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Bettor Ed Vig/Hold Calculator

Enter the price on each side to get the vig

Frequently Asked Questions

Find answers to commonly asked questions about the EV Calculator

  • What is the Vig / Hold Calculator?

    • The Vig / Hold Calculator is a free sports betting tool that shows the bookmaker’s built-in margin, also known as the vig, juice, or hold.

    • This margin represents the sportsbook’s expected profit percentage from a market. By calculating the vig, bettors can see how much edge the sportsbook has and identify whether a bet offers fair value.

    • It’s especially helpful for U.S. bettors comparing odds at FanDuel, DraftKings, BetMGM, or BetOnline to find the best-priced lines.

  • How do you calculate the vig or hold?

    • Here’s how the Vig / Hold Calculator determines the sportsbook’s margin step by step:

    • Step 1: Convert odds to probabilities

      • For positive American odds (e.g., +150):
        Probability = 100 / (Odds + 100)

      • For negative American odds (e.g., -120):
        Probability = |Odds| / (|Odds| + 100)

    • Step 2: Add all implied probabilities

      • If you’re analyzing two or more outcomes (e.g., sides, totals, or props), sum all their probabilities:
        Sum = Probability 1 + Probability 2 + ... + Probability n

    • Step 3: Calculate the vig or hold percentage

      • Vig / Hold = ((Sum − 1) / Sum) × 100

      • This gives the bookmaker’s profit margin, showing how much extra percentage is built into the market. The higher the hold, the less favorable the odds are for bettors.

  • How does this calculator help me?

    • The Vig / Hold Calculator helps you instantly measure how much edge the sportsbook is taking on a market.

    • If you find that one book’s hold is lower than another’s, you’re getting a better price — meaning more of your stake goes toward expected value, not the house margin.

    • It’s also useful for exploring multi-way bets (like futures or props), where the total hold percentage typically increases with more selections.

    • By understanding the vig, bettors can make smarter comparisons, find no-vig fair odds, and identify opportunities with reduced margins that improve long-term profitability.

  • Why does it say Vig / Hold?

    • In sports betting, vig (short for “vigorish”) and hold describe the same concept — the bookmaker’s built-in profit margin.

    • This calculator displays that margin in percentage form so you can quickly see how much edge the sportsbook holds over the bettor. Knowing this number helps you make more data-driven decisions and avoid overpaying for lines.

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