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Do value bets work? What our members tracked since 2024

Every figure on this page comes from the bets NinjaBet members logged in their own Bet Tracker and settled: no projection, no simulation. It is the honest picture of value betting over years, swings included.

Tracked since Aug 2024 Updated Oct 6, 2026

Self-reported bets: members choose what they log.

Return
+9.6%
Net profit
$93,249
Settled bets
21,259
Total staked
$976,759

Cumulative profit, month by month

The dashed line is the profit that would have built up by staking the same amounts at the period's average return (+9.6%): the actual profit swings around it and meets it at the end.

Results by year

YearBetsStakedProfitReturnProfitable months
20267,587$177,818$32,195+18.1%9/10
20258,189$505,571$43,031+8.5%11/12
20245,483$293,370$18,024+6.1%5/5

The last 12 months

MonthBetsStakedProfitCumulative
Oct 2026439$8,687$2,450$93,249
Sep 20262,663$48,768$8,046$90,799
Aug 2026373$11,649$1,886$82,753
Jul 2026452$14,497$4,076$80,866
Jun 2026803$22,862$5,099$76,790
May 2026656$21,836$2,044$71,691
Apr 2026601$20,671$2,418$69,647
Mar 2026488$10,512$5,026$67,229
Feb 2026464$9,948$1,377$62,203
Jan 2026648$8,388-$229$60,826
Dec 2025270$5,035$806$61,054
Nov 2025329$9,165$2,911$60,249

How the fair odds and the value are computed

The fair odds are the consensus price of the worldwide betting market: the market's collective sentiment on an outcome, with no sportsbook margin in it.

  1. 1

    Read the market consensus

    For every outcome the tool reads the consensus price of the worldwide betting market, the price at which the market as a whole is prepared to trade. That is the fair odds.

  2. 2

    Compare every sportsbook's price

    Each sportsbook's odds for the same outcome are compared with the fair odds. A price above the fair odds is a value bet: the sportsbook is paying more than the outcome is worth.

  3. 3

    Compute the edge

    The edge is the sportsbook's odds divided by the fair odds, minus one, after any commission. It is shown as the expected value in percent: +5% means five cents of expected profit per dollar staked, over many bets.

A worked example

A sportsbook offers 1.50 on an outcome whose fair odds are 1.45: the edge is +3.4%. Over many such bets, that is the expected return on each unit staked.

How to read these numbers

  • Variance is the normal state

    A value bet wins less than half the time at typical odds. Losing weeks and losing months are expected; the edge shows up over hundreds of bets, not over a weekend.

Already a member? Compare your own value bets with their expected value in the ValueBet Analysis. Open the ValueBet Analysis

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Frequently asked questions

Do value bets really work?

Over the long run, yes, for members who stayed disciplined: tens of thousands of settled bets tracked since 2024 show a positive return on turnover every year, with losing months along the way. The figures on this page are those members' own results, not a promise.

Where do the fair odds come from?

From the consensus price of the worldwide betting market: the market's collective sentiment on each outcome, with no sportsbook margin in it. A sportsbook price above that consensus is a value bet.

How much can you expect to make?

Members' tracked return on turnover sits in the single digits per unit staked, so the money depends on your bankroll and how many bets you place. Expect swings: the edge shows over hundreds of bets, not over a week.

Can I see my own results like this?

Yes. Log your bets in the Bet Tracker and the ValueBet Analysis page (Tracker Pro) shows your return, your win rate against the fair odds and your actual versus expected profit over time.

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