Automatic translation

Assessed contributions and expected value in MMA

Basic guide to assess whether a fee has real value before betting.

1) Implicit probability of a decimal fee

In decimal format, the implied probability is calculated as 1 / quota. If the quota is 2.00, The implicit probability is 50%.

Formula: Implicit probability = 1 / quota

2) What is the expected value (VV)

The expected value estimates the average gain or loss of a long-term bet. A bet has value if your estimated probability is greater than the implied share.

Formula per unit wagered: EV = (p × quota) - 1

Where p is your estimated real probability (between 0 and 1).

3) Practical example

If a quota is 2.30, its implicit probability is 43.48%. If you estimate the fighter wins 48% of the time, then Ev = (0.48 × 2.30) - 1 = 0.104. That's equivalent to +10.4% per unit in expectation.

4) Where the gambler error usually is

  • Confused high quota with “value” automatically.
  • Do not adjust the estimation by matching styles.
  • Ignoring the margin of the house.
  • Overlay the last combat (recense bias).

5) Simple operating rule

Before betting, define a probability of your own. If you can't justify it with style, rhythm and defense data, there is no "pepper." No estimate, no "ev.