If you're betting at just one book, the house typically has 5% Edge

[jjgold]

3 or more books 1.5% edge

[SlickFazzer]

lol, what?

[jjgold]

yes

[KVB]

[SlickFazzer]

this is the type of information that separates SBR from all the pretenders.

[TheGoldenGoose]

Yes and No. The convenience of in-State books is huge. Only a 10 minute trip for me. I dumped all my off-shore books.

[jjgold]

Key=line shopping

[KVB]

Yes.

Thank you for all you do, Gold.

[ChuckyTheGoat]

lol, what?

I think Goldy is advocating line-shopping. It's a good public service announcement.

But I think it misses the mark vs the modern market. Line differences are so tight.

Can get the 4.5% down a little. I really don't think you can get it down to 1.5%, though.

[DiggityDaggityDo]

[TommieGunshot]

3 or more books 1.5% edge

As dumb as usual, jj. A house edge doesn't magically drop from 5% to 1.5% just because I have accounts at two other places.

Betting randomly, -110 lines have a house advantage of 4.54% on resolved bets. But even betting randomly with one sportsbook, it's not hard to get that lower. A game with odds of 170 and -200 is less than a 4% edge. Betting things that have a high push rate (eg 1p hockey) lowers the house edge.

And of course, it is very possible to have a negative house edge just by making good bets.

[pologq]

JJ where are you playing offshore as of today?

[big joe 1212]

I have 2 offshore books funded and 4 legal books funded every football weekend

Shopping for the best line and taking advantage of promos/boosts has made it a profitable season

[d2bets]

One of your best posts ever, JJ. Lacks context, but there is value here in your description of a synthetic line.

[jjgold]

Math 101

[ChuckyTheGoat]

Math 101

Not bad, Corbin. You definitely want to turn a 20-cent game into something less than that.

I just think the gains via line-shopping are not enough to reduce the edge that much.