What does 'Value' mean in betting?

Advanced Value Betting in Simple Scenarios With Game Theory what is a value bet in poker You want to bet your hand for value on the turn as many worse hands can call such as a slow played set, Qx, 8x, or a hand with the Ac, what is the chance to win the lottery In sports betting, a value bet is one that is more likely to win than the odds suggest A value bet can be identified when a bettor believes

what is tonight''s lottery This bet is intended to increase the size of the pot, by inducing opponents to call A bet for value is in contrast to a bluff or a protection bet (