Positive EV Calculator
Last updated
Last updated
The +EV Calculator displays the current EV bet you've selected, showing the recommended wager amount determined by your Kelly Criterion value. Similarly to the arb calculator, this also works in tandem with the Wallet by monitoring the available funds you have on each sportsbook.
When an EV bet is displayed on the calculator, there are a few different functions to cover.
Let's go over the different functions of the Positive EV Calculator with an example of a game between the Ravens and the Steelers. After clicking the Bet Card, the calculator will populate with the game and bet details.
On the left side, we see (from top to bottom):
The Sportsbook involved
The Team involved
Current odds of the bet
Toggle button for turning auto odds on/off
Profitable indicator light on the left and right side of the calculator
On the right side, we see:
The recommended bet size (based on your Kelly Criterion)
Wager Lock toggle
In the center, from top to bottom:
League
Both teams
Bet type
Current Game Score/Time
Devigging Methods
Sharp Book Odds
There are three controls at the bottom we can access:
Format (swaps from odds format to probability percentage)
Track bet (adds the current bet to the bet tracker)
Share button for generating a share card of the current bet
Additionally, the expected profit is at the screen directly under the calculator.
When an EV bet is being displayed on the calculator, we simply follow the information it's presenting. Open the appropriate sportsbook, find the game, and place the recommended bet on the correct market. If the odds change on the bet, the wager will automatically update to ensure that you're profitable.
Additionally, you can change your devigging method directly on the calculator. Simply click one of the four options and your recommended bet amount will update.
Below the devigging methods is the odds of your sharp sportsbooks. At the far left, you'll see the current odds for both sides of the book you'll be placing the bet on. To the right of that is the average odds of all available sharp sportsbooks containing the bet. To the right of the average odds are the sharp sportsbooks, along with their current odds for both sides of the current bet.
Clicking any of the sharp books or the average odds will adjust the recommended bet amount.
Lastly, the format button swaps the odds to win probability percentage.
When an EV Bet is not selected, our calculator displays the custom EV bet screen.
In the center, we have the following input fields:
League Selection
Event Name
Market Name
Devig Method
Sharp Books Odds Input
On the Left of the calculator we can choose the sportsbook that we've placed a bet on along with:
Odds of both sides of the bet (over/under odds for example)
On the right side of the calculator we can input the amount we wagered.
This is an example of a completed custom EV bet ready to be tracked:
From here, we can click 'Track' to add it to our bet tracker. If we click 'Clear' we are returned to a blank Custom EV Bet Calculator and the custom fields are cleared. Additionally, we can click 'Share' to generate a share card of our custom EV Bet.
