BETTING MATH · ODDS

Betting margin calculator

Enter decimal odds for each outcome to calculate the implied probability total and bookmaker overround.

BOOKMAKER OVERROUND

0%

Sum of implied probabilities minus 100%

Implied probability total 0%

Outcome 1 probability 0%

Outcome 2 probability 0%

Outcome 3 probability

How betting margin is calculated

For decimal odds, implied probability is one divided by the odds. Add each outcome probability, then subtract 100% to find overround.

Overround = (1 ÷ odds₁ + 1 ÷ odds₂ + … − 1) × 100

Static examples

OddsImplied totalOverround
2.00 / 2.00100%0%
1.91 / 1.91104.71%4.71%
2.50 / 3.20 / 2.80107.04%7.04%