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Odds drop calculator

Turn an old price and a new price into a percentage drop and a probability change.

An odds drop is the change from a previous price to the current price. This calculator reports that change as a percent of the old price and as implied-probability points.

Calculations run entirely in your browser; no data is saved.

Price change-12.38%
Probability points+0.07 pts
Relative probability change+14.13%

Under 20%. Pinnacle Terminal labels a pre-match move Sharp drop when the odds fall roughly 20% or more from their recent high. The 0–10 grade also uses speed, limit and trend, which this calculator does not see.

Formula

Price drop = (previous − current) ÷ previous. Probability points = 1 ÷ current − 1 ÷ previous.

Worked example

2.10 to 1.84 is a 12.38% price drop and +6.73 probability points. 3.00 to 2.40 is a 20% drop and +8.33 probability points: the Sharp drop size when 3.00 is the recent high.

FAQ

What counts as a big odds drop?

Size is only one part. Speed, the limit and the trend matter too. See what are dropping odds.

Should I use price percent or probability points?

Price percent describes the quote. Probability points describe how much the implied chance moved. A long price can drop a lot in percent and little in probability.

Does a drop mean value at my bookmaker?

Only if your bookmaker's odds are longer than the fair price. A drop on its own is not an edge.

Why compare with the high, not the opener?

A price can fall back toward where it opened. That is a rebound, not a new move. See odds rebound after a drop.

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