Value Bets Icon Value bets

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You can maximize your possible betting profits by using value bets. With these, the mathematical probability of an outcome will be higher than the implied odds. Also, the expected return is statistically positive. You can quickly find value bets on Oddspedia as the site lists all value bets for today. Oddspedia also indicates the percentage by which the odds have been overvalued.

Moneyline

Ser/Sorocaba Women - Sao Carlos Women

Probability 2.56%

Away
66.67% Overvalue Bet now

Moneyline

Ser/Sorocaba Women - Sao Carlos Women

Probability 2.4%

Draw
56% Overvalue Bet now

Moneyline

Shakur Stevenson - Artem Harutyunyan

Probability 3.42%

Draw
53.85% Overvalue Bet now
Home
53.37% Overvalue Bet now
Away
51.11% Overvalue Bet now

Home/Away

New Zealand - Papua New Guinea

Probability 6.8%

Away
49.57% Overvalue Bet now

Home/Away

Gastao Elias - Lorenzo Carboni

Probability 25.7%

Away
46.51% Overvalue Bet now

Moneyline

Malmo - Halmstad

Probability 6.93%

Away
45.49% Overvalue Bet now

Home/Away

Nebraska Cornhuskers - UTEP Miners

Probability 6.25%

Away
43.75% Overvalue Bet now

Moneyline

Lewis Crocker - Conah Walker

Probability 4.62%

Draw
43.08% Overvalue Bet now

Moneyline

Las Vegas Knights - FC Arizona

Probability 8.88%

Draw
42.06% Overvalue Bet now
Away
41.59% Overvalue Bet now
40.54% Overvalue Bet now

Home/Away

Muhammadjon Naimov - Melsik Baghdasaryan

Probability 49.55%

Away
38.74% Overvalue Bet now

Moneyline

Las Vegas Knights - FC Arizona

Probability 5.75%

Home
37.9% Overvalue Bet now

Home/Away

Teofimo Lopez - Steve Claggett

Probability 15.44%

Away
37.41% Overvalue Bet now
Away
37.29% Overvalue Bet now
Away
36.64% Overvalue Bet now

Moneyline

Johnny Fisher - Alen Babic

Probability 4.12%

Draw
36.08% Overvalue Bet now
Draw
33.88% Overvalue Bet now

Moneyline

Shannon Ryan - Emma Dolan

Probability 4.43%

Draw
32.91% Overvalue Bet now

Moneyline

Teofimo Lopez - Steve Claggett

Probability 3.69%

Draw
32.72% Overvalue Bet now
Away
32.29% Overvalue Bet now

Moneyline

Robeisy Ramirez - Brandon Leon Benitez

Probability 3.57%

Draw
32.14% Overvalue Bet now

Home/Away

Shakur Stevenson - Artem Harutyunyan

Probability 8.67%

Away
31.79% Overvalue Bet now

Home/Away

Arizona Wildcats - New Mexico Lobos

Probability 6.25%

Away
31.25% Overvalue Bet now
Draw
30.22% Overvalue Bet now

Moneyline

Sol De America Formosa - Boca Unidos

Probability 9.27%

Away
29.8% Overvalue Bet now
Away
29.1% Overvalue Bet now

Moneyline

Sunny Edwards - Adrian Curiel

Probability 4.76%

Draw
28.57% Overvalue Bet now

Moneyline

O'Shaquie Foster - Robson Conceicao

Probability 4.76%

Draw
28.57% Overvalue Bet now

Moneyline

CDA Monte Maiz - Estudiantes San Luis

Probability 11.96%

Away
28.54% Overvalue Bet now

Home/Away

Lamont Roach - Feargal McCrory

Probability 12.29%

Away
27.76% Overvalue Bet now
Home
27.47% Overvalue Bet now

Both Teams to Score

Hershey Bears - Coachella Valley Firebirds

Probability 15.84%

No
26.71% Overvalue Bet now

Moneyline

William Zepeda - Giovanni Cabrera

Probability 3.6%

Draw
25.9% Overvalue Bet now

Home/Away

UTSA Roadrunners - Kennesaw State Owls

Probability 9.68%

Away
25.85% Overvalue Bet now
25.81% Overvalue Bet now
Away
25.53% Overvalue Bet now
25.44% Overvalue Bet now
Draw
25.43% Overvalue Bet now

Home/Away

Tatjana Maria - Irina Maria Bara

Probability 16.81%

Away
25.21% Overvalue Bet now

Moneyline

CA Penarol - Club The Strongest

Probability 17.76%

Draw
25.04% Overvalue Bet now

Moneyline

Andy Cruz - Antonio Moran

Probability 3.36%

Draw
24.16% Overvalue Bet now
Home
23.91% Overvalue Bet now
Away
23.84% Overvalue Bet now

Home/Away

Nevada Wolf Pack - SMU Mustangs

Probability 9.5%

Home
23.46% Overvalue Bet now

Moneyline

Lamont Roach - Feargal McCrory

Probability 3.5%

Draw
22.38% Overvalue Bet now

Moneyline

Tobacco Road - Charlotte Eagles

Probability 18.82%

Draw
22.35% Overvalue Bet now
22.31% Overvalue Bet now

What are Value bets

Value bets arise when the implied odds don't match the actual probability of an outcome. They can give you an edge over the sportsbook as you will have higher chances of winning than the listed odds.

You can take the example of a coin toss. Since heads and tails have equal odds of 2.00, you will get a value bet if a betting site offers betting odds of 2.10.

Positive and negative expected values

The expected value measures what you can expect to win or lose if you place bets on the same odds multiple times. Positive expected value bets will give you profits in the long run, while negative expected value bets imply a net loss over time. Checking the expected value is a simple way for bettors to identify more value bets.

What is the correlation between probability and odds?

Online bookmakers set odds based on the probability of an outcome which can be presented in different formats, including percentages and decimal odds. If the probability is higher than the implied odds of the bookmaker, you will have an edge over the sportsbook. It is important to avoid markets that have a negative expected value as these will likely result in losses in the long term.

How to calculate a value bet

To calculate a value bet, you should start by calculating the implied probability of a certain outcome. For example, with a coin toss, the true probability of the outcomes is 2.00 for heads and 2.00 for tails. If a sportsbook offers odds of more than 2.00, then you can calculate the value of the bet with the following formula:

  • (Potential Profit X Probability ) - (Potential Loss X Probability)

If a bookmaker offers odds of 2.20, your potential profit on a $10 wager will be $12. The same wager has a potential loss of $10. Since each outcome in the coin toss has a probability of 0.5, you can calculate the value as follows:

  • (12X0.5)-(10X0.5)= 1

You can get the overvaluation percentage by dividing the initial wager by the expected value. In this case, you will divide 10 by 1, giving an overvaluation percentage of 10%. This implies that the average ROI for every $10 wagered is $1.

Find the Best Value Bets Today

A simple way to find the best value bets is to use the tools on Oddspedia. The website lists all value bets of the day, as well as the overvalue percentage. You can click the button labeled 'Bet Now' under the value bets, and Oddspedia will automatically redirect you to the betting site.

Value Bets Tips - How to identify good betting opportunities

Finding value bets is one of the most important skills of expert online sports bettors. You should only place bets when you identify a positive expected value as this increases your chances of making money in the long run.

It is advisable to specialize in a handful of sports and leagues, especially if you haven't been applying the value betting strategy for a long time. This allows you to develop a sense of value as you will be able to gauge the probability of certain events happening.

You should also learn how to set your own odds, after which you can make comparisons with the average odds on multiple bookmakers. This is a skill you have to develop over time. It is important to note that you will be playing the role of the bookmaker in this case, and you should not feel comfortable placing bets with those odds.

In sports betting, information is power, so you should watch out for any news that may affect the probability of certain events. You can follow sports news on Oddspedia and use the details to create your own odds for the matches.

Another tip you should remember is to place bets before the lines start moving.

How to Use the Oddspedia Value Bet Finder to Increase your Profits

To increase your profits from sports betting, you can use the value bets finder on Oddspedia. It uses an algorithm that calculates the actual probability, and it then lists sportsbooks that offer great prices in comparison to the probability. You can sort the value bets by the starting time or based on the time they were added to Oddspedia.

To make sure you get the value bets before the lines move, you should turn on the auto-refresh feature of the website. This can refresh the page every 15 seconds, 30 seconds, 60 seconds, or 120 seconds.

Once you identify a great value betting opportunity, you can click the 'Bet Now' button and get redirected to the sportsbook. If there are many value bets for the day, you should filter the results by the sport, betting market, overvalue percentage, and odds range.

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