I read an article that says in order to win in sports betting in the long run, we need to find value before making a bet. This means we don't need to bet on all the games available because we can't find value in all of them. Since it requires careful analysis based on the information available, it's impossible to analyze every game available for betting. Therefore, it's important to limit the number of bets and make sure that all the bets we make are well-studied so we can come out ahead in the long run.
If you believe in this, from your personal perspective, how do you find value?
Obviously this is a good idea. Maybe professional bettors are even willing to wait until the right matchup with the right situation and the right odds come along before placing a bet, but for a lot of us we just want to get some entertainment and enjoy a game a little more. I’d definitely recommend weighing the odds in a risk reward scenario and deciding if it’s a value or not.