An inflatable item includes a hollow body and a valve is connected to the hollow body. The valve is a bladder which has an inlet from which air is introduced in the bladder, and an outlet through which the air is introduced into the hollow body. A tubular insertion is engaged with the inlet and has a passage defined therethrough. A bouncing member is mounted to the tubular insertion so that the user compresses the bladder to push the air in the bladder into the hollow body and the bouncing member bounces the bladder back to original status. The hollow body can be inflated by repeatedly compressing the bladder. A cap removably seals the inlet after the inflatable item is inflated.