Fair odds

Fair odds are the model’s price — not the book’s sticker.

A fair American price is just the model probability expressed as odds without sportsbook juice. Comparing that number to the available book price is how members decide whether a wager has positive expected value.

The conversion

From probability to American odds — and back.

01

Model probability

Each market starts with an estimated chance of the outcome — for example 55% for a favorite or 42% for an over.

02

Fair American price

Above 50%: negative odds = −(p / (1 − p)) × 100. Below 50%: positive odds = ((1 − p) / p) × 100. That is the no-vig fair price.

03

Book implied probability

Sportsbook odds reverse the same math, then add juice so both sides sum above 100%. The gap is the house edge.

04

Expected value

If the book pays more than the fair price (or implies a lower probability than the model), the wager has positive EV at that number.

On the product

Fair price beside the best available book.

Full board

See fair odds on every modeled game — not one converter.

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