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Margin observatory

How much the house really keeps in each competition, measured on real markets. It refreshes itself and the full methodology is below.

Average bookmaker margin
3.33 %

Measured across 728 match-result markets in 75 competitions

Latest data: 23 Oct, 16:07

The range is huge depending on where you bet: from 0.50% in NBA to 9.27% in Colombia Primera B. On the same money staked, that is the difference between an almost fair market and one that keeps several times as much.

Margin by competition

Lowest first. The middle column is what the market returns per 100 staked — the same figure said in money.

CompetitionMarginReturns per 100Markets
NBA0.50 %99.5 €12
NFL0.66 %99.3 €13
Bundesliga0.71 %99.3 €9
Championship0.74 %99.3 €11
ATP Torneos0.90 %99.1 €19
Eredivisie1.01 %99.0 €9
League One1.21 %98.8 €12
NCAAF1.27 %98.8 €48
Premier League1.33 %98.7 €20
La Liga1.33 %98.7 €17
MMA1.33 %98.7 €14
2. Bundesliga1.77 %98.3 €9
Escocia Premiership1.79 %98.2 €6
Portugal Primeira Liga1.89 %98.1 €9
Países Bajos Eerste Divisie1.95 %98.1 €10
A-League (Australia)2.00 %98.0 €5
Ligue 12.05 %98.0 €18
Saudi Pro League2.14 %97.9 €5
Turquía Süper Lig2.15 %97.9 €8
Austria 2. Liga2.26 %97.8 €6
League Two2.40 %97.7 €12
Rumanía Superliga2.46 %97.6 €6
Serie A2.48 %97.6 €18
K League 1 (Corea)2.48 %97.6 €6
Brasileirão2.50 %97.6 €11
Suecia Allsvenskan2.53 %97.5 €8
Ligue 22.54 %97.5 €8
J League (Japón)2.74 %97.3 €10
Brasileirão Série B2.81 %97.3 €5
China Super League2.81 %97.3 €8
Segunda División2.89 %97.2 €11
MLS2.96 %97.1 €15
Irlanda League of Ireland3.00 %97.1 €7
Polonia Ekstraklasa3.24 %96.9 €9
EFL Cup3.30 %96.8 €8
DFB-Pokal3.33 %96.8 €15
Liga MX3.33 %96.8 €9
Champions League3.39 %96.7 €17
Argentina Primera División3.41 %96.7 €22
Liiga (Finlandia)3.48 %96.6 €5
Suiza National League (hockey)3.55 %96.6 €8
Suecia Superettan3.74 %96.4 €7
ACB3.77 %96.4 €9
Bélgica First Div3.84 %96.3 €9
Chequia Extraliga (hockey)3.87 %96.3 €6
Euroliga3.88 %96.3 €15
Noruega Eliteserien3.98 %96.2 €6
SHL (Suecia)4.03 %96.1 €7
Serie B (Italia)4.08 %96.1 €9
Serbia Superliga4.14 %96.0 €5
Colombia Primera A4.33 %95.9 €7
3. Liga4.43 %95.8 €7
Dinamarca Superliga4.58 %95.6 €5
Chile Primera División4.69 %95.5 €6
Chequia 1. Liga4.75 %95.5 €8
Ecuador LigaPro4.78 %95.4 €7
Austria Bundesliga5.19 %95.1 €6
Portugal Liga 25.25 %95.0 €8
Estonia Meistriliiga5.38 %94.9 €5
WTA Torneos6.27 %94.1 €13
Uruguay Primera División6.30 %94.1 €8
Eslovaquia Superliga6.33 %94.0 €6
K League 2 (Corea)6.38 %94.0 €8
J League 2 (Japón)6.51 %93.9 €10
Dinamarca 1. División6.87 %93.6 €5
Argentina Primera Nacional6.92 %93.5 €6
Perú Liga 17.23 %93.3 €8
Suiza Super League7.29 %93.2 €5
Turquía 1. Lig7.31 %93.2 €8
Grecia Super League7.70 %92.9 €7
Polonia I Liga7.84 %92.7 €8
China League 18.17 %92.4 €6
Hungría NB I8.68 %92.0 €5
Noruega 1. División9.18 %91.6 €8
Colombia Primera B9.27 %91.5 €7

Full methodology

What is measured: the overround of the match-result market. The implied probabilities of every option are added up; whatever exceeds 100% is the margin. A perfectly fair market would sum to exactly 100%. Where the odds come from: the same board the platform uses to seal picks, refreshed through normal use. Not a single extra API call is made for this page. The bias, stated up front: the odds are Betfair Exchange, one of the tightest markets there is. At a traditional bookmaker margins are considerably higher, so these figures are the FLOOR of the industry, not the average. What is discarded: markets with an overround above 115% (unformed books, not real prices) and negative ones (momentary arbitrage). Only competitions with at least 5 measured markets are published: with fewer, the average is noise.

How that margin compounds in a parlay →

Convert odds and see their implied probability →

Monthly market report →

More free tools

  • Telegram channel analyzer
  • Yield calculator
  • Tipster comparator
  • Odds converter
  • Parlay calculator

And for what tools cannot tell you: tipsters with a verified record →

Frequently asked questions about bookmaker margins

How much do bookmakers keep?

It depends enormously on where you bet. In the data on this page, measured on live exchange markets, the average match-result margin sits around 2-3%, with major competitions below 1% and others above 5%. At traditional bookmakers it is usually much more: between 5% and 10% in football, and above 15% in secondary markets and minor sports.

What is the overround or margin of a market?

It is how much a market's implied probabilities add up beyond 100%. If an even match were priced 2.00 and 2.00, each option would imply 50% and the sum would be exactly 100: the house would make nothing. Offering 1.91 and 1.91 pushes the sum to 104.7%, and that extra 4.7% is its margin. The higher it is, the worse for the punter.

Every pick published here lands in the channel the moment it is sealed, with its odds and its receipt. No sign-up.

See the Telegram channel →

Why do some competitions carry more margin than others?

Liquidity. In a competition with a lot of money moving, competition between punters tightens the prices and the margin narrows. In a minor league or sport there is little money, nobody corrects the prices, and the house can afford a much larger margin. That is why betting on small markets costs more even when the odds look attractive.

How does the margin affect my profitability?

It is what you must beat before earning a single euro. At a 5% margin, a punter who hits exactly what the odds say loses that 5% long-term. And in a parlay the margin compounds: five legs at 5% leave an expectation of losing 22.6%. Choosing where you bet matters as much as choosing what you bet.

How much odds move before the match

Measured on real picks published here: the odds the tipster took against the price left just before kick-off.

Odds that shortened
37 %
Average cut when they shorten
4.4 %
Largest cut seen
18.4 %

Measured on 60 picks with a complete price series.

Odds shortening means the market agreed with the tipster: money came in on the same outcome after them and the price dropped. For anyone copying the pick, that is money lost by arriving late — those odds are gone. This is CLV seen from the outside, and the reason this platform seals the price at the exact second of publishing.