- Joined
- Mar 24, 2008
- Posts
- 31,428
- Likes
- 20,228
- Location
- Melbourne
- AFL Club
- Collingwood
- Other Teams
- LAK, NUFC, SAS, SFGiants, 49ers,
Thread starter
#26
I heard a very interesting statement once when discussing some juicy odds on a particular sporting contest "good value, a bet is only good value if it wins". This was from the head guy a Centrebet.
Im taking the Tottenham rebound and the Arsenal / Chelsea / Liverpool multi.
Im taking the Tottenham rebound and the Arsenal / Chelsea / Liverpool multi.
Let's analyze tomorrow's EPL game's, in fact, let's analyze what would happen to a value better vs a favourites better over an entire season.
The draw tomorrow is 3.40, while Chelsea, Liverpool and to a lesser extent Arsenal are well under 1.50.
To win 3.40 on these bets, you would have to get Chelsea, Liverpool and Arsenal all to win, which while likely, on most occasions just doesnt happen.
On the other hand, If the "value punter" lands the draw, then they have in one bet, achieved what it took in 3 bets and most likely 4-5 bets the favourites punter to achieve.
I prefer betting on value bets and multis, as the returns are higher, and long term I actually don't need as many bets to be successful to make a profit, which over the past 12 months I have been doing with sports betting.
Use your own approach though, gambling is quite simply about using your own approach, not someone elses, as you are ultimately trying to make your gambling both successful and entertaining, and let's face it, long term losses are not going to be entertaining.
Sorry for the bit of a rant, but it will happen from time to time.
Now I'm off to create a few EPL/Europa Cup multis for tomorrow morning, 2 of my multis got up today (out of 8) so I am well in front over the past 24 hours (thanks mostly to the Queensland Roar).

