Sharp bookmaker (warning when value betting)

2019-03-14T14:39:11+00:00March 14th, 2019|

Value betting on sharp bookmakers First, read about the difference between soft and sharp bookmakers. Value betting on sharp bookmakers is more difficult than using soft bookmakers. If you're a beginner, you might consider betting on soft bookmakers to begin with. The reason is that a sharp bookmaker generally have odds that are closer to

Kelly criterion for stake sizing

2019-03-06T11:10:16+00:00March 6th, 2019|

Kelly criterion for stake sizing We use the Kelly criterion for deciding the optimal stake when betting on value bets. The Kelly criterion calculates the optimal stake for maximum growth of your bankroll, proportional to the perceived value of the bet. However, most sports traders will bet a fraction of the suggested Kelly stake size,

Log your value bets

2019-03-11T16:07:55+00:00March 6th, 2019|

How to log your value bets Benefits of logging your value bets Logging your bets is recommended for all users. (Note that this article is about ValueBetting. If you're interested in logging in RebelBetting, it will be implemented in a later release). Display your betting history, results and profits over time. You will always know

Difference between ROI, yield and profitability

2019-03-06T11:07:22+00:00March 6th, 2019|

Difference between ROI, yield and profitability In sports betting, there are three important metrics to measure your success. ROI Bankroll increase How much your bankroll increased during a specific period. One month, one year or since the start. ROI will typically increase over time, whereas yield will stay roughly the same. Yield doesn't change depending

How does ValueBetting work?

2019-03-11T10:36:40+00:00March 6th, 2019|

How does ValueBetting work? When value betting you will be placing bets that have a larger chance of winning than implied by the bookmakers odds. A value bet is a bet where the probability of a given outcome is greater than the bookmakers' odds reflect. To learn more about the concept of value betting, check