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Hold calculator

The hold is the share of the money staked on a market that a sportsbook keeps when the action is balanced. Enter the price of every outcome of a two-way market (a moneyline, an over/under) or a three-way one (win, draw, win).

Worked example −110 on both sides implies 52.38% each, 104.76% together. The overround is 4.76%, and the hold is 1 − 1 ÷ 104.76% = 4.55%.

Implied chances added up
104.76%
Overround
4.76%
Hold
4.55%
Each outcome’s implied chance and fair chance
OutcomeImplied chanceFair chance
Outcome 152.38%50.00%
Outcome 252.38%50.00%

How it works

Overround = the implied chances added up, minus 100%. It measures the margin against a fair book, where they add up to exactly 100%.

Hold = 1 − 1 ÷ the implied chances added up. It is the share of all stakes the book keeps when each outcome is backed in proportion to its chance, a little lower than the overround.

A lower hold is a cheaper market. A hold below zero means the implied chances add up to less than 100%, which happens when the prices come from different books.

Arithmetic on the numbers you enter, for research. It is not betting advice: Keel Stats sells no picks and links to no sportsbook. Responsible gaming