Features KickTheHouse
EV+ and EV (Expected Value) are fundamental concepts in sports betting.
These metrics are used to assess the potential profitability of a bet based on probabilities and expected winnings.EV+ represents a scenario in which a bet has a positive expected value, meaning it is considered profitable in the long run.
This means that statistically, the bet has an expected return greater than the initial investment.
By identifying bets with EV+, bettors can make informed decisions and maximize their long-term gains.On the other hand, negative EV indicates a bet that statistically has an expected return lower than the invested amount.
In this case, it is considered an unfavorable bet as it will result in losses for the bettor in the long run.The formula to calculate EV is relatively straightforward: EV = (Probability of winning) x (Expected winnings) - (Probability of losing) x (Expected loss).
The values of expected probabilities and winnings/losses are determined based on statistical analysis, historical data, performance of the teams or athletes involved, among other relevant factors.By using an app that calculates EV, users can access valuable information to make informed decisions in their sports betting.
Through the analysis of probabilities and up-to-date data, the app can provide users with a clear view of which bets have EV+ and which ones should be avoided.With the help of EV, bettors can become more strategic in their choices, maximizing their long-term profit potential.
The app provides a competitive advantage by offering users a tool for analysis and decision-making based on solid information, helping them stand out in the world of sports betting.Therefore, EV+ and EV are essential concepts that allow users of your app to assess the potential profitability of their sports bets and make more informed and strategic decisions.
With a user-friendly interface and advanced features, your app becomes an indispensable tool for those looking to increase their chances of success in sports betting.
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Available for Android 8.0 and above