This is the first in a series of articles by Michael Wilding at Race Advisor that focus on value in odds and the reasons for its importance.
I'm a firm believer that if you aspire to make your betting pay long term, then you must have a firm grasp of the concept of value betting. The series of articles will first look at the basics, before delving into the mathematics.
Without value in odds it is impossible to make a profit. This is not just me giving my opinion but a mathematical fact and if you can understand the concepts of it then you are going to be in a very strong position.
Further reading:
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