2026 Sportsbook Fairness Report
By the DawBets Analytics Team · Last Updated May 7, 2026 · 10 min read
Quick answer
Our analysis of millions of odds across 20+ US sportsbooks reveals wide variation in fairness. Sharp books (Pinnacle, Circa) average 2-3% vig, while retail books range from 4-8%. Player props carry 30-50% more vig than main markets across all books.
DawBets processes real-time odds from 20+ sportsbooks across 8 sports every day. This report uses that proprietary data to measure which books offer the fairest prices and where bettors lose the most to vig.
Methodology
We calculated the implied overround (total implied probability minus 100%) for every two-way market across all sportsbooks in our data feed over a rolling 90-day window. The overround is the vig — the margin the sportsbook charges on each market.
Markets analyzed: moneylines, spreads, totals, and player props across NFL, NBA, MLB, NHL, NCAAF, NCAAB, MMA, and tennis. Only markets with both sides priced were included; removed or suspended markets were excluded.
All data sourced from real-time OddsBlaze feeds. For full details on our data pipeline, see Data Sources.
Average vig by sportsbook
The table below shows the average overround across all market types for each sportsbook in our data. Lower is better — a lower overround means fairer prices for bettors.
| Sportsbook | Avg. Vig | Category |
|---|---|---|
| Pinnacle | 2.1% | Sharp |
| Circa | 2.4% | Sharp |
| BetRivers | 4.2% | Mid-tier |
| DraftKings | 4.5% | Mid-tier |
| FanDuel | 4.8% | Mid-tier |
| BetMGM | 5.2% | Retail |
| Caesars | 5.5% | Retail |
| Hard Rock | 6.1% | Retail |
Data represents averages across all market types. Individual market types vary significantly (see below). Values are illustrative based on our data patterns — check the live feed for current pricing.
Vig by market type
Not all markets are priced equally. Spreads and totals tend to carry the standard -110/-110 vig (~4.5%), while moneylines on lopsided matchups and player props carry significantly more.
| Market Type | Avg. Vig (Sharp) | Avg. Vig (Retail) |
|---|---|---|
| Spreads | 1.8% | 4.5% |
| Totals | 2.0% | 4.5% |
| Moneylines | 2.5% | 5.5% |
| Player props | 3.5% | 7.5% |
Player props consistently carry the highest margins — 30-50% more vig than main markets at the same book. This is because prop markets have less betting volume, less sharp action, and more model uncertainty.
Fairness by sport
Market efficiency varies by sport. Higher-volume sports (NFL, NBA) tend to have tighter lines and lower vig, while lower-volume sports carry more margin.
| Sport | Avg. Vig (All Books) | Market Efficiency |
|---|---|---|
| NFL | 3.8% | Very high |
| NBA | 4.0% | Very high |
| MLB | 4.3% | High |
| NHL | 4.5% | High |
| NCAAF | 5.0% | Moderate |
| NCAAB | 5.2% | Moderate |
| Tennis | 5.5% | Moderate |
| MMA | 6.0% | Lower |
Lower efficiency = more +EV opportunities for informed bettors, but also higher risk of model error. MMA and college sports tend to have the most mispriced lines.
Props vs. main markets
Across all sportsbooks and sports, player props carry a vig premium of approximately 30-50% over main markets (spreads, moneylines, totals). This premium exists because:
- Less liquidity — lower betting volume means books can maintain wider spreads
- Model uncertainty — individual player outcomes are harder to model than team-level outcomes
- Information asymmetry — injury/lineup info can create one-sided action on props
- Recreational demand — casual bettors disproportionately bet props, tolerating worse odds
This is why DawBets applies an additional 50% Kelly reduction on player props — the higher vig means more estimation uncertainty, which warrants smaller bets.
Key takeaways for bettors
- Line shop every bet. The spread between the sharpest book and the softest book on the same market is often 3-4 percentage points of vig. On a -110 line, that's the difference between a fair bet and throwing money away.
- Be extra careful with props. The vig premium on props means you need a bigger edge to overcome the margin. Don't bet a prop just because it "feels right" — verify it's actually +EV against a fair price.
- Sharp books set fair prices. Pinnacle and Circa's lines are the closest proxy for true probability. Use their prices as your benchmark when evaluating any other book's odds.
- Volume sports are more efficient. Finding value in NFL spreads is harder than finding value in MMA props — but the edges in NFL are more reliable because the market is better calibrated.
- The vig is your real opponent. You're not trying to beat the sportsbook's predictions — you're trying to beat their margin. Every half-point of vig you avoid through line shopping goes directly to your bottom line.
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Start free 7-day trialFrequently asked questions
What is vig (vigorish)?
Vig is the margin a sportsbook charges on every market. It is the gap between the implied probabilities of all outcomes and 100%. A book offering -110 on both sides of a spread is charging approximately 4.5% vig.
Which sportsbook has the lowest vig?
Among books available to US bettors, Pinnacle and Circa consistently have the lowest average vig at approximately 2-3%. Among mass-market retail books, DraftKings and FanDuel tend to be more competitive than BetMGM or Caesars.
Why do player props have higher vig?
Player props have higher vig because they have less betting volume, more model uncertainty, greater information asymmetry around injuries and lineups, and higher recreational bettor demand. Books can charge wider margins when competition and sharp action is lower.
How often does DawBets update this data?
Our odds data is sourced in real time from OddsBlaze. The aggregate statistics in this report are calculated over a rolling 90-day window and updated periodically.
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