Juice In Sports Betting
2021年5月13日Register here: http://gg.gg/ukymr
When referring to juice in a sportsbook we aren’t talking about the cranberry juice mixed with your vodka. Rather, juice is all about how much the sportsbook charges a bettor to make a bet. As a bettor, you want to minimize your losses and one way to accomplish that is by reducing the juice. This same term is also known as reduced “vig” or vigorish. Even though you may have an understanding of vigorish, the term reducing the juice can still be confusing. Let’s get an understanding, break it down, discuss the pros and cons, and help choose which sportsbook to use.
If you don’t remove the vig or juice, you won’t know what the sportsbook actually thinks is going to happen in the game. Calculating the vig on a betting line also helps you identify those bets that are simply overpriced. For more great articles on sport betting. The term “Juice” is actually a slang term for Vigorish or “Vig”. In sports gambling is the amount of money or commission a sports book receives for taking your bet. Most of the time, the sports books takes a.Picking a Sportsbook with Reduced Juice
Choosing between multiple sportsbooks can be done on the surface, but also requires research. On the surface, you’ll either see bonuses or not. The same goes for daily or weekly promotions.
Research is pivotal in finding reduced juice. Each day there are hundreds of sports with thousands of games being played. Every sportsbook wants to set their lines first to attract bettors.
Given the number of games you can find with different lines between the sportsbooks, reduced juice and line shopping go together. Remember, EVEN if it’s $5 that is a HUGE price to pay. Keep the money in your pocket!The Best Reduced Juice Sportsbooks:SportsbookReduced Juice DetailsStart BettingPinnaclePinnacle’s confidence comes from their ability to provide reduced juice betting instead of standard bonus promotions, with a (-105) offering every day.
This will be a huge benefit for those wanting to avail of reduced juice for their high betting limits across all sports.Visit Site
The best system would be to have accounts across several sportsbooks. This will allow you to take advantage of attractive special bonuses and reduced juice odds. Sports betting is no different than other industries in that scenarios, strategies, and circumstances change so allowing yourself to be flexible can aide in your survival.What Is Reduced Juice?
The juice is a term that describes the commission charged by the sportsbook on a bet. So naturally, we would want to drive that commission cost down, hence reduced juice. A bettor wants to profit a minimum of $100 for every $100 bet placed. A goal of the sportsbook is to have the bettor risk more than $100 to win $100. This is the juice. Bookmakers want to set the odds as high as possible while still enticing the bettor to place action. Therefore, anytime you can place a bet as close to +100 as possible you have reduced the juice.How to Identify Reduced Juice
Using a typical NFL Sunday point spread, let’s look at how you find reduced juice.
In this illustration, at Sportsbook A, placing a bet on the Bills for a $100 profit will cost you $110. Whereas, at Sportsbook B, the same profit comes at only a $105 risk to you. By placing your bet at book B you have just saved yourself $5! Congratulations, now you’re betting like a seasoned veteran. In placing the bet at the -105 odds you have reduced the juice since the bookmaker is charging you $5 less. The same logic applies if you were to bet on the Patriots in the example above.The Pros of Reduced Juice
There are a few reasons why reducing the juice is a required tactic if you want to be a successful long-term bettor. In an industry where the events are essentially a coin flip due to the bookie’s astute point spreads and odds, you need to give yourself any and all advantages possible. Here’s how reducing the juice can benefit your bankroll:
*Minimizing your losses. ALL bettors lose, so if you can save yourself $5 or $10 on each bet this will help your bankroll out tremendously over the long haul.
*Sportsbooks will allow bigger bet sizes. Everyone has those moments when they are really confident in a bet and want to put a little extra behind it.
*Easier to profit. Since your losses are less, betting with reduced juice means you don’t have to be as successful to turn a profit. You can win less often and still be just as successful if not more than someone not betting with reduced juice. Now is a good time for me to remind you that at -110 odds you would need to win 52.3% of your bets to become profitable. Anytime you can get under -110 will go a long way in lowering this percentage.The Cons of Reduced Juice
Everything in life comes with a downside and reduced juice is no different. Here are a couple of unpleasant experiences when betting with reduced juice:
*Sportsbooks offer fewer free offers & bonuses. Take, for example, a 50% deposit bonus up to $250. That means if you deposit $250, the sportsbook matches that by 50%, meaning you would have a starting bankroll of $375. This might sound enticing but if you’re betting at -115 per say the extra cost of the bet consumes this “free” money pretty fast.
*Sharper lines. The sportsbook offering -105 may actually have the point spread at +2.5 rather than +3 and they’re covering the difference.
*Poor customer service. Because the sportsbooks are making less of a profit, oftentimes they cut costs in other areas of their business. That being said, if the sportsbook is well managed then you will rarely need to interact with customer service so this isn’t a big concern to me. If you contact them just be aware of things like slow response time.What are Reduced Juice Limits?
The sportsbooks offering reduced juice will increase the wager maximum amount. Since they are charging you less, they attempt to reclaim some winnings by allowing you to bet more. Hoping you place a large bet on a 50/50 event is a happy scenario for the bookie.Difference Between Reduced Juice and Bonuses
Think of the difference between reduced juice and bonuses in terms of how you want to acquire and spend your bankroll. A bettor using a sportsbook with a bonus system will initially have a larger bankroll. While having such a big bankroll can increase gives you confidence, watching the amount go down faster and faster with each bet will do anything but.
Remembering that the point spread essentially makes the event 50/50 will remind you that there are no guarantees in sports betting. I’d much rather have a smaller starting bankroll and act smarter, saving money on each bet. You’ll find the bonuses are a gimmick and keep you coming back.Remember Less Juice the Better!
The next time you hear about reducing the juice you won’t be questioning the strength of your cocktail. Choosing which sportsbook to use might require time initially, but in the long run, your bankroll is saved. There is data that shows a successful bettor wins 55% of their bets, so there are a lot of opportunities to limit your losses. Regardless of how frequent you bet reduced juice is always the smart bet.
You should try to explore every possible avenue for maximizing the potential returns on your sports
wagers. This is a good idea even if sports betting is just something you do for a bit of fun. It’s especially
important if you’re serious about making consistent and long term profits.
There are some obvious ways to maximize your returns when betting on sports. These include learning
as much strategy as possible, and working on improving your fundamental betting skills. There are other
options too, some of which a lot of bettors don’t even know about.
One such option is betting with reduced juice. This is something that every serious bettor should be
aware of, but there’s a surprising amount of confusion and misconception regarding the term reduced
juice. What does over 1 mean in betting. We say surprising because the basic concept is very simple. And yet there are plenty of people
who don’t really understand it all. There also those who think it’s only for high rollers, which is simply not true.
The purpose of this article is to explain exactly what reduced juice betting is. We also look at its pros and cons, and
compare it to using the bonuses and free bets that are available from any betting sites. For those of you who already understand
the concept, we start the article by covering where to bet if you’re looking for reduced juice. Or, for a general overview, you can
view the video we have put together below:Where to Bet with Reduced Juice
You have two options when looking to bet online with reduced juice. These are as follows.
*Use a specialist reduced juice site.
*Use a “traditional” sports betting site that offers reduced juice on specific lines or at specific times.
An account with a specialist reduced juice site is almost essential if you’re anything more than the most casual of sports bettors. It’s unlikely you’ll want
to do ALL of your wagering with such a site though. In any case, there are not many high quality examples of specialist reduced juice sites.
So it’s also worth having an account with one or more of the other sites that offer SOME reduced juice lines. You’ll understand the reasons why we
recommend this approach once you’ve read the whole of this article. For now, here are top recommendations for reduced juice betting sites.RankGambling SiteDeposit BonusGet Started#1Betway Sports Up To €150Visit Site#2100% Up To €122Visit Site#3Spin Sports100% Up To €200Visit Site#4100% Up To €50Visit Site#5Guts Sports100% Up To €50Visit SiteReduced Juice: An Explanation
Let’s start with the word juice. You’re probably familiar with the term vig, or vigorish, if you’ve been betting for any length of time. This is a term used to
describe the commission that’s effectively charged by bookmakers on each and every bet that they take. Juice is simply an alternative word used to
describe the same thing.Recommended Reading
If you’ve never heard of vig or juice at all, or really don’t understand the terms, then you should read our
article on how bookmakers make money before proceeding.
If you know what juice/vig is, then you should also know that minimizing how much of it you pay should is a good thing. It should directly help you to win
more money. Or, at the very least, it should help you to lose less.
In basic terms, this is what reduced juice betting is all about. It’s simply a way to pay less juice.
Let’s use an example to illustrate this further. We’ll use football, as it’s the most popular sport to bet on in the US. As you probably already know, a
significant percentage of football betting is done on the point spreads. The “standard” odds for a point spread are -110. So for a match between the
Dallas Cowboys and the Washington Redskins, you might see a sports betting site offer the following line.Washington (+3)
-110Washington (+3)
-105
Can you spot the difference? Betting app sports.
The odds are better at this site. At -105, you only have to stake $105 for the chance of winning $100. This might not seem like a big difference, but over
a large number of bets it can have a significant impact on your overall profit or loss.
Based on this fact, it should seem fairly obvious that reduced juice betting is a good thing. Don’t rush to join a reduced juice betting site just yet though.
You should first understand that things are not quite as clear cut as they seem.Pros & Cons of Reduced Juice Betting
The above example highlights the main advantage of reduced juice betting. You have to risk less money to win the same amount. To put it another way,
you get a better return relative to your stake on all winning bets. We started this article by explaining the importance of maximizing your returns, and
betting with reduced juice clearly helps to achieve this.
There’s another big advantage of using reduced juice betting sites too. You’ll typically be able to bet more. A traditional betting site might limit you to
staking $1-2,000 on each wager.But the limits at a reduced juice betting site might be $5,000, $10,000 or possibly even higher. This is a real benefit if
you’re a winning bettor and want to stake higher amounts.
Reduced juice betting sites are not without their disadvantages though.
These sites are obviously making lower margins on each wager they accept, due to the lower commission. This has to be offset somehow. Generally
speaking, it’s via some or all of the following.How Does Juice Work In Sports Betting
*Lower bonuses (or none at all)
*Less special offers and promotions (or none at all)
*Sharper lines
*Poor customer support
Some bettors are prepared to accept these disadvantages in exchange for paying less juice. And it may be that you are too. It’s important to be aware of
them though, and they should certainly influence your decision about where to bet.Comparing Reduced Juice to Bonuses
One of the disadvantages of using a reduced juice betting site that we mentioned above is the lack of bonuses. This is perceived by many to be the biggest
disadvantage of all, in fact.
But is that much of an issue to miss out on some bonuses when you’re paying less big?
Let’s find out.
Odds on tonight’s fight. We’ll now compare the net results of wagering with reduced juice with the net results of wagering with a bonus.Please Note
Many sports betting bonuses are issued as free play credits, not as cash. When you wager with free play
credits, only your winnings are returned and not your stake. For example, when using cash, a successful
$110 wager at odds of -110 would return a total of $210. This is the $100 in winnings plus the original $110
stake. When using a bonus, you’d be using $110 of your free play credits. The return is just the $100 in
winnings.
For the purposes of this hypothetical comparison, we’re going to assume we’ve just been issued a bonus of $400 worth free play credits. We’ve then
decided to make ten equal wagers of $40 using those credits. Each wager is at -110 odds.
Let’s say we managed a 60% win rate with those wagers. So we’ve won six, and lost four. Each winning wagers has returned $36.37. Our total return is
therefore $218.22 (6 x $36.37).
So far so good. We’re $218.22 up. But free play bonuses tend to come with rollover requirements. These require us to wager a certain amount before
we’re allowed to withdraw any proceeds of our free play credits.
Typical rollover requirements are six times the amount of the bonus. This would leave us with a total of $2,400 to wager before we’ve “cleared” the
bonus (6 x $400). We decide to increase our stakes to $60 per wager, in order to meet these requirements more quickly.
To wager the full $2,400, we’d need to make 40 wagers at $60 stakes (40 x $60 = $2,400). Let’s say we make these wagers all at odds of -110 again, and
we achieve a 55% win rate. As we’re betting with cash rather than free play credits, the total return on a $60 wager at -110 will be $114.55.
*We’ve wagered a total of $2,400
*With a 55% win rate, we’ve won 22 of our 40 wagers.
*Our total return in is $2,5210.10 (22 winning wagers at $114.55 each).
*Our overall profit is $120.10 ($2520.10 in returns less the $2,400 wagered).
If we add the profit here to the money made from our free play credits, we’ve got a total profit of $338.32. We’ve met the rollover requirements, so that is
now “our” money.Best Online Betting Services
Now let’s see what would have happened if we’d have made the exact same sequence of bets using a reduced juice betting site. We’ve got no bonus, but
the odds are all at -105.
First we do the ten wagers at $40 each, winning six of them.
*Ten wagers of $40 each = $400 risked
*Profit per winning wager at -105 = $38.10
*Return from six winning wagers = $468.60
*Profit = $68.60
Our profit at this stage is less than the $218.22 we made when using free play credits in the earlier example. But what happens when we do the next set
of wagers?
*40 wagers of $60 each = $2,400 risked
*Profit per winning wager at -105 = $57.15
*Total return per winning wager at -105 = $117.15
*Return from 22 winning wagers = $2,577.30
*Profit = $177.30
The profit of $177.30 here is greater than the $120.10 profit we made from the same wagers in the earlier example. But our total profit across all wagers
using a reduced juice site is $245.90. Compared to the total of $338.32 we made when using free play credits and then meeting the rollover requirements.
So what does this tell us?Successful Sports Bettors
The obvious answer is that playing with a bonus is better than using a reduced juice betting site. But it’s actually not that simple. This is just one
hypothetical example. A different set of wagers, with a different set of results, could easily make a similar comparison favor reduced juice betting.
And we’re actually not trying to convince you either way. You don’t need to choose reduced juice betting over betting with a bonus, or vice versa. There’s
nothing wrong with doing both. As with betting in general, it’s all about trying to do the right thing in the right situation. There are no definitive rules
regarding the best overall approach.Summary
The purpose of this article was to provide some insight into what reduced juice betting is, and how it
compares to betting using bonuses. This is useful information for any bettor.
We also wanted to make the point that reduced juice betting has both advantages and disadvantages.
We do recommend betting with reduced juice in the right circumstances, but we don’t advise using
a reduced juice site for ALL of your betting. You should also make the most of the bonuses and other
benefits that traditional betting sites offer.
Remember that there’s one big advantage in using a range of online betting sites. It makes it easier to
compare odds and shop for the best lines. In the long run, this can make a much bigger different
to your overall profit than reduced juice betting or bonuses.
Register here: http://gg.gg/ukymr
https://diarynote.indered.space
When referring to juice in a sportsbook we aren’t talking about the cranberry juice mixed with your vodka. Rather, juice is all about how much the sportsbook charges a bettor to make a bet. As a bettor, you want to minimize your losses and one way to accomplish that is by reducing the juice. This same term is also known as reduced “vig” or vigorish. Even though you may have an understanding of vigorish, the term reducing the juice can still be confusing. Let’s get an understanding, break it down, discuss the pros and cons, and help choose which sportsbook to use.
If you don’t remove the vig or juice, you won’t know what the sportsbook actually thinks is going to happen in the game. Calculating the vig on a betting line also helps you identify those bets that are simply overpriced. For more great articles on sport betting. The term “Juice” is actually a slang term for Vigorish or “Vig”. In sports gambling is the amount of money or commission a sports book receives for taking your bet. Most of the time, the sports books takes a.Picking a Sportsbook with Reduced Juice
Choosing between multiple sportsbooks can be done on the surface, but also requires research. On the surface, you’ll either see bonuses or not. The same goes for daily or weekly promotions.
Research is pivotal in finding reduced juice. Each day there are hundreds of sports with thousands of games being played. Every sportsbook wants to set their lines first to attract bettors.
Given the number of games you can find with different lines between the sportsbooks, reduced juice and line shopping go together. Remember, EVEN if it’s $5 that is a HUGE price to pay. Keep the money in your pocket!The Best Reduced Juice Sportsbooks:SportsbookReduced Juice DetailsStart BettingPinnaclePinnacle’s confidence comes from their ability to provide reduced juice betting instead of standard bonus promotions, with a (-105) offering every day.
This will be a huge benefit for those wanting to avail of reduced juice for their high betting limits across all sports.Visit Site
The best system would be to have accounts across several sportsbooks. This will allow you to take advantage of attractive special bonuses and reduced juice odds. Sports betting is no different than other industries in that scenarios, strategies, and circumstances change so allowing yourself to be flexible can aide in your survival.What Is Reduced Juice?
The juice is a term that describes the commission charged by the sportsbook on a bet. So naturally, we would want to drive that commission cost down, hence reduced juice. A bettor wants to profit a minimum of $100 for every $100 bet placed. A goal of the sportsbook is to have the bettor risk more than $100 to win $100. This is the juice. Bookmakers want to set the odds as high as possible while still enticing the bettor to place action. Therefore, anytime you can place a bet as close to +100 as possible you have reduced the juice.How to Identify Reduced Juice
Using a typical NFL Sunday point spread, let’s look at how you find reduced juice.
In this illustration, at Sportsbook A, placing a bet on the Bills for a $100 profit will cost you $110. Whereas, at Sportsbook B, the same profit comes at only a $105 risk to you. By placing your bet at book B you have just saved yourself $5! Congratulations, now you’re betting like a seasoned veteran. In placing the bet at the -105 odds you have reduced the juice since the bookmaker is charging you $5 less. The same logic applies if you were to bet on the Patriots in the example above.The Pros of Reduced Juice
There are a few reasons why reducing the juice is a required tactic if you want to be a successful long-term bettor. In an industry where the events are essentially a coin flip due to the bookie’s astute point spreads and odds, you need to give yourself any and all advantages possible. Here’s how reducing the juice can benefit your bankroll:
*Minimizing your losses. ALL bettors lose, so if you can save yourself $5 or $10 on each bet this will help your bankroll out tremendously over the long haul.
*Sportsbooks will allow bigger bet sizes. Everyone has those moments when they are really confident in a bet and want to put a little extra behind it.
*Easier to profit. Since your losses are less, betting with reduced juice means you don’t have to be as successful to turn a profit. You can win less often and still be just as successful if not more than someone not betting with reduced juice. Now is a good time for me to remind you that at -110 odds you would need to win 52.3% of your bets to become profitable. Anytime you can get under -110 will go a long way in lowering this percentage.The Cons of Reduced Juice
Everything in life comes with a downside and reduced juice is no different. Here are a couple of unpleasant experiences when betting with reduced juice:
*Sportsbooks offer fewer free offers & bonuses. Take, for example, a 50% deposit bonus up to $250. That means if you deposit $250, the sportsbook matches that by 50%, meaning you would have a starting bankroll of $375. This might sound enticing but if you’re betting at -115 per say the extra cost of the bet consumes this “free” money pretty fast.
*Sharper lines. The sportsbook offering -105 may actually have the point spread at +2.5 rather than +3 and they’re covering the difference.
*Poor customer service. Because the sportsbooks are making less of a profit, oftentimes they cut costs in other areas of their business. That being said, if the sportsbook is well managed then you will rarely need to interact with customer service so this isn’t a big concern to me. If you contact them just be aware of things like slow response time.What are Reduced Juice Limits?
The sportsbooks offering reduced juice will increase the wager maximum amount. Since they are charging you less, they attempt to reclaim some winnings by allowing you to bet more. Hoping you place a large bet on a 50/50 event is a happy scenario for the bookie.Difference Between Reduced Juice and Bonuses
Think of the difference between reduced juice and bonuses in terms of how you want to acquire and spend your bankroll. A bettor using a sportsbook with a bonus system will initially have a larger bankroll. While having such a big bankroll can increase gives you confidence, watching the amount go down faster and faster with each bet will do anything but.
Remembering that the point spread essentially makes the event 50/50 will remind you that there are no guarantees in sports betting. I’d much rather have a smaller starting bankroll and act smarter, saving money on each bet. You’ll find the bonuses are a gimmick and keep you coming back.Remember Less Juice the Better!
The next time you hear about reducing the juice you won’t be questioning the strength of your cocktail. Choosing which sportsbook to use might require time initially, but in the long run, your bankroll is saved. There is data that shows a successful bettor wins 55% of their bets, so there are a lot of opportunities to limit your losses. Regardless of how frequent you bet reduced juice is always the smart bet.
You should try to explore every possible avenue for maximizing the potential returns on your sports
wagers. This is a good idea even if sports betting is just something you do for a bit of fun. It’s especially
important if you’re serious about making consistent and long term profits.
There are some obvious ways to maximize your returns when betting on sports. These include learning
as much strategy as possible, and working on improving your fundamental betting skills. There are other
options too, some of which a lot of bettors don’t even know about.
One such option is betting with reduced juice. This is something that every serious bettor should be
aware of, but there’s a surprising amount of confusion and misconception regarding the term reduced
juice. What does over 1 mean in betting. We say surprising because the basic concept is very simple. And yet there are plenty of people
who don’t really understand it all. There also those who think it’s only for high rollers, which is simply not true.
The purpose of this article is to explain exactly what reduced juice betting is. We also look at its pros and cons, and
compare it to using the bonuses and free bets that are available from any betting sites. For those of you who already understand
the concept, we start the article by covering where to bet if you’re looking for reduced juice. Or, for a general overview, you can
view the video we have put together below:Where to Bet with Reduced Juice
You have two options when looking to bet online with reduced juice. These are as follows.
*Use a specialist reduced juice site.
*Use a “traditional” sports betting site that offers reduced juice on specific lines or at specific times.
An account with a specialist reduced juice site is almost essential if you’re anything more than the most casual of sports bettors. It’s unlikely you’ll want
to do ALL of your wagering with such a site though. In any case, there are not many high quality examples of specialist reduced juice sites.
So it’s also worth having an account with one or more of the other sites that offer SOME reduced juice lines. You’ll understand the reasons why we
recommend this approach once you’ve read the whole of this article. For now, here are top recommendations for reduced juice betting sites.RankGambling SiteDeposit BonusGet Started#1Betway Sports Up To €150Visit Site#2100% Up To €122Visit Site#3Spin Sports100% Up To €200Visit Site#4100% Up To €50Visit Site#5Guts Sports100% Up To €50Visit SiteReduced Juice: An Explanation
Let’s start with the word juice. You’re probably familiar with the term vig, or vigorish, if you’ve been betting for any length of time. This is a term used to
describe the commission that’s effectively charged by bookmakers on each and every bet that they take. Juice is simply an alternative word used to
describe the same thing.Recommended Reading
If you’ve never heard of vig or juice at all, or really don’t understand the terms, then you should read our
article on how bookmakers make money before proceeding.
If you know what juice/vig is, then you should also know that minimizing how much of it you pay should is a good thing. It should directly help you to win
more money. Or, at the very least, it should help you to lose less.
In basic terms, this is what reduced juice betting is all about. It’s simply a way to pay less juice.
Let’s use an example to illustrate this further. We’ll use football, as it’s the most popular sport to bet on in the US. As you probably already know, a
significant percentage of football betting is done on the point spreads. The “standard” odds for a point spread are -110. So for a match between the
Dallas Cowboys and the Washington Redskins, you might see a sports betting site offer the following line.Washington (+3)
-110Washington (+3)
-105
Can you spot the difference? Betting app sports.
The odds are better at this site. At -105, you only have to stake $105 for the chance of winning $100. This might not seem like a big difference, but over
a large number of bets it can have a significant impact on your overall profit or loss.
Based on this fact, it should seem fairly obvious that reduced juice betting is a good thing. Don’t rush to join a reduced juice betting site just yet though.
You should first understand that things are not quite as clear cut as they seem.Pros & Cons of Reduced Juice Betting
The above example highlights the main advantage of reduced juice betting. You have to risk less money to win the same amount. To put it another way,
you get a better return relative to your stake on all winning bets. We started this article by explaining the importance of maximizing your returns, and
betting with reduced juice clearly helps to achieve this.
There’s another big advantage of using reduced juice betting sites too. You’ll typically be able to bet more. A traditional betting site might limit you to
staking $1-2,000 on each wager.But the limits at a reduced juice betting site might be $5,000, $10,000 or possibly even higher. This is a real benefit if
you’re a winning bettor and want to stake higher amounts.
Reduced juice betting sites are not without their disadvantages though.
These sites are obviously making lower margins on each wager they accept, due to the lower commission. This has to be offset somehow. Generally
speaking, it’s via some or all of the following.How Does Juice Work In Sports Betting
*Lower bonuses (or none at all)
*Less special offers and promotions (or none at all)
*Sharper lines
*Poor customer support
Some bettors are prepared to accept these disadvantages in exchange for paying less juice. And it may be that you are too. It’s important to be aware of
them though, and they should certainly influence your decision about where to bet.Comparing Reduced Juice to Bonuses
One of the disadvantages of using a reduced juice betting site that we mentioned above is the lack of bonuses. This is perceived by many to be the biggest
disadvantage of all, in fact.
But is that much of an issue to miss out on some bonuses when you’re paying less big?
Let’s find out.
Odds on tonight’s fight. We’ll now compare the net results of wagering with reduced juice with the net results of wagering with a bonus.Please Note
Many sports betting bonuses are issued as free play credits, not as cash. When you wager with free play
credits, only your winnings are returned and not your stake. For example, when using cash, a successful
$110 wager at odds of -110 would return a total of $210. This is the $100 in winnings plus the original $110
stake. When using a bonus, you’d be using $110 of your free play credits. The return is just the $100 in
winnings.
For the purposes of this hypothetical comparison, we’re going to assume we’ve just been issued a bonus of $400 worth free play credits. We’ve then
decided to make ten equal wagers of $40 using those credits. Each wager is at -110 odds.
Let’s say we managed a 60% win rate with those wagers. So we’ve won six, and lost four. Each winning wagers has returned $36.37. Our total return is
therefore $218.22 (6 x $36.37).
So far so good. We’re $218.22 up. But free play bonuses tend to come with rollover requirements. These require us to wager a certain amount before
we’re allowed to withdraw any proceeds of our free play credits.
Typical rollover requirements are six times the amount of the bonus. This would leave us with a total of $2,400 to wager before we’ve “cleared” the
bonus (6 x $400). We decide to increase our stakes to $60 per wager, in order to meet these requirements more quickly.
To wager the full $2,400, we’d need to make 40 wagers at $60 stakes (40 x $60 = $2,400). Let’s say we make these wagers all at odds of -110 again, and
we achieve a 55% win rate. As we’re betting with cash rather than free play credits, the total return on a $60 wager at -110 will be $114.55.
*We’ve wagered a total of $2,400
*With a 55% win rate, we’ve won 22 of our 40 wagers.
*Our total return in is $2,5210.10 (22 winning wagers at $114.55 each).
*Our overall profit is $120.10 ($2520.10 in returns less the $2,400 wagered).
If we add the profit here to the money made from our free play credits, we’ve got a total profit of $338.32. We’ve met the rollover requirements, so that is
now “our” money.Best Online Betting Services
Now let’s see what would have happened if we’d have made the exact same sequence of bets using a reduced juice betting site. We’ve got no bonus, but
the odds are all at -105.
First we do the ten wagers at $40 each, winning six of them.
*Ten wagers of $40 each = $400 risked
*Profit per winning wager at -105 = $38.10
*Return from six winning wagers = $468.60
*Profit = $68.60
Our profit at this stage is less than the $218.22 we made when using free play credits in the earlier example. But what happens when we do the next set
of wagers?
*40 wagers of $60 each = $2,400 risked
*Profit per winning wager at -105 = $57.15
*Total return per winning wager at -105 = $117.15
*Return from 22 winning wagers = $2,577.30
*Profit = $177.30
The profit of $177.30 here is greater than the $120.10 profit we made from the same wagers in the earlier example. But our total profit across all wagers
using a reduced juice site is $245.90. Compared to the total of $338.32 we made when using free play credits and then meeting the rollover requirements.
So what does this tell us?Successful Sports Bettors
The obvious answer is that playing with a bonus is better than using a reduced juice betting site. But it’s actually not that simple. This is just one
hypothetical example. A different set of wagers, with a different set of results, could easily make a similar comparison favor reduced juice betting.
And we’re actually not trying to convince you either way. You don’t need to choose reduced juice betting over betting with a bonus, or vice versa. There’s
nothing wrong with doing both. As with betting in general, it’s all about trying to do the right thing in the right situation. There are no definitive rules
regarding the best overall approach.Summary
The purpose of this article was to provide some insight into what reduced juice betting is, and how it
compares to betting using bonuses. This is useful information for any bettor.
We also wanted to make the point that reduced juice betting has both advantages and disadvantages.
We do recommend betting with reduced juice in the right circumstances, but we don’t advise using
a reduced juice site for ALL of your betting. You should also make the most of the bonuses and other
benefits that traditional betting sites offer.
Remember that there’s one big advantage in using a range of online betting sites. It makes it easier to
compare odds and shop for the best lines. In the long run, this can make a much bigger different
to your overall profit than reduced juice betting or bonuses.
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