Make Money in Sports Betting with RebelBetting
What is it that bettors look for when placing a wager? For too many, they simply don’t know. What we do know is that random bets are simply that – random bets – and they stand little chance of success.
But, what if you could find real value in a bet? That’s what you look for when you make any purchase, right? You simply want value. It’s the same with sports betting. You want to find the bet that gives you the most value.
Value betting is the easiest way to make money betting on sports and RebelBetting can help you do so.
What is a value bet?
Very simply, a value bet is one in which a bettor has a larger chance of winning than the odds imply. The bettor then has an edge over the sportsbook. The idea is to take advantage of these overpriced odds. The odds are higher than their true probability. Placing a bet in this situation is a value bet.
Value bet example
For an example of a value bet, let’s use the simple coin toss. Each outcome has the exact same probability of occurring – 50 percent. That is your implied probability. Expressed in American odds, it is +100. In decimal terms, it is 2.00 (1/implied probability or 1/0.5).
What if you were offered odds of 2.10 on either side and 2.00 on the other? In American odds, that would be expressed as +110. Here is a situation where the odds are higher than the implied probability of the outcome. Since the true odds are 2.00, you should bet on the side offering 2.10. This is a value bet.
How do we find value bets?
That’s a great question and that’s where Rebel Betting comes in. There are bookmakers in the industry that are very good at determining the true odds of an outcome for a sporting event. These bookies are often referred to as “sharps” or “sharp bettors.”
Sharps have a knack for finding value bets, but these are still human beings that have their biases. RebelBetting evaluates sharp bookmakers odds and then works to take bias out of the equation. Doing so helps to develop the true odds for any given sporting event. This is where Rebel Betting can then identify situations where there is value and allow bettors to take advantage of overpriced odds.
Why RebelBetting?
Poring over data and looking for value bets takes time. It can be tedious work and the typical bettor is already tapped for time. With a job and possibly a family, that doesn’t leave a lot of time to be poring over betting boards, spreadsheets, and sports statistics.
RebelBetting takes the work away from the bettor with its advanced technology that locates value bets. Over 125,000 bettors subscribe to their services already. If you are searching for value bets, stop. Let RebelBetting do it for you. RebelBetting – the easiest way to make money on online sports betting.