Originally posted on 08/18/2014:

Its like this.

There is some real probability of an event happening, X.
There is the probability implied by the odds on offer, Y.
Bet anything where X > Y.

The better you are at estimating X, the more profitable you will be.

That's literally it. I'm sick of reading this tedious bullsh1t.

"Forget the odds" is literally the stupidest sh1t I have ever or will ever read on a gambling forum.