Sports Bets
Sport value bets are a quintessential part of our betting system. We cover an array of sports with our main-focus on football, hockey, basketball and tennis. Within these sports, we cover events from all divisions and standards.
There is value to be had across this range, we ensure that our coverage is sufficient to capture this.
Value bets can be found across a wide range of betting markets, including:
How does it work?
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Match outcomes
Value bets can be identified for the final outcome of a match, such as a win, loss, or draw in football, or a moneyline bet in basketball or baseball.
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Point spreads
In several sports such as football, tennis, basketball etc… value bets can be found in point spread markets, where the bookmaker sets a handicap to even the odds between two unevenly matched teams.
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Totals (Over/Under)
Value bets can emerge in over/under markets, where the bettor believes the total number of points, goals, or runs scored by both teams will be higher or lower than the bookmaker's prediction.
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Prop bets
These are bets on specific events or occurrences within a game, such as a player's performance or the number of corner kicks in a football match.
Example of a Sports Value Bet
Suppose the Los Angeles Lakers are playing the Boston Celtics in an NBA match.
After researching and analyzing various factors that may influence the outcome as well as odds across bookmakers around the world, we estimate the following probabilities for the two main outcomes:
These are what we would call the «true odds»
Now, let's assume that you check the odds offered by a bookmaker and find the following:
Lakers win: 1.50
Implied probability:1/1.50 = 0.67 or 67%
Celtics win: 2.75
Implied probability: 1/2.75 = 0.36 or 36%
To determine if there's value in either bet, compare your estimated probabilities with the bookmaker's implied probabilities:
Lakers win: 1.50
Your estimated probability (60%) is lower than the bookmaker's implied probability (67%). This means that the Lakers are overvalued, and there is no value in betting on them.
Celtics win: 1.50
Your estimated probability (40%) is higher than the bookmaker's implied probability (36%). This means that the Celtics are undervalued, and there is value in betting on them.
In this example, the value bet would be on the Celtics to win at odds of 2.75. This doesn't guarantee that the Celtics will win, but betting on them consistently in similar situations should yield positive returns over time
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