What is the vig (or juice)?

The vig is the bookmaker's built-in margin. Across all outcomes of a market the implied probabilities add up to more than 100%; that excess is the vig, also called juice or the hold.

How do you remove the vig from odds?

Convert every outcome to its implied probability (1/decimal odds), add them up, then divide each implied probability by that total so they sum to 100%. The result is the fair, no-vig probability.

What is a typical hold percentage?

A standard two-way market like -110 / -110 has about a 4.5% hold. Sharper books run 2-3%; softer markets and player props can be 6% or more.

No-Vig / Fair Odds Calculator

Strip the bookmaker's margin out of any 2-way or 3-way market to reveal the true fair price and the hold â€” exactly how our model prices every game.

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Fair probability = each side's implied probability Ã· the sum of all sides. The fair odds are 1 Ã· that fair probability. Bet only when your price beats the fair price.

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No-vig â€” quick answers

What is the vig (juice / hold)?

The bookmaker's built-in margin. Across a market the implied probabilities sum to more than 100% â€” that excess is the vig.

How do I remove it?

Convert each outcome to implied probability (1 Ã· decimal odds), add them up, then divide each by that total so they sum to 100%.

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No-Vig / Fair Odds Calculator

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No-vig â€” quick answers

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No-Vig / Fair Odds Calculator

We already know the fair price for tonight's games

No-vig â€” quick answers

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