How Profitable is Value Betting?

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Value betting is the art of finding mispriced odds which are actually in your favour rather than the bookmakers. Sports betting done this way actually sees your bankroll increase over time rather than just seeing losses.
In this video we look at what kind of monthly profit can be made from value betting using a clever software. Please let me know your thoughts on this betting strategy in the comments below. Thanks

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Applying a martingale when losing and doubling down is easily the best way to lose everything. Take caution

cosisthebest

The idea of increasing bet size drastically when you're on a losing (below EV) run because it theoretically will balance out sounds a horrible idea.

joetus

Great video as always Chris. I do think it is dangerous the comment about upping the stake if your losing. That is like chasing your loses which is never a good thing and I am sure way back you told us to never do that ;) . I know you would be smart about it but doing a martingale stratergy could be devestating for some people. Keep up th good work.

hogsquicktricks

Amazing tutorial. Great video as always. You rock, Chris. Thank You so much.

billiondollar

In theory is the main thing here, could this eventually work out as an average similar to the 2up bets do you think or more likely & often wins than that? Id be interested in starting it if it wasnt some crazy chance of roi been lower than what im doing or incurring big losses?

NightmareRestStop

Hey Chris, don't know if you've seen, but SkyBet are going to be offering 2up with the new football season!

rastaraptor

What are you placing bets on? I mean, are you placing bets on obscure matches/games that are likely to raise red flags with bookies?

broadbent

THanks for the video. Excellent quality but dont change your stake when losing :) Not a good idea.
In theory you could apply this concept: the bigger the value the higher stake BUT
thats just an idea. You should always stick to your staking method.

tempLuke

I’m £47 down with only a £500 bankroll how does that even work doing this after initially being £20 up

lewisrichardson

Is value betting the road to go down when I get bored of matched betting? It seems like big returns for very little effort

jordanboyd

i have a question if we back a value bet at the odds of 2 for the sake of the argument with implied value of 7 % what happens in the scenario that the price drifts either rebel bet got it wrong or some new info occurred rebel bet will not put this match again with new odds as value bet pretty much admitting is a mistake wouldn't be wise to cash out this trade in a small loss since value have disappeared please enlighten me if i get something wrong tnx

panagiotismaris