What Is Thin Value Betting?

Thanks to the pandemic, we’re all aware of the importance of staying at home and keeping our distance from each other. However, during the lockdown, sports betting has become something of a obsession for many people. The idea of placing a wager on sporting events and winning or losing money has proved to be highly appealing during these trying times.

So how does one bet on sports when not being able to leave the house? For those looking to venture into thin value betting (TVB), this may seem like an impossible feat. But with a little planning and strategizing, you can ensure that your money is safe and profit is within your reach.

The Basics Of TVB

Thin value betting is a term used when placing a wager on a sporting event where the outcome is highly unlikely to give you an advantage of more than a few dollars. As the name suggests, the goal is to bet on sporting events where the total amount of wagering placed on the outcome is relatively small. The main principle behind this type of betting is that you are better off not having your full stake on an upset win or loss.

The main draw of TVB is that you get the feeling of having backed a winner without risking a large amount of money. In most cases, you’ll know beforehand which team is going to win so it’s generally safe to wager on them. You can also use betting sites with TVB functionality to place bets with minimal risk when the odds are in your favor. Simply ensure that the site you use is licensed and obeys all relevant laws and regulations.

Where Can I Bet On Sports?

Thanks to the spread of smartphones and online betting markets, people have access to a vast array of sports and betting options wherever they go. But as we’ve established, it’s not always practical to leave the house when you want to place a bet. This being said, you can use the following to find the best betting options available online:

  • Mobile phones
  • Tablets
  • PCs
  • Laptops

What if I don’t have Wi-Fi at home?

If you don’t have Wi-Fi at home, you can use a mobile hotspot or a device that relies on cellular data to gain access to the internet. Depending on your mobile phone provider and whether you have a pay-as-you-go or a contract phone, you may need to purchase a separate data package to access the Internet while on the move. When using a mobile hotspot, you must adhere to any data restrictions imposed by your mobile phone plan. When using a cellular device, you must ensure that you are not roaming in a country where you’re charged additional fees or tariffs. If you don’t know where you’re roaming or whether or not you’re roaming, contact your service provider before you use the device.

Is This Type Of Betting Legal?

As the world becomes more digital, it’s important to remember that not all types of online betting are created equal. Some countries, like the United Kingdom, do not consider sports betting to be legal while others, like Australia, have adopted more lenient stances. Find out what legislation governs sports betting in the country you live in and abide by it. Familiarize yourself with the terms used in sports betting, such as:

  • Offensive
  • Receiving betting
  • Betting line
  • Half-time
  • Free-wish bets
  • Full-time
  • In-play
  • Half-time/full-time
  • Exhibition
  • Anomaly scores
  • Small Overs
  • Tote
  • Handicap
  • Away
  • Double-up
  • Even-money
  • Quarters
  • Pick
  • Futures
  • Accumulator
  • Rerun
  • Exacta
  • Off-track
  • Parlay
  • Exclusion
  • Matched-Betting
  • Insurance
  • Mountain-bike
  • Joint-venture

What Is The Best Sportsbook For Thin Value Betting?

Now that you’re armed with the basics of TVB, you may be wondering where you can place your bets. There are dozens of online bookmakers and sporting venues that you can use, but keep in mind that volume of betting and high limits attract more attention from law enforcement. As such, find a bookmaker that is well-established, has a good reputation, and complies with all relevant laws and regulations. Here are some top choices for sites where you can place bets on sports:

  • Betway
  • Bet365
  • Betfred
  • Mr. Bet
  • Pinnacle

If you go through this guide carefully, you’ll have a good chance at winning some money without risking large sums of cash.