For the fair odds approach, for example, stick with an odds bet online gambling uk sites boost, which can help you increase the available odds on the wager you want to make closer to the true odds (or even better).

Sky Bet Exclusive

It also means that you can quickly find the best odds for your chosen bet when you cross-compare between sportsbooks. The best sportsbooks already give you some of the lowest vig around, making your efforts to bet with the fairest odds already far easier. However, this doesn’t mean it’s not worth checking to see which of the top dogs offers you the best odds for the game. It just makes cross-comparing sportsbooks that much faster. To help you start out with the best of the best, offering some of the most competitive odds, check out some of the best bookies: Bonus: Up to £100 extra with a 100% Profit Boost Our calculator handles all those pesky formulas for you, but it can only do so much.

Lay Stake, Lay Liability and Exchange Commission

You still need to use the calculator correctly to get accurate, usable results. To help you do just that, we’ve put together a few key tips that you’ll want to keep in mind when using our calculator. Our fair odds calculating tool only works with two-option events, so sports where there’s a winner or a loser, with no draw. If this doesn’t suit the type of event you want to bet on, however, don’t worry. We have other available calculators for three or more outcome events (like horse racing or games where there’s a win/lose or a draw option) that you can use instead. Not sure which sportsbook to go to for those great bonuses?

Tool Name	Key Feature	Number of Bookmakers	Mobile App
Oddschecker	Live odds movement	50+	Yes
BetBrain	Asian handicap focus	60+	Yes
OddsPortal	Historical odds data	70+	Yes
BettingExpert	Community tips integrated	30+	No

Bonus: Up to £100 extra with a 100% Profit Boost True probability is the probability of an event happening based on the available odds, with the house edge taken out of the equation.

Fair Odds Betting Calculator FAQs

This is such a simple mistake, but if you get the odds format or odds themselves wrong when you input them, you won’t get accurate results, so double check that the odds format and odds you put in are true to what you see on your go-to sportsbook. Some calculators can tell you if your bet is worthwhile. This fair odds one does not, it just tells you what the true probability and no-vig odds are. You then need to go and compare those true odds with other sportsbooks and bonuses, so you know the best place to place your bet. We have over 15 different sports betting calculators for you to choose from making it an absolute cinch to find the calculator that suits your preferred sports betting strategy.

Fractional to Decimal Odds & Probability

Whatever your fancy, find your calculator here: Our fair odds calculator helps you easily pick out the true odds and probability in a flash so that you can make smarter decisions about where you place your bet. Just remember to double-check that the odds are correct and that you’re using it with two-way events only to get the most accurate results. Since this calculator can be used alongside other sports strategies and calculators, think of it as a useful reconnaissance step that suits all types of bettors. Online betting bonuses can be useful no matter your bet style. They are often low-risk ways to beef up your betting strategy and experience with a boosted bankroll, and they come in many forms, depending on the bonus you choose. Implied probability is the probability of an event happening with the house edge included. Both terms are simply slang for the house edge or profit margin.

Three Benefits To Using a Fair Odds Calculator

Our fair odds betting calculator can be used in most sports, though not at all times. Tennis is a great example since there cannot be a draw as a match outcome. You can also use this calculator for non-sports-related options. For example, betting on who the next president bet no deposit no wagering requirements is going to be. Any two-outcome game or event is a good fit for this calculator without any other strategies needed.

Compatible with All Major Browsers

You can also use this two-outcome calculator if the match you want to bet on is in a tournament, playoff, or final. A football (soccer) final, for example, will go into overtime, then sudden death if it’s a tie, so one must come out as the winner. You can also use the half or quarter Asian handicap method to virtually remove the chance of a draw (in terms of your bet, not actual outcomes) and then use this calculator. Yes, but we offer many other calculators, like our Parlay Fair Odds calculator, an odds converter, an accumulator calculator and beyond! So, if this calculator doesn’t suit your style, try one of our others. When you calculate the vig, it should reflect a percentage over 100%. Whatever that difference is, it’s how much the bookie collects on that bet. You should only bet on sportsbooks that regularly have a house edge or vig under 10%. The closer the house edge to 0%, the more competitive the odds are because it means the bookie is taking less of a profit margin. Top providers like Bet365, for example, regularly have a house edge between 4 to 6%. No, the house edge will change from game to game.

William Hill betting odds comparison

We know that even a big name like Bet365 has a profit margin, so let’s see what the “true odds” are with our fair odds calculator. No Vig Odds / True Odds: 1.90 No Vig Odds / True Odds: 2.11 We can now quickly compare those odds between other sportsbooks. When you compare those “true” odds to Bet365, we can glean that it would be better to bet on Barrere to win on Unibet and best to go on Bet365 to bet on Kokkinakis since those two options give us the closest odds to the “true” odds. Fair odds is one of the most easy-to-understand popular betting strategies. By choosing the sportsbook or odds that offer you the closest to the true probability or fair odds, you give less money to the house and get more money back.

Why do bonus stakes often pay less than cash stakes?

It’s a simple, sensible step that can be used for two-way results. The best part is that this calculator can also be used alongside other betting strategies. This is because fair odds are used primarily to help you find the most competitive odds. If you bet on multiple sportsbooks, you can quickly understand which operator is the best one for that game. The vig, juice, or house edge changes game by game, with operators working with a higher or lower house edge depending on the bet type and popularity. That’s why you’ll want to use our fair odds calculator before every match, even if you’re using the same sportsbook.

• Integrate the tool with a betting bankroll tracker to monitor profit/loss against closing line value
• Use historical odds data, often available for free, to back-test betting strategies
• Create a shortlist of 3-4 reliable bookmakers featured consistently with top prices
• Bookmark specific event pages on comparison sites for tournaments or leagues you follow regularly
• Join related forums or subreddits where users share tips on leveraging free comparison tools

You’ll first want to apply the bonus to a potential bet (but don’t make it yet!).

• BestOdds: Simple, clean interface focusing on US sportsbooks and legal states
• Smarkets Exchange: Compares traditional bookmaker odds with exchange lay prices
• LineBets: Specializes in line shopping for point spreads and totals in basketball and football
• Betfair Exchange: Integrates exchange odds comparison alongside traditional bookmakers
• Action Network: Combines odds comparison with expert analysis and betting trends
• LiveScore Bet: Built-in comparison for in-play and live betting markets

Then, use the odds on your bet slip into our fair odds calculator to determine the true probability and odds for comparison. Odds comparison sites compare odds offered on betting markets provided by a number of popular bookmakers and betting exchanges. The best price for a particular market is highlighted and so you can quickly see who is offering the best value.

• Always verify the odds on the bookmaker's site before placing a bet as prices can change
• Consider the reliability and payout speed of the bookmaker, not just the highest odds
• Look for tools that include odds for niche sports and esports if that's your interest
• Be aware of regional restrictions that may block access to certain bookmakers or tools

Oddschecker ( is a high profile example of an odds comparison site. Oddschecker was launched in 1999 with the aim of allowing its users to instantly identify the best betting value in any market from a selection of over 21 bookmakers and exchanges. Oddschecker was acquired by Sky in 2007.

Best Horse Racing Odds

Our fair odds calculator is entirely free to use and can be used without limits whenever betting on two-way events to find the true probability and no-vig odds in seconds. All you have to do is enter the two outcomes of your event and press ‘Calculate’ to get instant results. When using the inputs, remember that this is a fair odds calculator in decimal; it won’t work with American or fractional odds. Using any calculator means that more steps will be involved in your betting strategy, but we have three key reasons why the extra effort is worth it. All calculators can be instrumental to expanding your betting calculator, yes, but when it comes to two-way events, our calculator stands out for these top reasons: Knowing the fair odds of a game means seeing right through the house edge, making it a snap to find the best sportsbooks that give you the most competitive odds.

25 years of getting it right.

Since you can easily see the odds written out, you can compare them directly to other top-rated betting sites rather than doing the maths for each website. Calculating the true probability and the no-vig odds takes multiple calculations. Unless you’re bet sign up offers bookmakers a whizz at mental arithmetic, going through all those steps will take time. Our calculator does all that in the background, saving you time and effort. Our calculator gives you both the true probability and the true odds, meaning you can better understand how the sportsbook expects the game to play out. In 2015, Sky sold an 80% stake in its online betting and gaming business (Sky Bet).

• Mobile apps for iOS and Android allow for odds checking on the go
• Browser extensions that overlay the best odds directly onto sports news sites
• API access for developers to build custom comparison dashboards (some free tiers exist)
• Twitter bots that tweet out significant odds movements for major events

Oddschecker publishes the odds for over 500000 betting markets every month. For example, Reality TV, Showbiz, Politics and Novelty markets. You don’t need to register to use Oddscheckers core service – the odds comparisons. However, additional benefits are provided by registering on the site.

football odds comparison

Thanks to the vig, you’ll find that the total number is over 100%. Any number over that 100% is considered the bookie’s vig. Based on these results, it calculates the true probability and odds without the house edge factored in. Now, you won’t find any sportsbook offering you or showing you the true odds because this is simply not profitable for them. However, you can use the information generated by our fair odds/no vig fair odds calculator to find the sportsbook with the lowest house edge or vig, and you can skip the lengthy calculations in the process.

Works in Background

Bookmakers have running costs, and in order to cover those costs and make a profit they add in their own profit margin to each bet that’s made. That’s why you won’t typically ever be able to find fair odds unless there’s a specific promotion tied to the event, like an odds boost promotion. Instead, look for the odds that are closest to the fair odds since this is the most competitive option you’ve got. Remember: the odds will be adjusted based on betting activity and information. Let’s take the ATP Bucharest competition as an example. By default, Oddschecker factors in the commission betting exchanges charge into the prices it publishes. This enables Oddschecker to provide a fair comparison between bookmaker’s odds and betting exchange odds.