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