Sports Analytics
Expected Value in Sports Betting
Expected value is the average result of a bet repeated forever. It is the only number that separates a good bet from a bet that happened to win.
6 min read
Author
BestSlip Analytics Desk
The analytics desk covers the measurement side of betting — implied probability, vig removal, expected value, return on investment and sample size. The work is descriptive: it explains how a number is calculated and what it can support, never what anyone should wager.
4 articles
Betting Strategy
How to Remove the Vig From Betting Odds
A posted price is two things at once: the sportsbook's estimate of a probability, and its charge for taking the bet. Separating them is the single most useful calculation in betting.
Updated 5 min read
Sports Analytics
Tracking Your Bets: The Metrics That Matter
Nobody remembers their betting record accurately. The wins are vivid, the losses blur, and the net figure people quote is reliably too good.
5 min read
Parlay Betting
How to Calculate Parlay Payouts
Parlay payouts look generous until you notice that the sportsbook's margin is applied to every leg and then multiplied. Here is the arithmetic, and what it costs.
Updated 5 min read
About the author
BestSlip Analytics Desk
Odds & Analytics
The analytics desk covers the measurement side of betting — implied probability, vig removal, expected value, return on investment and sample size. The work is descriptive: it explains how a number is calculated and what it can support, never what anyone should wager.
All articles by BestSlip Analytics Desk