This value bet calculator is a nice too to pick the right the match and place a bet. All you need to do is to estimate how much is the probability for the tip to outcome.
For example you estimate that the probability of a match is about 60% to be right and the odds are 2.2. Now when calculating if a value bet exists we have 2.2*0.6=1.32, so
we see that a value of 32% exists and this tip is a value bet. On long run you will a 32% profit of your betting amount by placing such matches.
In this value bet calculator simple put the odds and the estimated probability and the value bet calculator will show you if a value bet exists and how much is the profit.