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Guide · walkthrough

How to read a pick.

Every SlipHound pick answers two questions: who’s likely to win, and is the price worth it? Here’s each part, using an example.

EXAMPLE PICKValue bet
Our chance55%
Odds +110 imply47.6%
0.55 × 2.10 − 1+15.5% value
Seven parts

Every number, explained.

Example values shown in green.

Win chance01
Hawks 70%

How often our model expects this team to win a game like this. 70% means about 70 times out of 100 — so it still loses about 30.

SlipHound pick02
Hawks

The side our model favors. A favorite isn’t automatically a good bet — that depends on the price.

Odds03
−180

The sportsbook’s price. −180 means you risk $180 to win $100; +150 means you risk $100 to win $150.

Implied / no-vig chance04
64% / 62%

The chance the odds suggest. “No-vig” removes the sportsbook’s built-in cut so it can be compared fairly with our chance.

Value (EV)05
+8.9%

Expected return per dollar if our chance is right. +8.9% means about $8.90 profit per $100 over many similar bets. Negative EV means the price is too short.

Projected score06
116 – 108

Our expected final score. Spread and total picks come from comparing this with the sportsbook’s lines.

Form, head-to-head & trends07
Last 10, ATS 6-4

Context: recent results, past meetings, and how each team has done against the spread and total.

Putting it together

Say our model gives a team a 55% chance and the sportsbook offers +110. The odds imply about 47.6%, so we think the team wins more often than the price assumes. Expected value: 0.55 × 1.10 − 0.45 = +15.5%. That’s a value bet — even though the team is close to a coin flip.

Now flip it: a 77% favorite at −400 implies 80%. The team is likely to win, but the price is too short, so the EV is negative. Picking winners and finding value aren’t the same thing — sharp bettors care about the second one.

LIKELY WINNER, BAD PRICE77% favorite at −400

The odds imply 80%. The team usually wins, but the price asks for more than that.

−3.8% value
CLOSE GAME, GOOD PRICE55% chance at +110

The odds imply 47.6%. A near coin flip, but it wins more often than the price assumes.

+15.5% value
Tip: one bet tells you little. EV pays off over hundreds of bets, so stake sizes you’re comfortable losing. Try the EV calculator.
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