ODDSMANCER TOOLS — Romancing the Odds

Does My Bet Have Value?

Your probability vs the price — green, amber or red

A bet has value when you rate its chance higher than the price implies. Enter the odds you can get and your own win probability.

Your bet

%
Minimum edge for a green flag
?
Waiting for numbers
Enter the odds and your probability above.
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Edge
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EV per 1 staked
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Implied probability
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Your fair odds
Price implies
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Your estimate
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Remove the bookmaker margin No-vig

Enter the prices of the other outcomes in the same market to see the bookmaker's margin and the market's own fair probability for your pick.

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Bookmaker margin
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Market fair %
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Market fair odds
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EV at market fair %

Size it with Kelly Stake
%
Hard cap, % of bankroll (blank = none)
Kelly fraction
Most bettors use ¼–½ Kelly
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Full Kelly
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Your stake %
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Stake
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Expected profit

How the flag is decided

The price implies a win probability of 1 / decimal odds. Your edge is your probability minus that, in percentage points; expected value is what you make per 1 staked on average: EV = p × d − 1

Removing the margin

Implied probabilities across a whole market add up to more than 100% — the excess is the bookmaker's margin (overround). Dividing each by the total gives the market's fair, vig-free view (proportional method). If your price still shows positive EV against that, you are beating the market's own consensus, not just your own model.

The verdict always measures against the price you can actually bet, margin included.