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The easiest way to explain how to find value bets is with the example of a coin toss.

When tossing 📈 a coin there can only be two outcomes; heads or tails. We know that the

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odds, this equals to an odds of 2.00 📈 for either outcome.

This is called the “fair odds”

and represents the true probability of an outcome to occur if the 📈 bookmaker wouldn’t

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A value bet

Now take the above coin toss example and imagine you were offered

📈 odds of 2.10 on heads at one bookmaker. Would you take that bet? Does it have an edge?

Since you 📈 get better odds than the actual probability of the outcome to happen you

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The odds 📈 of 2.10 is higher than what the underlying

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When you place a value bet in sports betting, the expected value

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The true odds

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These accurate odds, together with 📈 betting bias

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