What are No-Vig Odds? | Sports Betting Education

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Video Summary

Sports betting analysts at Oddsjam.com stress the importance of understanding no big odds and how they can give sports bettors a mathematical edge. The no big fair odds calculator eliminates the Vig, or the profit margin that sportsbooks make, allowing bettors to determine the true odds of a game. This means they can identify where the best place to place wagers is and gain an advantage over the sportsbooks. For example, in a scenario where a sportsbook is offering minus 125 odds on a team to win, the true odds without the Vig are around 53.85% in favor of the opposing team. By eliminating the Vig, bettors can identify where they can find better odds and place winning bets.

The goal of Oddsjam.com is to help bettors become mathematically profitable by teaching them how to use calculators and resources to extract the Vig and find true odds. By identifying no big odds, bettors can flip the script and gain an edge over the sportsbooks. For example, if a bettor finds a sportsbook that offers plus 110 odds on a team, while another book offers minus 125 odds, they would have a 46.15% chance of winning the bet without the Vig, giving them a significant mathematical edge.

https://oddsjam.com/subscribe: 7 day trial of sharp, profitable betting tools. The OddsJam co-founder graduated from Stanford in …



https://oddsjam.com/subscribe: 7 day trial of sharp, profitable betting tools. The OddsJam co-founder graduated from Stanford in …