How to calculate EV | Expected Value in sports betting

Get to grips with a Fundamental Expected Value formula

Discover how to work out not or if you should make a bet The Expected Value of a wager shows us just how much we could expect to win (on average) a bet, and as this is the most valuable calculation a bettor can create when comparing bookmakers odds. How do you calculate Expected Value in sport betting so as to forecast your winnings? Keep reading to learn.
The Expected Value of a wager shows us just how much we can expect to win (on average) per wager, and as this is the most precious calculation a bettor can create when comparing bookmakers odds. How do you compute Expected Value in sport gambling so as to predict your winnings? Read on to learn.
Expected Value
The amount a participant can expect to win or lose if they were to put a wager on the very same odds repeatedly, calculated via a very simple equation multiplying your probability of winning with an quantity that can win each bet, and subtracting the likelihood of dropping multiplied by the amount lost per wager.
GLOSSARY
A very simple instance of Expected Value (EV) put to training – if you were to wager $10 on heads in a coin toss, and you were to receive $11 each single time you got it directly, the EV will be 0.5.
This means that if you were to make the same bet on heads over and over again, you can expect to acquire an average of $0.50 for each wager of $10.

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