You are right on all accounts. As far as value betting it's when you get a good line. You are making a bet at odds of 2.25 when the line is 2.15 at most other places on a consistent basis. All winning gamblers are value bettors. Many use a line service where they can play at 10 different books. When they make a bet, they play at the book with the best odds. There is nothing wrong with this and all gamblers should do this. Other books besides XYes see that this player is going to win long term, so they limit the player. This is the world wide industry standard.
I am not going to call the platform a scam or anything at this point, but it seems a bit unfair to punish bettors for placing bets on something the site its self offered. Just from what you're explaining it would seem that a site could almost tell every winning bet that they violated terms and not pay out. They just gotta go find different odds somewhere and justify their position. Seems shady.
This can only be done through live betting right? The value betting i mean. Lines are constantly changing on live betting, literally every second almost.
That’s what XYes did. They showed two slips from Pinnacle and then searched for another book and posted one from Bet365.