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Glossary

Value betting

Value betting backs prices that are higher than their true probability implies, winning over the long run rather than on any single bet.

A value bet is one where the offered price beats the fair price — the true implied probability. Betting these consistently is profitable over a large sample, even though any individual bet can lose.

It needs a fair-odds benchmark (often the exchange or market consensus) and wide soft-book coverage to compare against. The less-watched books are where value tends to hide.

Value is a long-run statistical edge, not a guaranteed return, and books restrict accounts that beat them — the feed supplies inputs, not certainty.

OddsRelay delivers this as part of one already-matched feed. See live coverage on the coverage dashboard.