When Is a Bet a Value Bet: High Odds or Low Odds?

[WinJonny]

When Is a Bet a Value Bet: High Odds or Low Odds?

When your estimated odds are small, a bet is considered a value bet. This will result in a figure above zero when you employ the calculation. Fair probability, making it a value bet. On the other side, if the odds are high, the value bet formula will result in a negative number, indicating that it is not a value bet.
When using the formula (- Market probability) to this value bet, the result will be (43% - 40%) / 40%. You will receive the result of 0.125 from this. This is a value wager because the number is greater than 0.

 

[SlotsMaster]

The odds that you are staking indicate the level of risk that we can take on any particular game. If the game has a very high risky that means you'll be risking too much and the money you want to stake should be very minimal.