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BENEFITS OF REDUCED JUICE SPORTSBOOKS

The commission sportsbooks charge gamblers on wagers is commonly referred to as the juice or vigorish. Traditionally online sportsbooks require the sports bettor to wager at -110 on spreads and totals. The sports bettor risks $1.10 to win $1.00.

Every sports bettor needs at least one reduced juice sportsbook in their arsenal. In some cases reduced juice is offered in lieu of or an addition to a deposit bonus. Reduced juice sportsbooks let sports bettors wager on spreads and totals as low as -105, risking $1.05 to win a $1.00. Although their profit margin is smaller they make it up by doing more volume then their competitors.

It is not unusual for the typical sports bettor who makes a couple bets a day to have placed a thousand or more wagers in one year. If they earn $100 on every winning wager and win 55% of their bets this is how much they will have profited after one thousand wagers.

Betting at -110 Juice:

Amount Won = $55,000
Amount Lost = -$45,000
Juice on Losses = -$4,500
Profit = $5,500

Betting at -105 Juice:

Amount Won = $55,000
Amount Lost = -$45,000
Juice on Losses = -$2,250
Profit = $7,750

An increase in net profit of more than 40% is possible by betting at reduced juice sportsbooks.


5Dimes Sportsbook