Value in Betting: Making Sound and Wise Betting Decisions

The concept of value is sometimes misunderstood or not given importance when it comes to new sports bettors. That treatment to value in betting is understandable since even the veteran bettors are having a hard time and trouble with that notion. When you place a bet on a team, it always offers a good value, but of course, that act of you or the bettor does not always affirm that you believe that the team where you wager your money will win, especially when you bet on an underdog team on the money line.

You will have a good wager if the team is +200 with the thought of a 40 % chance of winning, even the statistics gives the players more chance of losing than winning. In this example, if the team wins four games out of 10, this means a +200 and you have the tendency to lose $100 six out of 10 games but win as high as $200 the other times. This only shows that you will have an overall profit of $200, which is a big amount.

Players who bet on horse races of course are familiar with this concept and this concept is often called as an overlay among the horse racing bettors community. The moneymaking situation will come when 3-to-1 shot goes off at odds of 5-to-1. Also, this premise works with sports handicapping when one is betting on the money line. The team should not always be an underdog. For example, if the baseball team has its best pitcher to throw against a poor pitcher from a weak team, players can see it at -300. But if you are handicapping, you will have a wager that is decent and you may win $100 four out of five times and a lose of $300 the other time, and if this is the case, you will have a profit of $100, which is not a small amount.

Breaking gambling can be found at GrizzlyGambling, a Canadian site

These value in betting seems to be a downfall at first because of losing but the longer you bet, the higher value you will receive and the higher opportunities you can have in winning larger amounts. When you look for a betting point, it is not always cut and dry because each team has the equal opportunities in winning. When you overheard bettors of sports talk about finding value, it is only a matter of betting into the line that will either give them high points and low points. The key in order for you to have a long term success in value in betting is to find good value with your fine and sound judgment.