Much like arbitrage betting, value betting is a popular betting strategy used by those who have exhausted their matched betting opportunities.
Read on below to find out more about value betting, as well as access useful resources to help you start making money as soon as possible!
What is Value Betting?
You find opportunities where a bookmaker has overpriced their odds, and you place a bet with them. With arbitrage betting, you would normally cover your position by placing an opposing bet with another bookmaker.
As this second bookmaker has accurate odds (but with a profit margin built in), you are actually getting poor value here.
With value betting, you only place a bet on the outcome with the overpriced (good value) odds, knowing that you are getting positive expected value.
In the long run, with enough bets placed, you will overcome the variance in your results and see higher profits than with arbitrage betting.
“Value betting is simpler and has greater long-term profits, but suffers from high variance and exposes you to potential losses.”
Louis - The Arb Academy Founder
Risk Level = Low ~ Moderate
You are not betting on all outcomes. You will win some bets and lose others. Place many bets to beat the variance.
Difficulty = Low
Place just a single bet each time.
Bankroll Required = Moderate
You will need at least $/£/€2,000 to get started with value betting.
Profits = Moderate ~ High
Depending on how many hours you are willing to spend, expect to make 10-20% of your bankroll per month.
Expected Life = Moderate
You can expect to do value betting for around 3-6 months before getting your stakes limited with most bookies.
Get Started With Value Betting - Top Resources
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