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Hello! As a site administrator, I summarize and comment on users' articles. The topic of this article is online sports 😗 betting: tips and advice for choosing the best sportsbook.

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The article also provides a list of the best sportsbooks that pay quickly: Novibet, RoyalistPlay, Brazino777, 😗 88Sport, and Bet365.

In conclusion, online sports betting can be an exciting and fun way to bet on sports, but it's 😗 essential to choose the right sportsbook. This article aims to provide readers with tips and advice to help them make 😗 a well-informed decision.

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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

probability of the coin toss 🧾 to land on either heads or tails are 50% each. In decimal

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

add their profit margin, or “vig”. To calculate the likelihood of this happening in

decimal odds we use 🧾 this formula: Odds = 1/probability in decimals. In this example,

the odds would be: 1/0.5= 2.00 which is the accurate 🧾 odds of this specific outcome to

happen.

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

should, of course, take the bet.

The odds 🧾 of 2.10 is higher than what the underlying

probability suggests, creating an edge – a value bet. The bigger the 🧾 difference, the

more profitable the value bet will be and the more advantage and profits you can expect

against the 🧾 bookies.

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

is shown as a percentage number. How is 🧾 this expected value calculated and how do you

find value betting situations? Well, bookies don’t have a perfectly balanced betting

🧾 market. Very often, betting odds that a bookmaker offer

The true odds

You might ask

yourself how we know what the real 🧾 probability, or the true odds, should be? Our value

bets finder compare millions of odds, market moves and other bookmaker 🧾 data against so

called sharp bookmakers. A sharp bookmaker has deep knowledge about the sports betting

market and has the 🧾 “real odds” which lies very close to actual true probability

(likelihood) of an outcome to occur.

These accurate odds, together with 🧾 betting bias

(which is weighted into the bookmaker profit margin) and market efficiency are used in

the value betting software 🧾 to finding odds with value in sports events. This together

with the built in Kelly Criterion staking strategy, that for 🧾 each value bet calculate

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