Finding Value Bets in Euro 2024: Analyzing Early Odds

“The odds are worth it” – have you ever heard that or perhaps said the sentence yourself? What is meant by this – even if you may not have known it yourself – are so-called value bets in technical jargon, i.e. odds that are worth a bet, with valuable odds. But how do you know whether an odds is worthwhile and has added value, i.e. a value bet is possible? We explain to you about value bets, show you how to calculate the value of a bet and give an overview of the best bookmakers. You will also find examples, tips and a kind of calculator on how to determine the values. There are no real tricks, but those who understand value betting already have a great advantage, which is in no way inferior to a trick.

Finding Value Bets in Euro 2024: Analyzing Early Odds

Very important: A value bet is not a safe bet. There are also so-called Surebets, but they mean something completely different. (There are no real tricks, but those who understand value betting already have a great advantage, which is in no way inferior to tricks)

Finding Value Bets in Euro 2024: Analyzing Early Odds

Value bets are bets where it is assumed that the bookmaker has set the odds too high. This means that the probability of the event occurring is higher than the betting odds indicate. For example, the odds of 2.00 for a team to win mean that the chance is 50%. So, if Germany has odds of 2.00 against Turkey, there would be a value bet, because Germany is the big favourite and is more likely to win than the bookmaker’s odds indicate.

Finding Value Bets in Euro 2024: Analyzing Early Odds

Value Euro 2024 betting are more common than you might think. To be able to find value bets, various sites on the net offer you so-called value bet finders or calculators, but do not rely on them! They often simply promote certain bookmakers, the reasons why a value bet should exist are incomprehensible. Even so-called value bet calculators are not worthwhile. You can easily calculate value bets and use them to find value bets: The formula for determining the value of Euro 2024 betting is:

Betting odds x probability / 100

If the result is over 1, it is a value bet. The crux of the matter is probability. You either have to clarify this for yourself. We guide this under “Value Euro 2024 betting strategy” below. You have now somehow calculated a probability, let’s say 60%. The provider gives the odds of 2.00. Plugged into our value bet formula, this means:

00 x 60 / 100 = 1.20

The result is greater than 1, so we have a value bet. You can now bet on these at the respective bookmaker.

Finding Value Bets in Euro 2024: Analyzing Early Odds

In theory, every Euro 2024 betting site has value bets. But to be able to find realistic value bets, you need accounts with several bookmakers.

Finding Value Bets in Euro 2024: Analyzing Early Odds

The most suitable bookmakers are those that generally have good odds and/or Euro 2024 betting providers without tax so that you can exploit the full value of the bet.

Finding Value Bets in Euro 2024: Analyzing Early Odds

First of all: It is not possible to sort of filter value bets from the odds directly at the Euro 2024 betting. When you play value Euro 2024 betting, you want to beat the Euro 2024 betting provider’s odds – so it is logically not the case that they offer you help for this. Even features that we have already seen, such as “odds below 2.00” or “favourite combo” are not automatically value Euro 2024 betting. To know whether an odds offers value, you must first calculate the probability of a game outcome yourself, only then can you compare it with our formula above. Tip: Some odds comparisons show you the odds of many different Euro 2024 betting providers, which makes things easier. So if you don’t want to use the value tips of others, but want to develop a system yourself, you can’t avoid doing a bit of research into potential value odds. A tool that can sometimes be helpful, but which you will only find with a few betting providers, is an odds calculator for value bets. Speaking of tools, we think you’ll also enjoy features like live scores. The bookmaker Betfinal provides a particularly good live score.

Finding Value Bets in Euro 2024: Analyzing Early Odds

The classic Value Bet betting markets are:

Outright bets (1X2)
Over/Under

This applies to all sports, especially football. In tennis or basketball, where there are no odds for a draw, you even have the advantage with value win bets that you don’t have the same risk as in football, for example, that a relatively large number of games end in a draw. The following applies to the Euro 2024 betting markets: There can be a value bet on almost any type of bet. If you have calculated the probability of the event and there are odds on it, it could be a value Euro 2024 betting. Everything that you find in the bookmaker’s betting offer can usually also be placed as combination bets. With value bets, combination bets are only advisable to a limited extent. We recommend single bets. If you are wondering whether there is also value in long-term bets – this is unusual, but not impossible. We consider the team duels in the run-up to a season particularly interesting for value bets.

Finding Value Bets in Euro 2024: Analyzing Early Odds

As mentioned, the sticking point with the value of Euro 2024 betting is the variable of probability, which you have to determine yourself. There are two ways to do this.

Finding Value Bets in Euro 2024: Analyzing Early Odds

In football, for example, you want to bet on a team winning. Take a look at the two teams in advance, compare home and away strength, the current form, but also the list of injuries and look at the results of the last encounter, also separated by home and away. The goals scored and conceded in total and in the last five games also have a high significance. Based on this data, you consider the percentage probability that the team will win. Tip: Many bookmakers provide you with statistics that you can use. For example, Betfinal, as you can see from the statistics symbol behind the game/games:

Finding Value Bets in Euro 2024: Analyzing Early Odds

The second option, which is a bit more demanding but more objective, is the average of several bookmakers, the more the better. Let’s say you compare the odds on a team from ten or more different Euro betting 2024 sites and calculate the average. You convert this average odds into a probability using the formula 1/odds x 100. As already mentioned, odds of 2.00, therefore, correspond to a probability of 50% (1/2.00 x 100 = 50). With these two options, you can arrive at a probability that you can then use the formula above to calculate whether there are value bets.

Finding Value Bets in Euro 2024: Analyzing Early Odds

If you have little or no experience with sports betting, we recommend warming up to the subject first, placing a few bets, on different types of bets and with different bookmakers. You don’t have to play a big stake. Tip: The welcome bonus for new customers, which many bookmakers offer, is perfect for gaining experience. Once you’ve placed a few bets, when you’re wondering how to bet successfully on sports in the long run, you’ll automatically come across the value bets. If your experience with sports betting

Finding Value Bets in Euro 2024: Analyzing Early Odds

While value bets do not guarantee winnings, they do indicate that the chance of winning is at least higher than the bookmaker believes. That’s why it’s worth using.

Finding Value Bets in Euro 2024: Analyzing Early Odds

First of all, you should stick to tips that the betting providers also see as favorites. Value bets should not be seen as an invitation to bet on underdogs. If you bet on the underdog, the stakes should be low. It’s also a good idea to initially stick to one sport or even competition. In this way, you can quickly get a good overview of the strength of the participating players or teams and recognize when a bookmaker’s assessment may be wrong.

Finding Value Bets in Euro 2024: Analyzing Early Odds

That depends on the odds you are playing. As is well known, the odds reflect the probability of winning, from which you have a good overview of the risks involved in a bet. For example, if you set the probability for Team A to win at 55 per cent, the probability that Team A does not win is 45 per cent. That’s quite a lot, so we wouldn’t bet our entire fortune on it, but would rather play lower. The following applies to combination bets: Never take too many games in a combination, even if you want to combine several value bets. The probabilities are multiplied and you often come out with a low probability of winning even with a five-way combo. Plays a maximum of four combos and only small odds.

Finding Value Bets in Euro 2024: Analyzing Early Odds

Yes, a value bet does not exclude sure bets and vice versa. Important for both strategies: a comparison of odds, which is essential when calculating.