What does an EV of 5% mean for my money?
-
It means that over many similar bets you expect to keep about 5% of the amount staked, not that this bet will win.
On a $100 stake at 5% EV, the expected value is about $5. The bet itself still wins or loses in full: you either collect the winnings or lose the $100.
The EV only becomes meaningful when you repeat it over a large number of bets, so judge ValueBet over the long term, never from one result.
Read more: ValueBet Calculator
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register LoginRules | Guide | Follow us on Telegram & WhatsApp | Invite your friends and Earn