Fair Odds Calculator 2025: Remove Vig & Find True Betting Value

Fair Odds Calculator

Remove bookmaker margins (vig/juice) to reveal true probabilities and no-vig odds. Identify +EV betting opportunities instantly.

Fair Odds & No-Vig Calculator

Enter odds for a 2-way or 3-way market to calculate fair odds, true probabilities, and bookmaker margin.

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What Are Fair Odds?

Fair odds (also called no-vig or true odds) represent the real probability of an outcome without the bookmaker's built-in margin. Sportsbooks add vig to ensure profit, inflating implied probabilities above 100%.

By removing this juice, you can compare offered odds to fair value and spot positive expected value (+EV) bets where the sportsbook price is better than the true probability suggests.

How to Use the Fair Odds Calculator

This tool removes vig from any 2-way or 3-way market to show true probabilities and fair odds in your chosen format. It's essential for line shopping, value betting, and building multi-leg strategies.

When combining multiple value bets into larger wagers, use our advanced Parlay Calculator to accurately compute combined payouts, break-even rates, and total expected value. It supports up to 15 legs with custom odds input, helping you evaluate whether stringing +EV legs together creates even greater long-term profitability.

  • Select market type (2-way or 3-way) and odds format.
  • Enter the sportsbook odds for each outcome.
  • Click "Calculate" to see fair odds, true probabilities, and vig percentage.
  • If offered odds are better than fair odds on any side, that's a +EV opportunity.

Fair Odds Calculator • Free tool for responsible bettors.

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