We give real-time recs, you make wagers. Using the same instance above, if you assume -130 is the proper probabilities for the Eagles to win and the opposite side has probabilities of +110, we can calculate the Consensus No Vig Chances"-- also known as the price that sportsbooks would certainly provide if they weren't taking a cut.

While +free positive ev betting tool reddit wagers won't constantly win, they ought to mathematically profit over time if you consistently bet them. To absolutely comprehend favorable EV wagering, you initially need to understand suggested chance. In this case, your expected value is 50% as you'll win $1.50 ($2 x 0.75 + $0 x 0.25) with time.

Suggested chance is the chance that a bet will win based upon the probabilities from the sportsbook. If nearly every sportsbook has the Philly Eagles to win at -130 probabilities however one sportsbook has them at -105, we presume that -130 is the correct price, meaning there's worth at -105.

For example, on a common 2-way bet with both sides having -110 probabilities, your anticipated value is -4.55% or a loss of $4.55 on a $100 wager. While you won't usually locate 50% ROI bets on online sportsbooks, it's possible to locate ROIs varying from 1% to 10%+ quite often.