Answer · Probability · fairProb
Implied probability via fairProb
Answer: use outcome fairProb (0–1) from the no-vig price. fairProb ≈ 1/fair. Also available: raw decimal/american. Schema: docs.
Example#
{ "name": "home", "decimal": 2.05, "fair": 2.14, "fairProb": 0.467 }
Related: no-vig answer.
Trial CTA#
Builder (€99/mo) for WebSocket and closing history. 3-day trial; card required, charged after day 3 unless cancelled. Free REST: signup. Related: answers hub, docs.
See also: margin (overround) per market.
Questions people ask#
Is fairProb vig-free?#
Yes — derived after margin removal on the Pinnacle market.
Can I use 1/decimal instead?#
That still includes vig; prefer fairProb for model priors.
Is this educational content for adults?#
Yes (18+).