Value?

Further to our post on Introduction to Value Betting, I have just seen one of the most looking books in a while for punters. Not going to mention the name of the bookmaker, but it just goes to show what you need to be thinking about with regards to your betting. The below market is the next premier league manager to go.

McCarthy has just been sacked from wolves, and these are the odds for 15/19 premier league managers, this means if either one of the 4 remaining managers that aren't on the list go, you will still lose your bet.

What makes this worse, is the priced offered for Villas-Boas and Redknapp converted to a % chance is around 97%, and the whole book is around 150% without considering the other managers. The % return you get back on your bets here is actually worse than most slot machines at casinos.

This is a great example of betting on something can be fun, but not long term value.