English An overvalued bet (valuy, value bet) is a betting strategy involving events undervalued by the bookmaker. And since the bookmaker has underestimated them, it gives odds higher than the probability. By betting on overvalued odds, the bettor gains a long-term advantage over the bookmaker, even taking losses into account.
How can you find overvalued odds?
- By yourself. This is particularly true for bettors who know well what they are betting on, can keep their cool and know their favourite team almost better than the coach. By carefully analysing the lines and odds offered by the bookmaker, such a professional can find overvalued odds. After all, bookmaker analysts sometimes make mistakes and are trapped in stereotypes.
- With the help of services that scan bets with a margin. Their advantage is that they process data from a large number of bookmakers. First, the average odds are derived from the arithmetic mean of all proposed odds, and this value is compared with each bookmaker's odds. The value higher than the average is the desired overvalued bet.
- Look carefully at the surebet. One of its legs is exactly the return rate. It is the presence of such overvaluation that causes the surebet.