No-Vig Fair Odds Calculator

Remove the market margin from both sides to estimate fair probabilities and prices.

Market prices

Fair market

Outcome 1 fair odds

-164

62.11%

Outcome 2 fair odds

+164

37.89%

Market overround

3.50%

This proportional method removes the margin evenly from both implied probabilities so the fair market totals 100%.

How to use the No-Vig Fair Odds

A no-vig calculation removes the sportsbook margin and normalizes both sides of a market to 100%. The result is a cleaner estimate of the market's fair price.

  1. 1Enter the best available odds for both sides of the market.
  2. 2Let the calculator remove the combined overround.
  3. 3Compare the fair prices with the odds available to bet.

Formula and assumptions

Fair probability = side implied probability / total implied probability across all sides.

This proportional method distributes the margin evenly by implied probability. Other de-vig methods can produce slightly different fair prices.

No-Vig Fair Odds calculator FAQ

Answers about this free no-vig fair odds calculator, sports betting odds, payouts, and the math behind each result.

What are no-vig odds?

No-vig odds are estimated fair prices after removing the sportsbook's built-in margin from every side of a market.

Can fair probabilities add up to more than 100%?

Not after normalization. Properly calculated no-vig probabilities across a complete market add up to 100%.