1. #1
    illfuuptn
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    Sportsbook roi?

    Anyone know the roi for sportsbooks for average games in nhl, nfl, etc.? Where can I find that info?

  2. #2
    sharpcat
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    By ROI I would assume that you are referring to the books hold percentage????

  3. #3
    illfuuptn
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    Quote Originally Posted by sharpcat View Post
    By ROI I would assume that you are referring to the books hold percentage????
    If that means the amount they make per game on average compared to the amount wagered then yes.

  4. #4
    username474
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    4% is what Nevada holds.

  5. #5
    That Foreign Guy
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    Find a listed sportsbook - there are plenty in the UK.

    Read their annual report.

    That may give you a clue. Otherwise, assume it's about equal to their overround (more if they take sides a lot and are good at it less if they aren't).

  6. #6
    Justin7
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    Most sportsbooks hold LESS than their theoretical hold for a wager. For example, you would expect a book to hold 4.5% on sides. Most books probably hold about 3.5% -- this is due to wise guys, and/or having bad positions after line moves.

    Parlay and exotic holds are obviously much higher.

  7. #7
    illfuuptn
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    Quote Originally Posted by Justin7 View Post
    Most sportsbooks hold LESS than their theoretical hold for a wager. For example, you would expect a book to hold 4.5% on sides. Most books probably hold about 3.5% -- this is due to wise guys, and/or having bad positions after line moves.

    Parlay and exotic holds are obviously much higher.
    thanks Justin. You are a big help and I really appreciate it. So do you think the hold for hockey is even lower since it probably attracts a higher % of sharps then say the NFL? Also, where did you get this information if you don't mind my asking?

  8. #8
    illfuuptn
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    Quote Originally Posted by That Foreign Guy View Post
    Find a listed sportsbook - there are plenty in the UK.

    Read their annual report.

    That may give you a clue. Otherwise, assume it's about equal to their overround (more if they take sides a lot and are good at it less if they aren't).
    thank you I'll look into that

  9. #9
    Justin7
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    Quote Originally Posted by illfuuptn View Post
    thanks Justin. You are a big help and I really appreciate it. So do you think the hold for hockey is even lower since it probably attracts a higher % of sharps then say the NFL? Also, where did you get this information if you don't mind my asking?
    Yes, I think Hockey would be tougher. In some cases, books can have negative holds. This is especially the case in smaller markets.

    I talk to a lot of different sportsbook management about all sorts of issues. I keep my ears open about anything they say.

  10. #10
    FourLengthsClear
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    Quote Originally Posted by That Foreign Guy View Post
    Find a listed sportsbook - there are plenty in the UK.

    Read their annual report.

    That may give you a clue. Otherwise, assume it's about equal to their overround (more if they take sides a lot and are good at it less if they aren't).
    Hold percentages for UK High Street bookmakers is amazingly high, upwards of 7% IIRC.

    Bear in mind that the majority of bets they take are on three-way soccer lines (mostly parlays too) as well as Horse Racing and Greyhound Racing which have massive overrounds (30%+ in most cases).

  11. #11
    byronbb
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    have a look at the reports by nevada's gaming commission

    http://gaming.nv.gov/gaming_revenue_rpt.htm
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    illfuuptn gave byronbb 10 SBR Point(s) for this post.


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