Expected value
Expected value is calculated by multiplying your probability of winning a bet by the bet size and subtracting the probability of losing that bet by the amount you would lose.
Below is the EV for several winning percentages and unit sizes for 200 bets minus the cost of 200 RAS credits ($3,495).
Expected value for 200 bets minus cost of service | ||||
---|---|---|---|---|
$1,000 | $2,000 | |||
54.5% | $5,405 | $14,305 | ||
55.69%* | $10,403 | $24,301 | ||
56.5% | $13,805 | $31,105 | ||
57.59%** | $18,383 | $40,261 | ||
58.5% | $22,205 | $47,905 |
*RAS college basketball win rate last 5 years (650-459, +95.75 units)
**RAS college football win rate last 5 years (273-201, +55.30 units)
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