How to use this calculator
- Enter every mutually exclusive outcome.
- Calculate total implied probability and margin.
- Use normalized probabilities as a no-vig estimate.
Worked example: Prices 2.10, 3.40 and 3.60 total about 104.81%, giving an overround near 4.81%.
Frequently asked questions
Does this calculator guarantee profit?
No. It only calculates the entered assumptions.
Can I use it for real bets?
Use it as an analytical aid and verify every input and market rule.