Can ELO ratings be used to calculate the expected value for betting purposes? If so, how is it calculated? - Quora

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Last updated 12 abril 2025
Can ELO ratings be used to calculate the expected value for betting  purposes? If so, how is it calculated? - Quora
Answer (1 of 5): Yes, ELO ratings can be used to calculate the expected value for betting purposes. The ELO rating system, originally developed for chess, has been widely adopted in various competitive fields, including sports. It provides a quantitative measure of the relative strength of two op
Can ELO ratings be used to calculate the expected value for betting  purposes? If so, how is it calculated? - Quora
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Can ELO ratings be used to calculate the expected value for betting  purposes? If so, how is it calculated? - Quora
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