Have you ever wondered:

• What the bookmaker's edge is worth?
• How much difference does reduced "vigorish" (bookmaker's commission) really make?
• How much "juice" do you pay when you bet on a player to win a tournament?

This calculator can answer these questions and more. It will tell you exactly what percentage of the bettors' money a bookmaker expects to keep when he sets his prices.

We call it Multi-Way because it handles not only two-way betting prices (as in Team A vs Team B), but prices for events with as many as 50 betting options (as in picking which golfer out of 50 will win a tournament).

It's also Multi-Way because you can use any of the three standard price formats: American Moneylines; European Decimals, or Odds-Style. Select a type below, then follow the instructions in the next screen.