Odds Converter & Expected Value
Enter a price, an optional opposite price, and a stated model probability. The calculator shows raw implied probability, two-way no-vig, and expected value per unit. It does not recommend a wager and does not promise profit.
For mathematical modeling only. Not financial or wagering advice. EdgeSlate does not accept bets or handle funds.
Odds, no-vig, and expected value
Convert an American price, remove two-way juice, and compare a stated model probability with that price. Outputs are illustrations of the inputs you typed, not a recommendation.
Inputs
Outputs
- Decimal price A
- 1.909
- Raw implied probability A
- 52.38%
- No-vig probability A
- 50.00%
- No-vig probability B
- 50.00%
- Two-way overround
- 4.76%
- Expected value per 1 unit on A
- 0.0004
Positive expected value is not promised profit. The result is only as reliable as the probability you supply. EdgeSlate does not accept bets or handle funds.
EdgeSlate provides analytical research and probability-based projections. Sports outcomes remain uncertain, and historical results do not guarantee future performance.