WATCH: When's the best time to place a bet? The ultimate betting strategy

Is it best to make your bets as soon as the market is released or minutes before the event begins?

Timing can be crucial to making the best value bets possible, whether it's pre-match, ante-post or live betting. Nailing the right moment to make your selections can be the difference between claiming a big payout and narrowly missing out on an outrageous value play. 

In this video, FIRST looks at the factors to consider when wagering on an event, a match or a future market to best inform your betting strategy. Plus, why taking into account odds movements can be so crucial to the success of your bet.