Hi.

I've read that a value bet, is a bet you make when you think you are ahead of your opponents calling range.

So my question is, do you always need more then 50% equity to make a value bet?

The reason I ask is because if you have 49% equity against your opponents calling range and you bet 1% of the pot,
you are risking very little to to win a lot. I'm not sure if this is a wining play but if it was would it be a value bet even though you are not ahead of your opponents calling range?