Free calculators

PP, Edge and CLV calculators

Compare a sportsbook price with a fair reference price, or check whether the price you obtained beat the effective closing reference. Calculations run locally in your browser and use no API credits.

Price value

PP and Edge

Enter decimal odds from a sportsbook and the fair reference price for the same selection.

Edge
+5.00%
Probability gap
+2.38 PP
Signal classification
HIGH

Edge: (sportsbook odds ÷ fair odds − 1) × 100.

PP: (1 ÷ fair odds − 1 ÷ sportsbook odds) × 100.

LOW < 0.75 PP · MEDIUM 0.75–1.74 PP · HIGH ≥ 1.75 PP.

Closing price quality

CLV

Compare the decimal odds you obtained with the effective closing reference price.

Price CLV
+5.00%
Probability difference
+2.38 PP

Price CLV: (odds obtained ÷ closing reference odds − 1) × 100.

A positive result means the obtained price was higher than the closing reference price.

Results are most meaningful when the closing reference is effective and de-vigged rather than a single raw sportsbook quote.

Want the engine to calculate this across live markets?

Edge Market Wire evaluates PP, Edge and closing-price quality automatically. Live access is currently free during Beta.

How to interpret the results

Low is a positive probability gap below 0.75 PP. It can still represent value; the band describes the size of the gap, not certainty.

Medium covers 0.75–1.74 PP. High begins at 1.75 PP.

Edge, PP and CLV describe price quality. They do not guarantee that an individual selection will win or produce a profit.