Expected Value Calculator
Expected value is what a bet earns on average if you could place it a thousand times. It compares the price you're offered against the fair price — what the bet is actually worth once the sportsbook's margin is stripped away. Beat the fair price and the bet is +EV: profitable in the long run even though any single result can go either way.
Enter your stake, the odds you can get, and the fair odds — the no-vig calculator produces those from a sharp market's two sides. The result is your average profit per bet in dollars and as a percentage of stake. A consistent +2% edge compounds into real money; a −5% habit quietly does the opposite. EV is the honest scoreboard behind every strategy on this site.
Positive expected value
- Expected value per bet
- $13.64
- Return on stake
- 13.6%
- Your price implies
- 40.0%
- Fair probability
- 45.5%
EV is a long-run average, not a guarantee on any single bet. A bet is +EV when your price implies a lower win chance than the fair price does.
Skip the manual entry
This calculator needs you to find the prices yourself. The PromoEdge promo calculator scans live odds across every book we cover, matches your promos to real games, and hands you the exact bets — no typing odds in.
Open the live promo calculator →For educational use only. Verify prices at the sportsbook before betting; odds move.