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Expected Value (EV)

Determine the expected value of any betting opportunity

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Input
The odds you're getting at the book
True fair odds (e.g., from Pinnacle no-vig)
Results
EV

Enter your odds and fair odds to calculate expected value

About Expected Value

Expected Value (EV) is the average amount you can expect to win or lose per bet over time. Positive EV (+EV) bets are profitable long-term. Use Pinnacle's no-vig odds as a proxy for "true" fair odds. If your book offers better odds than the fair line, you have positive expected value.