How do you identify a value bet?

A value bet exists when your estimated probability is higher than the implied probability from bookmaker odds.

What is expected value in betting?

Expected value is the long-term average return per bet. Positive EV suggests a potential edge over many bets.

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Compare bookmaker odds with your own probability estimate. See fair odds, edge, and expected value before placing a bet.

Bookmaker decimal odds Your estimated probability (%) Stake (optional)

Implied Probability

Fair Odds

Edge (pp)

EV per 1 unit

Expected Value for Stake