A free bet is for example if you get €25 to bet with at a bookmaker. If you place the full amount on a match with odds 1.5, you will win €37.50. But the bookmaker will only pay out your winnings (€12.50). This is a SNR (stake not returned) free bet. It's also commonly
So why is it that average CLV and yield always lower than your average value at bet placement in the long run?
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If you are a beginner and don’t know what settings to choose, just rely on the recommended beginner settings. You can, of course, change settings yourself later on if you want. Kelly criterion stake sizing strategy Value betting has a built-in staking strategy: Kelly criterion for stake sizing. This will ensure optimal
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