How Do You Calculate Expected Value in Sports Betting?
how to calculate ev betting One of the easiest ways to find positive EV wagers is to identify what the sharp line should be on a game You can do this by comparing betting EV = + (1838 x ) + (238 x ) =
Value is a term that relates to a bet you made, compared to where the line closed Put simply, expected value, often abbreviated to just EV in betting terms, is how much, on average, you could theoretically expect to win based on the
1 Convert your odds to percentages by dividing them into 1 · 2 Calculate the potential winnings or loss on your bet · 3 Use these figures in the EV calculation Optimal Bets leverages many different models to calculate win percentage and EV We created a proprietary model to approximate the win
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