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Track your bets like the pros and use OddsJam's bet tracker. Arbitrage. Half Point. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. Let’s say a sportsbook sets the “total runs” market at -110 odds for over 8 runs and -110 odds for under 8 runs. Odds Converter. The OddsJam expected value calculator (EV calculator) determines your profit margin over the sportsbook for a given wager. Half Point. No-Vig Fair Odds. No-Vig Fair Odds. Expected Value. Parlay. We set the bet amount to $100, but you can enter any amount you want as long as your bankroll can handle it. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. Our tools can help you turn a $250 sportsbook credit into $200+ cash. 7 day FREE trial. Check the latest NFL betting news and insights! Analysis, scores, expert picks and predictions for all upcoming NFL games and events. 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Hi sports bettors- Over the last 5 months, I have used OddsJam for arbitrage and positive EV sports betting and have made about $3k per month. $ 306 /month value. Arbitrage exists because bookmakers set their odds independently; in other words. Alex Monahan is the co-founder of OddsJam. Start your 7 day FREE trial. Designed to help you find an edge sports betting. Arbitrage. The OddsJam Arbitrage Tool has a calculator icon that will show you exactly how much to wager on each sportsbook and what your risk-free profit will be. The Kelly criterion model works off a precise winning percentage. g. Parlay. No-Vig Fair Odds. Expected Value. Here let’s say we want to risk $500 on BetAnySports: The calculator says that if we risk $588. Place the bets on both outcomes at the odds and stakes recommended by the OddsMatcher. Parlay. Let’s detail the steps below. 2. Half Point. 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