How To Read The Positive Expected Value Tool

Users who are not yet familiar with the concept of positive expected value should first read our article on the topic, which can be found here.

Hide Button: Clicking this will hide the present wager from appearing across all optimizer pages. You can unhide it by going to the “Hidden” page in the “More” menu.

Similar Bets: When hovered, displays bets that have been placed already on that game. Will not display if no bets have yet been placed on that game.

Screen Button: Clicking this will take you to the odds screen with only the present market displayed. This is useful for comparing odds across different lines for the same market.

EV: This is the “expected value” you can expect to achieve by placing this wager, according to our algorithm.

Weight: Ignore this unless you have set up weights in the advanced settings page, which will be explained in more detail below.

Kelly: A statistically optimized bet sizing based upon the kelly criterion, which can be read about in more detail here . Based upon the bankroll and kelly multiplier set in the “Settings” page under the “Management” section.

Table view: Helpful for those who wish to see a high quantity of bets on one page. The hide, screen, and similar bets button can be used from the screen by clicking on a given row. Columns are resortable.

Our site allows users to create their own devig calculations by settings weights from the advanced settings page. Setting the weight of FanDuel to 1, and selecting MLB for league and Player Props for market will cause all MLB player props to be devigged exclusively to FanDuel. If you were to then also set the weight of Caesars to 1, the market would be devigged equally to both Caesars and FanDuel. Checking the required box ensures that the selected book has odds in order for any data to display for the selected league/market. Setting a minimum/maximum weight ensures that the sum of the present weights (books where you have set weights that have 2-way odds) falls between the inputted range. For example, if you set the weight of FanDuel, Caesars, and DraftKings to 1 and minimum weight to 2, then 2 out of those 3 books would need comparison odds for data to display.

Please note that if you create advanced settings with overlap (2 different settings that cover the same market/league) then the most recently created setting will be applied.