Free No Vig Calculator - A Must Have Tool For Sports Bettors
Above is our No Vig Calculator, which has a built in hedge calculator if the odds give the bettor an arbitrage opportunity. Feel free to use it and link to your calculations as needed.
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Odds
No Vig % No Vig Odds Hedge Wager Guaranteed $
Link to this calculation
What is a “No Vig Calculator”?
Well first of all it is important to know that “Vig”, or “Vigorish” for full, refers to the bookmaker’s or the house’s commission on a wager. It is also more commonly referred to as the “Juice”.
A No Vig Calculator allows you to enter the odds on either side of a game or match and it will remove the vig from the odds. This will show you the actual percentage that the bookmaker is giving either side of the wager to win without the added commission the book takes.
It will also display what the moneyline odds should be without the vigorish.
An Example of the No-Vig Calculator:
Let’s say that Pinnacle sports has an NFL game listed with the following odds:
Dallas Cowboys (+165)
@ Pittsburgh Steelers (-175)
If you enter -175 in one side of the No Vig Calculator and the +165 in other side the calculator will give you the No Vig % and the No Vig Odds.
Sportsbooks that take US bets and publish their sign-up terms
These books accept US customers and state the rollover attached to the sign-up offer. Free-bet offers and deposit matches are listed on the same basis so the numbers are comparable line by line.
- 1
BetOnline 9.6Online since 2001 · Sportsbook + poker + casino · Crypto · 3–5 min
Crypto acceptedSportsbookPoker roomFrom $20Panama Gaming Control Board licenceSports welcome: 50% free bet up to $250Minimum deposit $20 · Code FREE250Bonus detail
Welcome offer Sports welcome: 50% free bet up to $250 Minimum deposit $20 Bonus code FREE250 Withdrawals Crypto · 3–5 min Licence Panama Gaming Control Board Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 2
Typical withdrawal: Crypto · 3–5 min. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Crypto cashier for same-day withdrawals
- Sportsbook, poker room and casino share one balance
- Welcome offer triggers from a $20 deposit
- Trading since 2001, one of the longest US-facing records
Watch for- No free spins attached to the welcome offer
- Short coin list — crypto limited to the majors
- Offer only applies if the code FREE250 is entered on deposit
- 2
BetUS 9.3Online since 1994 · Sportsbook + casino · Crypto · 0–1h
Crypto acceptedSportsbookFrom $100Curacao licenceSports welcome: 125% up to $2,500 (100% sportsbook + 25% casino)Wagering 14x sports · Minimum deposit $100 · Code JOIN125Bonus detail
Welcome offer Sports welcome: 125% up to $2,500 (100% sportsbook + 25% casino) Wagering 14x sports Minimum deposit $100 Bonus code JOIN125 Withdrawals Crypto · 0–1h Licence Curacao; Comoros Gambling License Authority Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 2
Typical withdrawal: Crypto · 0–1h. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Crypto cashier for same-day withdrawals
- One account covers the sportsbook and the casino
- Trading since 1994, one of the longest US-facing records
- Headline offer runs to $2,500
Watch for- Needs $100 in to claim the welcome offer
- No free spins attached to the welcome offer
- Short coin list — crypto limited to the majors
- 3
Bovada 9.0Online since 2011 · Sportsbook + poker + casino · Crypto · 10–15 min
Crypto acceptedSportsbookPoker roomFrom $10Curacao licenceCrypto sports welcome: 75% up to $750 with a 5x rolloverWagering 5x · Minimum deposit $10 · Code BTCSWB750Bonus detail
Welcome offer Crypto sports welcome: 75% up to $750 with a 5x rollover Wagering 5x Minimum deposit $10 Bonus code BTCSWB750 Withdrawals Crypto · 10–15 min Licence Curacao Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 2
Typical withdrawal: Crypto · 10–15 min. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Crypto cashier for same-day withdrawals
- Sportsbook, poker room and casino share one balance
- Welcome offer triggers from a $10 deposit
Watch for- No free spins attached to the welcome offer
- Short coin list — crypto limited to the majors
- Offer only applies if the code BTCSWB750 is entered on deposit
- 4
SportsBetting.ag 8.6Online since 2003 · Sportsbook + poker + casino · Crypto · 10–15 min
4 cryptocurrenciesSportsbookPoker roomFrom $50Panama Gaming Control Board licenceSports welcome: 50% up to $250 in free bets plus 100 free spinsMinimum deposit $50 · No code neededBonus detail
Welcome offer Sports welcome: 50% up to $250 in free bets plus 100 free spins Minimum deposit $50 Bonus code None required Withdrawals Crypto · 10–15 min Licence Panama Gaming Control Board Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 4
Typical withdrawal: Crypto · 10–15 min. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Banks in 4 cryptocurrencies, so withdrawals clear in minutes
- Sportsbook, poker room and casino share one balance
- Trading since 2003, one of the longest US-facing records
Watch for- Needs $50 in to claim the welcome offer
- No free spins attached to the welcome offer
- 5
MyBookie 8.3Online since 2014 · Sportsbook + casino · Crypto · 0–1h
3 cryptocurrenciesSportsbookFrom $50Sports welcome: 100% up to $1,000Wagering 10x · Minimum deposit $50 · Code MYB100Bonus detail
Welcome offer Sports welcome: 100% up to $1,000 Wagering 10x Minimum deposit $50 Bonus code MYB100 Withdrawals Crypto · 0–1h Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 3
Typical withdrawal: Crypto · 0–1h. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Crypto cashier for same-day withdrawals
- One account covers the sportsbook and the casino
Watch for- Needs $50 in to claim the welcome offer
- No free spins attached to the welcome offer
- Offer only applies if the code MYB100 is entered on deposit
- 6
Sports welcome: 100% up to $200 (crypto) / 50% up to $200 (card)Wagering 10x · Minimum deposit $45 · Code XBCRYPTO100Bonus detail
Welcome offer Sports welcome: 100% up to $200 (crypto) / 50% up to $200 (card) Wagering 10x Minimum deposit $45 Bonus code XBCRYPTO100 Withdrawals Crypto · instant Banking
Deposit routes: Crypto, Card, Wire
Cryptocurrencies supported: 1
Typical withdrawal: Crypto · instant. Card and wire payouts run to several business days at every offshore book, which is why the crypto rail is the one we time.
Pros and cons
What works- Crypto cashier for same-day withdrawals
- One account covers the sportsbook and the casino
Watch for- Needs $45 in to claim the welcome offer
- No free spins attached to the welcome offer
- Short coin list — crypto limited to the majors
Advertising disclosure. Links marked “Visit” are commercial and we may be paid when you open an account through them. That does not change the order above: it follows the offer terms, the banking and the operating record. 21+ only. Gambling should be entertainment, never income — if it stops being that, call 1-800-GAMBLER.
You will see that the No Vig % of Pittsburgh to win is 62.77% according to Pinnacle Sports. The No Vig % of Dallas to win is 37.23%
Under that you will also notice that the odds without the added commission would be Pittsburgh -168.61 and Dallas +168.60.
If you were to take the Steelers moneyline odds before taking out the vig and inputting it into our odds calculator you will see that the implied probability (break even %) is 63.64%. Compare that with the No Vig % of 62.77% and you can see how the sportsbooks make their money.
When Does This Come In Handy?
One example can be taken from today’s closing MLB baseball odds. If you input that into the No Vig Calculator you will see that the No Vig % of Houston winning was 40.97% and their No Vig Odds were +144.08.
I then noticed that BetOnline had Houston listed at +150, which only needs a 40% hit rate to break even. If Pinnacle’s lines represented the market accurately, which they usually do, it would provide a good opportunity to back Houston at +150 at BetOnline.
Of course you don’t want to blindly make that a bet, but if you were handicapping baseball and you thought Houston +150 was a good play using the No Vig Calculator might further your argument.
How Does The Hedge Calculator Work?
If you input two lines the calculator will let you know if there is a hedge or arbitrage opportunity.
Just as an example let’s say that one sportsbooks is offering an NHL wager on the Toronto Maple Leafs at -110, while you notice another has the Leafs at +115. When you input those into the No Vig Calculator you will notice that two new rows appear, which is apart of the Hedge Calculator.
The first row is always going to show you your hedge opportunity with a $100 bet on the left hand side. On the right hand side you will see $88.79, which is the amount you should put on the +115. As you can see in the Guaranteed $ row every $100 will give you a guaranteed $2.11 in profits. So if you were to move the decimal over one place for a $1000 wager you would have $21.10 in guaranteed profits.
Here is another example. Let’s say you bet a big college basketball underdog that is +900 before the game starts. They take a big lead into halftime and you see that the betting sites are offering their opponent at +500 to win the game at halftime. Input those two lines and you will see that “Hedge Wager” and “Guaranteed $” fields will pop up (click here for the input).
On the left side you will see $100 for Hedge Wager. This calculator always assumes a $100 bet, and then you can work the math from there if needed. On the right hand side you will see $166.67. That is the amount you should bet on the other side (+500) in this case.
I hope that helps and you can find this No Vig/Hedge Calculator helpful!