True Or False: Is Their Juice If You Pick Winners??

[DevilCheese]

of course it does, risking $110 would win you $110 instead of $100 without vig

[alukk]

Yes and it works the exact same way. Let's say the line is -200/+175 and you risk 100 to win 175. If you lose, you have the illusion of paying no vig, but in actuality, if the no vig line is 185, you should have been laying 175/1.85 = 94.59 to win that 175 for an implied vig of $5.41

Exactly.

[unusialsusp5]

he would last maybe a week betting those overpriced chalks...they just don't win all that much to turn a profit.. everyone should know that by now...i bet koufax against the mets back in 65 at -320/100. i thought that koufax who was 24-2 pitching at home vs the mets who were like 40-110 was a lock... of course he lost 4-3...never did it again...

[jbrent95]

Unless you can win 100% of your wager for the rest of your life, the Vig will come into play.

Some simple math comparing a -105 line to a -110 line:

Let's look at 1,000 wagers where each wager wins $100 at a win rate of 65%:

For a -105 line, you will win 65*1000*$100 = $65,000
and lose 35**1000*-$105 = -$36,750
for a net win of $28,250

For a -110 line, you will win 65*1000*$100 = $65,000
and lose 35**1000*-$110 = -$38,500
for a net win of $26,500

As you can see, over the small -105 vig will result in $1,750 more dollars in your pocket over the 1000 wager. This equals $1.75 per $100 wager.

[BeatTheJerk]

Even/+ bets baby ........... best way to go.