Expected Value Calculator

Deconstruct discrete wagering expectation using real-time probability and multiplier inputs.

Model Presets:

Win Probability P(Win) 48%

0% 50% 100%

Payout Multiplier (x) 2.0x

1.0x 5.0x 10.0x

Bet Amount ($) $10.00

Min: $1 Max: $10,000

Mathematical Expectation Breakdown

Formula: EV = (P(Win) * Payout * Bet) - ((1 - P(Win)) * Bet)

Expected Value (per round)

-$0.40

Unit expectation

Expected Value (100 rounds)

-$40.00

Law of Large Numbers

Theoretical Edge / ROI

-4.00%

Normalized Return

Real-Time Component Comparison: Stake vs Expectation

Bet Stake Expected Gain Expected Loss Net EV