Odds & Pricing
Overround
The bookmaker's built-in profit margin expressed as the percentage by which the sum of implied probabilities exceeds 100%. A market with an overround of 106% means the book is 6% in the bookmaker's favour.
Odds & Pricing
The bookmaker's built-in profit margin expressed as the percentage by which the sum of implied probabilities exceeds 100%. A market with an overround of 106% means the book is 6% in the bookmaker's favour.