BETTING TOOLS
EV Calculator
The Expected Value (EV) Calculator shows the average profit or loss you can expect from a bet over the long run, helping you spot positive expected value (+EV) opportunities.
EV Calculator
Odds: 2.10 (Decimal)
Win Probability: 52%
Result: +4.5% EV (Expected profit: 4.5 per 100 bet)
How to Use the Expected Value Calculator
The key to using the EV Calculator is finding the Win Probability (%). We analyze efficient markets by removing the bookmaker’s ‘Vig’ (their built-in margin) to reveal the true probability of an event. This ensures you compare your wager against the actual statistical likelihood, rather than a marked-up price.
Inputs & Outputs
- Odds (Decimal): Enter the odds currently offered by your sportsbook.
- Win Probability (%): Enter the fair win percentage. If you are unsure of the true probability, use our No-Vig Fair Odds Calculator to find the fair market percentage.
- Wager Amount: Enter the total stake you intend to bet.
- Expected Value (EV): If positive, you have a mathematical edge.
- Profit: The currency value you expect to earn long-term.
Tired of Crunching the Numbers?
Stop hunting for odds. Let our software do the heavy lifting. We scan the markets 24/7 to deliver high-value bets straight to your dashboard.
EV is a statistical guide, not a guarantee of profit. Only bet what you can afford to lose and follow responsible gambling practices.
