value bet

A 'value bet' is a strategic move in both poker and sports betting, aimed at maximizing profit by betting when the odds are favorable.

🇺🇸 US Voice:

🇬🇧 UK Voice:

Definition

(technical)A bet made to be called by a weaker hand to maximize profit.

He made a value bet on the river, hoping his opponent would call with a weaker hand.

(technical)A wager placed when the probability of an outcome is higher than the implied probability of the odds.

The gambler identified a value bet on the underdog team because the odds underestimated their chances of winning.

(technical)A bet with a positive expected value, indicating profitability over time.

Terms that have similar or relatively close meanings to "value bet":