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 bring profit in the long term, even if the specific results may be unpredictable.

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