How to Bet with Reduced Juice
Some people call it reduced juice, some people call it reduced vigorish, this means that when you are wagering with money lines and point spreads, you will be able to do so at a lower cost than the usual -110 odds.
If you are still not too sure on what exactly the juice is, it is a commission that the sportsbook or bookie charges when they take your bet, and this is actually one of their main sources of income. At most books, the juice is usually 10%; this means that when you wager $110, you will get in return $100, which leaves a $10 profit for the house, and when it comes to reduced vig, the line is usually set at -105.
If you are checking on wagering lines and you happen to see one with reduced juice, you should take advantage of it, as even though it is really not going to save you a lot of cash in the short term, when you look at it on a yearly basis, savings can be quite considerable. Let’s say that over the course of a full year a player is playing -105 bets; if he ends up playing one thousand bets, he will be saving a nice $5000.
Let’s put it this way, when you are betting on -105 lines, you are gaining a nice percentage of a bet for every ten wagers compared to -110 lines, so when it comes to stats, after you have placed a total of twenty wagers, you will be obtaining one wager for free, which is not bad at all, and this is something that you can continue to apply every week, so, the more wagers with reduced vig you play, the more free wagers you will get. For every one hundred bets, you will get 5 free wagers, and for every 500, you are obtaining 25 for free.
Now, when a sportsbook offers -105 lines, they do so in selected days of the week, therefore, you should check lines on your book every day in order to find out when these are going to be live in order to go and bet on them. Frequent sports bettors always take advantage of this, which allows them to save substantially, and this is especially important for those making a living out of betting.
As it is clear, betting with reduced vigorish is the best way to go, so do some general online research and look for a book that will offer you the -105 lines in a constant basis.
Michael Hill is an avid sports fan and a sports writer who has been in the betting and price per head industry for years. Michael writes about his experience and offers tips for other aspiring entrepreneurs who wish to make a living with sports bookmaking.
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