SMARTSCANER

What are positive expected value bets?

Positive expected value bets (or +EV bets, from the English expected value) are those in which the mathematical probability of winning and the potential profit exceed the cost of the bet. In other words, these are bets that will generate profit for you in the long term, even if the individual results may be unpredictable.

A particular case of positive expected value bets is betting on overvalued odds (value bets).