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Positive EV Betting Tool: How to Find Profitable Picks with Outlier

In this video we break down "What is Positive EV?" in betting. After that Adam, explains how to use Outlier's positive EV betting tools and then goes through a few real life examples. What is Expected Value? Expected value is the difference between the true odds of an event happening and the sportsbooks' posted odds. Why Should Bettors Care About Expected Value? Positive expected value (+EV) betting helps bettors make more informed decisions about the bets to take and how to manage their bankrolls effectively. How Do You Find Positive Expected Value Bets? As described above, expected value is the difference between the true odds of an event happening and the sportsbooks' posted odds. So, in theory, identifying positive expected value bets is as simple as finding sportsbook odds that are more favorable to the bettor than the true odds. But, determining the true odds of an event and removing the "vig" from the sportsbooks odds to determine their expectations about an event happening is not so simple. This is even further complicated when calculating expected values of multi-leg parlays. Fortunately, Outlier has done the work for you. Betting on events with positive expected value doesn't guarantee immediate success, but it increases the likelihood of turning a profit over a substantial number of bets. Subscribe to learn more. Find Your Next Bet with Outlier. Get a 7 day free trial: https://outlier.bet/start-here