How to Calculate EV in Sports Betting

Electronic Venture (EV) was originally designed for use in sports betting, but it has since found its way into the world of conventional wagering as well. Sometimes, the simplicity of the tool is its own biggest marketing pitch. Besides, the ease of use makes it ideal for newer customers. However, for experienced bettors, there are certainly perks to using an automated service like EV.

How To Calculate Effective Virility

When a bettor utilizes Virility to perform a calculation for them, it is usually to determine the effective virility (EV) of a horse. You may be familiar with the term, effective volume ( EV%), which is used to measure the potency of audio tracks and similar files for the purpose of online streaming. Basically, the term means the total amount of activity a horse has exhibited on a given day, factoring in their apparent strength.

While it may seem straightforward enough to calculate the EV of a horse, it is actually a rather complex process. To begin with, you will need to gather data on that horse. This could include examining historical betting patterns on the animal or talking to other knowledgeable individuals about their strengths and weaknesses. Once you have a clear picture of the horse, it’s time to calculate their effective volume. This will take some research and a bit of guesswork on your part, but following a set of simple guidelines will make the process less arduous. 

The Basics Of Calculating Effective Virility

The first step in calculating the effective virility of a horse is to determine the threshold volume, or the lowest volume a horse must reach in order for you to consider that they have effectively “aroused” the crowd. This is known as the minimum effective volume (MEV). If a horse reaches their MEV and then some, this means they have not only been physically active, but that they also seem strong enough to carry out their intended actions, such as mounting a defense or engaging in a head-to-head clash. If a horse’s MEV is greater than 90% of their maximum volume (MV), then this is generally a good thing for the bettor. A healthy horse will often reach their MV several times a day, so this is usually indicative of a horse that is ready to perform.

Once you have determined the minimum effective volume for a particular horse, it is time to calculate their effective volume. Start by measuring their total activity level for a given day. This can be obtained from daily summaries sent to you by the software, or you can directly measure the overall activity of the horse using the Activity tab on their profile page. The former is usually a more convenient option, as these summaries are usually provided to you in the form of an easy-to-read text file that is rather unformatted, which makes reviewing it far more convenient. 

Once you have the daily activity figure in hand, it’s time to calculate their effective volume for that day. Simply divide the total activity level by the threshold volume and multiply this figure by 100 to obtain the percentage of their maximum volume they reached that day. To determine the absolute volume, you will then need to subtract the effective volume from the overall maximum volume. This process is rather straightforward and needs little explanation.

Three Tips For Calculating Effective Virility

There are three tips that can help you determine the effective virility of a horse with greater accuracy. First, make sure that the measurement is taken from a representative sample of the horse’s activity. This means that you should not rely on just one measurement but rather average the result of several tests or observations. Second, take into account the environmental conditions under which the measurement was taken. For instance, if you are measuring a horse’s activity in the elevated stature of a race track, this will cause them to exhibited higher volumes than they would in a meadow or pasture. Third, make sure that you are using a legitimate source for the data. This means that you must not use random internet forums or rumor-gathering websites to compute this figure, as these may inaccurately reflect the horse’s true potential. Instead, you should rely on published materials, such as hardcopy writings or audio-visual recordings that can be verified by other sources.

The Case For Using EV In Sports Wagering

Considering the growing popularity of EV in the sports betting world, it is rather surprising that the tool is still not available at all online sportsbooks. This is mainly because it is rather difficult to find a good source for verified data on a horse, especially if you are looking for something that is entirely automated. With EV, all the data necessary for the calculation are already present on the horse’s profile page, which can be accessed directly through the internet. This makes it a rather convenient alternative to having to sift through mass of unformatted text or search through multiple websites for verified results.

The Simplicity Of Using EV In Sports Wagering

One of the major appeals of EV is how quick and simple it is to use. For instance, if you wanted to compute the EV of a horse named Betty Flanders, all you would need to do is type her name into the search bar and hit enter. While this may not sound like a complex procedure, under normal circumstances, a human being would have to log in to their account and navigate through at least three windows (one for each state where they wanted to place a race bet) just to perform this simple calculation.

The Perks Of Using EV In Sports Wagering

For those who do not mind betting on a single horse race per day, EV offers a clear advantage in terms of simplicity and speed. If you spend a lot of time waiting for data to load or processing information, you may as well just use a tool like EV to perform your bets and see how the numbers play out. From a simplicity standpoint, it is rather unfortunate that EV is not more popular in the sports wagering world because of its obvious advantages.