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Number of slips in Betmagnet: | |
Today (2024-10-31): | 13 |
Yesterday (2024-10-30): | 105 |
This month (2024-10): | 2 340 |
Last month (2024-09): | 2 277 |
Total: | 1 262 599 |
Yes. Just visit your general Settings and set any of the following options as you like: number of decimal places for odds/money amounts/percentage values, decimal point/comma, thousands separator.
1 AUD | = | 0.619 EUR |
1 BAM | = | 0.513 EUR |
1 BGN | = | 0.511 EUR |
1 BRL | = | 0.163 EUR |
1 BTC | = | 62 281.893 EUR |
1 CAD | = | 0.670 EUR |
1 CNY | = | 0.130 EUR |
1 CZK | = | 0.040 EUR |
1 DKK | = | 0.134 EUR |
1 GBP | = | 1.202 EUR |
1 HKD | = | 0.119 EUR |
1 HRK | = | 0.134 EUR |
1 HUF | = | 0.002 EUR |
1 CHF | = | 1.067 EUR |
1 ILS | = | 0.248 EUR |
1 INR | = | 0.011 EUR |
1 JPY | = | 0.006 EUR |
1 KRW | = | 0.001 EUR |
1 MXN | = | 0.046 EUR |
1 MYR | = | 0.214 EUR |
1 NOK | = | 0.084 EUR |
1 NZD | = | 0.560 EUR |
1 PHP | = | 0.016 EUR |
1 PLN | = | 0.232 EUR |
1 RON | = | 0.201 EUR |
1 RUB | = | 0.009 EUR |
1 SEK | = | 0.088 EUR |
1 SGD | = | 0.703 EUR |
1 THB | = | 0.028 EUR |
1 TRY | = | 0.027 EUR |
1 USD | = | 0.924 EUR |
1 ZAR | = | 0.052 EUR |
So what is value betting? Let us have a look at it first.
If you have been in the betting industry for some time now, you definitely should have heard about the term arbitrage betting. In arbitrage betting, the bettor places a number of bets in order to maximize his odds of winning. However, value betting is the opposite of it.
In value betting, you place a bet only when there is a gap between your calculated odds and the odds given to you by the bookmaker. In value betting, you actually take maximum advantage of the overpriced odds. You have to look for the situations where the bookmakers are providing you odds that are higher than the real ones. In other words, you take advantage of the situation where the odds of an event happening is actually higher than the one given by the bookie. Placing a bet on such an event will make sure that you earn more profits in the long run. The sportsinsights article describes quite well why value betting is important.
Let’s just take an example of a coin toss. We know that the odds of getting heads are even. But what if the bookmaker told you that the odds of heads were 2:1, you would be in great profit. If you play 20 games with $1 bet each, you would have won $20 and lost $10 in case if the heads came up $20 times. Isn’t that a great deal?
Volatility is the word that we use with value betting. As value betting is riskier than the arbitrage betting, it is worth mentioning here that in value betting the outcome is uncertain. So you cannot be sure of your win but if you win, you will have a comparatively greater profit margin. The bettor is usually shielded against the bad outcome in arbitrage betting but this is not the case with value betting so the volatility is increased.
You can be lucky at some times and make more profits with value betting but you can be unlucky at other times as you are chasing the mispriced odds. But value bets definitely provide you benefits in the long run making it worthwhile. If you are interested in knowing more about the sports betting, you can visit https://efirbet.com/en/ for detailed reviews of the bookmakers and news regarding sports betting.
Fundamental betting is the old traditional way of calculating your own odds and then placing a value bet when you think that bookie is on the wrong page. Whereas the technical betting is the new and trending one in 2019 that focuses on placing the value bets considering what the market thinks about the odds and comparing it with the bookies.
All time | Total slips | ROI | |
---|---|---|---|
1. | SirRainmaker | 19 | +100.29% |
2. | Scriber739 | 157 | +46.29% |
3. | Hody17 | 224 | +33.67% |
This year (2024) | Total slips | ROI |
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Last year (2023) | Total slips | ROI |
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This month (2024-10) | Total slips | ROI |
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Last month (2024-10) | Total slips | ROI |
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#1356801 N [C]
kevinbellop 5/12 16:37 Single | Bet365 odds: 1.380 100.00 USD open |
Arsenal +0.5, Holding +0.5, Wolves +0.5
| |
#1245266 [C]
guest 13/4 15:59 Single | Test_MgBrg odds: 17.000 100.00 EUR open |
Derek & Joan Bell vrs Dr Gilmore
| |
#1208403 [C]
foxysfolkfaced 12/10 07:44 Single | 22bet odds: 1.610 300.00 NZD lost |
Real Esteli (Women) - Uam (Women) 4 Quarter
| |
#1208402 [C]
foxysfolkfaced 12/10 07:43 Single | 22bet odds: 1.640 300.00 NZD won |
Manquehue U23 - Universidade Catolica U23 4 Quarter
| |
#1208401 [C]
foxysfolkfaced 12/10 07:42 Single | 22bet odds: 1.580 300.00 NZD lost |
Atletico Nacional Panama - Caballos de Cocle 4 Quarter |