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.
- 1Enter the best available odds for both sides of the market.
- 2Let the calculator remove the combined overround.
- 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%.