Test whether two prices cover every outcome below 100%
The calculator divides the total stake in proportion to each inverse price so the gross return is equalized. Real execution can differ because prices move, stakes may be limited and markets may settle under different rules.
Combined probability = 1 ÷ odds A + 1 ÷ odds B. A value below 1 indicates a theoretical price arbitrage before limits, void rules, delays and fees.Examples
- Odds of 2.10 and 2.10 total 95.24% implied probability.
- A $1,000 theoretical allocation becomes $500 on each side with a $1,050 equalized gross return.
Frequently asked questions
Does a result below 100% guarantee profit?
No. The result is mathematical only. Price movement, rejected stakes, limits, fees, voids and non-equivalent market rules can remove the opportunity.
Why are the two stakes different?
The calculator weights each stake by the inverse of its odds so the theoretical gross return is equal for either outcome.