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Vig Calculator

-vig (bookmaker margin)
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Overround
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Fair prob. A
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Fair prob. B

The vig, short for vigorish and also called the juice, is the built in commission a sportsbook charges by pricing both sides of a market so their implied probabilities add up to more than 100 percent. That excess, known as the overround, is the books theoretical edge. This calculator takes the odds on both sides of a two way market, converts them to implied probabilities, and reports the total overround, the vig percentage and each sides fair probability once the margin is removed. Comparing the vig across books shows you where the sharper, lower cost lines are. Enter American or decimal odds for each side to break down the margin. Everything is calculated in your browser.

How to use Vig Calculator

  1. Enter the odds for both sides of a two-way market.
  2. Read the vig and the total overround.
  3. Read each side fair no-vig probability.

Frequently asked questions

What is the vig?

The vig, or vigorish, is the sportsbook built-in margin; it is the amount by which both sides implied probabilities add up above 100 percent on a two-way market.

How does it find the fair no-vig probability?

It sums both sides implied probabilities, which exceeds 100 percent, then divides each side by that total so the two fair probabilities add to exactly 100 percent.

Why does the vig matter to a bettor?

The vig is the built-in cost of betting, so a lower vig market keeps more of your expected return; the tool reports the overround so you can compare books.

What is Vig Calculator?

The vig, short for vigorish and also called the juice, is the built in commission a sportsbook charges by pricing both sides of a market so their implied probabilities add up to more than 100 percent. That excess, known as the overround, is the books theoretical edge.

Is Vig Calculator free to use?

Yes. Vig Calculator is completely free, with no sign-up and no usage limits.

Does Vig Calculator work in a web browser?

Yes. Vig Calculator runs in any modern web browser. There is nothing to download or install.

Is my data private with Vig Calculator?

Yes. Vig Calculator runs entirely on your device in your browser, so nothing you enter is uploaded to a server.

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