The bookmaker's margin

The three prices usually imply more than a 100% chance between them. That excess is the overround. Enter prices from one match to see the cost under a proportional estimate of fair chances.

Your prices

Overround (margin): 4.81%

OutcomeImplied chanceFair chanceFair oddsExpected return per 100
Home47.62%45.43%2.20195.41
Draw29.41%28.06%3.56395.41
Away27.78%26.50%3.77395.41

You pay 4.59 per 100 before the match starts, in expectation under these fair probabilities.

Closing margins from the database

Five complete seasons per calendar: split-year editions are treated as complete after June 30, calendar-year editions after December 31. Only matches assigned to recognised dated seasons; played matches with three closing prices greater than 1. No opening-price fallback. Season bounds below are the earliest and latest start years with qualifying prices in each row; coverage may have gaps.

At the indexed run, split-year window: 2021–2025; calendar-year window: 2021–2025 (season start years).

Max means best price across bookmakers, not one bookmaker. Its overround can be negative; the quotes need not be simultaneously available.

The market average is the overround of the averaged prices, which is lower than the margin of a typical single bookmaker.

By bookmaker — all competitions

ScopePriced matchesAverage marginMedian marginSeason start yearsComputed at
Best price across bookmakers62,0170.87%0.96%2021–20252026-09-30 08:58:39
Market average62,0166.53%6.42%2021–20252026-09-30 08:58:39
Pinnacle56,0423.54%3.35%2021–20252026-09-30 08:58:39
Bet36541,2296.78%6.28%2021–20252026-09-30 08:58:39
Bwin35,6257.41%7.01%2021–20252026-09-30 08:58:39
William Hill27,9537.79%7.34%2021–20242026-09-30 08:58:39
BetVictor23,3896.77%6.30%2021–20232026-09-30 08:58:39
1xBet7,6814.72%4.85%2024–20242026-09-30 08:58:39

By league — top 20 by market-average priced matches

ScopePriced matchesAverage marginMedian marginSeason start yearsComputed at
Championship2,7605.43%5.25%2021–20252026-09-30 08:58:39
League One2,7606.61%6.59%2021–20252026-09-30 08:58:39
League Two2,7606.79%6.70%2021–20252026-09-30 08:58:39
National League2,7148.57%8.34%2021–20252026-09-30 08:58:39
MLS2,5435.99%5.90%2021–20252026-09-30 08:58:39
Segunda División2,3107.11%6.72%2021–20252026-09-30 08:58:39
Liga Profesional1,9696.38%6.26%2021–20252026-09-30 08:58:39
Premier League1,9004.32%4.04%2021–20252026-09-30 08:58:39
Serie A1,9004.88%4.57%2021–20252026-09-30 08:58:39
Serie B1,9006.98%6.64%2021–20252026-09-30 08:58:39
La Liga1,9004.75%4.45%2021–20252026-09-30 08:58:39
Serie A1,9006.06%5.98%2021–20252026-09-30 08:58:39
J1 League1,7566.49%6.30%2021–20252026-09-30 08:58:39
Ligue 21,7517.04%6.76%2021–20252026-09-30 08:58:39
Süper Lig1,7216.46%6.20%2021–20252026-09-30 08:58:39
Liga MX1,7007.16%6.99%2021–20252026-09-30 08:58:39
Ligue 11,6784.98%4.74%2021–20252026-09-30 08:58:39
Superliga1,5988.10%7.98%2021–20252026-09-30 08:58:39
Belgian Pro League1,5476.31%6.11%2021–20252026-09-30 08:58:39
Bundesliga1,5304.75%4.41%2021–20252026-09-30 08:58:39

Source: bookmaker_margins, built by football:index:bookmaker-margins (BookmakerMarginIndexer), the final nightly football:reindex step. Each row names its run timestamp. Averages weight matches equally; bookmaker samples differ.

Method

Let S = 1/home + 1/draw + 1/away. Margin = S − 1. Proportional de-margining divides each implied chance by S, so fair odds = quoted odds × S. At those fair chances, a 100-unit bet on any one outcome returns 100/S including the stake. Expected loss is 100 × (1 − 1/S), not 100 × the overround.

What this does not claim: proportional fair probabilities are an estimate, not known true chances; this does not predict a match or prove a realised profit.

Not betting advice