Value Bet Betting Strategy: Take Your Bets To Outer Space!
Commander Luke Barnett
Last Updated on:
Communications Officer of PlayersBest.com CA
Communications Officer of PlayersBest.com CA
Betting and gambling have always drawn my interest, becoming one of the main niche focuses of my career. I had always wanted to write about subjects that interested me, but over time, I found the constant repetition of the same content dulled my enthusiasm. It was at that point that I started wondering if a new approach could be taken, a thought that would prove to be the first step on the road to PlayersBest.com CA.
How do value bets work?
Welcome to our guide to using a value betting strategy. Here we will tell you what a value bet is, and reveal how you can find value bets. But we won’t stop there. This is because we can show you where you’ll find value bets for all top sports. Value bets are found anywhere from the NHL to the NBA. Plus, we’ll show you how to use this strategy for anything from soccer to tennis.
You might think that you can get away without knowing what value bets are. But we’ll reveal how a value betting strategy is essential for successful bets. After all, there’s no harm from being strategic with how you bet on sport. Don’t fall into the habit of just betting on your favourite team. It’s also a good idea to avoid betting on the same moneyline markets. We’re here to show you why value bets are critical for your betting success.
A value bet refers to a bookmaker making a mistake with their odds. It could be intentional or by accident. But it means that there’s a discrepancy between the odds and the probability of the event actually happening. All bets are based on predictions. So, a value bet means that the bookmaker has made an error with their predictions. As a result, it can take skill to identify when a value bet has occurred. We’ll give you a great value bet betting strategy to help you out.
Successful value betting means knowing more than a bookmaker. This is because you have to identify what actually counts at being a value bet. For example, a bookmaker might have Toronto Raptors at odds of 10.00 to win their next NBA match. But you’ll think that odds of 2.00 are closer to the mark. This will allow you to swoop in to take advantage of the bookmaker’s odds. By doing so, you’d have a greater chance of winning your bets. As a result, you’d make some decent wins in the process.
Where can you find value bets?
Value bets can happen anywhere that a bet takes place. You could find a value bet for the winner of the next Stanley Cup. Or, you could see a value bet for the MVP in the next NFL season. Any sport that has odds can be used for a value betting strategy. The same applies to different betting markets. You could find a value bet for a moneyline MLB bet, or a spread bet in English Premier League soccer.
It’s also worth that value bets can pop up in many casino games. You’ll find that a value bet is a common term for poker gaming. It’s also possible to use a value betting strategy for many more live dealer games like blackjack and baccarat. However, you won’t find value bets in casino games that use a random number generator. This is because there’s no human interaction to produce the errors that cause value bets to pop up.
What does a value bet look like for hockey?
Hockey is perhaps the biggest sport in Canada. This means that bookmakers will be unlikely to accidentally serve up any value bets. However, we have still seen plenty of value bets that slip through the net. You might see a value bet that gives a low ranked team like Montreal Canadiens an unreasonably strong chance of winning their next game. Or, you could see a strong team like Edmonton Oilers given strangely low odds for getting a win.
These would all be value bets and they’d give you a great reason to swoop in and put your bets down. But it’s worth noting that a value betting strategy doesn’t just apply to moneyline bets. You could also find value bets in the first goalscorer market. Or there’s even value bets on betting in which period a goal will be scored. There’s no end of ways to find value bets when betting on hockey, so be sure to take advantage when the bookmaker has got their odds wrong.
Value bets for other top Canadian sports
You can use a decent value bet strategy for all of the nation’s sports. Raptors fans will be hoping to spot a value bet in moneyline bets for their team, or perhaps you might find a value bet on the NBA Finals outright winner. There’s also the possibility of finding value bets on the player to get the most points in a game. You’ll also get to enjoy hunting for value bets in all baseball betting markets.
Football fans will have a great time searching for value bets. A value bet could be when a top team like Kansas City Chiefs gets long odds to win their next game. Likewise, it could be a quality quarterback like Lamar Jackson getting distant odds for throwing a certain amount of touchdowns. The main thing is to spot when a bookmaker has got its football odds wrong. It doesn’t matter whether it’s in the NFL or the CFL. Just spot that value bet and use it to your advantage.
There’s an entire world of value bets waiting to be pounced upon. All serious soccer fans will be able to spot value bets. Noticed very long odds for Manchester City to win the Premier League? That’s probably a value bet. Maybe you’ve seen odds that give Harry Kane no chance of being top goalscorer? Again, it could be a value bet. The key is to make better predictions than the bookmaker. If the odds look weird, it might just be a value bet.
You could get value bets for all sports. They could appear if Ashleigh Barty has long odds to win the US Open, or there could be value bets for Justin Thomas to win the PGA Championship. You could even find a value bet in anything from the Rugby World Cup to the Cricket World Cup. There’s simply an endless possibility for finding value bets. It’s your job to track them down and catch the bookmakers out.
When to be careful of a value betting strategy
It’s easy to get carried away when you’re looking for value bets. Just because a bookmaker’s odds might look strange, doesn’t mean it’s automatically a value bet. After all, a bookmaker might know something you don’t. You might see a strong hockey team with very long odds to win the Stanley Cup, but this doesn’t necessarily make for a value bet. It could be that the NHL team is having trouble behind the scenes. There could even be an injury doubt over one of the star players that is yet to be announced.
You should also know that bookmakers are known for suddenly changing their odds at the last minute. This means that you’ll need to be quick to take advantage of any value bets that you see. Failing to do so could cause you to miss out on a great betting opportunity. But it’s important to note that bookmakers do make mistakes with their odds every now and then. So be sure to seize a good value bet before it slips through your fingers.
Are there value bets in live betting?
In-play betting is one of the best places to find value bets. This is because the odds are constantly changing in accordance with the live-action. As a result, there might be a discrepancy between what’s going on in the game and the live odds. This would mean that you could sneak in and take advantage of the value bet. You’ll need to be fast to do this as bookmakers are quick at updating their live odds.
For example, the Toronto Maple Leafs could have just scored an early goal in an NHL game. Their live odds had failed to change to reflect the new score. This means that it would be a value bet. So you could leap in and put down a bet on the Maple Leafs to win. You’ll hopefully do this right before the live odds change. Just another reason why live betting is so popular with sports fans.
Can you use value bets with bonuses?
Yes, there’s nothing stopping you from using bonus funds on value bets. This means that you could make even bigger wins from a bookmaker’s mistake. However, it’s worth checking through the small print of the bonus first. This is because you can usually only use your bonus on certain kinds of sports bets. There might also be restrictions over what kinds of odds you get to use your extra betting funds on.
Despite this, using a bonus on a value bet can be a great way to make some significant wins. You’ll need a lot of luck to find a value bet when using a bonus. But if you manage to do this, then you could be in line for a massive win. So keep your eye out for a good value bet.
Finding value bets for your intergalactic journey
By now you should realise that a value betting strategy is essential as oxygen for your betting adventure. You’ll see that you can get value bets for any sport. Plus value bets can be found lurking in any betting market. So don’t be afraid to go exploring on strange new worlds to see if you can find a value bet!
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