$
>
Example: 0.32 for a 32¢ contract.
%
$
Payout Multiplier X:1
3.13
Perceived % to Lose
50%
Equity Needed
32%
Amount to Win (profit)
$212.50
Expected Value (EV)
$56.25
EV = (% Win × Profit) − (% Lose × Bet Amount)
Profit = (Bet Amount ÷ Contract Cost) − Bet Amount
Profit = (Bet Amount ÷ Contract Cost) − Bet Amount