Market Pricing

Hold Calculator

Market hold, also called overround, is the amount by which the implied probabilities of all outcomes exceed 100%. Lower hold generally means a tighter quoted market.

Inputs

Live

Hold Benchmarks

Sharp Books (Pinnacle)2-3%
Good Retail Books4-5%
Average Retail5-7%
High-Hold Props10-20%

Results

Live
Market Hold
4.76%
Good
Total Implied Probability104.76%
Implied Prob Side 152.38%
Implied Prob Side 252.38%

The sportsbook expects to keep 4.76% of all money wagered on this market over time.

Method and assumptions

How to use this calculator

Hold (also called overround or margin) is the percentage the sportsbook expects to keep from all bets placed on a market. Lower hold means better odds for bettors.

Understanding Hold

In a fair market, the implied probabilities of all outcomes would sum to exactly 100%. Sportsbooks inflate this total to build in their profit margin. At -110/-110, the total is 104.76%, meaning a 4.76% hold.

Why Hold Matters

  • Lower hold = better prices for you
  • High hold makes it harder to be profitable long-term
  • Sharp books have lower holds but may limit winners
  • Always compare holds across sportsbooks before betting

Hold by Market Type

Main market spreads and totals typically have low holds (3-5%). Player props and exotic markets often have holds of 10-20% or more. The more niche the market, the higher the hold tends to be.

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Calculator results are informational estimates based on the values entered. They do not guarantee an outcome. Confirm current prices, rules, fees, liquidity, limits, and eligibility on the relevant platform.