Betting Calculators

The same maths our confidence engine runs on, free and without an account. Everything here happens in your browser -- nothing you type is sent anywhere.

Building several parlays from one slate? The parlay builder spreads your legs so one game can't sink every ticket.

No-Vig (Fair Odds) Calculator

Strips the bookmaker's margin out of a two-way market to leave the fair price. This is the number to compare every other book against.

Fair odds, side A
-104
Fair odds, side B
+104
Fair probability, side A
51.08%
Bookmaker hold
4.71%

Expected Value Calculator

What a bet is worth per dollar staked, given your own estimate of how often it wins. Positive is the whole game.

Expected value
5.00%
Expected profit
$5.00

Kelly Stake Calculator

How much to risk. Quarter Kelly is the headline number on purpose: full Kelly is only optimal if your probability is exactly right, and it punishes you hard when it isn't.

Quarter Kelly
1.38%
Suggested stake
$13.75
Full Kelly (for reference)
5.50%
Edge over the price
2.62%

Closing Line Value Calculator

How far the market moved toward your side after you bet. Over a large sample this predicts long-run profit better than your win rate does -- the closing line is the sharpest price the market makes, and beating it repeatedly is hard to do by luck.

Closing line value
+12.38 pp
Verdict
You beat the close

Hedge Calculator

The stake on the other side that pays you the same whichever way it lands.

Hedge stake
$180.00
Guaranteed profit
$20.00
If the original wins
$20.00
If the hedge wins
$20.00

Parlay Calculator

Payout and true odds for a multi-leg bet. Assumes the legs are independent -- correlated legs are worth more than this shows, which is exactly why books restrict them.

Parlay odds
+264
Payout
$364.46
Profit
$264.46
Implied probability
27.44%

Odds Converter

American odds to decimal, fractional and the probability the price implies.

Decimal
1.909
Fractional
0.91 / 1
Implied probability
52.38%
Break-even win rate
52.38%