Categories: 24hr rule

Value Betting: How Pros Turn Mispriced Odds Into Profit

 

 

If you ask the average bettor why they made a pick, you’ll hear things like:
“They’re the better team.”
“They’re due.”
“They have to win tonight.”

None of those phrases exist in a professional bettor’s vocabulary. Because pros aren’t betting who they think will win — they’re betting where the value is.

In my book “The 24HR Rule:, I talk about it:

“Value betting isn’t about winning every wager — it’s about winning the right wagers over time.”
— Ron Raymond, The 24HR Rule

That’s the mindset that separates the sharp bettors from the emotional ones.


📈 What Is Value Betting?

Value betting is simple in theory:
You wager only when the odds offered imply a lower probability than your true projected probability.

In plain language:
When the sportsbook gives you a better price than the reality of the matchup, you bet.
When they don’t — you pass.

You’re not trying to predict the future — you’re capitalizing on mispriced markets.


🎯 Example

If a team’s true chance to win is 55%, but the bookmaker’s odds only imply 48%, guess what?

That’s value.

You won’t win every time — but over the long term, hitting +EV (positive expected value) plays builds compounding profit. That’s the game.


📊 How Pros Find Value

From your book, the four-step method:

1️⃣ Know the sport deeply
Not fandom — real intel. Personnel, coaching tendencies, situational angles, fatigue spots, travel, schedule waves.

2️⃣ Calculate your own probabilities
Power ratings. Situational edges. Betting cycles. C.O.W. (Chance of Winning).
You’re estimating true win probability — not guessing.

3️⃣ Compare to the market line
If the break-even line vs your projection gives you an edge — fire.
If it doesn’t — pass.

4️⃣ Use tools & discipline
As you wrote: betting software and database systems don’t replace judgment — they refine it.

In other words:
Gut bettors gamble. Data bettors invest.


⚖️ Why Most Bettors Never See Value

Bad bettors ask:
“Who’s going to win tonight?”

Sharp bettors ask:
“Where is the price wrong tonight?”

The sportsbook doesn’t care who wins.
The public bets emotions.
Professionals bet inefficiencies.

That’s the gap — and that’s your highway to profit.


🔁 Value Betting + The 24HR Rule

Where most bettors burn themselves is after a big win or loss.
They chase — not value, but feelings.

With the 24HR Rule’s mindset, you protect your bankroll long enough to use value betting properly. Because value only works over time — not over one emotional Saturday.


🧩 Takeaway

Value betting isn’t about ego or certainty.
It’s about math, patience, and consistency.

You won’t win every bet.
You don’t need to.

You just need to:

  • price the market better than the public,
  • wait for mispriced numbers, and
  • stay disciplined through variance.

Do that, and you go from gambler to investor — forever.


📣 CTA:

Follow The 24HR Rule Playbook daily on ATSStats.com and learn how to leverage the Raymond Report Value Index, C.O.W., and DMVI to spot value like a professional sports investor.

Turn information into income.
Turn data into dollars.


 

Ron Raymond

Ron Raymond is a well-known sports handicapper who runs ATS Stats and the Raymond REPORT. He has over 21 years of experience in the industry and provides expert analysis and predictions for various sports, including football, baseball, hockey, and basketball.

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