And at reduced juice -105 if you went 48-52, you'd collect 4800 for the winners, pay out 5460 on the losers for a net loss of -660, not -920 if you're laying -110
Big difference with the reduced juice.
Comment
pavyracer
SBR Aristocracy
04-12-07
82839
#9
Originally posted by johnnyvegas13
He shoulda just posted that spread sheet for a better exaymeple
Comment
gummo
SBR Hall of Famer
09-04-06
6297
#10
There is no juice if you win.
Comment
flyingillini
SBR Aristocracy
12-06-06
41219
#11
God bless
המוסד
המוסד למודיעין ולתפקידים מיוחדים
Comment
Rich Boy
SBR Hall of Famer
02-01-09
9714
#12
Depressing spreadsheet JJ, do us a favor and let is live in denial!
Looks like a clear cut advantage to the bookmaker.
Comment
jjgold
SBR Aristocracy
07-20-05
388179
#14
Yes most of us live in denial
Comment
JIBBBY
SBR Aristocracy
12-10-09
83686
#15
Originally posted by Al Masters
Here is another one that shows how tough -110 is.
Bet 7 games at -110 at $100 each game.
You go 4-3 win $400 lose $330 you end up +70
You go 3-4 win $300 lose $440 your stuck -140
Looks like a clear cut advantage to the bookmaker.
That juice is what keeps sportsbooks and Vegas in business when it comes to sports betting. Always best to be the house taking bets rather then being the degen gamblers placing bets in the big picture. House always wins in the end.