Book #1 Reduced juice & $100 payout fees vs Book #2 Free payouts and -110

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  • Bill Dozer
    www.twitter.com/BillDozer
    • 07-12-05
    • 10894

    #1
    Book #1 Reduced juice & $100 payout fees vs Book #2 Free payouts and -110
    The only other think you know if that you would feel safe at both books. You have to choose one. Door #1 or door #2?
  • onthewhat
    Restricted User
    • 05-14-08
    • 15411

    #2
    Book #2, free payouts and -110

    I'm more of a recreation bettor and don't make enough bets where the reduced juice would come into play, and plus my unit is $100 so I wouldn't like to pay 1 unit for a payout.
    Comment
    • durito
      SBR Posting Legend
      • 07-03-06
      • 13173

      #3
      1 for sure.
      Comment
      • JBC77
        SBR MVP
        • 03-23-07
        • 3816

        #4
        Maybe over the long run they might equal out, depends on the player. I would be inclined to take door #1, if you planned on staying with that reduced juice book for while definitely be worth it.

        If you want a quick f!@#....then door #2.
        Comment
        • topgame85
          SBR Posting Legend
          • 03-30-08
          • 12325

          #5
          Big betters door 1 rec players door 2
          Comment
          • SBR Lou
            BARRELED IN @ SBR!
            • 08-02-07
            • 37863

            #6
            Door #1. I only have a winning week once a year anyway so that'd be when I'd request the payout and swallow the hundred dollar w/d fee.
            Comment
            • mtneer1212
              SBR MVP
              • 06-22-08
              • 4993

              #7
              door 2 for this rec guy
              Comment
              • durito
                SBR Posting Legend
                • 07-03-06
                • 13173

                #8
                Unless you are:

                1) Making a minuscule amount of bets
                2) One of those people that wants to deposit on friday bet on sat/sun and withdraw on monday every week

                The answer is 1.
                Comment
                • Bill Dozer
                  www.twitter.com/BillDozer
                  • 07-12-05
                  • 10894

                  #9
                  Originally posted by durito
                  Unless you are:

                  1) Making a minuscule amount of bets
                  2) One of those people that wants to deposit on friday bet on sat/sun and withdraw on monday every week

                  The answer is 1.
                  That's why I mentioned both books are considered a safe out...Wanted to take the safety of funds issue out of the equation.
                  Comment
                  • seaborneq
                    SBR Posting Legend
                    • 09-08-06
                    • 22556

                    #10
                    I hate paying to get my money, I don't care what the situation is. Don't mess with my money. Door number 2 please. After you have made 10 draws that is a 1000 dollars to book 1. Only a broke ass would give the book that much money. Nuf Sed.
                    Comment
                    • jtuck
                      SBR MVP
                      • 02-18-08
                      • 2051

                      #11
                      I would go with number 1, assuming no software problems and decent customer service at both books
                      Comment
                      • durito
                        SBR Posting Legend
                        • 07-03-06
                        • 13173

                        #12
                        Originally posted by seaborneq
                        I hate paying to get my money, I don't care what the situation is. Don't mess with my money. Door number 2 please. After you have made 10 draws that is a 1000 dollars to book 1. Only a broke ass would give the book that much money. Nuf Sed.
                        But, you'd rather piss away 2x as much juice to the book.
                        Comment
                        • katstale
                          SBR MVP
                          • 02-07-07
                          • 3924

                          #13
                          Agree with others--big bettor and no collar? #1 is the answer
                          Comment
                          • HedgeHog
                            SBR Posting Legend
                            • 09-11-07
                            • 10128

                            #14
                            Book #1 for sure. Playing at -110 juice is costly, much more than the $100 payout fee over time. Reduced juice, say -105, gives you a fighting chance to win--increasing the likelihood that you'll be in a position to withdraw profits.
                            Comment
                            • seaborneq
                              SBR Posting Legend
                              • 09-08-06
                              • 22556

                              #15
                              Originally posted by durito
                              But, you'd rather piss away 2x as much juice to the book.
                              All day my friend, all day.
                              Comment
                              • sofun
                                SBR Sharp
                                • 05-22-08
                                • 361

                                #16
                                1# is always the best, free pay out is junk, if you win, why you mind to pay for the withrawal charge, but the juice is something that keep withrawal from your bankroll day to day.
                                Comment
                                • mtneer1212
                                  SBR MVP
                                  • 06-22-08
                                  • 4993

                                  #17
                                  Originally posted by sofun
                                  1# is always the best, free pay out is junk, if you win, why you mind to pay for the withrawal charge, but the juice is something that keep withrawal from your bankroll day to day.
                                  If you win, why would you want to forfeit your winnings with a withdrawal fee? It is strictly overhead. Again, i think it depends on your bet size.
                                  Comment
                                  • jtuck
                                    SBR MVP
                                    • 02-18-08
                                    • 2051

                                    #18
                                    Originally posted by mtneer1212
                                    If you win, why would you want to forfeit your winnings with a withdrawal fee? It is strictly overhead. Again, i think it depends on your bet size.
                                    Deposit $1000 at both books. Make 500 plays at full kelly at the -105 book, hitting 54%, your roll increases 468.68%, which gives you a withdrawal of 4586.80 after the fee. Now make the same 500 plays at full kelly at the -110 book. Your roll increases by 169%, for a "Free" $1690 withdrawal.
                                    Comment
                                    • purecarnagge
                                      SBR MVP
                                      • 10-05-07
                                      • 4843

                                      #19
                                      I guess it comes down to Reduced Juice and how much are you betting and how many withdrawal requests will you have? vs the Rec guy...

                                      I'd go Rec guy...unless I knew I had like a 20k roll... just my opinion though.
                                      Comment
                                      • frostno98
                                        SBR Hall of Famer
                                        • 09-11-07
                                        • 9769

                                        #20
                                        #1
                                        Comment
                                        • michael777
                                          SBR MVP
                                          • 09-20-05
                                          • 1936

                                          #21
                                          #1
                                          Comment
                                          • seaborneq
                                            SBR Posting Legend
                                            • 09-08-06
                                            • 22556

                                            #22
                                            Originally posted by jtuck
                                            Deposit $1000 at both books. Make 500 plays at full kelly at the -105 book, hitting 54%, your roll increases 468.68%, which gives you a withdrawal of 4586.80 after the fee. Now make the same 500 plays at full kelly at the -110 book. Your roll increases by 169%, for a "Free" $1690 withdrawal.

                                            You are assuming one draw after 500 plays. No one I know would leave that much in any book for that long. Most of us try to make at least one draw a month if winning, or leave a minimum amount that you can afford to be stolen from you if the book disappears. Over the past ten years, I don't think I have made 500 bets, but I know I have made at least 5 withdrawals, normally after the end of each season if winning.
                                            Comment
                                            • pat venditto
                                              SBR Posting Legend
                                              • 05-07-07
                                              • 14347

                                              #23
                                              #1
                                              Comment
                                              • LT Profits
                                                SBR Aristocracy
                                                • 10-27-06
                                                • 90963

                                                #24
                                                Frankly, why would ANYBODY choose #2? I mean, even recreational bettors are likely to bet enough to save over $100 at Book 1 over a couple of weeks. If you withdrawal once a month at the most, Book 1 should be the choice for everyone.
                                                Comment
                                                • MonkeyF0cker
                                                  SBR Posting Legend
                                                  • 06-12-07
                                                  • 12144

                                                  #25
                                                  In short, it depends, LT. If you compare the savings of a -105 vs. a -110 book, it would depend on how much that person bet per game, what their win percentage was, and how often they withdrew. For someone betting $20 per unit ($21 on the -105 book and $22 on the -110 book), hitting at 57%, it would take 233 wagers to make up the $100 withdrawal fee. Likewise, for someone betting $50 per unit ($55 vs. $52.50), it would take 94 bets to make up the difference. And for someone betting $100 per unit, it would take 47 bets (which is a bit more closer to a withdrawal timeframe). I would say anyone betting over $100 per unit should choose the low juice book and anyone risking anything less than that should choose the free withdrawal site.
                                                  Comment
                                                  • rake922
                                                    SBR Posting Legend
                                                    • 12-23-07
                                                    • 11692

                                                    #26
                                                    Originally posted by LT Profits
                                                    Frankly, why would ANYBODY choose #2? I mean, even recreational bettors are likely to bet enough to save over $100 at Book 1 over a couple of weeks. If you withdrawal once a month at the most, Book 1 should be the choice for everyone.
                                                    I blame the school systems.... adults should know basic math by the time they're old enough to be placing bets. Could be all the chemicals in the water supply that ruin basic logic development...
                                                    Comment
                                                    • dmynn
                                                      SBR Hustler
                                                      • 07-30-08
                                                      • 50

                                                      #27
                                                      This begs the question is there a book that has low juice and low withdrawal fees?
                                                      Comment
                                                      • purecarnagge
                                                        SBR MVP
                                                        • 10-05-07
                                                        • 4843

                                                        #28
                                                        how often are you hitting reduced lines anyways...Sorry I hate them 3.5 lines and I hate 7.5
                                                        Comment
                                                        • seaborneq
                                                          SBR Posting Legend
                                                          • 09-08-06
                                                          • 22556

                                                          #29
                                                          Every man for himself. I know what is best for me. I guess the "Pros" are better off with number 1.
                                                          Comment
                                                          • HedgeHog
                                                            SBR Posting Legend
                                                            • 09-11-07
                                                            • 10128

                                                            #30
                                                            Originally posted by dmynn
                                                            This begs the question is there a book that has low juice and low withdrawal fees?
                                                            5-dimes. One free payout every month and -105 lines.
                                                            Comment
                                                            • seaborneq
                                                              SBR Posting Legend
                                                              • 09-08-06
                                                              • 22556

                                                              #31
                                                              Originally posted by HedgeHog
                                                              5-dimes. One free payout every month and -105 lines.
                                                              That is where I currently play. I will start an account with The Greek in a few weeks.
                                                              Comment
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