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Expected Value (EV) Calculator

Chris Lollis
By: Chris Lollis | Last Updated: April 21, 2026

Estimate whether a bet offers positive expected value by comparing the market odds to your projected win probability.

Implied Probability
Your Win Probability
Edge
Profit If Win
Loss If Lose
Expected Value ($)
Expected Value (%)
Verdict

Expected value compares the long-term average return of a wager against your own estimated probability of winning. Positive EV means the bet may offer value if your projection is accurate.