Sports Betting
Expected Value Calculator for Sports Betting
Calculate whether a bet has positive expected value (+EV). The single most important concept in profitable betting.
In this article
Formula
EV = (win prob × profit) - (loss prob × stake)। ₹100 bet at 3.00 odds, 40% probability: EV = (0.4×200)-(0.6×100) = +₹20। Positive EV = long-term profitable।
Cricket
IPL/international cricket: study pitch, conditions, team form। Consistently finding 3-5% EV+ bets = long-term profit।
⚡ CalcWolf Insight
Closing Line Value (CLV) is the best predictor of long-term profitability. If you consistently bet lines that move in your direction by closing time (e.g., you bet +150 and it closes at +130), you are almost certainly a +EV bettor — regardless of short-term results.
Frequently asked questions
EV+ क्या?▾
Expected value positive — long-term profitable bet।
कैसे calculate?▾
(Win probability × net profit) - (Loss probability × stake)। Positive = good।
✓ Math logic verified against primary sources
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