Sportsbook House Edge Calculator
What this calculator does: Calculates the house edge on a bet with 2 possible outcomes.
How to use this calculator: Plug in the 2 numbers under inputs, Numbers should be 100 or higher or -100 or lower.
How to interpret results: A positive house edge is the "juice" and will be displayed as a percentage. For example, -110 and -110 gives house edge of 4.54%. This means for every $100 you bet, the house will usually win $4.54. A negative house edge means you have the advantage (very uncommon).