Positive Expected Value (EV) betting is a strategy that identifies bets where the probability of winning is higher than what the bookmaker's odds suggest.
Expected Value is a mathematical concept that helps determine whether a bet is profitable in the long run. A positive EV bet means you have an edge over the bookmaker.
Let's say a bookmaker offers odds of 2.00 for a team to win. If you calculate that the team has a 55% chance of winning:
Top-down EV betting is a more sophisticated approach that compares odds across multiple bookmakers to find the true market probability.
Bookmaker A offers the best odds (2.20)
This average represents the market's true probability
A positive EV of 4.92% means you have a mathematical edge
Top-down EV betting is more accurate than single-bookmaker analysis because it uses the wisdom of the crowd to determine true probabilities. The more bookmakers you compare, the more accurate your market probability becomes.
To start positive EV betting, you need:
Oddsentry provides advanced tools to identify positive EV opportunities and calculate true probabilities across multiple esports markets.
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