Do all online books have VIG on ML's?

[BrUno0]

Or is it just included in the odds?

what i mean exactly is

ex: if i put $50 on Celtics -142, will i lose say $55 assuming its -110 juice?

[ShamsWoof10]

Or is it just included in the odds?

what i mean exactly is

ex: if i put $50 on Celtics -142, will i lose say $55 assuming its -110 juice?

-142 is the juice....

[Francis Sollozzo]

keep it simple

if A-200 , then risking 100.00 on A will return 50.00 or risking 200.00 on A will return 100.00

[Thor4140]

i think what you are trying to say is if you took the dog would you be paying juice. Now 50 would lose 50 unless the odds were 110 or 105 on each side. No juice on dog bets with money lines

[BrUno0]

keep it simple

if A-200 , then risking 100.00 on A will return 50.00 or risking 200.00 on A will return 100.00

and if you lose, you just lose $50 or $100?

[Francis Sollozzo]

btw -- for those whom believe there is no juice/vig by betting the Dogs

the vig is in the spread

[Francis Sollozzo]

and if you lose, you just lose $50 or $100?

you lose what you RISK

[Thor4140]

btw -- for those whom believe there is no juice/vig by betting the Dogs

the vig is in the spread

well that is true but i don't think that is what he is looking for

[BrUno0]

Guys I'm sort of confused.

Whats the VIG on this wager if i were to take the celtics ML?

Cleveland Cavaliers +8 +100 +365
Boston Celtics -8 -110 -415

[LT Profits]

It depends on whether you are RISKING 50, or betting TO WIN 50. If you are risking 50, you are betting 50 to win 35.21 (50/1.42). If you are betting to win 50, you are risking 71 to win 50.

[LT Profits]

In last example, risk 415 to win 100.

[BrUno0]

It depends on whether you are RISKING 50, or betting TO WIN 50. If you are risking 50, you are betting 50 to win 35.21 (50/1.42). If you are betting to win 50, you are risking 71 to win 50.

I am risking 50. but don't pay attention to that look at my last post, thats the pinnacle ML right now.

so there is no VIG in ML's outside of the odds i take, correct?

you guys get what i'm asking? Like when you play the game line spread and lay -110 or -105 etc, when taking ML's there is none of that, Since it's included in the actual Money Line Spread.

[LT Profits]

Well, the vig is built into the ML. In this instance, -415/+365 would be +/-390 without vig.

[LT Profits]

By the way, I don't think it's worth risking $50 on a more than 4/1 favorite.

[Ganchrow]

-142 is the juice....

-142 is not the juice, it's the price or simply the odds.

See http://forum.sbrforum.com/players-ta...ical-hold.html.

[Francis Sollozzo]

I am risking 50. but don't pay attention to that look at my last post, thats the pinnacle ML right now.

so there is no VIG in ML's outside of the odds i take, correct?

you guys get what i'm asking? Like when you play the game line spread and lay -110 or -105 etc, when taking ML's there is none of that, Since it's included in the actual Money Line Spread.

I think I get what you're asking

No , there is no extra juice like -110 on a ML bet

[Ganchrow]

Well, the vig is built into the ML. In this instance, -415/+365 would be +/-390 without vig.

Actually it would be about ±374.7 without vig.

[LT Profits]

right, the JUICE is 25 cents

[Francis Sollozzo]

Actually it would be about ±374.7 without vig.

gotta love Ganchrow

[Ganchrow]

Guys I'm sort of confused.

Whats the VIG on this wager if i were to take the celtics ML?

Cleveland Cavaliers +365
Boston Celtics -415

The vig on the above ML would be about 2.05% meaning that for every $100 you bet you'd expect to loss about $2.05 (assuming an unbiased market).

This would be true whether or not you bet $415 to win $100 on the Celtics (expected loss ≈ 2.05% * $415 ≈ $8.49) or $100 to win $365 on the Cavs (expected loss ≈ 2.05% * $100 ≈ $2.05).

[AgainstAllOdds]

Battle of the sharps...

Ganch -115
LT Profits -105

[LT Profits]

Actually it would be about ±374.9 without vig.

Is it not 390 with 25-cents juice each way? Just like a 20-cent line at -110 would be EVEN with no vig?

[BrUno0]

I think I get what you're asking

No , there is no extra juice like -110 on a ML bet

so what LT and Ganchrow said, this must not be true, and there is indeed juice?

[durito]

Battle of the sharps...

Ganch -115
LT Profits -105

no offense to LT, but I'll take Ganch for the max

[durito]

so what LT and Ganchrow said, this must not be true, and there is indeed juice?

no, there's no juice, the sportsbook just gives money away for free

[BrUno0]

The vig on the ML in this case would be about 2.05% meaning that for every $100 you bet you'd expect to loss about $2.05 (assuming an unbiased market).

This would be true whether or not you bet $415 to win $100 on the Celtics (expected loss [hcc]asymp[/hcc $8.49) or $100 to win $365 on the Cavs (expected loss [hcc]asymp[/hcc $2.05) .

how do i figure this out when looking at the ML, how do i get what the % of juice?

[Francis Sollozzo]

so what LT and Ganchrow said, this must not be true, and there is indeed juice?

they are right , notice i said EXTRA juice , because I thought that was what you were asking

[AgainstAllOdds]

Battle of the sharps...

New Odds

Ganch -125
LT Profits +105

[durito]

how do i figure this out when looking at the ML, how do i get what the % of juice?

http://forum.sbrforum.com/players-talk/12142-introduction-expectations-theoretical-hold.html

[BrUno0]

they are right , notice i said EXTRA juice , because I thought that was what you were askinh

yes thats what i mean....

alls i want to know is, if i risk $50 on the boston celtics i lose 50 dollars, if i bet $50 on the clevland cavaliers, i lose $50

[Ganchrow]

how do i figure this out when looking at the ML, how do i get what the % of juice?

http://www.sbrforum.com/Betting+Tool...alculator.aspx

[Francis Sollozzo]

yes thats what i mean....

alls i want to know is, if i risk $50 on the boston celtics i lose 50 dollars, if i bet $50 on the clevland cavaliers, i lose $50

correct , you will return/win less than 50 on Boston , more than 50 on Clev

[BrUno0]

correct , you will return/win less than 50 on Boston , more than 50 on Clev

thank you, all i was trying to figure out.

[Ganchrow]

Is it not 390 with 25-cents juice each way? Just like a 20-cent line at -110 would be EVEN with no vig?

This is true for a market at -110/-110 only because you're bisecting even odds. However, it is not true in any other case.

See http://forum.sbrforum.com/players-ta...ical-hold.html.

[BrUno0]

http://www.sbrforum.com/Betting+Tool...alculator.aspx

# of bets? 2?