What Is Expected Value (EV)?
beginner6:00getting started
Coming soon
Recording queuedWe're recording this lesson. In the meantime, the full written guide is linked below.
Walks through the definition of expected value, why +EV matters even when individual bets lose, and how to tell a +EV bet from a coinflip. Ends with a worked example you can follow along with.
Lesson objectives
- Define expected value without jargon overload.
- Walk one +EV versus break-even betting example.
- Show why edge matters even when short-run bets lose.