Expected Value Guide
Compares odds with your estimated probability and calculates Expected Value. This guide explains what to enter, the calculation logic, a worked example and how to read the result.
What to enter
Try it like this
โฌ100 @2.20 with a 50% estimated probability gives a theoretical EV of +โฌ10, or +10%.
Read the result
The result shows the mathematical output of Expected Value using the values you entered. Read the headline value first, then use the breakdown to understand how stake, odds and scenarios contribute to it.
How it works
๐ก This is a mathematical output based on the values you enter. It is not a prediction and does not guarantee a future result.
โ ๏ธ Common mistakes
Entering odds, percentages or stake in the wrong field.
Treating the output of Expected Value as a prediction instead of a calculation based on the inputs.
โ FAQ
Do I need to know the formula for Expected Value?
No. The formula is shown for transparency; the calculator performs the calculation from the entered values.
Does the result tell me what to bet?
No. It is a mathematical result, not a betting recommendation.
Can I change the example values?
Yes. Start with the example, then change one value at a time to see how the result changes.