3 or more books 1.5% edge
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10-23-22 03:42 PM #1
If you're betting at just one book, the house typically has 5% Edge
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10-23-22 03:43 PM #2
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10-23-22 03:52 PM #3
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10-23-22 04:01 PM #4
Points Awarded:
hubie69 gave KVB 2 Betpoint(s) for this post.
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10-23-22 04:03 PM #5
this is the type of information that separates SBR from all the pretenders.
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10-23-22 04:04 PM #6
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.
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10-23-22 04:17 PM #7
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10-23-22 04:22 PM #8
Yes.
Thank you for all you do, Gold.
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10-23-22 04:31 PM #9
I think Goldy is advocating line-shopping. It's a good public service announcement.
Originally Posted by SlickFazzer
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.
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10-23-22 04:37 PM #10
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10-23-22 09:14 PM #11
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. Originally Posted by jjgold
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.
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10-24-22 06:30 AM #12
JJ where are you playing offshore as of today?
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10-24-22 06:42 AM #13
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
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10-24-22 08:12 AM #14
One of your best posts ever, JJ. Lacks context, but there is value here in your description of a synthetic line.
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10-24-22 09:26 AM #15
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10-24-22 10:34 AM #16
Not bad, Corbin. You definitely want to turn a 20-cent game into something less than that. Originally Posted by jjgold
I just think the gains via line-shopping are not enough to reduce the edge that much.
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