Why Expected Value Matters

Expected value, or EV for short, could be the easiest way for new bettors to find great bets. Understanding all these other words and terms is essential, but a bettor with a good understanding of EVs can survive. What are your expectations for sports betting? This measures what a bettor can expect to win or lose against repeated bets with the same odds. A positive expected value (+ EV) means an increase over time, and a negative value (-EV) implies a loss over time. Obviously, the higher the EV, the higher the value of the bet. New sports bettors at …