How to Remove the Vig From Betting Odds
A posted price is two things at once: the sportsbook's estimate of a probability, and its charge for taking the bet. Separating them is the single most useful calculation in betting.
Updated 5 min read
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The decisions that happen before the bet: removing the vig to find the number underneath a price, shopping a line, and understanding what an edge is worth.
A posted price is two things at once: the sportsbook's estimate of a probability, and its charge for taking the bet. Separating them is the single most useful calculation in betting.
Updated 5 min read
Picking winners is hard and uncertain. Getting the best available price on the pick you have already made is easy and certain, and it is worth more than most handicapping.
4 min read
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