Calculate the expected value of a bet to determine if it has positive value.
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Expected Value (EV) is a mathematical concept that helps bettors determine whether a bet offers positive value over the long run. A positive EV indicates that a bet is profitable over time, while a negative EV suggests the opposite.
Input the odds offered by the bookmaker for your bet.
Input your estimated probability of the bet winning.
The calculator will show the expected value and whether the bet offers positive value.