If you're going to find +EV bets, you need a reference price — something that says "this is what the true probability is." Pinnacle's no-vig odds are the closest thing the industry has to that reference. This lesson is what they are, why they work, and how to compute them yourself in five seconds of math.
Why Pinnacle is the reference book
Most sportsbooks make money the same way: they post odds with a built-in margin (the vig) and try to balance the action on both sides so they collect the margin regardless of outcome. Pinnacle does almost the opposite. They run a low-margin, high-volume operation that welcomes sharp bettors — including arbitragers — because the information sharp money brings to their lines is more valuable to them than the small losses they take on individual bets.
