We give real-time recs, you make wagers. Using the same example above, if you presume -130 is the right chances for the Eagles to win and the other side has odds of +110, we can compute the Agreement No Vig Chances"-- aka the cost that sportsbooks would certainly offer if they weren't taking a cut.

While +EV bets will not always win, they ought to mathematically turn a profit in the long run if you regularly wager them. To genuinely recognize positive EV safest betting strategy, you initially have to recognize implied possibility. In this situation, your anticipated worth is 50% as you'll win $1.50 ($2 x 0.75 + $0 x 0.25) gradually.

Suggested probability is the possibility that a wager will win based upon the odds from the sportsbook. If nearly every sportsbook has the Philly Eagles to win at -130 chances however one sportsbook has them at -105, we think that -130 is the correct rate, indicating there's worth at -105.

Event: The video game, league, time, and day. To locate Positive EV bets (+EV wagers), we keep track of lines from online sportsbooks to discover mispriced probabilities and lines that should return an earnings in time. A favorable EV bet is one that has a positive anticipated return on investment based upon the odds.