The no vig calculator is one of the more unique betting calculators available at OddsMonkey, as it does not work in a traditional sense like other calculators. The no vig calculator aims to strip away the bookmaker’s margin, which is sometimes referred to as vig. This tool is perfect for bettors looking to identify value bets, calculate expected value and make the most of their sports betting! With its diverse range of modes and unique mechanics, this calculator is recommended for those who are always trying to stay ahead of the market, as it displays market margins and optimal stakes.
At OddsMonkey, we are going to look through how this calculator works, what it can do and why you should be using it if you are interested in sports betting.
What Is The No Vig Calculator
The no vig calculator is not like any other calculator that we have seen across the matched betting range, as this one does not involve any matched betting elements. Instead, this calculator is designed to remove the bookmaker’s margin, allowing bettors to see the true value and probability of each selection.
As this calculator reveals the true value of selections, it has become incredibly popular among sports bettors, as it helps them make informed betting decisions and identify the bet value. By finding the market’s margin, bettors can discover the best value bets and therefore make smarter sports betting decisions.
Now that we know what the no vig calculator is, we are going to run through exactly how bettors can operate it, allowing this tool to be used when planning and placing bets.
How To Use The No Vig Calculator
Similar to other betting calculators at OddsMonkey, the no vig calculator is extremely simple to use, and it can improve your planning process when it comes to placing bets. To begin, you must find some selections that you want to find the value of; you can then input these into the calculator.
The calculator will then display the market’s margin as a percentage, representing the bookmaker’s edge. Then, the calculator will generate a table which showcases important information such as the bookie odds, the no vig odds and the expected value. With all these values shown, you can then find out the difference between the bookmaker odds and true odds, and then decide whether the bet is worth placing or not.
Why Use The No Vig Calculator
The no vig calculator is well suited to those who take part in value betting and are trying to get the most value out of the bets they place. The no vig calculator is perfect for value betting as it showcases the expected value from different selections, meaning you can use the calculator to work out which bets are the best for value betting and which ones offer the most value. By finding positive value bets, bettors should theoretically minimise the odds of making a loss over a long period of time.
With the calculator outlining the most valuable bets, this is a technique that we recommend using in conjunction with matched betting and other value betting strategies. If you are interested in what these other techniques are, then you can check out the matched betting blog, which is full of vital information and guides.
Who Can Use The No Vig Calculator
The no vig calculator is available to be used by anyone who enters the OddsMonkey site, meaning it is not restricted to members only. As the no vig calculator is suited to all different types of sports betting, there are no limits to how this calculator can be used, unlike calculators such as the Rule 4 calculator, which is limited to horse racing.
The no vig calculator can be used to find the true value of any bets that bookmakers offer, meaning you can use this calculator for football betting, horse racing betting and many other sports!
Unlike other calculators, the no vig calculator does not require much specialist knowledge on matched betting techniques, making it a calculator that all bettors can use, whether you are experienced with matched betting or new to this strategy.
✅For those who want to find the best value
✅Can be used for both experienced bettors and beginners
❌Not for those who are not interested in making the most of sports betting
No Vig Calculator At OddsMonkey
Being one of the most fascinating calculators, the no vig calculator is an essential tool at OddsMonkey, which can really benefit how you place sports bets and how to make the most of your betting.
If you are interested in more betting calculators that can revolutionise the way that you bet, check out calculators such as our matched betting calculator and our Lucky 15 calculator.
