We provide real-time recs, you make bets. Using the same example above, if you assume -130 is the right odds for the Eagles to win and the opposite side has odds of +110, we can determine the Agreement No Vig Chances"-- also known as the price that sportsbooks would provide if they weren't taking a cut.

While +EV bets won't always win, they must mathematically profit over time if you constantly bet them. To truly understand favorable free positive ev betting tool reddit wagering, you first must understand implied probability. In this case, your anticipated value is 50% as you'll win $1.50 ($2 x 0.75 + $0 x 0.25) with time.

Implied chance is the possibility that a wager will win based upon the probabilities from the sportsbook. If nearly every sportsbook has the Philly Eagles to win at -130 probabilities yet one sportsbook has them at -105, we presume that -130 is the right price, meaning there's value at -105.

For example, on a typical 2-way wager with both sides having -110 chances, your anticipated value is -4.55% or a loss of $4.55 on a $100 bet. While you will not frequently locate 50% ROI bank on online sportsbooks, it's possible to find Return of investments ranging from 1% to 10%+ quite often.