What is Value Betting?

Value betting is a strategy where you place bets only when the bookmaker's odds are higher than the real probability of an event happening. Over time, this gives you a profit edge and long-term advantage.

Quick Example:

  • You think a cricket team has a 60% chance to win → fair odds = 1 / 0.60 = 1.66
  • Bookmaker offers 1.90 → this is a value bet!

How Does Value Betting Work?

  1. Step 1 – Find Value: Compare odds across different bookies.
  2. Step 2 – Calculate EV: Use formula → (Probability × Odds) - 1
  3. Step 3 – Bet Regularly: Over time, you'll make profit even with some losses.

🎯 New Real-Life Example (Football):

Match: Manchester United vs Aston Villa

  • Your Estimated Win Probability (Man U): 65%
  • Fair Odds: 1 / 0.65 = 1.54
  • Bookmaker Odds: 1.70 → ✅ Value Bet!

Watch Our YouTube Video (Value Betting Guide)

📺 Click here to watch full explanation on YouTube

Where to Find Value Bets in India?