How Profitable is Value Betting?

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  • Опубликовано: 13 сен 2024

Комментарии • 48

  • @ProfitBoss
    @ProfitBoss  Год назад

    Thanks for pressing the like button. Don't forget to grab your free trial here: bit.ly/3z2KBXw

    • @johndzialowski2907
      @johndzialowski2907 Год назад

      Hi you say look under vido you find link (I cannot find it please can you help

  • @cosisthebest
    @cosisthebest 2 года назад +12

    Applying a martingale when losing and doubling down is easily the best way to lose everything. Take caution

  • @hogsquicktricks6155
    @hogsquicktricks6155 2 года назад +9

    Great video as always Chris. I do think it is dangerous the comment about upping the stake if your losing. That is like chasing your loses which is never a good thing and I am sure way back you told us to never do that ;) . I know you would be smart about it but doing a martingale stratergy could be devestating for some people. Keep up th good work.

    • @ProfitBoss
      @ProfitBoss  2 года назад

      I do apologise for not being completely clear. That would only be if you had the bankroll available to stomach the higher stakes. If you only had £900 total bankroll then £13.50 or 1.5% on each bet no matter what would be the max.

  • @joetus13
    @joetus13 2 года назад +7

    The idea of increasing bet size drastically when you're on a losing (below EV) run because it theoretically will balance out sounds a horrible idea.

    • @proverbalizer
      @proverbalizer Год назад +3

      People don't understand the probability of independent events. If you toss tails 7 times in a row.....that doesn't mean heads is more likely to come up in the next coin toss. It's still 50/50....the coin doesn't have any memory

  • @billiondollar9795
    @billiondollar9795 2 года назад +2

    Amazing tutorial. Great video as always. You rock, Chris. Thank You so much.

  • @temp911Luke
    @temp911Luke 2 года назад +6

    THanks for the video. Excellent quality but dont change your stake when losing :) Not a good idea.
    In theory you could apply this concept: the bigger the value the higher stake BUT
    thats just an idea. You should always stick to your staking method.

    • @mick727xd
      @mick727xd 2 года назад +1

      You're essentially applying the betting theory of card counting. I'm surprised it's not actually part of the strategy of the site at first glance. The one negative is that you lose the largest amounts when you have the greatest advantage, which in itself is triggering.

    • @temp911Luke
      @temp911Luke 2 года назад +2

      @@mick727xd Yea i know. Thats just a theory :) We know how things work in real life.

    • @nativeenglishpaul2836
      @nativeenglishpaul2836 2 года назад

      Yeah exactly, it's amazing how many people don't understand statistics.

  • @rastaraptor6619
    @rastaraptor6619 2 года назад +2

    Hey Chris, don't know if you've seen, but SkyBet are going to be offering 2up with the new football season!

  • @NightmareRestStop
    @NightmareRestStop 2 года назад +4

    In theory is the main thing here, could this eventually work out as an average similar to the 2up bets do you think or more likely & often wins than that? Id be interested in starting it if it wasnt some crazy chance of roi been lower than what im doing or incurring big losses?

    • @ChefCoal
      @ChefCoal 2 года назад

      Unhedged 2UP strategy does make sense, as the bets are positive EV. I have recorded all my 2UP bets and outcomes (around 600 matches) so I am going to compare the volatility and see if the strategy would preform the same. have you already done something like this?

  • @semilental
    @semilental 2 года назад

    Great video Chris.. hopefully there will be an update video soon at the end of your trial maybe? Very interesting video indeed!!

  • @broadbent96
    @broadbent96 2 года назад +1

    What are you placing bets on? I mean, are you placing bets on obscure matches/games that are likely to raise red flags with bookies?

    • @hongk0ngfu3y
      @hongk0ngfu3y 2 года назад

      looks that way but will lesser bookies 32red, jennings bet etc.

  • @lewisrichardson8304
    @lewisrichardson8304 2 года назад +1

    I’m £47 down with only a £500 bankroll how does that even work doing this after initially being £20 up

    • @ProfitBoss
      @ProfitBoss  2 года назад

      Hi Lewis, just like with the 2up and EP strategy it has a variance. What does your CLV (closing line value) number say on your tracker?

    • @lewisrichardson8304
      @lewisrichardson8304 2 года назад

      1.86%

    • @lewisrichardson8304
      @lewisrichardson8304 2 года назад

      @@ProfitBoss what does that mean?

  • @richardwiseman1898
    @richardwiseman1898 2 года назад +1

    What are the chances of getting SR to pennies doing this?

    • @topsalah1819
      @topsalah1819 Год назад

      Lower than losing all your money by not doing this

  • @TEWStatisticalSociety
    @TEWStatisticalSociety Год назад

    What about staking system you use?

    • @ProfitBoss
      @ProfitBoss  Год назад

      Hi, I have always just used flat staking. Thanks

  • @panagiotismaris2775
    @panagiotismaris2775 Год назад

    i have a question if we back a value bet at the odds of 2 for the sake of the argument with implied value of 7 % what happens in the scenario that the price drifts either rebel bet got it wrong or some new info occurred rebel bet will not put this match again with new odds as value bet pretty much admitting is a mistake wouldn't be wise to cash out this trade in a small loss since value have disappeared please enlighten me if i get something wrong tnx

    • @topsalah1819
      @topsalah1819 Год назад

      If the price drifts before you have placed the bet then you don't place the bet obviously.

    • @panagiotismaris2775
      @panagiotismaris2775 Год назад

      @@topsalah1819 mate i mean after you place it

    • @panagiotismaris2775
      @panagiotismaris2775 Год назад

      @@topsalah1819 and also why not higher odds more value isnt it?

  • @flip5665
    @flip5665 2 года назад +1

    So when loosing apply Martingale, noted

  • @harry3706
    @harry3706 2 года назад +1

    How have you been placing bets at Betsafe when they don't accept UK customers?

    • @rastaraptor6619
      @rastaraptor6619 2 года назад

      VPN I presume

    • @harry3706
      @harry3706 2 года назад +1

      @@rastaraptor6619 it isn’t that easy. You would need a non UK address, proof you live at that address and a non UK bank account

  • @jordanboyd5779
    @jordanboyd5779 2 года назад

    Is value betting the road to go down when I get bored of matched betting? It seems like big returns for very little effort

    • @ProfitBoss
      @ProfitBoss  2 года назад

      Hi Jordan, for sure it seems like a logical step. Place your 20-30 bets each day and then wait for the results 👍. Thanks

    • @RoyChadwick51
      @RoyChadwick51 2 года назад

      Matched betting is an absolute waste of time . PATHETIC

    • @RoyChadwick51
      @RoyChadwick51 2 года назад

      Double your money every 3 months .
      I started off with £1000 and after 2 years I had £256,000

    • @wunmi9359
      @wunmi9359 Год назад

      @@RoyChadwick51 why do u say that?

    • @RoyChadwick51
      @RoyChadwick51 Год назад +1

      @@wunmi9359 because it’s impossible to double your money every 3 months
      IMPOSSIBLE

  • @carlainscough6065
    @carlainscough6065 2 года назад

    Are you doing this with gubbed accounts?

    • @ProfitBoss
      @ProfitBoss  2 года назад

      Hey Carl, yes gubbed accounts and also with the pro version you get exchange bets so I have been placing a fair few on Betfair. Thanks

    • @carlainscough6065
      @carlainscough6065 2 года назад

      @@ProfitBoss I'll be keeping an eye for your long term results with Betfair.
      What average bet have you managed to get on with gubbed accounts, is it worth while?