Hold Calculator

What is Sportsbook Hold?

Hold, also known as "juice" or "vig," represents the theoretical margin built into betting odds by sportsbooks. It's the percentage of wagered money that a sportsbook expects to keep as profit. Lower holds mean better odds for bettors, while higher holds indicate less favorable betting conditions.

A perfect market with no hold (0%) would have odds that exactly reflect true probabilities. For example, if one side is +150, the other side would be -150. However, sportsbooks typically build in a margin to ensure profit, resulting in holds typically ranging from 2% to 10% in major markets.

How to Use This Calculator:

  1. Enter the American odds for Side 1 (e.g., +150)
  2. Enter the American odds for Side 2 (e.g., -160)
  3. The calculator will show the hold percentage and market efficiency metrics

How Sportsbook Hold Works

Sportsbook hold (also called "vig," "juice," or "margin") is the built-in profit edge that bookmakers build into their odds. It's calculated by adding the implied probabilities of all possible outcomes in a market - if they exceed 100%, the excess is the hold.

Real-World Example:

Consider an NFL point spread market:

  • Kansas City Chiefs -7 at -110 odds (52.38% implied probability)
  • Las Vegas Raiders +7 at -110 odds (52.38% implied probability)
  • Total implied probability: 104.76%
  • Hold: 4.76%

This means for every $100 wagered on both sides evenly, the sportsbook theoretically keeps $4.76 in profit. Lower hold percentages represent better value for bettors.

Understanding Hold Percentages

Hold Range Assessment Typical Markets
0-2% Excellent odds Arbitrage opportunities, promotional lines, sharp book competitions
2-4% Very good odds NFL/NBA sides & totals at sharp books (Pinnacle, Circa)
4-6% Average odds Major sports at mainstream books (DraftKings, FanDuel, BetMGM)
6-10% Below average odds Player props, game props, minor sports, futures
10%+ Poor odds Parlays, teasers, exotic props, niche markets

Hold vs. Expected Value: What's the Difference?

Hold and expected value (EV) are related but different concepts:

  • Hold: Measures the bookmaker's built-in profit margin. A lower hold means you're paying less juice, but doesn't tell you if a specific bet is profitable.
  • Expected Value (EV): Measures whether a specific bet is profitable based on true probabilities. You can have positive EV even in a high-hold market if you've identified value.

Use our EV Calculator to determine if a specific bet has positive expected value, then compare holds across sportsbooks to find the best price on that bet.

Sharp Books vs Soft Books: Hold Comparison

Sharp Books (Lower Holds, Better Odds):

  • Pinnacle: 2-3% hold on major markets - industry's lowest
  • Circa Sports: 3-4% hold on NFL - Nevada's sharpest
  • BetOnline: 3-4% hold on major sports

Recreational Books (Higher Holds, Worse Odds):

  • Major US Books: 4-6% hold on NFL/NBA spreads and totals
  • Props: 8-15% hold at most books
  • Parlays: 10-30% effective hold (compounds with each leg)

Compare odds across books using JediBets to find the lowest hold on your desired bets.

Why Hold Matters for Long-Term Profitability

Even small differences in hold percentages compound dramatically over time:

  • 2% hold: If you bet $10,000 over a season, you're paying ~$200 in vig
  • 5% hold: Same $10,000 costs you ~$500 in vig
  • 10% hold: You're paying ~$1,000 in vig

The difference between a 2% hold and 5% hold is $300 in saved vig on just $10,000 in action. For serious bettors placing six figures annually, reducing hold by shopping for best lines can save thousands of dollars.

Tips for Using Hold Analysis

  • Always compare holds across sportsbooks before placing a bet - even 0.5% matters
  • Major sports have lower holds due to high liquidity and competition (NFL, NBA, MLB)
  • Avoid high-hold markets like props and parlays unless you have significant edge
  • Sharp books welcome winners and offer lower holds - use them when possible
  • Line shopping is essential - use tools like JediBets to find the best odds
  • Negative hold = arbitrage opportunity - rare but possible with promotions

Ready to Find the Lowest Hold Markets Automatically?

This Hold Calculator is great for analyzing individual markets - but what if you could screen hundreds of player props across 15+ sportsbooks and instantly see which books have the lowest hold percentages?

Professional bettors use odds screeners to:

  • Find value bets instantly across NFL touchdowns, NBA first baskets, MLB home runs, and more
  • Get Discord alerts when books post outlier odds with mathematical edges
  • Compare hold percentages across FanDuel, DraftKings, BetMGM, Pinnacle, Circa, and 10+ other sportsbooks
  • Identify low-hold markets (2-4%) vs high-hold traps (10%+) at a glance
  • Track which books consistently offer the best odds and lowest vig

JediBets Odds Screener includes:

  • Live player props odds updated every minute
  • Automated edge calculations using market-wide implied probability
  • Instant Discord alerts for +EV opportunities
  • Built-in Hold Calculator showing vig across all markets
  • Sharp book comparison (Pinnacle, Circa) vs soft books
  • Historical hold tracking to identify the best books for each sport

Stop calculating hold manually. Let JediBets find the lowest-vig markets for you.

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How to Calculate Hold Manually

To calculate hold for a two-way market:

  1. Convert both sides to implied probability
  2. Add the two implied probabilities together
  3. Subtract 100% to get the hold

Example: Chiefs -110 vs Raiders -110

  • Chiefs implied probability: 52.38%
  • Raiders implied probability: 52.38%
  • Total: 104.76%
  • Hold: 104.76% - 100% = 4.76%

Note: Lower holds don't guarantee profitable bets, but they do mean you're getting better odds and paying less juice to the sportsbook. Combined with proper handicapping and edge analysis, betting into low-hold markets maximizes your long-term profitability.