Bonuses and Promotions
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. 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.
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 So for a match between the Dallas Cowboys and the Washington Redskins, you might see a sports betting site offer the following line.
Most bettors are used to these odds. A reduced juice betting site, however, might offer the following line for the same game. The odds are better at this site. 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.
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. This is a real benefit if you're a winning bettor and want to stake higher amounts. 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. 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.
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.
We'll now compare the net results of wagering with reduced juice with the net results of wagering with a bonus. 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. Each wager is at odds. So we've won six, and lost four. So far so good. 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. Like a parlay, all selections must be correct for the teaser to win. Tie - A wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line. Totals Bet - A proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sportsbook. Underdog - The team perceived to be most likely to lose.
Also known as the "dog" for short. Vigorish - The bookmaker's commission on a losing bet; also known as "juice" or "vig" for short. The information contained at this website is for news and entertainment purposes only. Any use of this information in violation of federal, state, provincial or local laws is strictly prohibited.
Get the best football picks and NFL football picks from the industry's most formidable sports handicapping team. Football picks that will keep you winning all season. Get NFL football picks and free football picks from the top guys in the industry. NFL football picks for football betting are offered every day with a complete analysis.
Instead download the new and improved DBS3 client here and install it, then use DBS3 icon on your desktop to login and view your desktop odds.
Advertise Betting Terminology Free Odds. Across the Board - A method of wagering on a horse to win, place and show. Bad Beat - A wager that loses unexpectedly. Book - An establishment that accepts bets on the outcome of sporting events. Canadian Line - A combination pointspread and moneyline in hockey.
Chalk - The favored team, athlete or horse. Dime Line - A line where the juice is 10 percent. Dog - Short for "underdog. Even Money - A wager on which neither side lays any odds or vigorish. Exposure - The maximum amount of money a sportsbook stands to lose on a game.
Figure - The amount owed to or by a bookmaker. First Half Bet - A bet placed only on the first half of the game. Getting Down - Making a bet. Handicapper - One who studies and rates sporting events. Handle - The total amount of money bet on an event or group of events. Hook - A half-point. Juice - The commission the bookie earns. Laying the Points - Betting the favorite by giving up points. Laying the Price - Betting the favorite by laying money odds. Layoff - Money bet by a house with another bookmaker to reduce its liability.
Lines - Another word for odds. Lock - An easy winner. Longshot - A team, athlete or horse perceived to be unlikely to win. Moneyline - A wager where no pointspread is involved. Nickel Line - A sports wagering line where the juice is five percent.
No Action - A wager in which no money is lost nor won. Off the Board - A game that the bookmaker is not offering action on at that moment. Pick 'em - A game where neither team is favored. Press - To wager a larger amount than usual. Price - The odds or pointspread.
Puppy - The underdog. Push - When a contest ends with no winner or loser for wagering purposes. Round Robin - A series of three or more teams in 2-team parlays. Run down - All the lines for a specific date, sport, time, etc.
Runline - In baseball, a spread used instead of the moneyline. Runner - One who places bets for another. Sides - The two teams or athletes playing - the underdog and the favorite. Single Action - An "if bet" that's processed only if the precedent bet wins. Spread - An abbreviated form of "pointspread.