Not sure where to post...

[Nick_Nack]

But with Real betting sites, do they take out a % each bet? or any fees? I've never bet with real cash and just wondering how it works... Since I'm doing pretty decent on here with picks..


Sorry if its a wrong place to post..

[xkgb]

u usually have to pay 10% "juice" thats a fee bokkies charge on a standard even line, at least "locals" do...Offshore bookies do the same, unless u take underdog, then u GET more then u lay....for instance(+100) means u get even $100 for a hundred layed...+120 means u get $120 for your 100 layed, and -120 or watever is how much u NEED to lay to win a hundred for instance...Hope this helps

[DennisGreen]

There's no fees for bets won for example if you bet $500 on a +100 play you win $500. Not like the books take a $3 rake for example. The only fees you should encounter is when you cash out.

[Nick_Nack]

Kind of helps.... still pretty confusing... The 10% is the -120 ? Or am I way off here..lol

[Nick_Nack]

What kind of fee do you encounter when you cash out?

[DennisGreen]

What kind of fee do you encounter when you cash out?

Fees for cheques, wires etc. Most times if you do a DBT there isn't a fee.

[Nick_Nack]

Hmm so you are saying not really any fees then... just you get less cash if you bet on the favorites is what xkgb is saying?

[DennisGreen]

Hmm so you are saying not really any fees then... just you get less cash if you bet on the favorites is what xkgb is saying?

Yeah -120 you bet $120 to win $100 etc. Those are just the lines though, there's no fee associated with bets you make. It's not like poker when you win a pot the dealer takes a rake.

[Nick_Nack]

Another question, is there any min-max you can bet?

[odog11]

Yes, there are, but if you are just starting I would not worry about the max, minimums are super low, around $5.00, so hopefully you don't have to worry about that. Sorry, usually not a wise ass, but a couple of beerssss, you know. Whish I had Strange Brew on blue ray.

[xkgb]

Kind of helps.... still pretty confusing... The 10% is the -120 ? Or am I way off here..lol

Hmm so you are saying not really any fees then... just you get less cash if you bet on the favorites is what xkgb is saying?

exactly m8...there are no "fees" only lines u need to be aware of...If u bet a favorite to win, you would most likely have to lay more money down then you would collect if u win that bet...Like u mentioned, if the line is -120, that means you would have to lay $120 to win a $100, or if u were betting different amounts you just have to calculate the amount in play by looking at the lines and figuring out whether u betting a favorite or the underdog, for instance +140 bet means you are picking an underdog which would pay u 40% more in return if u win that bet(other amounts are calculated the same way, if u bet $200 on +140 line , u stand to win $280 back($200+40% of $200 which is $80) I hope this clears it up for u bud

[xkgb]

Yes, there are, but if you are just starting I would not worry about the max, minimums are super low, around $5.00, so hopefully you don't have to worry about that. Sorry, usually not a wise ass, but a couple of beerssss, you know. Whish I had Strange Brew on blue ray.

i've seen many books accept plays as low as $1.00, only you need to deposit a minimum of $20 into your sportsbook account before u can actually bet