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Final3rd

Expected Value (EV) Calculator

Compare your true win probability to the offered odds to see if a bet is +EV.

Auto-filled from the odds — edit to enter your own
Expected value+0.0%
Expected profit per bet+£0.00
Your edge vs odds0.0%
Potential profit if won£15.00
This is a +EV bet — the odds are in your favour.

Expected value is the average profit or loss you'd make per bet if you placed it many times. A positive EV means the price is bigger than the true probability warrants. It relies on your probability estimate being accurate — the more reliable your estimate, the more you can trust the result.

Frequently asked questions

Expected value is the average profit or loss you would make per bet if you placed it many times over. Positive EV means the odds are bigger than the true probability warrants; negative EV means the odds are against you long-term.

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