Expected Value
expected_valueExpected value of a wager from odds and your own win probability (percent, 0-100). EV = stake * (p*(decimal-1) - (1-p)); break-even probability = 1/decimal; edge = p - break-even. The probability is your input, not a prediction by BetsBeats. For adults 21+ only. Entertainment and analysis; no wins are promised and past results do not predict future ones. BetsBeats does not take bets.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| odds | Yes | The odds value, e.g. "-110", "1.91", "10/11". | |
| stake | No | Stake for the EV amount. Default 100. | |
| format | Yes | Format of the odds. | |
| win_probability_percent | Yes | Your estimated chance of winning, 0-100 exclusive. |