Below we have a middle bet calculator and also some more information about middling bets in general. Expected value is a mathematical concept used to judge whether calling a raise in a game of poker will be profitable. When an opponent raises a pot in poker, such as on the flop or river, your decision whether to call or fold is more or less completely dependant on expected value.
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Let’s say boxer Gennady Golovkin receives 8/13 odds in an upcoming fight with Canelo Alvarez. These odds suggest that if this fight happened 21 times (8 + 13), Golovkin would lose 8 bouts and win 13. If you think their chance of winning is higher than that, this bet is worth serious consideration.
The Hunt For Value In Sports Betting
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Percentage Increase Calculator
The calculator form uses pounds, but the results are accurate even if your account currency is not in GBP for some reason. The Kelly Criterion is a formula to determine the proper size of a bet with known odds and a definite payout. With hand waving and basic math you can also use it to help guide your investment decisions. The free arbitrage calculator is extremely user friendly and can be used to calculate the ideal stakes for your arbs to ensure that you return the same profit regardless of the outcome. In the case of the example hand, we have pot odds of 28% and we have equity of 18%. If the equity is less than the pot odds we should not call as it would be unprofitable; conversely if we had more than 28% equity we can make the call as it would be profitable to do so.
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Standard Form Calculator
The Expected Value calculator provides you with the expected value and expected ROI of your bet. Our middle calculator allows you to enter the odds values at two different sportsbooks to determine your middle bet opportunity. We allow you to enter your stake, as well as the spread or total amount you are betting on. This is so that you can see exactly how much money you can win if your middle hits and the amount you may lose if it misses.
The tables above show the calculations of the expected maximum number of winning and losing streaks, depending on the expected hit rate . 2For winning streak calculations use the positive value (i.e. the probability of winning). For losing streak calculations use the negative probability value. For example, if the probability to win the bet is 33% then the probability that the bet loses is 67%.