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How Does Expected Value (EV) Work in Sports Betting?

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What is expected value in sports betting and how does it affect my betting strategy?

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Expected value (EV) in sports betting is what you can expect to win on average over time, not necessarily what you're guaranteed to win in each bet. It's calculated by considering the probability of an outcome and the price you're getting. A positive EV means the price is better than the probability, indicating a valuable bet. Sharp bettors look for these positive EV opportunities to make a profit in the long run.
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