In the process of searching for profitable value bets, there are actually a number of points to be taken into consideration.
Rule of Thumb
The very first thing that you ought to understand is, getting +EV bet doesn’t necessarily mean that you have to bet everything. The EV only shows whether the bet is of good value or not.
At the end of the day, your bet still needs to win. Because if it does not, you’d lose money.
Also another thing, a –EV is not an indication that it will lose. Sports is unpredictable and so does with sports betting. No matter how many calculations you make, it will be a guessing game. Even though the bet may not be what you are expecting to net profits from, that is far from getting guarantee when done once.
There are cases in which wagering on heavy favorite would result to a –EV bet. That –EV indicates that there’s bad value in that bet.
Low Odds shall not be Ignored
Simply because you’re presented with low odds, it doesn’t mean that there won’t be a +EV bet. Instead, this only means that the bettor is not going to make much from their bet.