# VALUE BETTING

## What Is The Difference Between An Arbitrage Bet And A Value Bet?

Explains what an arbitrage and value bet is and the difference between them.

## What Does a Profitable Betting Strategy Look Like? Monte Carlo Simulations of Sports Betting Histories

This article analyses how implied edges and number of bets affects different aspects of a betting history given the fractional Kelly staking strategy - in particular the expected fund growth and profit align with the probabilities of going bankrupt and of obtaining no profit.

## How to Make a Living from Sports Betting Part 3/3

As a benchmark for what is required to do extremely well in sports betting, we have added Jonas’ results for his $10k to a$1 million run below.

## How to Make a Living from Sports Betting Part 2/3

An important element is your starting point. Just like with more traditional forms of investing such as stocks or real estate, if one already has the money it becomes easier to accumulate more of it.

## How to Make a Living from Sports Betting Part 1/3

This is the first out of a three-part article series, which purpose is to investigate how one can make money from sports betting and the requirements of making a living from it.

## Why People Fail With Trademate

Overall, Trademate customers have made a net profit of €4,2M from the 1st of January 2016 - September 2019. The majority of customers using Trademate are profitable and as covered in this article, the more trades people place, the more profitable they are.

## How Does Value Betting Work?

If you are thinking that betting on coin flips and sports are not the same thing, you are right. As opposed to the coin flip, the problem with sports is that you do not know the probability of a win, draw or defeat. So how do we determine it?

## What is expected value in sports betting?

In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents. E.g. the expected value of gett

## Value Bets: How does value occur in Sports Betting?

Value bets occur when you've got the upper hand on the bookmakers or the markets.

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