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.
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.
Not exact matches
The
vig / juice was a little steep
when odds opened, but those have started to tighten up since Thursday morning.
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.
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.
Although this strategy still loses money due to the juice /
vig charged by sportsbooks, it highlights the importance of focusing on highly bet games
when fading the public.
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.