Answer: EV stands for expected value — the average profit or loss a bet would produce if you placed it many times. A positive-EV (+EV) bet makes money long term; a negative-EV bet loses. It equals your win probability times the profit, minus your loss probability times the stake.
Key takeaways
- EV is your long-run edge (or loss) per bet.
- +EV means profitable over time; -EV means not.
- Reduced juice turns more bets into +EV.
Why this matters
Sharp bettors bet on EV, not gut feel. Short-term results are noisy; EV tells you whether the process wins.
The Bet105 difference
A bet can win and still be -EV (you got lucky), or lose and be +EV (right process, bad luck). Judge your betting by EV, not by individual outcomes.
More questions
What is a +EV bet?
A bet whose expected value is positive, meaning it profits over the long run at your estimated probability.
How do I calculate EV?
Use our EV calculator: enter odds, your win probability, and stake.
Does reduced juice affect EV?
Yes. Lower juice means better payouts, pushing more bets into +EV.
Related guides
Related guides
Expected Value Betting · EV Calculator · Low Vig / Reduced Juice
About Bet105
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