Submitted by rsteel on
Last week we talked about quantity vs. quality. The word value is kicked around often when discussing sports betting but what really does it mean.
Value as it relates to sports betting means betting the right team at the right price. You cannot win at sports betting long term with one without the other. The biggest concept that sports bettors have the most difficulty wrapping their heads around is that we are NOT trying to pick a winner of an individual sports betting event. NO ONE can. I repeat unless you have a crystal ball or access on a regular basis to tomorrow’s newspaper NO ONE can!
Sports handicapping and finding value is looking at a line analyzing a game and determining if this game was played 100 times with all the current parameters would your team win enough times to make you money over those 100 games.
I will give you 2 examples. The team you like is favored at -1.40. Therefore can your team win 58 times over 100 of these situations in order for you to make money on this game?
Second example the team you like is +1.25. Therefore can your team win 45 times over 100 of these situations in order for you to make money on this game?
I repeat no one can pick winners of individual games. It is all about finding value and weaknesses in the line. A line can put you on a game or take you off a game.
If you are able to follow the above examples and use it for all games you handicap along with proper money management you are ahead of 99% of the people that participate in sports betting.