Simulation Controls
Adjust the parameters to simulate different betting strategies

Bankroll Settings

$1000

Betting Edge

-110

American odds (e.g., -110 favorites, +150 underdogs)

+2%
-10%0%+10%

Bet Sizing Strategy

Percentage of current bankroll for each bet

2%

Simulation Settings

Higher simulation values = more variance but slower calculation

Simulation Results
Run a simulation to see the results here

No simulation data yet.

Adjust the parameters and run a simulation to visualize results.

Betting Concepts Explained
Learn about key concepts in sports betting

Edge percentage represents your advantage (or disadvantage) in a bet. For even money odds (2.0), an edge of 5% means your expected value is 5% of your bet size. Positive edge means you have an advantage, while negative edge means the bookmaker has the advantage.

The true probability of winning with an edge of 5% at even money odds is 52.5% (calculated as (5/100 + 1)/2).

Example: With a 5% edge and $100 bet, your expected value is $5 per bet.