Juice Betting

The juice is a term that describes the commission charged by the sportsbook on a bet. So naturally, we would want to drive that commission cost down, hence reduced juice. A bettor wants to profit a minimum of $100 for every $100 bet placed. A goal of the sportsbook is. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. For a moneyline of -600, if a bettor risks $600 they win $100 and therefore the return is $700 ($600 stake + $100 win). So here the math is 600/700=0.8571 (85.71%). The Daily Juice Betting Pick Tracker. Accountability is the sign of any good sports betting expert – along with profitability, of course. And The Daily Juice host Matt Perrault is all about transparency – which is why he's making available his master betting pick tracker to the general public. Now you can see every pick Perrault has made in the history of The Daily Juice Podcast, complete with sport, odds, number of. Juice or vig is the amount of cut, or money, the bookmaker gets on your bet. This is the bookmakers commission off of your bet. Reduced juice means that the amount of commission is lower and therefore more money in your pocket. It is the easiest way for you to get the most value for your bets.

• Juice Betting Term
• Betting Juice Meaning
• Betting Juice Explained

You should try to explore every possible avenue for maximizing the potential returns on your sports
wagers. This is a good idea even if sports betting is just something you do for a bit of fun. It's especially
important if you're serious about making consistent and long term profits.

There are some obvious ways to maximize your returns when betting on sports. These include learning
as much strategy as possible, and working on improving your fundamental betting skills. There are other
options too, some of which a lot of bettors don't even know about.

One such option is betting with reduced juice. This is something that every serious bettor should be
aware of, but there's a surprising amount of confusion and misconception regarding the term reduced
juice. We say surprising because the basic concept is very simple. And yet there are plenty of people
who don't really understand it all. There also those who think it's only for high rollers, which is simply not true.

The purpose of this article is to explain exactly what reduced juice betting is. We also look at its pros and cons, and
compare it to using the bonuses and free bets that are available from any betting sites. For those of you who already understand
the concept, we start the article by covering where to bet if you're looking for reduced juice. Or, for a general overview, you can
view the video we have put together below:

Where to Bet with Reduced Juice

You have two options when looking to bet online with reduced juice. These are as follows.

1. Use a specialist reduced juice site.
2. Use a 'traditional' sports betting site that offers reduced juice on specific lines or at specific times.

An account with a specialist reduced juice site is almost essential if you're anything more than the most casual of sports bettors. It's unlikely you'll want
to do ALL of your wagering with such a site though. 1 6 betting odds ncaa. In any case, there are not many high quality examples of specialist reduced juice sites.

So it's also worth having an account with one or more of the other sites that offer SOME reduced juice lines. You'll understand the reasons why we
recommend this approach once you've read the whole of this article. For now, here are top recommendations for reduced juice betting sites.

Reduced Juice: An Explanation

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.

If you know what juice/vig is, then you should also know that minimizing how much of it you pay should is a good thing. 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 -110. So for a match between the
Dallas Cowboys and the Washington Redskins, you might see a sports betting site offer the following line.

Can you spot the difference?

The odds are better at this site. At -105, you only have to stake $105 for the chance of winning $100. 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.

Pros & Cons of Reduced Juice Betting

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. A traditional betting site might limit you to
staking $1-2,000 on each wager.But the limits at a reduced juice betting site might be $5,000, $10,000 or possibly even higher. This is a real benefit if
you're a winning bettor and want to stake higher amounts.

Reduced juice betting sites are not without their disadvantages though.

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.

• Lower bonuses (or none at all)
• Less special offers and promotions (or none at all)
• Sharper lines
• Poor customer support

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.

Comparing Reduced Juice to Bonuses

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.

But is that much of an issue to miss out on some bonuses when you're paying less big?

Let's find out.

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. For example, when using cash, a successful
$110 wager at odds of -110 would return a total of $210. This is the $100 in winnings plus the original $110
stake. When using a bonus, you'd be using $110 of your free play credits. The return is just the $100 in
winnings.

For the purposes of this hypothetical comparison, we're going to assume we've just been issued a bonus of $400 worth free play credits. We've then
decided to make ten equal wagers of $40 using those credits. Each wager is at -110 odds.

Let's say we managed a 60% win rate with those wagers. So we've won six, and lost four. Each winning wagers has returned $36.37. Our total return is
therefore $218.22 (6 x $36.37).

So far so good. We're $218.22 up. 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.

Typical rollover requirements are six times the amount of the bonus. This would leave us with a total of $2,400 to wager before we've 'cleared' the
bonus (6 x $400). We decide to increase our stakes to $60 per wager, in order to meet these requirements more quickly.

To wager the full $2,400, we'd need to make 40 wagers at $60 stakes (40 x $60 = $2,400). Let's say we make these wagers all at odds of -110 again, and
we achieve a 55% win rate. As we're betting with cash rather than free play credits, the total return on a $60 wager at -110 will be $114.55.

• We've wagered a total of $2,400
• With a 55% win rate, we've won 22 of our 40 wagers.
• Our total return in is $2,5210.10 (22 winning wagers at $114.55 each).
• Our overall profit is $120.10 ($2520.10 in returns less the $2,400 wagered).

If we add the profit here to the money made from our free play credits, we've got a total profit of $338.32. Craps rolls. We've met the rollover requirements, so that is
now 'our' money.

Now let's see what would have happened if we'd have made the exact same sequence of bets using a reduced juice betting site. We've got no bonus, but
the odds are all at -105.

First we do the ten wagers at $40 each, winning six of them.

• Ten wagers of $40 each = $400 risked
• Profit per winning wager at -105 = $38.10
• Return from six winning wagers = $468.60
• Profit = $68.60

Our profit at this stage is less than the $218.22 we made when using free play credits in the earlier example. But what happens when we do the next set
of wagers?

• 40 wagers of $60 each = $2,400 risked
• Profit per winning wager at -105 = $57.15
• Total return per winning wager at -105 = $117.15
• Return from 22 winning wagers = $2,577.30
• Profit = $177.30

The profit of $177.30 here is greater than the $120.10 profit we made from the same wagers in the earlier example. But our total profit across all wagers
using a reduced juice site is $245.90. Compared to the total of $338.32 we made when using free play credits and then meeting the rollover requirements.

So what does this tell us?

The obvious answer is that playing with a bonus is better than using a reduced juice betting site. But it's actually not that simple. This is just one
hypothetical example. A different set of wagers, with a different set of results, could easily make a similar comparison favor reduced juice betting.

And we're actually not trying to convince you either way. You don't need to choose reduced juice betting over betting with a bonus, or vice versa. There's
nothing wrong with doing both. As with betting in general, it's all about trying to do the right thing in the right situation. There are no definitive rules
regarding the best overall approach.

Juice Betting Term

The purpose of this article was to provide some insight into what reduced juice betting is, and how it
compares to betting using bonuses. This is useful information for any bettor.
We also wanted to make the point that reduced juice betting has both advantages and disadvantages.
We do recommend betting with reduced juice in the right circumstances, but we don't advise using
a reduced juice site for ALL of your betting. You should also make the most of the bonuses and other
benefits that traditional betting sites offer.
Remember that there's one big advantage in using a range of online betting sites. It makes it easier to
compare odds and shop for the best lines. In the long run, this can make a much bigger different
to your overall profit than reduced juice betting or bonuses.

What is Juice or Vigorish or Vig?

The term 'Juice' is actually a slang term for Vigorish or 'Vig'. In sports gambling is the amount of money or commission a sports book receives for taking your bet.

Most of the time, the sports books takes a 10% cut for the amount of each wager, but the juice amount can vary from book to book and from sport to sport. For instance, most online sports book use 20% vig or juice for Baseball commission.

The sports book only collects the juice if the bet is lost. Conversely, juice is not paid to players on winning bets.

Betting Juice Meaning

Example: Online sports betting strategy.

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.

Pros & Cons of Reduced Juice Betting

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. A traditional betting site might limit you to
staking $1-2,000 on each wager.But the limits at a reduced juice betting site might be $5,000, $10,000 or possibly even higher. This is a real benefit if
you're a winning bettor and want to stake higher amounts.

Reduced juice betting sites are not without their disadvantages though.

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.

• Lower bonuses (or none at all)
• Less special offers and promotions (or none at all)
• Sharper lines
• Poor customer support

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.

Comparing Reduced Juice to Bonuses

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.

But is that much of an issue to miss out on some bonuses when you're paying less big?

Let's find out.

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. For example, when using cash, a successful
$110 wager at odds of -110 would return a total of $210. This is the $100 in winnings plus the original $110
stake. When using a bonus, you'd be using $110 of your free play credits. The return is just the $100 in
winnings.

For the purposes of this hypothetical comparison, we're going to assume we've just been issued a bonus of $400 worth free play credits. We've then
decided to make ten equal wagers of $40 using those credits. Each wager is at -110 odds.

Let's say we managed a 60% win rate with those wagers. So we've won six, and lost four. Each winning wagers has returned $36.37. Our total return is
therefore $218.22 (6 x $36.37).

So far so good. We're $218.22 up. 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.

Typical rollover requirements are six times the amount of the bonus. This would leave us with a total of $2,400 to wager before we've 'cleared' the
bonus (6 x $400). We decide to increase our stakes to $60 per wager, in order to meet these requirements more quickly.

To wager the full $2,400, we'd need to make 40 wagers at $60 stakes (40 x $60 = $2,400). Let's say we make these wagers all at odds of -110 again, and
we achieve a 55% win rate. As we're betting with cash rather than free play credits, the total return on a $60 wager at -110 will be $114.55.

• We've wagered a total of $2,400
• With a 55% win rate, we've won 22 of our 40 wagers.
• Our total return in is $2,5210.10 (22 winning wagers at $114.55 each).
• Our overall profit is $120.10 ($2520.10 in returns less the $2,400 wagered).

If we add the profit here to the money made from our free play credits, we've got a total profit of $338.32. Craps rolls. We've met the rollover requirements, so that is
now 'our' money.

Now let's see what would have happened if we'd have made the exact same sequence of bets using a reduced juice betting site. We've got no bonus, but
the odds are all at -105.

First we do the ten wagers at $40 each, winning six of them.

• Ten wagers of $40 each = $400 risked
• Profit per winning wager at -105 = $38.10
• Return from six winning wagers = $468.60
• Profit = $68.60

Our profit at this stage is less than the $218.22 we made when using free play credits in the earlier example. But what happens when we do the next set
of wagers?

• 40 wagers of $60 each = $2,400 risked
• Profit per winning wager at -105 = $57.15
• Total return per winning wager at -105 = $117.15
• Return from 22 winning wagers = $2,577.30
• Profit = $177.30

The profit of $177.30 here is greater than the $120.10 profit we made from the same wagers in the earlier example. But our total profit across all wagers
using a reduced juice site is $245.90. Compared to the total of $338.32 we made when using free play credits and then meeting the rollover requirements.

So what does this tell us?

The obvious answer is that playing with a bonus is better than using a reduced juice betting site. But it's actually not that simple. This is just one
hypothetical example. A different set of wagers, with a different set of results, could easily make a similar comparison favor reduced juice betting.

And we're actually not trying to convince you either way. You don't need to choose reduced juice betting over betting with a bonus, or vice versa. There's
nothing wrong with doing both. As with betting in general, it's all about trying to do the right thing in the right situation. There are no definitive rules
regarding the best overall approach.

Juice Betting Term

The purpose of this article was to provide some insight into what reduced juice betting is, and how it
compares to betting using bonuses. This is useful information for any bettor.
We also wanted to make the point that reduced juice betting has both advantages and disadvantages.
We do recommend betting with reduced juice in the right circumstances, but we don't advise using
a reduced juice site for ALL of your betting. You should also make the most of the bonuses and other
benefits that traditional betting sites offer.
Remember that there's one big advantage in using a range of online betting sites. It makes it easier to
compare odds and shop for the best lines. In the long run, this can make a much bigger different
to your overall profit than reduced juice betting or bonuses.

What is Juice or Vigorish or Vig?

The term 'Juice' is actually a slang term for Vigorish or 'Vig'. In sports gambling is the amount of money or commission a sports book receives for taking your bet.

Most of the time, the sports books takes a 10% cut for the amount of each wager, but the juice amount can vary from book to book and from sport to sport. For instance, most online sports book use 20% vig or juice for Baseball commission.

The sports book only collects the juice if the bet is lost. Conversely, juice is not paid to players on winning bets.

Betting Juice Meaning

Example: Online sports betting strategy.

Betting Juice Explained

Paul bets $100 on the Cowboys. If the Cowboys lose, the Paul owes the sports books $110, because he must pay the 'juice' of 10%.