1. #1
    theredd
    theredd's Avatar Become A Pro!
    Join Date: 09-23-10
    Posts: 24
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    Howdy All! And a couple questions . . .

    Hows it goin? Im brand new to SBR, and to sports betting as well. I do have some experience betting on the ponies, so at least Im not a total noob

    Ok, a couple general questions:

    - Is "juice" a percentage of your wager, or a set amount? Im assuming its the former, but I want to be sure I understand it properly.

    -I understand that spreads can/will be adjusted to try and balance out the money on each side of a wager; what I am not clear on is, if I place a wager at a given spread, am I "locked in" to that price, or, if the spread changes does my wager change along with it?
    Example-assume I bet New York at -6, and closer to game time the spread is adjusted to -7. Does my wager stand at -6, or does it change?
    (This is one of the main reasons Im looking to bet sports other then horse racing; nothing is more annoying then betting a horse at 5-1, and then have a bunch of late action drop the odds to 3/2 by the time the gate opens . I know WHY that happens, but that doesnt mean I have to LIKE it . . .)

    TIA for your responses

  2. #2
    70kgman
    70kgman's Avatar Become A Pro!
    Join Date: 01-31-10
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    Quote Originally Posted by theredd View Post

    - Is "juice" a percentage of your wager, or a set amount? Im assuming its the former, but I want to be sure I understand it properly.

    -I understand that spreads can/will be adjusted to try and balance out the money on each side of a wager; what I am not clear on is, if I place a wager at a given spread, am I "locked in" to that price, or, if the spread changes does my wager change along with it?
    Example-assume I bet New York at -6, and closer to game time the spread is adjusted to -7. Does my wager stand at -6, or does it change?
    (This is one of the main reasons Im looking to bet sports other then horse racing; nothing is more annoying then betting a horse at 5-1, and then have a bunch of late action drop the odds to 3/2 by the time the gate opens . I know WHY that happens, but that doesnt mean I have to LIKE it . . .)

    TIA for your responses
    Juice is the commission of the bet that the sportsbook or bookie takes for profit. Take the over/under on a game as an example, typically they will both be priced at -110. The (-110) means that for every $110 you bet you will win $100, the extra $10 will go to the bookmaker as a commission.

    And yes, your hypothetical New York (-6) would be locked in at -6 even if the line moves from the time you placed your wager up until game time.

  3. #3
    theredd
    theredd's Avatar Become A Pro!
    Join Date: 09-23-10
    Posts: 24
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    Quote Originally Posted by 70kgman View Post
    Juice is the commission of the bet that the sportsbook or bookie takes for profit. Take the over/under on a game as an example, typically they will both be priced at -110. The (-110) means that for every $110 you bet you will win $100, the extra $10 will go to the bookmaker as a commission.
    I see , so the juice is factored into the price. Cheers!

  4. #4
    Illusion
    Illusion's Avatar Become A Pro!
    Join Date: 08-09-05
    Posts: 25,166

    Welcome SBR theredd. If you have anymore questions feel free to ask.

  5. #5
    milo
    milo's Avatar Become A Pro!
    Join Date: 10-06-10
    Posts: 14

    tnx very helpfull

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