The No‑Vig Fair Odds calculator shows you the “pure” odds behind a market by removing the sportsbook’s margin from both sides of a matchup. Books intentionally price each side a little higher than fair to collect a commission no matter who wins — that extra buffer is the vig (or juice). If a market were truly even, the two sides would each be 50%, which converts to +100 on both teams. In reality, you’ll usually see something like −110/−110 or −115/−105. Those prices imply more than 100% probability when combined, which is exactly where the margin hides. Our tool strips out that margin so you can see what the market is saying once the house cut is removed.
How it works: we convert each moneyline into an implied probability, add them up, and then scale each side so the total equals 100%. The normalized probabilities are your no‑vig percentages. We also convert those back into American odds so you can compare directly to quotes. For a symmetric example like −110/−110, the raw implied probabilities are ~52.4% each, which adds to ~104.8%. Normalizing brings them to 50%/50%, and converting 50% back to American odds yields +100 on both. For an asymmetric market (say −120/+105), the math redistributes the margin proportionally so you get clean, fair percentages and the corresponding odds for each side.
Why it’s useful: fair odds help you compare books on level ground and judge whether a number is actually generous or just padded by higher vig. If one book’s price is close to your fair number while another is far off, you know where you’re more likely to find value. Fair odds are also a handy input when you’re building models, sizing bets, or back‑solving a “true” line from several noisy quotes. This page doesn’t tell you which side will win; it simply removes the tax so you can view market opinion without the markup. Pair it with our Vig calculator (to measure the margin itself), the Market Fees calculator (for exchange trading costs), and the EV calculator (to translate your edge into dollars) for a complete toolkit.