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What is the vig on DraftKings player props?

Short answer: The vig on a DraftKings player prop is the amount the over and under prices imply above 100%, and on two-way props it is usually several percentage points. On player props Pinnacle's margin is similar, which is why Pinnacle's value as a reference comes from how it prices and moves, not from a lower margin. Today's medians for both books are measured on this page.

How to measure it

Add the implied probabilities of the over and the under. Over -115 implies 53.5%, under -105 implies 51.2%; together 104.7%. The vig on that prop is 4.7 percentage points. (Conversion steps: how to calculate a no-vig price.)

Today, measured

Live figures appear here while today's lines are posted.

Why Pinnacle's prop margin is not lower

Pinnacle is known for low margins on main markets, but player props are smaller, harder-to-price markets and its margins there are similar to DraftKings'. Pinnacle's usefulness as a reference on props comes from how its prices respond to informed money (see sharper book), not from charging less.

Why the vig matters

The margin is what you pay to bet. Two books can disagree about the probability and charge different margins at the same time; comparing no-vig probabilities separates the two. Both books' prices for tonight's lines are on the props page.

Vig on parlays and same-game parlays

Every leg of a parlay carries its own margin, and the margins multiply. A two-leg parlay of props each carrying several points of vig costs more than the same two bets placed straight; a five-leg same-game parlay costs much more. The parlay guide works through the arithmetic.

Reducing what you pay

Why props carry more vig than main markets

Player props are harder to price than point spreads and totals, have lower betting limits, and attract less of the professional money that keeps main markets tight. Books protect themselves on these markets with a wider margin. That is true at DraftKings and, as the figures above show, at Pinnacle as well: the margin you pay on props is higher than the familiar -110 on both sides of a main-market spread.

Related questions

Every answer on these pages is market data and education. OpenSlate does not publish free picks and does not tell you what to bet; it shows prices and measurements.

See it on tonight's lines. OpenSlate reads DraftKings and Pinnacle every hour. Tonight's props at both books are free; the gap board, line history and alerts are Pro.

More: Removing the vig: how to turn two prices into a fair probability · Why Pinnacle is the reference price · Closing line value, explained · Why parlays cost more than the same bets straight · Why player prop lines move · Is DraftKings or Pinnacle sharper on NBA player props? · How do I calculate a no-vig price? · What is a +EV player prop? · Why do DraftKings and Pinnacle prop lines differ? · What is a Trap Over? · Are NBA rebound unders profitable? · How do I compare sportsbook prop odds for free? · What does closing line value tell me? · How often do prop lines move before tip-off? · How do injury reports move NBA prop lines? · What is a market-maker sportsbook? · Is it better to bet the over or the under on player props? · Can you make money betting player props? · Can you bet at Pinnacle from the US? · What free tools help with player prop betting? · Does betting DraftKings when it disagrees with Pinnacle work? · What does over/under mean on a player prop? · How do sportsbooks set player prop lines? · What is a sharp bettor? · How do I convert American odds to implied probability? · What is a steam move in sports betting? · What are alternate lines on player props?

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