{
  "dataset": "sportsbook-pricing-worked-markets",
  "version": "1.0.0",
  "checked_date": "2026-08-29",
  "metadata": {
    "scope": "Worked implied-probability and no-vig examples.",
    "methodology_url": "/research/sportsbook-pricing-methodology/",
    "warning": "Normalized probabilities are model outputs, not proven true probabilities."
  },
  "rows": [
    {
      "market": "Two-way symmetric",
      "outcome": 1,
      "decimal_odds": 1.91,
      "raw_implied_probability_percent": 52.356021,
      "book_percentage_percent": 104.712042,
      "overround_percent": 4.712042,
      "proportional_no_vig_probability_percent": 50.0,
      "proportional_no_vig_decimal_odds": 2.0
    },
    {
      "market": "Two-way symmetric",
      "outcome": 2,
      "decimal_odds": 1.91,
      "raw_implied_probability_percent": 52.356021,
      "book_percentage_percent": 104.712042,
      "overround_percent": 4.712042,
      "proportional_no_vig_probability_percent": 50.0,
      "proportional_no_vig_decimal_odds": 2.0
    },
    {
      "market": "Two-way asymmetric",
      "outcome": 1,
      "decimal_odds": 1.8,
      "raw_implied_probability_percent": 55.555556,
      "book_percentage_percent": 103.174603,
      "overround_percent": 3.174603,
      "proportional_no_vig_probability_percent": 53.846154,
      "proportional_no_vig_decimal_odds": 1.857143
    },
    {
      "market": "Two-way asymmetric",
      "outcome": 2,
      "decimal_odds": 2.1,
      "raw_implied_probability_percent": 47.619048,
      "book_percentage_percent": 103.174603,
      "overround_percent": 3.174603,
      "proportional_no_vig_probability_percent": 46.153846,
      "proportional_no_vig_decimal_odds": 2.166667
    },
    {
      "market": "Three-way example",
      "outcome": 1,
      "decimal_odds": 2.2,
      "raw_implied_probability_percent": 45.454545,
      "book_percentage_percent": 107.124375,
      "overround_percent": 7.124375,
      "proportional_no_vig_probability_percent": 42.431562,
      "proportional_no_vig_decimal_odds": 2.356736
    },
    {
      "market": "Three-way example",
      "outcome": 2,
      "decimal_odds": 3.4,
      "raw_implied_probability_percent": 29.411765,
      "book_percentage_percent": 107.124375,
      "overround_percent": 7.124375,
      "proportional_no_vig_probability_percent": 27.455717,
      "proportional_no_vig_decimal_odds": 3.642229
    },
    {
      "market": "Three-way example",
      "outcome": 3,
      "decimal_odds": 3.1,
      "raw_implied_probability_percent": 32.258065,
      "book_percentage_percent": 107.124375,
      "overround_percent": 7.124375,
      "proportional_no_vig_probability_percent": 30.112721,
      "proportional_no_vig_decimal_odds": 3.320856
    },
    {
      "market": "Tighter two-way",
      "outcome": 1,
      "decimal_odds": 1.95,
      "raw_implied_probability_percent": 51.282051,
      "book_percentage_percent": 102.564103,
      "overround_percent": 2.564103,
      "proportional_no_vig_probability_percent": 50.0,
      "proportional_no_vig_decimal_odds": 2.0
    },
    {
      "market": "Tighter two-way",
      "outcome": 2,
      "decimal_odds": 1.95,
      "raw_implied_probability_percent": 51.282051,
      "book_percentage_percent": 102.564103,
      "overround_percent": 2.564103,
      "proportional_no_vig_probability_percent": 50.0,
      "proportional_no_vig_decimal_odds": 2.0
    }
  ]
}