Implied probability
Every price carries a probability baked in. Decimal odds invert directly into the chance the market is pricing for that outcome.
implied = 1 / decimal oddsA free, no-nonsense toolkit for finding value in betting markets. Convert any odds, test a price against your own read, size stakes with Kelly, strip the vig, and spot arbitrage - all calculated live, right here, nothing stored.
Compare an offered price against your own win probability. If your edge is positive, the bet has long-run value.
Move between decimal, American, and fractional odds and read the implied probability for any price.
Turn an edge into a disciplined stake. Pick full, half, or quarter Kelly to match your risk tolerance.
Strip the bookmaker margin from a two-way market to recover the fair, vig-free probabilities and prices.
Test two opposing prices for a guaranteed-profit arb and split your stake so every outcome pays the same.
Every price carries a probability baked in. Decimal odds invert directly into the chance the market is pricing for that outcome.
implied = 1 / decimal oddsValue exists when your estimated win probability beats the price. EV is the average profit per unit if you placed the same bet over and over.
edge = (your prob × decimal) − 1Kelly sizes each stake in proportion to your edge so your bankroll grows fastest without risking ruin. Fractional Kelly trades a little growth for far smaller swings.
f = (b·p − q) / bBookmakers build a margin into both sides of a market. Normalising the implied probabilities back to 100% recovers the fair line to compare across books.
fair prob = implied / Σ impliedWhen two books disagree enough, the inverse odds across both sides sum to less than one - a guaranteed profit regardless of the result if you stake each side correctly.
1/odds A + 1/odds B < 1Edge detection is only as good as the win probabilities feeding it. These are out-of-sample hit rates for the prediction models behind the analytics, measured against settled results. InPlay Radar runs the top performer across live markets.
These calculators do the math on one bet at a time. InPlay Radar runs the same edge and value detection across live in-play markets in real time, surfacing the positive-EV lines the moment they appear.
Scan live markets on InPlay Radar