Here’s an update on the performance of value betting on sharps.
It’s great to see the interest for sharp value betting, and it’s easy to understand why - you won’t get limited and can place large bets.
However, the edge is smaller, and variance will hit you harder. As an example, BetInAsia had a yield of 2.8% in October, which then swung to -3% in November! If you decide to bet on sharps, this is the reality you have to accept.
That said, you can get some fantastic profits long-term.
Value betting on sharps, up to 2020-01-13
Smarkets yield 2.68% (high avg odds 2.88) Sportmarket yield 2.29% BetInAsia yield 1.78% 3et yield 0.24% Betfair yield -0.90% (high avg odds 2.37) BetISN yield -2.57% Matchbook yield -2.59% (high avg odds 2.78) Pinnacle yield -3.72% (insufficient bets, not significant, high avg odds 2.68)
These results are statistically significant, except Pinnacle which I added anyway because there is a large interest. I would be surprised if Pinnacle turns positive, except on a few specific markets.
Note that sharps are only available in ValueBetting Pro. You also get double the amount of (soft) value bets, and value bets over 7%.