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Sportsbook Basics
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Home › Calculators › Vig and hold calculator

Vig and hold calculator

Enter the odds for every outcome of one market (two outcomes, or three for markets with a draw) to see the margin built into the prices.

Last verified: . Education only, not betting, legal or tax advice.

How it works

The "vig" (also called juice or margin) is the sportsbook's built-in cut. If the implied probabilities of all outcomes in a market add up to more than 100%, the extra is the margin (the "overround"). "Hold" restates that as a share of the money wagered if wagers balance. "Margin removed" probabilities rescale the implied probabilities to total 100%; that is arithmetic, not a forecast of who will win.

The math

Worked examples

What this calculator does not do: it does not tell you what to bet, whether a bet is good value, or how likely any real game outcome is. It only does arithmetic on the numbers you enter, in your browser; nothing you type is sent or saved.