Expected Value Calculator
Calculate the expected value (EV) of a bet. Positive EV means the odds are better than the true probability — the foundation of profitable betting over time.
Bookmaker implied probability: 47.6%
Expected Value
+9.20%
Value bet — the odds compensate more than the risk. Positive expected return per unit staked.
Formula
EV = (odds × true_probability − 1) × 100
Example: Odds 2.10 with true probability 52% → EV = (2.10 × 0.52 − 1) × 100 = +9.2%
The challenge is estimating the true probability. Lytic uses Pinnacle no-vig odds as a reference — the world's most efficient market. Read more about the methodology →
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Analytical tool. No winnings guaranteed. Bet responsibly. 18+