What is Betting? Betting is risking a certain amount of money in the belief that something will have this or that result. I.e a bet must carry a risk since and since there is nothing 10% safe, but if you know how to calculate these strategies ( value bet and sure bets) it can be an extra for your pocket.

So what is a Value Bet?

Value bet is in the word (a bet that has value) , or to put it in a simple way, a very well paid bet.In a value bet, the value that has been assigned to the odds is higher than the actual probability that it has to occur. In general, value bet will occur due to erroneous estimates of the odds calculated by betting bookies.

Imagine a match in world cup Spain against Brazil and that the odds are 50% - 50%.

Spain odd: 1.5

Brazil odd: 1.5

If we found a bookmaker that offered a odd of more than 1.5 for any of the two results, we would have a value bet .

How to calculate a value bet?

When a bookmaker offers a fee, it carries implicitly the probability that this event occurs. To know what probability the betting house has given to a certain event, we make the following calculation:

Probability = 1 / odd * 100

Returning to the match between Spain and Brazil, let's imagine that the odds are the following:

Spain Fee: 1.7

Brazil Fee: 1.85

Given these odds we can know that the probability given by the betting bookies that Spain wins is 1 / 1.7 * 100 = 58.82% and that Brazil wins is 54.05%.

You as an expert on the subject and want to bet on one of the two teams, do your statistical analysis . After seeing the statistics of the teams, the trend, the injured players, the accumulated fatigue ... you come to the conclusion that there is an 80% chance of Spain winning the match. According to the probability that you have calculated all factors considered. As the odds of the betting bookies are higher , you are facing a value bet : you must bet.

What is a Sure Bet?

Sure bet, safe bet, bet with arbitrage or subs, call it what you want because everything means the same.

As you know, there are usually small variations between the odds offered by the different betting bookies. Bearing this in mind, a safe bet is to take advantage of the different estimates of betting bookies so that by betting on all the possibilities of an event we can obtain a secure profit . The safe bets are aimed at eliminating the uncertainty in bets.

The idea is to cover all the possible outcomes of a bet, trying to make the profit obtained from the winning bet higher than the total risky amount . The concept is very logical: If you bet that someone wins, draws and loses in the same event, you know that one of the three results will occur.

To carry out a sure bet strategy, you must go to two or more bookmakers. Once you have done all your calculations, you should look at the highest odds of each bookmaker by covering all the possible results.

With safe bets, in general, we always have the peace of mind that whatever happens, we will win something .

How to find a safe bet?

They say that the one who seeks, finds, and is true.

Finding the necessary odds to be able to make a safe bet is not easy, but it is feasible .

To begin with, forget the idea of betting only on one type of event. Even if you're a soccer fan or you're passionate about tennis, you're not interested in closing doors. You must analyze all kinds of events to increase the chances of finding what you are looking for.

You should also know that the profits you will obtain with this strategy will oscillate between 0.5 and 4% of the total amount of risk. I know that you will not get rich overnight, but if you control how to do it, you will have a fixed source of benefits.

Safe Betting Calculator

There are a variety of tools that you can find on the web that boast of giving you the perfect result. Do not believe it.

Both the odds comparison and the betting calculators can be beneficial and important support when it comes to making your calculations, but not the goose that lays the golden eggs. As we already told you, there is nothing 100% safe.

It is good that you have as much information as possible, but there are certain factors that neither you nor these tools can control :

The sports bookies have different rules . If, for example, there is a bookmaker who has issued a odd by mistake, it may be that even if you bet that bet is invalidated.
Limits : In general, the betting bookies put limits on the amount of money to bet, therefore, even if you think you have the key, the winnings will be capped.
The probabilities are variable and therefore, in certain events the odds fluctuate constantly . It is important to have the information as updated as possible.

If you want to make a safe bet, do not forget to analyze all the factors well before risking your money.

Soccer / safe bets

The Concept Behind Value and Safe Bets

The Concept Behind Value and Safe Bets

The Concept Behind Value and Safe Bets