Sentences with phrase «-110 vig»
Most sportsbooks charge a -110 vig, which means that bettors need to win 52.38 percent of their bets in order to turn a profit.
http://www.espn.com/
Why pay -110 vig when you can deal with a fellow sports bettor and get -103, +100, perhaps even +105??!! As sports bettors become more informed shoppers, an increasing number of players will migrate to the betting exchanges.
Since 2008, 51.2 % of NFL regular season games have gone «over» the total, indicating there is a slight trend towards «overs», yet not enough to cover the juice if assuming a normal -110 vig.
Additionally, a handful of books offer reduced juice, meaning bettors don't have to pay the standard -110 vig and therefore get paid a higher return on winning bets.
This shows a slight edge, but it isn't enough to cover the standard -110 vig charged by most sportsbooks.
Why pay -110 vig when you can deal with a fellow sports bettor and get -103, +100, perhaps even +105??!! As sports bettors become more informed shoppers, an increasing number of players will migrate to the exchanges.
Our record has been profitable every season except for last season, when Marketwatch was 52.1 %, just below the magical number of 52.4 % needed to beat the -110 vig.
Not exact matches
Home dogs have produced a win rate of 52.4 % ATS, which is also the break - even point for spread bettors (assuming a vig of -110).
The «-110» next to the line is what's known as the vig, or juice, which is simply a fee the sportsbooks charge to use their service.
Unfortunately, fading these teams (or betting against them) would result in just a 50.7 % winning percentage, which falls well below the 52.4 % needed to break even when assuming a vig of -110.
The data assumes 1,000 plays against the spread (with a vig of -110) over a calendar year, across all major US sports.
When wagering on basketball and football point spreads, bettors must win 52.4 % of their games (assuming a vig of -110) in order to break - even.
A sportsbook that offers «reduced juice» means their vig is something other than the standard -110 juice on sports.