[Wigington]

I have spent many hours researching hundreds of books cause I am a very picky player. When dealing with my own money I feel that I should be and so should you! I have done a little research on reduced juice compared to full price.
-105 compared to -110. By placing the same bets that you would over the course of a season you automatically increase your profit just because of a lower juice! You are not changing anything you are doing other than switching books!

Point #1

It is amazing to us how predictably bad sports bettors are at money management. Case in point, the phenomena of "reduced juice" betting, laying -105 or -107 instead of -110. Reduced juice betting is one of the most powerful tools in the arsenal of any online sports bettors. Why then do most sports bettors refuse to use it? Do players like giving away their cash? This is exactly what they are doing by continuing to lay -110 instead of -105. Knowing that a lot of players still do not taking advantage of reduced juice betting, we have decided to explain what it is, and how it WILL help you make money regardless of which team you bet.

First off, let us state how important reduced betting is:
-Any person that understands the basics of money management uses reduced juice betting.
-Any player that makes a living at sports betting uses reduced juice betting.
-Any player planning on making a living at sports betting should use reduced juice betting.

It has been well documented that a monkey flipping a coin can expect to hit 50% of his games. It is also understood that this same monkey needs to have a winning % greater than 52.37% to overcome the -110 juice, and simply breakeven. Reduced juice betting drastically effects your win %, bring this number down, -107 = 51.67%, and -105 = 51.22%.


These numbers are big time to me. I frequent covers.com to see what is going on over there from time to time and I read an interesting article. One poster compared making on average 300 bets over the course of a season. Starting bankroll was $100,000. He won 58% of his bets over the season and lost 42%. Comparing a 10% juice to a 2% juice over the course of 1 season he would have made a profit of $151,000 just by placing his bets at a reduced juice sportsbook. Now whether or not his bankroll was $100,000 I do not know and it doesn't matter. Your bankroll could be $100. The point is that regardless of $5 wagers or $5000 wagers, if your wagers are placed at a reduced juice sportsbook you are gonna be +$$$ more so than your regular price -110 book. Personally I am learning everyday and I want to be able to do this full time for a living one day. Some may say that is crazy, but there are those who do it and I could see myself becoming one. If I go 60% every season I feel that I am on a good track. One other thing that was mentioned but I want to reinforce is that typically a bettor wants to hit 52-54% over a season to show profit. If you are placing your bets at a reduced juice book that number now drops to where you need to hit 51.22% to show the same profit. So if you are hitting your 54% but at a reduced book only needing 51.22% then you are already increasing your profit even more.

Point #2

When I started gambling this football season I would put in $100 or so every week and see how much I could win. Trying to win $2-$300 a week so I would not have to rely on working my day job so much. I have a little different view though now. I have a certain dollar amount as my bankroll and my goal at the end of the season is to at least double my bankroll. So if I start out with $500 by the end of that season my goal is to have $1000. This eliminates the withdrawal fees as a problem and gives me a workable goal too. So people that claim gambling is a waste and for everyone that looks down on it, I have to strongly disagree. I look at it as an investment. Who wouldn't want to double their money. Whether its playing the NY Stock Exchange or wagering on football it is an investment where you could win or lose. I know I have spoken on a variety of topics, but my main focus here and for everyone who reads this is why not make more profit for doing the exact same thing you already do. If your gonna make a wager tommorrow and the next day and next month and you know your going to continue to make more wagers wouldn't it make sense to get more return for your winnings? I also know how some books offer bonuses and that is really attractive and keeps players at those books, but you do realize that you would still have more profit at a reduced juice book with no bonus vs. a regular price book with bonuses.

The obvious choices for a reduced book are:

1. Pinnacle -105
2. Canbet -107

I prefer Pinnacle for early lines, lowest juice available, and 8 cent baseball lines, plus they have a 10% bonus as well if that interests you!

Well thats is for this topic guys! As always I am not pressing anything on anyone. I do not get paid for you to go to these books. Just passing on information that I have learned thus far. All comments are appreciated and I look forward to everyone's feedback!

[Tommy]

Believe it or not I have read your whole post Wig

1st thing I want to point out is that if you are a serious bettor (No teasers, parlays, etc) and you make mostly straight wagers online, then Pinnacle is a MUST in anyones arsenal of sportsbooks.

The reduced vig at Pinnacle is imperative if you bet large sums especially. You will save so much in the course of a year, which means more spent on placing bets. I have reviewed a couple of reduced juice sportsbooks and Pinnacle is flat out the best.

You are right, if you are a serious sports bettor and place pretty big size wagers, then reduced juice beats out any kind of bonus hands down in the long run.

I wish you luck on your venture to show a 60% profit over a course of a year and do this full time Wig, that would be a tremendous feat.

I think out of all people who place wagers online, only 9% makes a profit over a course of a year. This year with the wacky football season with all of the favs covering, that should go up a tad this year.

[Wigington]

Yeah you are right! I do not see 60% to be too hard really? I am at 66% in NCAAB. I know this number will go up and down over the course of the season, but if I could even finish at 58% this would be great!

[Tommy]

60% out of all of your bets for the whole year is really great. Even better if you can consistently do it year after year.

[Wigington]

Thats the goal and hopefully I can achieve it! I hope everyone can achieve it! Thanks for reading my post Big!

[naught33]

thx for the info wig...yeah if we can achieve 60% or better that would be great!