Glossary
Expected Value
Betting glossary: Expected Value.
01
What is expected value?
Expected Value is a term used in sports betting to describe a specific pricing, staking or market concept. On this Xtabet glossary page we break it down in plain English and show how it affects your bets.
02
Why expected value matters
For any bettor moving past pure recreation, expected value is a concept you’ll see referenced by tipsters, sportsbooks and betting exchanges alike. Getting comfortable with it early saves money later.