Lessons

  • Tracking Your Profit

  • Terminology

    Key terms used in the Tracker

  • Dashboard

    An introduction to the Tracker dashboard

  • Entries, Bets & Balances

    How to view your entries, bets and balances

  • Viewing an Entry

    Interpreting the fields comprising a Tracker entry

  • Examples

  • Qualifying Bets

    How to record qualifying bets

  • Value Bets

    How to record value bets

  • Arbitrage Betting

    How to record arbitrage bets

  • Scratchpad

  • Sidebar

    Using the Scratchpad sidebar

  • Sustainability

  • Bookmakers Cheat

    This isn't a fair game!

  • Simple Sustainability

    Easy ways to protect your accounts

  • Blending In

    Placing mug bets

  • Extended Sustainability

    Long-term strategies to protect your accounts

  • Monitoring your Sustainability

    Using Tracker to watch your sustainability

  • Next

  • Profiting from Racing

    Making serious profits from horse racing

Value Bets

How to record value bets

Value bets are bets that have a positive expected value, meaning the odds offered are better than the true probability of the outcome occurring.

Note: These are illustrative examples for you to refer to later during your matched betting journey. We haven't yet covered value betting in detail.

Example

Let's say you find a football match where the bookmaker is offering odds of 3.0 for Team A to win. You know this bet has an expected value of 12%. You decide to stake $50 on this value bet.

  • Stake: $50
  • Expected Value: 12%

Legs

  • Team A at odds of 3.0