What in the heavens is a sports betting hold calculator?
A sports betting hold calculator will let you know how generous a sportsbook is being. This is because the bet calculator can quickly work out how much ‘hold’ the sportsbook is putting on its bets. The ‘hold’ is the amount of betting margin a sportsbook includes in its bets. This hold ensures that the sportsbook can stay in business regardless of how many people win or lose either side of a bet.
By using a sports betting hold calculator, you’ll be able to compare the amount of hold different sportsbooks are adding to their bets. All of which will work to reveal the best value sportsbooks in the entire solar system. Now all you need to do is to make your predictions and win your bets!
Why do sportsbooks include ‘hold’?
Before we get carried away with our sports betting hold calculator, it’s important to clarify what we mean by hold. This is a term that is also known as ‘vig’, ‘juice’ or ‘margin’, and it describes how a sportsbook will put on odds in a way that ensures that it stays in business.
For example, if a sportsbook offered you odds for a toss of a coin, you might expect it to be evens. However, this would mean that the sportsbook wouldn’t make any money from the bets that it received. As a result, a sportsbook will always slightly tilt the odds in its favor to make sure that it makes money regardless of how many people wager on either side of a bet.
Ultimately this is a good thing, as a sportsbook that stays financially healthy is one that is able to continue offering you sports bets. The trick is to use our sports betting hold calculator to find those sportsbooks who are willing to keep their hold as small as possible so that you get more for your bets.
Why all space cadets should use a sports betting hold calculator online
A sports betting hold calculator might not seem like the most important piece of tech to take with you on your betting mission. After all, you’ll first need to know how odds work, what kinds of payouts you’ll make, and so on. But we’ve found that a sports betting hold calculator offers you a fast and easy way to see those sportsbooks who are being extra generous over the long term. Here are two reasons why our sports betting hold calculator has proven to be so useful.
Get the best sports betting odds in the solar system
Sports betting is great fun, but it gets even more enjoyable when you know that you’re playing with the best odds on the market. Thankfully our sports betting hold calculator gives you an easy way to do just this. This is because you can point our sports betting hold calculator at any odds and it’ll instantly tell you just how much of a hold there is in a bet. As such, you’ll quickly know whether the sportsbook is giving you a fair deal or whether you should jet off to visit another sportsbook.
Discover the fairest sportsbook in the whole universe
It’s important to note that some sportsbooks will give you great odds for one particular sporting event, and yet give you fairly mediocre bets for another event. For example, you might see a sportsbook with awesome Super Bowl odds who follows this up by giving you lame odds for French Open tennis. But if you use our sports betting hold calculator across different sportsbooks and different bets, you’ll gradually get a good idea of those sportbooks who offer the most consistently competitive bets.
Such sportsbooks will gain plenty of their popularity as a result of their reputation for reducing the hold of their bets. Of course, there’s always the chance that another sportsbook might occasionally drop their margin to put on even better odds. Plus pretty much all sports betting sites will say that they have the best odds on the market. But our sports betting hold calculator gives you a reasonably assured way of finding those sportsbooks that are more generous than most.
How to use our sports betting hold calculator for your betting mission
It’s easy to get bogged down in the complicated formulas that you have to use when calculating the amount of hold that a sportsbook has. But let’s leave all of that theory to one side, and simply see how our sports betting hold calculator works with a few examples. All of which should hopefully reveal just how powerful our hold calculator is:
Let’s say that you wanted to bet on a big NFL game between the Dallas Cowboys and the Tampa Bay Buccaneers. You thought that the Buccaneers were going to walk this game, but you still wanted to see how much margin different sportsbooks had included in their football bets.
So you loaded up our sports betting hold calculator and typed in sportsbook A’s decimal odds of 1.36 for the Buccaneers to win and 3.10 for the Cowboys to win. Our sports betting hold calculator would instantly reveal that the amount of hold that the sportsbook A included was 5.47%.
From here, you went to sportsbook B and found that this site had odds of 1.35 for the Buccaneers to win and odds of 3.30 for a Cowboys win. Typing these odds into our sports betting hold calculator would reveal that sportsbook B had a hold of 4.19%. This reveals that sportsbook B has a much smaller hold than that of sportsbook A and would therefore give you greatest value on your bets.
Picking up cosmic baseball odds
Let’s try another example, this time from the MLB. Here we went to sportsbook A and checked out the odds for a MLB game between the New York Mets and the Cincinnati Reds. Sportsbook A had odds of 1.70 for a Mets win and odds of 2.15 for a Reds win. Once you’d typed this into our sports betting hold calculator, it should show that sportsbook A’s hold was 5.07%.
Conversely, sportsbook B had odds of 1.71 for a Mets win and 2.20 for a Reds win. Our sports betting hold calculator would reveal that sportsbook B had included a hold of 3.79% for these baseball bets. This reveals that sportsbook B once again proved to be the more generous of the two betting sites. It’s just one example, but it offers a pretty good reason why you should use our sports betting hold calculator to find the most generous sportsbooks.
Space age tips for using a sports betting hold calculator online
We think that our sports betting hold calculator is pretty easy to use. But we’ve included some handy tips below. These give you some basic but useful ideas of the ways in which you could use our sports betting hold calculator. So launch our hold bet calculator and see how it works in conjunction with one of these tips:
Find the interstellar bets for the biggest sporting events
Chances are that you might not want to fire up our sports betting hold calculator every time that you want to bet on sport. However, there is simply no excuse for avoiding using this bet calculator for the world’s biggest sporting events. This is because each online sportsbook will be desperate to put on the best possible odds for big events like the Super Bowl, the World Series, the Stanley Cup and the NBA Finals. As a result, you’ll simply be able to use our sports betting hold calculator to see which sportsbook is sacrificing its margin to the greatest degree. Now all you have to do is to swoop in and take advantage of the odds on offer to make some planet-sized wins.
Exploring the galaxy for new and exciting sportsbooks
It can be all too easy to get stuck in a rut when you are betting on sport. But it’s important to remember that there’s an entire universe of uncharted sportsbooks out there. By using our sports betting hold calculator, you’ll instantly be able to see whether these as-yet unknown sportsbooks are worthy of your custom. All that it takes is to test one of these sportsbooks’ odds with our sports betting hold calculator and you’ll instantly know whether you should check it out or head on to the next galaxy.
Spotting the most generous odds boost bonuses
We’ve all seen some interesting enhanced odds deals on our travels. But how do you know when these odds boosts are actually worthy of your time? We’d suggest firing up our sports betting hold calculator and pointing it at the next odds boost you see. This will quickly reveal how much hold the sportsbook is putting into its supposedly enhanced odds. All of which should help you see whether you should travel across the cosmos to get that odds boost or avoid it like a particularly nasty black hole.
More bet calculators to safeguard your space mission
Of course there’s more to sports betting than just figuring out how much hold a sportsbook is applying to its bets. This is why our team of rocket scientists have developed bet calculators and converters for every kind of sports bet under the sun. Take a look below at just a handful of the bet calculators that you should pack on your next space mission:
Hedging calculator: You thought our sports betting hold calculator was powerful? Just take a look at our hedging calculator. This somehow manages to make something as complex as hedge betting something even newbie space cadets can understand. All it takes is to fire up our hedge calculator, input your betting stake and the back and lay odds, and you’ll see how much you need to lay to avoid any losses regardless of what happens in that big game.
Odds value calculator: Value bets are like the holy grail for all serious sports betting enthusiasts. But spotting when a sportsbook has overvalued its odds isn’t always so easy. That is until you use our odds value calculator. This gives you a fast and simple way to spot value bets in anything from the NFL to the NBA. As such, you won’t have to mess around with complicated formulas for things like expected value, and can instead just take advantage of some amazing value bets.
Parlay calculator: Parlay bets are great fun, but figuring out the potential payouts can take some mathematical knowhow. So let us help you out with our intergalactic parlay bet calculator. This gives you an ultra-fast way to see exactly how much you’ll win with even the most optimistic parlay bet. It’s a fully customizable calculator that gives you chance to play around with different stakes, selections and odds. All of which can help you build a parlay bet that you can put your faith in.
Conclusion – Blast off with our sports betting hold calculator online
We love our sports betting hold calculator as it does it’s tricky job quickly and without any fuss. All sportsbooks will tell you that they put on the best odds in the galaxy, but our sports betting hold calculator gets straight to the heart of the matter. This is because our bet calculator wastes no time in revealing just how much of a margin a sportsbook includes with its bets.
This means that you’ll never find a faster way to see which online sportsbook is offering you the greatest value odds. It’s just one small part of the whole equation of what you have to do in sports betting. But once you use our sports betting hold calculator online, there is simply no going back. So remember to pack our sports betting hold calculator for the next time that you jet off into the heavens!
Sports betting hold calculator FAQ
❓What is the best betting calculator tool?
We believe that there’s a sports betting odds calculator for every kind of bet. From money line NFL bets to basketball spread bets, we’ll help you find the perfect calculator. But don’t forget that our sports betting hold calculator could be the most powerful of all. Fire up this bet calculator and see how it helps you spot which online sportsbooks are being extra generous with their odds.
👀Where can I find a betting break even calculator?
Everyone will want to find a sportsbetting odds calculator that can make sure that they break even with their sports bets. After all, every sports bet carries a fair amount of risk. We’ve got a range of sports betting calculators that can help you avoid making losses. In particular our sports betting hold calculator does a great job of highlighting those sportsbooks who’re happy to give you a little extra for your bets.
⭐What is a hedge calculator?
A hedge calculator gives you a relatively fast and easy way to master one of the most difficult sports bets. It’s yet another one of the betting calculators that we feature on our site to help all US sports fans raise their betting to the next level. Take a look at our sports betting hold calculator online and you’ll quickly see how this helps you spot the best value sportsbooks.
⚡How does a betting edge calculator work?
Call it edge, hold, vig, juice or margin, all sportsbooks will give themselves a slight advantage in the odds that they offer. This ensures that they stay in business regardless of what happens in each sporting event that they offer bets for. Check out our sports betting hold calculator that gives you a fast and easy way to spot which online sportsbooks are being more generous than most with their bets.
☝Do I need to use an odds calculator?
It depends how simple the odds and stake are, as well as how comfortable you are with your mental arithmetic. However, you’ll definitely need to use our sports betting hold calculator online, as this kind of calculation is probably beyond the reach of most sports fans. While it’s complex, our bet calculator is actually easy to use and can quickly show you the most generous online sportsbooks in the US.