How To Know if a Line Has Value

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  • Jetsfan
    SBR Sharp
    • 07-07-08
    • 276

    #1
    How To Know if a Line Has Value
    Is it possible that odds shorter than 1.6 have value? Do you even remotely consider a line shorter than 1.6?
  • Optional
    Administrator
    • 06-10-10
    • 62230

    #2
    Originally posted by Jetsfan
    Is it possible that odds shorter than 1.6 have value? Do you even remotely consider a line shorter than 1.6?
    Yes, it's possible that odds of $1.60 have value. The same as its possible that $1.10 or $4.25 shots have value.

    Value is about the difference between the odds and the actual probability that bet can win.

    You need to have your own method to calculate the actual probability before you have any idea what is value and what is not.

    Not wanting to risk your money for less than a 60% profit return is just a personal decision and has nothing to do with value.
    .
    Comment
    • tipsadontlikehim
      SBR MVP
      • 11-14-13
      • 2569

      #3
      remember this soccer match between Spain and Tahiti http://www.youtube.com/watch?v=F-S8Ic-O_cs

      marathonbet opened the odds @1.006

      I thought there was a small value, and pounded 5K on it,

      i honestly didn't give a f/ck.
      Comment
      • SarahPalin
        SBR MVP
        • 11-26-13
        • 1489

        #4
        Originally posted by tipsadontlikehim
        remember this soccer match between Spain and Tahiti http://www.youtube.com/watch?v=F-S8Ic-O_cs

        marathonbet opened the odds @1.006

        I thought there was a small value, and pounded 5K on it,

        i honestly didn't give a f/ck.
        i loved watching that game but as said here here straight value at 1.006 and as myself usually all my bets are around 1.6
        Comment
        • tipsadontlikehim
          SBR MVP
          • 11-14-13
          • 2569

          #5
          Originally posted by SarahPalin
          i loved watching that game
          Yeah was pleasant to watch indeed.
          Comment
          • TheCentaur
            SBR Hall of Famer
            • 06-28-11
            • 8108

            #6
            If it is well off the pinnacle line in your favor it probably has value
            Comment
            • ProlificalD
              SBR High Roller
              • 02-07-14
              • 164

              #7
              If you are talking about baseball where there might be only 1-2 games a day where the favourite is 1.6, it is possible to have value. I seldom consider them as they are just harder to find the value with the models I use.
              Comment
              • Sawyer
                SBR Hall of Famer
                • 06-01-09
                • 7792

                #8
                Originally posted by Jetsfan
                Is it possible that odds shorter than 1.6 have value? Do you even remotely consider a line shorter than 1.6?
                Sure, even 1,40 can be a value bet sometimes.

                The only way to decide if a bet is value or not is to compare the line/odd you found with pinnacle line.

                For example,

                Let's say Grasshoppers to win is 1,75 at your bookie.
                It's 1,59 at Pinnacle. Then Grass to win is a value bet.

                That's the UNIVERSAL DEFINITON of value bet.

                PS: Minor leagues with low limits are not reliable for value betting.
                Comment
                • shaunovery
                  SBR Posting Legend
                  • 11-15-07
                  • 18143

                  #9
                  Value is a misused term. Nothing is value if it gets beat
                  Comment
                  • Vaughany
                    SBR Aristocracy
                    • 03-07-10
                    • 45563

                    #10
                    Originally posted by shaunovery
                    Value is a misused term. Nothing is value if it gets beat
                    hmmm no. If I bet on Team A double chance at +20000 and they are drawing 1-1 until 93rd min and then referee gives a dodgy penalty to Team B which they score I would still say that I was on the right side in terms of value and would happily bet it again and again in future even though it lost this time.
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388208

                      #11
                      You cannot compare pinnacle lines anymore verse and other books and call it a sharp line

                      Once pinnacle lost most American players that line became generic just with some low juice factored in

                      As far as European sports pinnacle does not take enough volume to call the sharp line with soccer and tennis
                      Comment
                      • HeeeHAWWWW
                        SBR Hall of Famer
                        • 06-13-08
                        • 5487

                        #12
                        Originally posted by shaunovery
                        Value is a misused term.
                        Yes - as you go on to prove with your next sentence.

                        Nothing is value if it gets beat
                        Value is an estimate of the probability of a future event occuring, thus the "if" makes no sense here.
                        Comment
                        • onemoregoal
                          SBR Hall of Famer
                          • 02-04-13
                          • 8149

                          #13
                          Originally posted by shaunovery
                          Value is a misused term. Nothing is value if it gets beat
                          If you got odds of Algeria to win the WC at +100000000000000000000000000000, thats value - but they wont win it.......u still had value, tho
                          Comment
                          • HeeeHAWWWW
                            SBR Hall of Famer
                            • 06-13-08
                            • 5487

                            #14
                            Originally posted by onemoregoal
                            If you got odds of Algeria to win the WC at +100000000000000000000000000000, thats value - but they wont win it.......u still had value, tho
                            That's probably what people said about Senegal's opening match in world cup 2002, against the reigning champions France.
                            Comment
                            • onemoregoal
                              SBR Hall of Famer
                              • 02-04-13
                              • 8149

                              #15
                              senegal beating france isnt the same as algeria winning the whole world cup.
                              im making a point about value, not having a go at algeria.
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388208

                                #16
                                Lines are rarely off

                                May be in some of the less volume sports it's possible to clip some value
                                Comment
                                • Jcole94
                                  SBR Wise Guy
                                  • 04-06-14
                                  • 624

                                  #17
                                  Originally posted by tipsadontlikehim
                                  remember this soccer match between Spain and Tahiti http://www.youtube.com/watch?v=F-S8Ic-O_cs

                                  marathonbet opened the odds @1.006

                                  I thought there was a small value, and pounded 5K on it,

                                  i honestly didn't give a f/ck.
                                  so you made $30? lol
                                  Comment
                                  • tipsadontlikehim
                                    SBR MVP
                                    • 11-14-13
                                    • 2569

                                    #18
                                    If you got AUSTRALIA to not win the world cup @1.01 it is value
                                    Comment
                                    • Jcole94
                                      SBR Wise Guy
                                      • 04-06-14
                                      • 624

                                      #19
                                      Originally posted by tipsadontlikehim
                                      yes i did
                                      like i said i didn't give a f/ck, 30€ is 30€, you can buy a few things with it
                                      stupid bet imo. sometimes a really weak team can park the bus for 90 minutes and not concede. New Zealand in the 2010 world cup was the only undefeated team. imagine if you bet 5k against them
                                      Comment
                                      • tipsadontlikehim
                                        SBR MVP
                                        • 11-14-13
                                        • 2569

                                        #20
                                        how can you compare New zealand and Tahiti, lol
                                        Comment
                                        • TheCentaur
                                          SBR Hall of Famer
                                          • 06-28-11
                                          • 8108

                                          #21
                                          Originally posted by jjgold
                                          You cannot compare pinnacle lines anymore verse and other books and call it a sharp line

                                          Once pinnacle lost most American players that line became generic just with some low juice factored in

                                          As far as European sports pinnacle does not take enough volume to call the sharp line with soccer and tennis
                                          Pinnacle and Matchbook have the sharpest players (they don't get limited or banned) with the lowest juice, Matchbook basically mirroring Pinnacle's lines

                                          If that isn't a recipe for the sharpest line I don't know what is
                                          Comment
                                          • TheLock
                                            SBR Posting Legend
                                            • 04-06-08
                                            • 14427

                                            #22
                                            Originally posted by shaunovery
                                            Nothing is value if it gets beat

                                            Uhhhhhhhhhhhhhhhhhhhhhhhhhh
                                            Comment
                                            • Antibet
                                              SBR MVP
                                              • 10-30-09
                                              • 1688

                                              #23
                                              Just get at least +101 on a coin flip and do it consistently, that's it
                                              Comment
                                              • Big Bear
                                                SBR Aristocracy
                                                • 11-01-11
                                                • 43253

                                                #24
                                                Value is percieved.

                                                Value is an opinion you form after you have done your research.

                                                good luck on your plays man. Hang on , its a roller coaster.
                                                Comment
                                                • EaglesPhan36
                                                  SBR Aristocracy
                                                  • 12-06-06
                                                  • 71662

                                                  #25
                                                  Value is about the delusion in your mind that makes you take a losing pick because you're a blue light special, bargain shopping, dollar menu eating r-tard. That's the Wikipedia definition.
                                                  Comment
                                                  • MakePwithMe
                                                    SBR Wise Guy
                                                    • 04-06-14
                                                    • 547

                                                    #26
                                                    Well its simple to me when you research you will know if your line holds any value.

                                                    Hard work pays dividends, enough analysing of games automatically entices the human mind to identify if a book is overvaluing or undervaluing a team.
                                                    Comment
                                                    • Burkina2008
                                                      SBR Sharp
                                                      • 04-11-11
                                                      • 362

                                                      #27
                                                      Originally posted by tipsadontlikehim
                                                      If you got AUSTRALIA to not win the world cup @1.01 it is value
                                                      This is value! The could play this world cup billions of times and Australia would never come on top

                                                      Originally posted by Jcole94
                                                      stupid bet imo. sometimes a really weak team can park the bus for 90 minutes and not concede. New Zealand in the 2010 world cup was the only undefeated team. imagine if you bet 5k against them
                                                      Comparing Tahiti to NZ is just stupid. It was the same game as if the Heat would play against your high school team. Even if you could foul as much as you wanted, you would be beat hard. Tahiti are 90% of amateur players, that have as day jobs, mailman, grocery store cashier...etc. They could have put the 10 guys on the goal like and the keeper in front, that Spain would have crushed the shit out of them.
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388208

                                                        #28
                                                        They have sites that show value..no idea how accurate it is though
                                                        Comment
                                                        • Jcole94
                                                          SBR Wise Guy
                                                          • 04-06-14
                                                          • 624

                                                          #29
                                                          Originally posted by Burkina2008
                                                          This is value! The could play this world cup billions of times and Australia would never come on top
                                                          This is the problem with this type of bet. In 2006 no one expected Australia to do any good but they got the the round of 16 and could have easily beaten Italy(the winners) . they lost in the 94th minute due to a controversial decision. if they beat italy they would have made it to the quarter finals...anything can happen. What about in 2002 when South Korea and Turkey were in the semis.

                                                          would it have been idea to stack greece to not win the euro 2004? huh your mentality is flawed
                                                          Comment
                                                          • Jcole94
                                                            SBR Wise Guy
                                                            • 04-06-14
                                                            • 624

                                                            #30
                                                            Originally posted by Burkina2008
                                                            Comparing Tahiti to NZ is just stupid. It was the same game as if the Heat would play against your high school team. Even if you could foul as much as you wanted, you would be beat hard. Tahiti are 90% of amateur players, that have as day jobs, mailman, grocery store cashier...etc. They could have put the 10 guys on the goal like and the keeper in front, that Spain would have crushed the shit out of them.
                                                            haha the old "amateur players" excuse. Iraq is made up of part time players but yet they won the 2007 asian cup. They beat South Korea, Australia and Saudi Arabia. All those were upsets against full time professionals.

                                                            This year Stan Wawrinka won the Australian Open. He had to beat Djokovic and Nadal to win. I just think its a stupid idea to put 5k on a favorite even a heavy favorite. especially for $30
                                                            Comment
                                                            • Burkina2008
                                                              SBR Sharp
                                                              • 04-11-11
                                                              • 362

                                                              #31
                                                              Originally posted by Jcole94
                                                              This is the problem with this type of bet. In 2006 no one expected Australia to do any good but they got the the round of 16 and could have easily beaten Italy(the winners) . they lost in the 94th minute due to a controversial decision. if they beat italy they would have made it to the quarter finals...anything can happen. What about in 2002 when South Korea and Turkey were in the semis.

                                                              would it have been idea to stack greece to not win the euro 2004? huh your mentality is flawed
                                                              Australia to get to the quarter finals would be like 30/1, SK played at home and it was also 44/1 to get to the semis, Turkey I dont remember but I would put it on 100/1 to reach the semis. Totaly different, we are talking here about Tahiti, they dont even have fields in Thaiti men, they were happy just to get on a plane! U really cant understand crap about football. Just tell me the last time a 1-1000 won a bet and I give you right

                                                              Greece? Dude have u seen how many teams have won the euro? Denmark won the Euro too, Euro is just unpredicable because most teams in Europe can beat each other on any given day. Comparing Greece to win the Euro against Australia to win the WC is another idiotic comparison. As is for Iraq, a country that has a professional league and tradition in football before the Wars and has a few dozens of millions of inhabitants winning a regional cup, to Tahiti, who has one professional player, a laughable football league and a few thousand guys living on the Island, beating the World and European champions.

                                                              Would I have made that bet? No. Was he ever going to lose it? penetrate no, not even if Spain played with its 5 men futsal team...and if you cant understand that, u dont know a thing about football
                                                              Comment
                                                              • Deken00
                                                                SBR Rookie
                                                                • 07-18-10
                                                                • 38

                                                                #32
                                                                Does anyone employ strategies of looking for divergence from a "sharp" book? I have noticed one could arbitrage on occasion but have felt with limits and the difficulty of transacting that it has not been worth it
                                                                Comment
                                                                • tipsadontlikehim
                                                                  SBR MVP
                                                                  • 11-14-13
                                                                  • 2569

                                                                  #33
                                                                  Originally posted by Jcole94
                                                                  haha the old "amateur players" excuse. Iraq is made up of part time players but yet they won the 2007 asian cup. They beat South Korea, Australia and Saudi Arabia. All those were upsets against full time professionals.

                                                                  This year Stan Wawrinka won the Australian Open. He had to beat Djokovic and Nadal to win. I just think its a stupid idea to put 5k on a favorite even a heavy favorite. especially for $30
                                                                  i can't believe you are comparing Spain-Tahiti with Wawrinka winning the AO.

                                                                  I'd better compare with this match: http://www.tennisexplorer.com/mutual/murray/zayed/
                                                                  I watched the match, Andy Murray tried hard to lose one game but he didn't manage to, the other guy was too bad.
                                                                  Comment
                                                                  • tipsadontlikehim
                                                                    SBR MVP
                                                                    • 11-14-13
                                                                    • 2569

                                                                    #34
                                                                    when i say Spain to beat Tahiti @1.006 was value, i am being of course a bit provocative, but seriously to me this is the kind of game where bookmakers should not open any odds on Spain to win the match.

                                                                    And i know many bookies actually didn't open odds, Marathon did.
                                                                    Comment
                                                                    • tipsadontlikehim
                                                                      SBR MVP
                                                                      • 11-14-13
                                                                      • 2569

                                                                      #35
                                                                      And actually my example about Australia was just random to say very low odds can be value
                                                                      these 1.01 odds doesn't even exist

                                                                      Pinnacle offers this



                                                                      1.001 no value, but if the odds were 1.01 i think there would be a value
                                                                      Comment
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