taking betting seriously

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  • John953
    SBR Sharp
    • 02-27-09
    • 368

    #1
    taking betting seriously
    Ive decided the past two weeks to not BS with this gambling thing. I need to know information on line shopping does it make a difference and how would i find the best lines? Also people say (juice) i understand that this is the extra 10 or how ever many dollars u have to put up to win 100 example -110 or -155. Now my question is why does this matter because u get back your 110 plus your 100 so your not paying the juice? Thnx in advance
  • Dark Horse
    SBR Posting Legend
    • 12-14-05
    • 13764

    #2
    Why does juice matter? What would your losses be in the example you gave?
    Comment
    • Zelda
      SBR High Roller
      • 08-01-09
      • 179

      #3
      Dude if you cannot figure out yourself why -105 > -110, don´t start.
      Seriously, you don´t have what it takes. Do not take this offensive, but...
      Comment
      • GoodOldTed
        SBR High Roller
        • 02-03-09
        • 135

        #4
        Betting 101.

        Bookies would price a coin toss at -110 each of two. Basic maths tells you it should be evens either way +100. That's their margin. The bigger their margin, the lower your profits.

        Anyone wanting to take gambling seriously should spend a minimum of five years working up to a point that they can have a serious go at it. It's a constant learning curve. You don't learn a trade or vocation overnight, wagering is no different.
        Comment
        • John953
          SBR Sharp
          • 02-27-09
          • 368

          #5
          Originally posted by Dark Horse
          Why does juice matter? What would your losses be in the example you gave?
          Thanks i understand now it matters if you lose cuz you would have been risking more to win less then if you found something cheaper got it. Also you would make more money if you found a line with less juice thanx
          Comment
          • lachapellek
            SBR Sharp
            • 08-25-09
            • 429

            #6
            dude has a point unless you study it or some one explain it dont really wanna mess ur game up u will end up broke
            Comment
            • gamble4heisman
              SBR Hustler
              • 04-24-08
              • 96

              #7
              you stumbled upon the cognitive fallacy that enables 99% of gamblers to lose.... they never consider losing as an option.... and they think they only pay juice if they lose.... so they figure they will never pay juice. But the truth is, winners pay the juice.
              Comment
              • koRnygoatweed
                SBR Rookie
                • 08-26-09
                • 31

                #8
                don't you guys have troubles taking something as random as sports so seriously? i mean i get the monetary appeal but isn't it just too risky?
                Comment
                • gamble4heisman
                  SBR Hustler
                  • 04-24-08
                  • 96

                  #9
                  if you're a winning player, can accurately estimate your edge, and know how much of your bankroll to wager, its not risky at all. Hold time is 3 hours vs. annual return as other investments are measured. On avg. i make avg .7% of my total roll per day. Put that in a financial calculator
                  Comment
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