Reduced Juice Wagering at LowVig.com. There is a good deal of puzzlement and misinterpretation around the concept of ‘low vig’ sports betting. Some don’t get what it implies, while the others are of the opinion that it’s something that only ‘high rollers’ can benefit from. In fact, reduced juice sports gambling is an especially dynamic tool that’s intensely valuable to all sports betting fans.
It is useful to consider similar circumstances in other industries. At one time, stock exchange investing was thought to be the province of the rich. To trade stocks, you had to get a broker who would charge you a large commission and other fees for each transaction. During the 1980′s and 1990′s, so called ‘discount brokerages’ started to take over the industry. The growth of the internet further sped up the phenomenon and now any financier can do their own trading for a nominal ‘per transaction’ fee.
An identical scenario exists in the travel industry. There was a time when you had two choices when buying travel you could call the airline and do it yourself or you might enlist help from a travel agent. If you did it directly, you were at the mercy of the airline that obviously had a vested interest in keeping their margins high. If you went through a tour agent, they had their own set of incentives the more they were given a traveler to pay for a trip the more commission they made. Now, there are countless discount travel websites and the price tag to the consumer has come down significantly.
In the sports betting industry, low juice sportsbooks are making a similar dynamic. Everyone knows the ‘industry typical’ has long been to lay -110 for a point spread bet. With low juice wagering, the player can place the same point spread bet and lay -105 or less.
So why is this critical? At -110 the ‘theoretical breakeven’ over the long run is 52.4%. At -105, ‘theoretical breakeven’ is reduced to just over 51%. To paraphrase, at -110 you have to win more to reach a break even point than you do at the ‘reduced juice’ of -105. This explains why it is a valuable at a ‘low juice’ sportsbook with the same handicapping and gambling performance it is simply easier to reach a break even point and make a profit.
This is the reason why professional sports betting specialists search out and hire ‘reduced juice’ sportsbooks and why you must as well. As the sportsbook industry grows and matures, a growing number of companies are taking a look at ‘reduced juice’ betting as a competitive advantage. You can receive the same kind of security, professionalism and gambling options at normal ‘full juice’ stores only you’ll pay a lot less for it. From the time you place your first bet, you’re already ahead of the game when you take advantage of the ‘lower prices’ offered by low juice sportsbooks.
LowVig.com is among the top reduced juice sportsbook online and we encourage you to read the article below to learn why.
The largest problem for sports bettors is their absence of capability to approach sports betting for what it is, an investment. With correct money management, self-control, and a handy source of winning picksyou can lead yourself to tremendous amounts of winnings. For more information on cash flow control check out our article on “money management.”
For today we are going to have a look into some perspectives on “juice” and how by playing with reduced juice you can increase your income in your sports gambling investment. First let us outline what juice is for anyone that has no idea what I am chatting about. Juice or vigorish is the amount you have to risk at a sportsbook to make a wager. Juice is the sportsbooks commission to take your bet and how sportsbooks make their money.
Standard juice is for every $10 a bettor wants to win he must risk $11. While that is the typical, betters now have one awfully safe and trusty reduced juice sportsbook taking high limit low vig bets: LowVig.com.
LowVig.com sportsbook offers low juice wagering where you just need to risk 105 on sides. Now plenty of individuals don’t understand how critical that reduced juice is long term and would much rather take the Twenty percent sign up bonus at another sportsbook. We have demonstrated below a table that shows you simply how moneymaking it can be.
For our example we are going to use 1100 plays a year with a winning share of 53%. An average of about 3 wagers a day with merely a tiny winning % over the break even mark.
Risking the common 110 for a $100 a game player
583 wins 517 losses= +1430.00
Laying 107 for a $100 a game player
583 wins 517 losses= +2981.00
Laying 105 for a $100 a game player
583 wins 517 losses= +4015.00
As you can see a $100 a game player saves $1551 playing at LowVig.com saves the player $2585 a year. I do not know of any sportsbooks that are giving that sort of bonus away and if you know of any I might stay far away.
Laying the regular 110 for a $500 a game player
583 wins 517 losses= +7150.00
Laying 107 for a $500 a game player
583 wins 517 losses= +14,905.00
Laying 105 for a $500 a game player
583 wins 517 losses= +20,075.00
A $500 a game player saves $7,755 playing at LowVig.com sportsbook he saves $12,925 over the year. Now how does that Twenty percent sign up or reload compensation sound? Like I tell all our clients if you’re major about making profits gambling sports having an account at LowVig.com is an absolute must.
Low vig trumps any compensation you’ll ever receive.