Finding value when sports betting is not as simple as detecting value in a coin toss. In fact, it’s quite a big difference in the betting market. So how are the true odds calculated in the betting markets to find value bets and how do I use value betting strategies?
In sports, it is difficult to know the real probability of an event occurring. To solve this problem, several bookies have their own models to offer odds that, with very high accuracy, closely reflect the actual probability of an outcome. These bookmakers are often referred to as “sharp bookmakers”, or just “sharps”.
Some sharps are better than others on certain sports, and by carefully evaluating the odds offered by these sharp bookmakers, taking betting bias and market efficiency into account, RebelBetting makes it possible to determine the “true odds”, or what the “real odds” should be, for any given match.
This allows RebelBetting to identify when other bookmakers’ odds are off and where a positive expected value exists – where you can place profitable bets. Placing value bets with RebelBetting can’t be easier.