Serious punters and sports bettors are constantly talking about value. alternatif Dewalive They are always looking for ways to get an edge over the bookmaker. Obviously, it is by no means easy to establish whether or not you have genuine value, merely time will tell. Either you will be profitable or not. However, the principle of at least trying to gain value is still important. You are generally looking for a situation where a horse, team or competitor has a greater chance of winning a contest that their odds suggest. For instance you might evaluate that a competitor in a sprint has a 10% likelihood of winning the race. This probability can be divided by 100 to get 0.10. Divide 0.10 into 1 to convert your probability into odds. The odds of you getting +1000, 11.00 (decimal/euro), or 10/1 (fractional) will be returned. In other words, odds are the probability of something happening while probabilities are the chance of something happening. So next you want to look at the market. If most of the prices are sitting at or close to 10/1 or lower for this event - then you should not bet! This is a hard discipline to learn. You may think strongly that you will win by making a bet on this contest but you mustn't because you don't have an edge over the book. If the prices displayed with the bookmakers are, e.g. 12/1, you would bet the event. You could choose to bet more if the event's value or price exceeds 10/1. http://cycling360media.com/how-to-start-betting-on-your-favorite-sporting-events/ However, this is a staking issue that warrants further explanation in an additional article. You may wish to build in a safety margin for your own inaccuracy re estimation or to allow for the sportsbook's vigorish (built in profit margin). You might lower the prices displayed at the bookmakers by 10%, or add 10% to your estimate price for an event. Discovering value in particular sports is more difficult than others. Some people like to concentrate on niche sports, maybe pool, darts or UFC. Others prefer to bet on traditional sports, but only in the minor leagues. Bettors do this because they feel they can achieve an advantage - they believe the bookmaker may not be fully capable of monitoring all markets efficiently from a time standpoint and are therefore more likely to put up prices that are bigger than they really should be. Because Premiership football is a large mainstream market, it can be difficult for punters to access. He has the time and resources to analyze all aspects of the game. However, other mainstream sports such as Basketball (NBA and college) or MLB offer up a huge quantity of fixtures which can leave the bookmaker under pressure at times. It is not just about posting basketball prices. Each line must be monitored and moved accordingly. So if you are starting out the recommendation is to find your sport, become an specialist in that market and then start looking for the holy grail...value. View sportsbooks
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