Calculate the expected value and edge of a bet.
Expected value is the average amount you expect to win (or lose) per bet over the long run. A positive EV (+EV) bet means the odds are in your favour — the bookmaker is offering a price that's higher than the true probability suggests.
Formula: EV = (probability × (odds - 1)) - (1 - probability). If EV is positive, you have an edge.
For example, if you believe a team has a 50% chance of winning and the bookmaker offers odds of 2.20, your EV is (0.50 × 1.20) - 0.50 = 0.10, or a 10% edge. Over many bets at this edge, you will profit.
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Disclaimer: BRT Sports provides data-driven signals for informational purposes only and does not guarantee profits. Sports betting carries inherent risk — you can lose money. All betting decisions and outcomes are your sole responsibility. Please gamble responsibly.