Vig Calculator

See how much pricing margin is embedded in a two-sided sportsbook market.

Two-way market

Embedded price margin

Vig

4.76%

Book percentage

104.76%

Outcome 1 implied

52.38%

Outcome 2 implied

52.38%

Lower is better for the bettor. A negative number means the best prices create an arbitrage opportunity.

How to use the Vig Calculator

Vig is the pricing cost built into a sportsbook market. Measuring it helps you compare the same market across books and understand your break-even hurdle.

  1. 1Enter the odds for both outcomes.
  2. 2Review the market's total implied probability and vig.
  3. 3Compare normalized prices with available sportsbook offers.

Formula and assumptions

Market vig = total implied probability - 100%. Normalized fair probabilities divide each side by the total.

The calculator evaluates the entered snapshot. Prices can move and different market-making models may allocate vig unevenly.

Vig calculator FAQ

Answers about this free vig calculator, sports betting odds, payouts, and the math behind each result.

Why do -110 and -110 include vig?

Each side implies 52.38%, so together they total 104.76%. The amount above 100% is the market margin.

Is lower vig better for bettors?

Generally, yes. Lower vig reduces the win rate needed to break even over a large sample of similar wagers.