-a cta-ab\">Visit Coral<\/span>\n            <span class=\"word-b cta-ab\">VISIT BOOKIE<\/span>\n            <span class=\"word-c cta-ab\">SEE OFFER<\/span>\n<\/a>        <\/div>\n<\/div>\n\n\n<h3 id=\"betfred-review\">\n        Betfred Review\n    <\/h3>\n    \n\n<div   id="92hyfhfq1d"    class=\"mb-4\">\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1108\" height=\"432\" src=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Betfred-price-boost.png\" alt=\"Screenshot of the Price Boost offer on Betfred.\" class=\"wp-image-156308\" srcset=\"https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Betfred-price-boost.png 1108w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Betfred-price-boost-300x117.png 300w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Betfred-price-boost-1024x399.png 1024w, https:\/\/panalo123bet.com\/app\/uploads\/2023\/11\/TPP-Betfred-price-boost-768x299.png 768w\" sizes=\"(max-width: 1108px) 100vw, 1108px\" \/><figcaption class=\"wp-element-caption\">(Source: Betfred)<\/figcaption><\/figure>\n<\/div>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    With over 50 years of tradition, Betfred is one of the UK\u2019s oldest bookmakers. Like Coral, it nails the basics and is fundamentally sound. As a result, its sportsbook is broad, while you can access a litany of sportsbook promotions which cover an array of sports. I must also commend Betfred\u2019s blog, which is superbly detailed and certainly worth checking out.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>How does it work?<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Betfred is another premier bookmaker that doesn\u2019t offer anything in particular, but it features great odds and excellent promotions. What stands out in particular is the number of daily offers you can take advantage of. For major events, Betfred will almost always offer price boost \u2014 especially on big football matches, which means you can back teams that are often likely to win at a higher price.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta dflex pt-3\">\n    <div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-cta__container container\">\n            <a href=\"https:\/\/panalo123bet.com\/goto\/betfred\/#cta\"target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"featured-card--cta btn text-uppercase justify-content-center btn-cta\">\n  <span class=\"word-a cta-ab\">Visit Betfred<\/span>\n            <span class=\"word-b cta-ab\">VISIT BOOKIE<\/span>\n            <span class=\"word-c cta-ab\">SEE OFFER<\/span>\n<\/a>        <\/div>\n<\/div>\n\n\n<h2 id=\"how-to-identify-a-value-bet\" class=\"jump-link-heading\"  >How To Identify a Value Bet<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    If you see something as more likely than what the bookie's odds imply, you have perhaps identified a value bet. The following concepts will help you to determine this.<\/p>\n\n<h3 id=\"implied-probability\">\n        Implied Probability\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    A bookie\u2019s odds always <a href=\"https:\/\/panalo123bet.com\/implied-probability\/\">imply a certain probability<\/a>.<strong> <\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>For example<\/strong>, odds of 2.1 imply a probability of 47.62%.<\/p>\n\n<h3 id=\"true-odds\">\n        True Odds\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Bookie\u2019s odds are based on their models, statistics, and more. They are usually good enough to make sure that they have a good income, but are not always perfect.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Bookie\u2019s odds are usually a good indication of the true odds of an event, but what the true odds really are can be hard to calculate. As part of your betting strategy, you need to estimate what you think the true odds of an event are and compare them to the bookie\u2019s.<\/p>\n\n<h3 id=\"value-bets\">\n        Value Bets\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The value of a bet is<strong> <\/strong>the difference between your estimation of the odds and implied probability, and the bookie\u2019s odds and probabilities.<strong> <\/strong>You can express it in terms of probability or in odds.<\/p>\n\n<h3 id=\"expected-value-ev\">\n        Expected Value (EV)\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Expected value is your<strong> <\/strong>average value over the course of multiple bets.<strong> <\/strong>It shows you the edge you have on average over the bookmakers.<\/p>\n\n<h2 id=\"value-betting-coin-toss-example\" class=\"jump-link-heading\"  >Value Betting Coin Toss Example<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    A coin toss has only two outcomes: heads or tails.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    In normal circumstances, the odds of the coin landing on heads or tails is 50%. If you have a fair bet on either option, you will get odds of 2.00 or 1\/1. Now imagine if someone offered you odds of 2.20 to bet on heads. While there is still a risk of losing your money, you would almost be crazy not to take the bet.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Of course, the ideal situation would be if you could bet on it multiple times. You would also have to <strong><a href=\"https:\/\/panalo123bet.com\/bankroll-management-betting-sports\/\">manage your bankroll<\/a><\/strong>. Betting your whole wallet comes with a risk, since you still have a 45.45% chance of losing.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    The ideal would be to bet a small portion of your bankroll multiple times. That way, you will ultimately win more money than you lose.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-info rounded-10\">\n                <div   id="92hyfhfq1d"    class=\"d-flex align-items-center mb-sm-3 mb-2 tip__top\">\n                    <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/info-box-icon--tip.bd4a92.svg\" alt=\"Info box icon\" \/>\n                    <p class=\"h4 ms-2 mb-0 fw-bolder fs-sm-20 fst-italic p-0 tip-label\">TIP:<\/p>\n                <\/div>\n                <p class=\"mb-0 fs-sm-16 p-0\">The <strong><a href=\"https:\/\/panalo123bet.com\/kelly-criterion-betting\/\">Kelly Criterion<\/a><\/strong> has a formula that suggests how much of your bankroll to bet, depending on your estimation of value. To ease the maths, we created an online <a href=\"https:\/\/panalo123bet.com\/kelly-criterion-calculator\/\"><strong>Kelly Criterion Calculator<\/strong><\/a>, which is free and easy to use!<\/p>\n            <\/div>\n        <\/div>\n\n\n<h2 id=\"what-is-gambling-value\" class=\"jump-link-heading\"  >What Is Gambling Value?<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    In sports betting,&nbsp;it is impossible to know the true odds. You can only use various methods to estimate what the true odds of an event are. If you can find a better method of estimating what the odds are than the bookies, you have found a way to predict the value in betting.<\/p>\n\n<h3 id=\"value-football-betting-example\">\n        Value Football Betting Example\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    As with any sport, football is full of variables and it\u2019s incredibly hard to predict outcomes. As a result, prop\/statistics bets have become increasingly popular with bookies offering an array of such markets.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Bookies rely on data gathered from thousands of matches, which means their odds reflect average outcomes more than extreme ones. If a team is producing high numbers consistently for certain game statistics, such as corners or goals during a specific competition like the <strong><a rel=\"noopener noreferrer\" href=\"https:\/\/en.wikipedia.org\/wiki\/FIFA_World_Cup\" target=\"_blank\">World Cup<\/a><\/strong> or Champions League, bookies' odds often don\u2019t reflect it.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-0 rounded-4 d-flex flex-column\">\n                <div   id="92hyfhfq1d"    class=\"p-info rounded-top-4 border-bottom border-success bg-tpp-success\">\n                    <p class=\"h4 mb-0 m-0 fw-bolder fs-sm-20 text-uppercase fst-italic text-center p-0\">Example<\/p>\n                <\/div>\n                <div   id="92hyfhfq1d"    class=\"p-info infobox__inner\"><p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    There are an average of 13.2 corners in Manchester United Premier League matches this season, but the league\u2019s average per game is just 10.71. So, if the bookie\u2019s odds do not reflect the average corner collection in United matches. For instance, if a bookmaker offers over\/under corner odds of 1.9 for over 12.5 corners, this would a good opportunity for value. How exactly to quantify the value can be difficult, but if you estimate it very likely that United will keep up their corner streak, you have a value bet.<\/p><\/div>\n            <\/div>\n        <\/div>\n\n\n<h3 id=\"value-betting-horse-racing-example\">\n        Value Betting Horse Racing Example\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Horse racing is another sport where looking for value is essential. Just like in any other sport, it is up to you to find where bookies are overestimating or underestimating the likelihood of any event.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-0 rounded-4 d-flex flex-column\">\n                <div   id="92hyfhfq1d"    class=\"p-info rounded-top-4 border-bottom border-success bg-tpp-success\">\n                    <p class=\"h4 mb-0 m-0 fw-bolder fs-sm-20 text-uppercase fst-italic text-center p-0\">Example<\/p>\n                <\/div>\n                <div   id="92hyfhfq1d"    class=\"p-info infobox__inner\"><p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    A horse has odds of winning set at 10\/1, or 11.00 in decimal odds, giving you an implied probability of 9.09%. This may seem like an attractive bet \u2014 after all, betting \u00a310 awards you \u00a3100 extra if you win. However, you believe that this horse is actually overvalued by the bookies and actually has a much smaller chance to win. Therefore, there is no value in the bet, and you should stay away from it.<\/p><\/div>\n            <\/div>\n        <\/div>\n\n\n<h2 id=\"how-to-calculate-expected-value-ev-in-betting\" class=\"jump-link-heading\"  >How To Calculate Expected Value(EV) in Betting<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    There is a formula to calculate the value of your bet. Of course, this calculation is only a reflection of your estimation of the true odds of the event \u2014 it is only as accurate as your own estimation.<\/p>\n\n<h3 id=\"expected-value-betting-formula\">\n        Expected Value Betting Formula\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    You can easily calculate the value of your bet using the following formula:<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>Value = (Amount won per bet x probability of winning) \u2013 (Amount lost per bet x probability of losing)<\/strong><\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Let's look back at our football example from above and assume you bet \u00a310 at the odds of 1.9. You give a conservative 60% chance that Team A will score more than 12.5 corners.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"list-block\">\n    <div   id="92hyfhfq1d"    class=\"container\">\n        <ul class=\"list-unstyled teal-bullet\">\n                        <li class=\"list-item\">\n                <div   id="92hyfhfq1d"    class=\"list-item__wrapper\">\n                                        <div   id="92hyfhfq1d"    class=\"list-item__icon\">\n                        <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/list-icon--teal-bullet.c6326b.svg\" alt=\"List Icon\" loading=\"lazy\">\n                    <\/div>\n                                        <div   id="92hyfhfq1d"    class=\"list-item__text\">\n                                                <p><strong>Amount won per bet:<\/strong> \u00a310 x 1.9 = 19 (bet times odds)<\/p>\n                                            <\/div>\n                <\/div>\n            <\/li>\n                        <li class=\"list-item\">\n                <div   id="92hyfhfq1d"    class=\"list-item__wrapper\">\n                                        <div   id="92hyfhfq1d"    class=\"list-item__icon\">\n                        <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/list-icon--teal-bullet.c6326b.svg\" alt=\"List Icon\" loading=\"lazy\">\n                    <\/div>\n                                        <div   id="92hyfhfq1d"    class=\"list-item__text\">\n                                                <p><strong>Probability of winning: <\/strong>60% or 0.6 (your estimated probability)<\/p>\n                                            <\/div>\n                <\/div>\n            <\/li>\n                        <li class=\"list-item\">\n                <div   id="92hyfhfq1d"    class=\"list-item__wrapper\">\n                                        <div   id="92hyfhfq1d"    class=\"list-item__icon\">\n                        <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/list-icon--teal-bullet.c6326b.svg\" alt=\"List Icon\" loading=\"lazy\">\n                    <\/div>\n                                        <div   id="92hyfhfq1d"    class=\"list-item__text\">\n                                                <p><strong>Amount lost per bet:<\/strong> \u00a310 (your bet amount)<\/p>\n                                            <\/div>\n                <\/div>\n            <\/li>\n                        <li class=\"list-item\">\n                <div   id="92hyfhfq1d"    class=\"list-item__wrapper\">\n                                        <div   id="92hyfhfq1d"    class=\"list-item__icon\">\n                        <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/list-icon--teal-bullet.c6326b.svg\" alt=\"List Icon\" loading=\"lazy\">\n                    <\/div>\n                                        <div   id="92hyfhfq1d"    class=\"list-item__text\">\n                                                <p><strong>Probability of losing:<\/strong> 40% or 0.4<\/p>\n                                            <\/div>\n                <\/div>\n            <\/li>\n                    <\/ul>\n    <\/div>\n<\/div>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>The Value of this bet is thus:<\/strong>(\u00a319 x 60%) \u2013 (\u00a310 x 40%) = \u00a37.4<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    That means that you would win on average \u00a37.4 for every \u00a310 that you bet if you placed the same bet a multiple number of times. Of course, this is only if your analysis of the odds is correct. While we chose to use an extreme example, in real life, you would usually have a much smaller margin.<\/p>\n\n<h2 id=\"expected-value-variance\" class=\"jump-link-heading\"  >Expected Value & Variance<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    It is very important to look at your own expected value over the course of a large number of bets. Volume is essential. Once you know how much your results vary from your expected value, you can calculate your own <a href=\"https:\/\/panalo123bet.com\/standard-deviation-in-betting\/\">variance<\/a> and average expected value.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Over the course of hundreds or thousands of bets, your calculation will be more accurate. If you are a successful punter and place a large number of bets, you will gradually see your variance decreasing. This, of course, depends on your skills of predicting value bets.<\/p>\n\n<h2 id=\"other-strategies-to-find-value-in-betting\" class=\"jump-link-heading\"  >Other Strategies To Find Value in Betting<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Compiling and comparing bookie odds, which is what the two of the software above do, is only one of the many ways to find value in betting. The following are the most popular:<\/p>\n\n<h3 id=\"developing-your-own-statistical-model\">\n        Developing Your Own Statistical Model\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Bookies rely on all sorts of statistics, such as league averages, player averages, and team averages to create statistical models. They use methods like Poisson distribution and normal distribution to calculate how likely an event is. <strong>Needless to say, nothing is to stop you from coming up with your own models. <\/strong><\/p>\n\n<h3 id=\"ratings-systems\">\n        Ratings Systems\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Ratings systems are used for seeding in tournaments, such as chess, tennis, and football. <strong><a href=\"https:\/\/panalo123bet.com\/elo-ratings-in-betting\/\">Elo ratings<\/a><\/strong>, in particular,&nbsp;are some of the most commonly used. <strong>Feel free to use available rating systems, or create your own to calculate the relative strength of a team or player. <\/strong><\/p>\n\n<h3 id=\"tipsters\">\n        Tipsters\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Tipsters are often retired punters who are banned by the bookies for winning too much. They now sell their knowledge to anyone who is willing to pay. Of course, you need to know the difference between tipsters and fraudsters.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-info rounded-10\">\n                <div   id="92hyfhfq1d"    class=\"d-flex align-items-center mb-sm-3 mb-2 tip__top\">\n                    <img decoding=\"async\" src=\"https:\/\/panalo123bet.com\/app\/themes\/thepunterspage\/public\/images\/info-box-icon--tip.bd4a92.svg\" alt=\"Info box icon\" \/>\n                    <p class=\"h4 ms-2 mb-0 fw-bolder fs-sm-20 fst-italic p-0 tip-label\">TIP:<\/p>\n                <\/div>\n                <p class=\"mb-0 fs-sm-16 p-0\">The best way to do this is to look at their history of bets and see if they can prove an <a href=\"https:\/\/panalo123bet.com\/return-on-investment\/\">ROI<\/a> based on their tips.<\/p>\n            <\/div>\n        <\/div>\n\n\n<h3 id=\"comparing-odds\">\n        Comparing Odds\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    <strong>This is the easiest and most obvious strategy.<\/strong> If you have an account at multiple bookies and one bookie offers better odds than another does, you have proven value for a bet. We suggest comparing odds to get the best deal.<\/p>\n\n<h3 id=\"in-play-value-betting\">\n        In-Play Value Betting\n    <\/h3>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    In-play betting has a huge opportunity for value. A team or player could be getting beat for a while before it is reflected in the odds. Finding value is all about timing.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-infobox-block container\">\n                <div   id="92hyfhfq1d"    class=\"infobox bg-white border border-success p-0 rounded-4 d-flex flex-column\">\n                <div   id="92hyfhfq1d"    class=\"p-info rounded-top-4 border-bottom border-success bg-tpp-success\">\n                    <p class=\"h4 mb-0 m-0 fw-bolder fs-sm-20 text-uppercase fst-italic text-center p-0\">Example<\/p>\n                <\/div>\n                <div   id="92hyfhfq1d"    class=\"p-info infobox__inner\"><p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    In MMA, before the fight, fighter A is a heavy favourite at 1.38, Fighter B is the underdog at 3.25. In the first minute of the fight, Fighter B scores a knockdown. The odds will change in almost real time. However, fighter B will still be an underdog, now perhaps at 2.80. You now have fighter A who is rocked, wobbled, possibly hurt, and for some reason is still a hot favourite. This is a good time to bet on fighter B.<\/p><\/div>\n            <\/div>\n        <\/div>\n\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    As you can see, this is a good strategy for finding value and you can apply it to almost any sport. Another advantage is that you can bet against yourself or cash out your bet if things are not going your way.<\/p>\n\n<h2 id=\"thepunterspage-final-say\" class=\"jump-link-heading\"  >ThePuntersPage Final Say<\/h2>\n    \n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    Finding value is the most important part of sports betting as you need to ensure that you are making money over the course of thousands of bets. There is no guarantee you will win every bet unless you use arbitrage betting, and such opportunities are few and far between. Value bets are your best choice.<\/p>\n\n<p class=\"paragraph-block m-0 has-text-align-left container mx-auto\" >\n    As long as you are able to identify value in bets consistently (whatever your strategy for doing that is), you are likely to <a href=\"https:\/\/panalo123bet.com\/how-do-bookmakers-make-money\/\">beat the bookies.<\/a> Keep in mind that you will need to place smaller bets \u2014 usually less than 5% of your bankroll. If you can get an ROI of 2.5% or more, you are on your way to becoming a professional punter.<\/p>\n\n<div   id="92hyfhfq1d"    class=\"wp-block-wis-blocks-faqs\">\n    <div   id="92hyfhfq1d"    class=\"faq\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\">\n        <div   id="92hyfhfq1d"    class=\"faq-wrapper\">\n            <h2 id=\"faqs\" class=\"jump-link-heading\"  itemprop=\"name\" >FAQs<\/h2>\n            <div   id="92hyfhfq1d"    class=\"mb-0 w-100\">\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b7b\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b7b\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>How do I calculate my bet value?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\">You can easily calculate the value of your bet using the following formula: <strong>Value = (Amount won per bet x probability of winning) \u2013 (Amount lost per bet x probability of losing)<\/strong> This calculation depends on your estimation of the probability of winning and offers no guarantees.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b81\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b81\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>How does a winning team determine odds?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\"><strong>Odds let you know how likely a team is to win <\/strong>\u2014<strong> they carry implied probability<\/strong>. For example, odds of 3.0 or 2\/1 offer an implied probability of 33.3%. That means the odds of winning are 1 in 3.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b84\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b84\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>How do I win a bet every time?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\"><strong>To win a bet every time, you need to use arbitrage betting<\/strong>. Arbs are a way to bet against yourself and still win. If two bookies see the same team as an underdog and a favourite respectively, you can bet with both and still make a profit. RebelBetting (see above) offers arbing software, which detects arbitrage bets from online bookies across the world.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b87\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b87\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>What is a value bet?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\">Simply put, a value bet is one where the likelihood of a given outcome is higher than the odds offered by the bookmaker reflect.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b89\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b89\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>Is a value bet profitable?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\">While there\u2019s no guarantee of winning every supposed \u2018value bet\u2019, you\u2019re more likely to earn a profit in the long haul by placing such bets.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b8c\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b8c\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>What is the difference between arbitrage and a value bet?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\">Value bets are much more common and less time consuming than arbitrage bets. These \u2018sure bets\u2019 supposedly guarantee success, even if the profits are small, while value bets don\u2019t guarantee profits.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                                <div   id="92hyfhfq1d"    class=\"faq-accordion\">\n                    <div   id="92hyfhfq1d"    itemprop=\"mainEntity\" itemscope itemtype=\"https:\/\/schema.org\/Question\">\n                        <input class=\"d-none\" type=\"checkbox\" id=\"673d637415b8f\" \/>\n                        <div   id="92hyfhfq1d"    class=\"mb-2\">\n                            <label class=\"btn justify-content-start w-100 text-white px-3 py-3\"\n                                for=\"673d637415b8f\">\n                                <div   id="92hyfhfq1d"    class=\"text-start lh-base\" itemprop=\"name\">\n                                    <div   id="92hyfhfq1d"    class=\"faq-item__question\"><strong>How do you find good value bets?<\/strong><\/div>\n                                <\/div>\n                                <i class=\"icon\" aria-hidden=\"true\"><\/i>\n                            <\/label>\n                            <div   id="92hyfhfq1d"    itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n                                <span itemprop=\"text\">\n                                    <div   id="92hyfhfq1d"    class=\"fs-16 px-3 lh-base\">\n                                        <p class=\"faq-item__answer py-3\">It\u2019s always worth comparing the odds of bookmakers to see which feature the best odds for particular events \/ markets. It\u2019s also worth using Trademate and RebelBetting to identify value bets.<\/p>\n                                    <\/div>\n                                <\/span>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <\/div>\n        <\/div>\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Looking for value in bets is the only viable betting strategy in the long term. When you consistently identify value in bookies&#8217; odds by comparing them with your own calculated probabilities, you significantly boost your chances of beating the bookies over&nbsp;a series of bets. In this article, we will explain how to calculate and detect &hellip; <a href=\"https:\/\/panalo123bet.com\/value-betting\/\">Continued<\/a><\/p>\n","protected":false},"author":50,"featured_media":111346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30500,628],"tags":[],"acf":[],"yoast_head":"\n<title>Value Betting in Sports Explained - Ultimate Guide<\/title>\n<meta name=\"description\" content=\"Looking for value in bets is the only viable betting strategy in long run\u2705. Learn calculating the value and strategies for finding value bets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panalo123bet.com\/value-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Value Betting in Sports Explained - Ultimate Guide\" \/>\n<meta property=\"og:description\" content=\"Looking for value in bets is the only viable betting strategy in long run\u2705. Learn calculating the value and strategies for finding value bets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panalo123bet.com\/value-betting\/\" \/>\n<meta property=\"og:site_name\" content=\"panalo123bet.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-08T06:59:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T05:11:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/panalo123bet.com\/app\/uploads\/2021\/09\/tpp-finance-featured-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"James Cormack\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jamescormack_\" \/>\n<meta name=\"twitter:site\" content=\"@thepunterspage\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James Cormack\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n","yoast_head_json":{"title":"Value Betting in Sports Explained - Ultimate Guide","description":"Looking for value in bets is the only viable betting strategy in long run\u2705. Learn calculating the value and strategies for finding value bets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/panalo123bet.com\/value-betting\/","og_locale":"en_GB","og_type":"article","og_title":"Value Betting in Sports Explained - Ultimate Guide","og_description":"Looking for value in bets is the only viable betting strategy in long run\u2705. 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