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MarketsToolsTradersActivity

Expected Value Calculator

Calculate the expected value, edge, and optimal bet sizing for prediction market positions.

Your Analysis

50%
1%50%99%
50¢
1¢50¢99¢
Expected Value
+$0.00

This bet has negative expected value based on your probability estimate.

Your Edge
0.0%

vs market price

Kelly Criterion
0.0%

of bankroll

If You Win
+$100.00

Total: $200.00

If You Lose
-$100.00

Your full stake

Quick Comparison

BUY YES
EV: +$0.00
Edge: 0.0%
BUY NO
EV: +$0.00
Edge: 0.0%

How to Use This Calculator

Expected Value (EV) tells you the average profit or loss per bet if you made this bet many times. Positive EV means you have an edge over the market.

Kelly Criterion suggests what percentage of your bankroll to bet based on your edge. Most traders use half or quarter Kelly for safety.

Your Edge is the difference between your probability estimate and the market's implied probability. A positive edge means you think the market is mispriced.