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No-Vig Fair Odds Calculator for Sports Betting (May 2025)

Matthew Glazier for Bookies.com

Matthew Glazier  | 

No-Vig Fair Odds Calculator for Sports Betting (May 2025)

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Bookies.com readers can benefit from a no-vig calculator before they place their bets at the best sports betting sites. If there’s a money line or spread, you can enter these odds into the no-vig fair odds betting tool. 

In doing so, you are then given the no-vig percentage along with the no-vig odds. It helps you understand real probabilities and prices when it comes to your sports betting. 

This no vig calculator guide will help you understand the definition of no-vig. We can also elaborate on fair odds and how they can be derived using a no-vig odds calculator. 

You can therefore understand the difference between sportsbook odds compared to no-vig odds. We’ll help you find true lines with your betting and the best way to use a no-vig line calculator. 

What Is No-Vig in Sports Betting?

No-vig means eliminating the house edge of a sportsbook. Each bookie will build in vig to each betting market. That way, they can take a commission from every bet. However, it regularly means that bettors don’t get the odds that accurately reflect the probability of a selection winning. Achieving no-vig provides a far greater chance of landing a winning return on a long-term basis. Let's explore the following example:

We might have the Miami Dolphins at the following NFL odds on the moneyline:

DraftKings -110

➝  bet365 +100

FanDuel +120

If we use the no-vig betting calculator for the DraftKings Sportsbook odds, it suggests that the Dolphins have a 50% chance of winning the game. However, the FanDuel odds give us a far bigger potential return on our stake. Therefore, we would take the latter selection, knowing that there’s value in betting at the bigger odds. 

What Do Fair Odds Mean?

At a sportsbook, you will always see implied odds. These are the odds you can wager on. The sportsbook odds don’t strictly reflect the probability of a pick winning. That is because they have an in-built vig. 

However, we can establish the true odds by using a fair-odds calculator. This will eliminate the vig and demonstrate the odds that would be available if a sportsbook weren’t looking to build in an edge

The no-vig calculator works in the sense that you add in the sportsbook odds for a two-way market. You can then see the no-vig percentage along with what the no-vig odds should be. If you can, then find a sportsbook offering either selection at bigger odds than it’s worth taking from an expected value point of view.

What’s the Difference Between Sportsbook Odds vs. No-Vig Odds?

The no-vig fair odds betting tool will neatly illustrate the difference between sportsbook odds and no-vig odds. A sportsbook will create a betting market where there’s a margin built into the bet. If a sportsbook were to offer heads or tails betting, it might offer -105 for both options.

Odds of -105 imply a probability of 51.3%, although we know that the correct odds for heads and tails would be +100. That sums up the difference between sportsbook odds and no-vig odds. A no-vig calculator would outline this, and it’s worth using when you are looking to get value on your NFL and NBA wagers. 

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How to Calculate No-Vig Fair Odds?

It stands to reason that a no-vig calculator will work best when finding out fair odds. It’s always good to find out the latter to see if your probability is higher or not. When betting against a sportsbook, you always need to remember that built-in juice. However, the fact that sportsbooks offer different odds means we can take advantage. 

Houston Rockets +5.5 at odds of -110 could be playing Golden State Warriors -5.5 at NBA odds of -110. Entering these numbers into a no-vig fair odds betting tool will outline that both picks have a 50% probability of winning. That means no-vig odds of +100 for each selection. 

The fair-odds calculator will always give you definitive odds, and it’s the goal to try and find bigger odds with a different sportsbook. 

What Is the Average Vig Percentage?

The average vig percentage depends on several factors. Firstly, each sportsbook will have a different approach to vig. Secondly, it depends on the sport and the market. It’s pretty common to find a 5% vig built into the betting odds. The no-vig line calculator can reveal this number every time. 

Let’s say that the Miami Dolphins and Chicago Bears are -110 on the moneyline at BetMGM Sportsbook. That means that a $110 bet on each team would return $210, although you would have laid out $220. The profit that BetMGM makes here is $10. If we divide this amount by the actual payout, then we are left with 0.0476, which is 4.76%.

How to Remove Vig and Find True Lines?

It’s important to find the true lines in sports betting. This then enables you to see the vig that is being applied. A no-vig calculator is one of the best ways to visibly remove the juice. So that you can see the fair odds and work out how to wager by finding the true lines.

OddsJam provides so many valuable betting tools that can be used to good effect. A no-vig odds calculator is just one of many resources that can be used when you’re a subscriber. Soon enough, you will be entering all odds into a no-vig betting calculator to approach your betting more smartly.

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How to Use a No-Vig Fair Odds Calculator?

If the no-vig fair odds betting tool suggests that the Golden State Warriors are +100 on the moneyline, then we need to find a sportsbook that is offering those odds. It’s even better if a bookmaker has odds such as +105 or +110 for this pick. That means you are removing vig and also enabling juice from your own side.

The good news is that it’s a simple case of inputting the numbers to achieve the result. We recommend subscribing to OddsJam and testing their No Vig Fair Odds Calculator. This software is user-friendly, which means that you are given solutions that can then be acted upon. You can then decide on a staking plan that is going to potentially help you land an edge over the bookmakers.

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When to Use a No-Vig Fair Odds Calculator?

We always think that using a no-vig calculator can form the basis for your sports bets. It’s a sensible first step when it comes to sanity-checking your wager. 

Knowing the true odds for a pick will then enable you to find the sportsbook that is offering a price that is bigger than the above. That way, you are getting value every time.

It also means that you are taken a data-led approach and planning the best bets. The no-vig fair odds betting tool takes the emotion of out of betting decisions. It minimizes human error and ensures that you make better betting choices. 

Tips to Use a No-Vig Fair Odds Calculator?

  • Enter odds from different sportsbooks
  • Use extra tools in addition to the no-vig odds calculator
  • Consider the Arbitrage Calculator, Implied Probability Calculator, and Positive EV Calculator
  • OddsJam has a first-class no-vig line calculator available
  • Ensure you can place a certain stake on both selections
  • Choose sportsbooks that have a high maximum stake to take full advantage

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How Does OddsJam Work?

OddsJam is on hand to provide a range of tools, including a no-vig betting calculator. Each sportsbook operates independently and covers a range of sports. For each sport, you can see a host of games, and there are lots of betting options. Therefore, it’s possible to take advantage of the disparity between the odds of two sportsbooks for the same selection

OddsJam is on hand to take advantage of any mistakes or discrepancies. You can take advantage of the fair-odds calculator and scan the odds to get the value every time. We highly recommend checking out our OddsJam Review to learn all you need to better understand this amazing sports betting software.

There are lots of other sports betting tools that can be used in conjunction. Some experts can provide free coaching calls and quality customer service. Everything is designed to have a better chance of profiting on a long-term basis. 

How to Create an OddsJam Account

It’s easy to create an OddsJam account. Here at Bookies.com, we have teamed up with this leading software stats company. That means you can benefit from a discount and start enjoying the overall service. You can also benefit from a seven-day free trial.

  • The first step is to tap through to OddsJam from Bookies.com
  • You can then choose from the gold or platinum package
  • There’s the option to choose a seven-day free trial with either
  • You can then enter some basic details 
  • Add your payment information
  • Make sure you apply the OddsJam Promo Code BOOKIES when adding this info

Vig Calculator FAQ

What does Fair Odds mean?

Fair odds means the actual odds without the vig that is added to all bets by the sportsbooks. If a team is -110 to win, their fair odds might actually be +100. You can use the no-vig calculator in order to arrive at the fair odds. This helps you understand where you can get the betting value.

What is a Vig?

A vig is the commission that is added to a sports bet by the bookmaker. It means that a sportsbook aims to have a margin against the customers to make a profit. It doesn’t mean that you have to involve the vig. The no-vig fair odds betting tool will help you understand the real odds without the vig. 

What is OddsJam?

OddsJam is a reputable company who provide a range of tools. You can subscribe for this service entering a promo code. Bookies.com can benefit from a no-vig calculator and this is just one of several tools available. You can essentially see the value selections which indicates the percentage gain that can be had with each wager. 

What is the OddsJam Promo Code?

OddsJam and Bookies.com have teamed up to ensure that our readers can benefit from a discount when signing up. You can enter the OddsJam Promo Code BOOKIES to get a $25 bonus. The code can be entered on a payment page. There are lots of different payment options available. 

Is OddsJam legit?

OddsJam is a legit company who have been earning rave reviews from bettors worldwide. They operate a paid subscription service where you can be given information when it comes to the best sports betting picks. It’s a case of using simple math to get the value each time with a particular sportsbook. 

How to subscribe for OddsJam trial account?

All OddsJam customers can benefit from having a trial account. That means being able to take advantage of a seven-day service before deciding whether to go ahead with a subscription. Tap through from Bookies.com to OddsJam and sign up for this award-winning service. 

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About the Author

Matthew Glazier for Bookies.com
Matthew Glazier
Matthew Glazier, the former Head of Marketing at bet365, is a veteran in the online betting industry and contributes to Bookies.com. Whether it's online casino or sports betting, there's nothing he hasn't seen before. He's always got his eye out for new casinos, betting features and bonuses.

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