1. #1
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    I Know Gamblers That Never Ever Bet any juice

    No idea if it works

    Only bets they make is when a + in front of the number

  2. #2
    johnnyvegas13
    johnnyvegas13's Avatar SBR PRO
    Join Date: 05-21-15
    Posts: 26,177
    Betpoints: 234

    I have thought of this myself

    ussually don’t like ml over -130

    always betting + money good rule for live betting tho

  3. #3
    d2bets
    d2bets's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 39,776
    Betpoints: 21641

    Quote Originally Posted by johnnyvegas13 View Post
    I have thought of this myself

    ussually don’t like ml over -130

    always betting + money good rule for live betting tho
    Live betting shows you the value of each point. Like you will see into a 4th quarter your team might be -4.5-120 or -5.5+120. Something like that. And so at that point would you rather have -4.5-115 or -5.5+105 in your portfolio? It's a combination of the odds and the spread. You can't ignore either. + money isn't a holy grail. Juice can also be paid in the form of a bad spread.

  4. #4
    stevex
    stevex's Avatar SBR PRO
    Join Date: 05-02-10
    Posts: 5,119
    Betpoints: 11350

    Good luck with that in tennis or especially the NHL this season. Favorites have been killing it in those sports.

  5. #5
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2187

    As Brock says. You don’t pay juice if you win.

  6. #6
    johnnyvegas13
    johnnyvegas13's Avatar SBR PRO
    Join Date: 05-21-15
    Posts: 26,177
    Betpoints: 234

    Quote Originally Posted by d2bets View Post
    Live betting shows you the value of each point. Like you will see into a 4th quarter your team might be -4.5-120 or -5.5+120. Something like that. And so at that point would you rather have -4.5-115 or -5.5+105 in your portfolio? It's a combination of the odds and the spread. You can't ignore either. + money isn't a holy grail. Juice can also be paid in the form of a bad spread.
    I meant + money on ml not spreads

    that way u can take other side ml at +money

  7. #7
    johnnyvegas13
    johnnyvegas13's Avatar SBR PRO
    Join Date: 05-21-15
    Posts: 26,177
    Betpoints: 234

    Quote Originally Posted by flyingillini View Post
    As Brock says. You don’t pay juice if you win.
    If that’s not the dumbest thing I heard

    u r evutuly gonna lose and pay the jice

  8. #8
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2187

    Quote Originally Posted by johnnyvegas13 View Post
    If that’s not the dumbest thing I heard

    u r evutuly gonna lose and pay the jice
    Agreed but it’s what he says. He wins more than he loses.

  9. #9
    shadymcgrady
    shadymcgrady's Avatar Become A Pro!
    Join Date: 02-27-12
    Posts: 10,036
    Betpoints: 2978

    So that means the odds are NEVER factored into the line? Wow what a shocking discovery, I'm actually more surprised the thread title wasn't written in crayon with a backwards R or two

  10. #10
    pilebuck13
    pilebuck13's Avatar Become A Pro!
    Join Date: 05-15-15
    Posts: 17,889
    Betpoints: 1717

    Quote Originally Posted by shadymcgrady View Post
    So that means the odds are NEVER factored into the line? Wow what a shocking discovery, I'm actually more surprised the thread title wasn't written in crayon with a backwards R or two
    Shady there are guys on here who are waiting for the chance to battle you at a bash

  11. #11
    OldBill
    OldBill's Avatar Become A Pro!
    Join Date: 11-02-21
    Posts: 6,020
    Betpoints: 5240

    i never do live betting i play fg only and only nfl because i know when to bet on or aginst a team

    like my new system fade teams after they lose a game by 1 point is producing 93% wins over 11 years

  12. #12
    GunShard
    Invest In Ethereum And Bitcoin
    GunShard's Avatar Become A Pro!
    Join Date: 03-05-10
    Posts: 9,983
    Betpoints: 1914

    Betting on UFC -300 and greater line is the only juice line that's profitable.

  13. #13
    stevenash
    stevenash's Avatar Moderator
    Join Date: 01-17-11
    Posts: 62,659
    Betpoints: 32267

    Quote Originally Posted by pilebuck13 View Post
    Shady there are guys on here who are waiting for the chance to battle you at a bash
    Shady's OK, I'll take on JJ.

  14. #14
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Classic quote there

    Quote Originally Posted by flyingillini View Post
    As Brock says. You don’t pay juice if you win.

  15. #15
    SamsNCharge99
    5x POTM. 2x Video maker of the year
    SamsNCharge99's Avatar Become A Pro!
    Join Date: 10-22-08
    Posts: 41,242
    Betpoints: 6404

    Love the juice. Dont know a + sign

  16. #16
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    90% of my bets probably +odds

    But that doesn't mean zero juice in markets...

  17. #17
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,511
    Betpoints: 24869

    Interesting topic. In theory, makes sense.

    Betting +100 means you have to hit > 50% winners to clear a profit. Easier said than done.

  18. #18
    TommieGunshot
    TommieGunshot's Avatar SBR PRO
    Join Date: 03-27-12
    Posts: 1,555
    Betpoints: 6350

    Quote Originally Posted by jjgold View Post
    No idea if it works

    Only bets they make is when a + in front of the number
    It is crazy that jj has been here for 17 years and still refuses to understand the most basic parts about betting. The entire purpose of a bookmaker is to charge juice on all bets. If I bet on a column on roulette at +200, the juice is that I need to win 33.33% of all bets to breakeven, but the probability of winning each bet is either 31.58% or 32.43%. Over time, the casino will earn 2.6% on a single zero wheel or 5.2% on a double zero. It is the same with sports betting. If I bet the Pirates at +200, but their chance of winning is less than 33.33%, I am paying juice to the bookmaker.

    There are ways to bet with an edge, where the payouts exceed the probability, but that can happen when betting +200 or -200, or any other price.
    Points Awarded:

    semibluff gave TommieGunshot 1 Betpoint(s) for this post.


  19. #19
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,189
    Betpoints: 410

    I know gamblers who bet winners regardless of lines.

    It is very simple. There are two lines in every game. Your job is to figure out which team will win and bet it. Your job is not to randomly bet a line that will lose so you can save on juice.

    Is this a gambling forum or a clown convention?

  20. #20
    TommieGunshot
    TommieGunshot's Avatar SBR PRO
    Join Date: 03-27-12
    Posts: 1,555
    Betpoints: 6350

    Quote Originally Posted by flyingillini View Post
    As Brock says. You don’t pay juice if you win.
    Explain how this is possible. If I bet the Raptors moneyline and they lose, I get back zero, no matter what the odds were. I was paid exactly the same as if I bet a fair line, or a line with juice. But if I bet them and win, the payout will change based on the line, which is based on the juice the bookie charges. If I bet them at -170 when a fair price was -150, that means my winning bet paid out 8% less that a fair line. In other words, the winning bet paid 8% in juice.

  21. #21
    False Start
    False Start's Avatar Become A Pro!
    Join Date: 12-08-21
    Posts: 238
    Betpoints: 402

    Quote Originally Posted by TommieGunshot View Post
    Explain how this is possible. If I bet the Raptors moneyline and they lose, I get back zero, no matter what the odds were. I was paid exactly the same as if I bet a fair line, or a line with juice. But if I bet them and win, the payout will change based on the line, which is based on the juice the bookie charges. If I bet them at -170 when a fair price was -150, that means my winning bet paid out 8% less that a fair line. In other words, the winning bet paid 8% in juice.
    EXACTLY.
    You pay juice on winners.

    Most people are still stuck in the old-times when you called in to a bookie and said "give me 20-timer on the Eagles."
    You would pay $110 if the bet loses, and collect $100 if the bet wins.

    However, in almost every other place you bet TO RISK $100. Lose only $100 if lose. (No juice)
    Get paid $90.90 if it's a winner.
    Juice is paid on winnings, not losses.

  22. #22
    shadymcgrady
    shadymcgrady's Avatar Become A Pro!
    Join Date: 02-27-12
    Posts: 10,036
    Betpoints: 2978

    Quote Originally Posted by pilebuck13 View Post
    Shady there are guys on here who are waiting for the chance to battle you at a bash
    I can't wait, I set bear traps all the time. The real tough guys aspiring to be mma stars that I get my arse kicked by in training are all the nicest dudes in the world.

    It's the loud mouth jerk offs that like to act tough until they realize they've walked into a trap

  23. #23
    dark star
    dark star's Avatar Become A Pro!
    Join Date: 01-04-09
    Posts: 3,899
    Betpoints: 5551

    yes JJ its true.....just keep betting pizzas at shitty SBR Sportsbook. FRAUD

  24. #24
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,511
    Betpoints: 24869

    Goldy, try it out. I think you'll find it hard to clear a profit over time.

    +Odds normally mean you're betting on the less talented team.

  25. #25
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ChuckyTheGoat View Post
    Goldy, try it out. I think you'll find it hard to clear a profit over time.

    +Odds normally mean you're betting on the less talented team.
    From day 1 of last NASCAR season to day 1 of it this year I only won just over 15% of bets that I placed, but made over 20% ROI on my gross turnover.

    Doesn't matter what the odds are if there is enough +EV in the play.

    And same with the when do you pay juice arguments. The only time there is no juice is when your bet is made at better than true odds. Win or lose, +odds or -odds.

  26. #26
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,511
    Betpoints: 24869

    Yes, Opti. It's about carving out an edge where True odds are better than the odds on your ticket.

    If you can do it (particularly on Nascar), props to you. Impressive.

    One question: How big of a THEORETICAL EDGE do you feel like you need b4 you are willing to place a bet? If you are clearing that profit margin on 15% winners, you must have hit some nice longshots.

  27. #27
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ChuckyTheGoat View Post
    Yes, Opti. It's about carving out an edge where True odds are better than the odds on your ticket.

    If you can do it (particularly on Nascar), props to you. Impressive.

    One question: How big of a THEORETICAL EDGE do you feel like you need b4 you are willing to place a bet? If you are clearing that profit margin on 15% winners, you must have hit some nice longshots.
    I'm not that mathematical about it on a bet by bet basis. I just work out my numbers at year end. Last year was a better than average result but it's normal. I could do way better if I really only took +EV bets, but as you know I am a motorsport nut and just like betting on it.

    But as far as edge. I probably find 2 or 3 bets per race week between 80-1 and 120-1 that I think should be 15-1 to 20-1.

    Those 2 or 3 shots per week = 100 bets a year with an expectation to win 5 (at 20-1 true odds)

    Not very often you will find 500% edges looking at low odds, or when only wanting to bet on the most talented player/team.


    You can specialize in only betting super dogs, like 500-1 or worse, and if you have the patience and the right bet size to bank roll ratio, I believe you pretty much cannot lose. As with the edges you will find will mean your accuracy of calculating true odds can be way less accurate than the guys capping -105/-105 markets.

  28. #28
    ChuckyTheGoat
    ChuckyTheGoat's Avatar SBR PRO
    Join Date: 04-04-11
    Posts: 31,511
    Betpoints: 24869

    Very good, Opti.

    I do believe in what I call the "niche handicapper." IE, a specialist in one or two betting markets.

    I believe it's definitely possible to know a given sport better than the oddsmaker. Keep it going, Opti, Good Luck.

  29. #29
    Goat Milk
    Goat Milk's Avatar SBR PRO
    Join Date: 03-24-10
    Posts: 25,838
    Betpoints: 10176

    Brooklyn ML +430 today in game. Were -8 before the game started.

  30. #30
    Brock Landers
    Forever in Debt to your Priceless Advice
    Brock Landers's Avatar Become A Pro!
    Join Date: 06-30-08
    Posts: 45,360
    Betpoints: 8792

    Quote Originally Posted by pavyracer View Post
    I know gamblers who bet winners regardless of lines.

    It is very simple. There are two lines in every game. Your job is to figure out which team will win and bet it. Your job is not to randomly bet a line that will lose so you can save on juice.

    Is this a gambling forum or a clown convention?
    I have to commend this comment.

    I've never seen what I do put into writing so perfectly. You summed up my approach to a T

  31. #31
    stevenash
    stevenash's Avatar Moderator
    Join Date: 01-17-11
    Posts: 62,659
    Betpoints: 32267

    Quote Originally Posted by jjgold View Post
    No idea if it works

    Only bets they make is when a + in front of the number
    Spot play baseball dogs.
    I know you've been ready my posts the past ten years Goldy, when have I bet a -180 favorite unless on a two team money line parlay?
    Now I may not have a 20 room mansion in Greenwich Ct. but I'm not a broke and buried either.


  32. #32
    texhooper
    texhooper's Avatar SBR PRO
    Join Date: 01-05-09
    Posts: 9,861
    Betpoints: 7835

    Quote Originally Posted by Brock Landers View Post
    I have to commend this comment.

    I've never seen what I do put into writing so perfectly. You summed up my approach to a T
    Pavy it’s now your turn for comment

  33. #33
    d2bets
    d2bets's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 39,776
    Betpoints: 21641

    The only way to not pay juice is to use a lot of books. Synthesize your juice. If you don't know what that means, you probably can't win.

  34. #34
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    I wonder if you just bet money lines and never bet a negative number

  35. #35
    d2bets
    d2bets's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 39,776
    Betpoints: 21641

    Not paying juice has nothing to do with + or - odds.

12 Last
Top