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League Two · England ·

Bristol Rovers – Exeter City: the real probabilities

League Two · England. The chance of each outcome once the bookmaker margin is removed — what a bet is truly worth.

Reference: Pinnacle (margin removed) · 164 € traded on the exchange

1X2

57 %
Bristol Rovers
22 %
Draw
22 %
Exeter City
OutcomeProbabilityFair odds
Bristol Rovers56.6 %1.77
Draw21.8 %4.60
Exeter City21.6 %4.62
%
BabethThe market makes Bristol Rovers the favourite at 57 %: a fair price would be 1.77. Only bet if a bookmaker pays more than that.

Total goals

LineOverUnderFair odds
2.7546.9 %53.1 %2.13 / 1.88

Handicap

HandicapBristol RoversExeter City
Bristol Rovers 0.7548.7 %51.3 %

Updated 6 min ago · Probabilities: margin removed from the sharpest bookmaker's odds (power method), blended with the market consensus. This is not a prediction: a 60 % favourite loses 4 times out of 10.

Is a bookmaker wrong about Bristol Rovers – Exeter City?

Babeth checks nearly 30 bookmakers against these probabilities every 45 seconds. When one pays more than the fair odds, she tells you where, at what price and how much to stake.

How are these probabilities computed?

Bookmakers build a margin into their odds: the implied probabilities add up to more than 100 %. We start from the sharpest bookmaker on the market — the one whose prices best predict results — and remove that margin (power method) so the probabilities sum to exactly 100 %.

We then blend in the consensus of the other bookmakers, weighted by how many quote the market. The result is a fair probability and a fair odds figure: the price at which a bet neither wins nor loses money in the long run.

It is not a prediction. A 65 % favourite loses more than one time in three. The only way to make money is to be paid more than the real chance justifies — which is exactly what the app looks for.