Tag: Concept

Betting Profits Formula Review – What Is The Value Betting Concept All About?

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Have you heard of Joshua Jacob’s Betting Profits Formula and his theory about value betting? It is about finding bets of outcomes whose probability to happen is higher than the odds offered. This concept works because if you were to bet with level stakes on value bets over and over, you will come out with a profit. With that said, do the modules in Betting Profits Formula work?

1. What You Need To Consider About Value Betting

Firstly, you must correctly determine the range of odds and type of sports that you must look at when finding value bets. For example, you may find many “value” bets with outsiders, but that is because no one bets on them and the bookmakers are adjusting their odds.

There is very little chance for you to make money with betting on outsiders, but you can certainly find value bets on outcomes which are very likely to happen. This is what Betting Profits Formula exploits, and statistics show that it is guaranteed to work when applied over the long term.

2. Avoid Shortened Odds at All Costs

With that said, you should not only focus on the biggest names or teams to find your bets. Even if you find good bets with them, you need to be very careful. If this favorite is an overwhelming favorite, there will be far too many people betting on it to win, thus causing bookmakers to compensate with shorter odds, creating a poor betting situation for yourself.

3. How Does Betting Profits Formula Work?

This package allows you to spot and profit from opportunities of value betting. I would say that it is a very reliable and consistent guide, because instead of relying on luck or a dangerous recovery staking plan to make money, it relies on solid statistics that the author has found. It is no secret that money can be made with disparity in odds, since this is how bookmakers guarantee their profits.

4. What Do You Receive With The Entire Betting Profits Formula Package?

On top of a written guide, you also receive custom designed pieces of software that help with save time when you need to compare odds. Accompanying live video demonstrations are also included to help make the learning process faster.

I firmly believe that this is finally the betting guide written by a true professional punter, and now you can copy his exact moves from the Betting Profits Formula.

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Source by Calvin Henthorn

Categories: Sports Betting

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The Concept of Value in Sports Betting!

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In sports betting you need to make sure that your bets (and trades) are good value in order to make a profit. If you do not do this you will still win bets but profits may be harder to achieve.

Let me explain this last statement. I actually lose more bets than I win – but the prices or odds at which I bet compensate for the losing plays.

If you bet all season long on the NY Yankees (US Baseball) or Arsenal FC (English Premiership) – to win each game – you will probably end up with a fairly good winning strike rate – but it is unlikely that you will make any money. The odds will be ‘short’ and you may do better to try and predict when these teams might falter – and bet against them at the over inflated prices being offered on the opposing teams. These opposing teams will most likely offer the value – as they are not the popular betting choice.

When we flip a coin, we know that the true chance of it turning up heads or tails is 50% or ‘evens’ (1/1).

As an example we set up a ‘coin flipping’ betting event. A neutral party begins to flip the coin. With each subsequent flip there is a definite preference for heads in the betting. The bookmaker or sportsbook takes this in his stride, he has already set the odds at 10/11 (-110 US) for either outcome which takes into account his commission. He knows that this trend is fairly usual as heads is often favored in this type of event. He decides, however, to balance his books a little by reducing his odds on heads to 5/6 and increasing tails to 1/1.

Heads is now an even shorter price and represents no value. Tails now stands at a slightly better price but still only represents the ‘true odds’ or likelihood of winning at 1/1 or 50% and so is not value.

The event continues and still the betting favors heads. Why? Well the ‘average bettor’ does not really understand ‘value’, he does not understand that heads might well be a bad bet or hold no value. He just enjoys betting and since ‘heads’ is winning – he wants to bet on heads.

The bookmaker balances his books again with a dramatic shortening of the odds for heads to 4/9 and a lengthening to 6/4 (+150 US), on tails.

At this point the professional bettor would step in and begin to place bets on tails. He knows that he has got value at 6/4 for an event where the ‘true odds’ of success are 1/1.

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Source by

Categories: Sports Betting

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