No-Vig Fair Odds Calculator
Quick Facts
- Removes vig to show fair probabilities and prices.
- Inputs: market odds (any format).
- Outputs: no-vig probabilities and fair odds.
How to use
Steps
Add all market odds. The tool rescales probabilities to 100% to show no-vig results and fair prices.
Formula & definitions
Formula: FairProbįµ¢ = (ImpliedProbįµ¢ / Ī£ ImpliedProb); FairOddsįµ¢ = 1 / FairProbįµ¢
- Fair Odds
- Price with margin removed.
- Implied Probability
- 1 / decimal odds.
No-Vig / Fair Odds Calculator
| Odds | Implied Prob (w/Vig) | No-Vig Fair Odds | Implied Prob (No-Vig) | |
|---|---|---|---|---|
0.00% | ā | 0.00% | ||
0.00% | ā | 0.00% |
What Are No-Vig (Fair) Odds?
Fair oddsāalso called No-Vig Oddsāremove the sportsbook's margin (vig) from market odds. The result? You see the true probability for each outcome, so you can spot real value and +EV bets.
How Do Fair Odds Work?
Every sportsbook includes a margin (vig) to guarantee a profit. This margin inflates the sum of implied probabilities above 100%.
Our calculator rescales those probabilities back to 100%, so you get the true odds for each outcome if there were no margin at all!
- Input sportsbook odds in any format
- See both implied probability (with vig) and no-vig probability
- Compare fair odds to actual odds to find value bets
Why Use the Oddsy No-Vig Odds Calculator?
- Enter odds for each outcome (Decimal, American, or Fractional).
- Compare bookmaker's probabilities vs. fair probabilities instantly.
- Use the āNo-Vigā odds to calculate real +EV opportunities and maximize your edge.
- Sharpen your betting strategy and always know the true value.
Tip: Always compare no-vig fair odds to the sportsbookās oddsāonly bet when you have an edge!
For deep-dives into margin, check out our Vig Calculator.