Post by davidoff on Sept 10, 2021 3:18:11 GMT
Value betting is a mathematical strategy for betting on underestimated events, the odds of which, according to the bettor, do not correspond to the real probability at highly trusted sites like bet2win.com.ng/bookmakers-review/. Another strategy is called value bets or overweight bets.
A primitive example
Let's say a club wins every third home match. The odds for this outcome is 3.3. By placing a bet of $ 100 for three home fights, you will earn 330 USD. ($ 30 net), since two trades will lose, and one will play. Naturally, only in theory, because in a primitive example, only statistics are taken into account, and not other factors, such as the attitude of athletes, staffing problems, xG models, the form of opponents, etc.
To determine the size of the bet, use the Kelly criterion if you know how to accurately assess the odds of a particular outcome. Flat is also suitable.
The advantages of the value bet strategy will become noticeable after a lot of bets, at least 500. Analyze events carefully, as an erroneous estimate of the probability will lead to losses.
Remember that protracted positive and negative streaks are inevitable over a long distance. Be ready for them and set a minimum percentage of the bank to overcome the crisis.
A primitive example
Let's say a club wins every third home match. The odds for this outcome is 3.3. By placing a bet of $ 100 for three home fights, you will earn 330 USD. ($ 30 net), since two trades will lose, and one will play. Naturally, only in theory, because in a primitive example, only statistics are taken into account, and not other factors, such as the attitude of athletes, staffing problems, xG models, the form of opponents, etc.
To determine the size of the bet, use the Kelly criterion if you know how to accurately assess the odds of a particular outcome. Flat is also suitable.
The advantages of the value bet strategy will become noticeable after a lot of bets, at least 500. Analyze events carefully, as an erroneous estimate of the probability will lead to losses.
Remember that protracted positive and negative streaks are inevitable over a long distance. Be ready for them and set a minimum percentage of the bank to overcome the crisis.