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Expected value calculator
Compare the odds available at your bookmaker with a fair reference price. Calculate the expected value of a bet before you place it.
Your inputs
Decimal odds. Calculations run entirely in your browser; no data is saved.
Expected value
+5.82%
Fair probability52.91%
Expected value+5.82%
Positive modelled edge. Actual outcomes remain uncertain.
What expected value means
EV = (your odds / fair odds − 1) × 100%. At odds 2.00 against fair odds 1.89, the modelled EV is +5.82%. Fair odds are an estimate, not a guarantee.
These tools provide mathematical estimates, not financial advice or betting recommendations.
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