Edge Calculator

Edge Calculator Info

The edge calculator shows the edge of your bet based on the odds and “true probability” of the event.

The Maximum Expected Growth or MEG is also displayed as an output for this calculator. MEG is explained in more detail on the Maximum Expected Growth Calculator page.

Odds
The odds of the bet.
Probability
The probability the bet wins.
Odds Format
Specifies the format used in odds fields.

Math

edge = bp-q
edge
The edge as a decimal.
b
The net fractional odds of the bet.
p
The probability the bet wins.
q
The probability the bet loses.

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