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Margin Calculator

Calculate the bookmaker's edge on any market, or load real match odds from our database.

Enter the odds for every outcome of a market to see its margin.

What is bookmaker margin?

Bookmaker margin — also called the overround or vig — is the built-in cut a book takes by pricing every outcome of a market slightly short of its true probability. When you add up the implied probabilities from every price in a market, a fair market totals 100%; the amount over 100% is the margin. This calculator turns your odds into that percentage and strips it out to show the no-vig "true" odds and implied probabilities behind the prices.

How to use it

  1. 1
    Enter every outcomeType the decimal odds for each outcome of the same market — both sides of a 1X2 or moneyline, or all selections in a longer market.
  2. 2
    Read the marginThe tool sums the implied probabilities and shows how far over 100% the market runs, which is the bookmaker's margin.
  3. 3
    Compare and de-vigUse the no-vig true odds to gauge fair value, and run the same market at another book to see which one charges you less.

Why margin matters

The margin is the bookmaker's edge baked into every price, so a lower margin means more of the true value stays on your side of the bet. Comparing the same market across books quickly shows which one is pricing it tightest. Margins vary a lot by sport, league and market depth — top football and tennis are often keenest, while niche outrights carry the most vig. A low margin improves your odds but never guarantees a winning bet.

A worked example

Take a two-way market priced 1.95 / 1.95. Each side implies 1 / 1.95 = 51.28%, so the market totals 102.56% — a margin of 2.56%. Removing the vig splits the 100% fair line evenly, giving no-vig true odds of 2.00 / 2.00 (50% each). A sharper book at 2.00 / 2.00 would carry no margin at all.

Margin FAQ