ValuebettingValuebetting

Text: Mircea Panait The notion of “value bet” represents a very important aspect for both the transactions on the stock market and for sports betting. A brief explication of what does “value bet” represent is: to place a bet to a better quota in regards to the “real” odds in order to obtain the respective estimated result. The mathematical calculation formula for the “value bet” is: Value = Quota x Probability /100 > 1. The quota...