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re: Why are the oddsmakers so in Bama's corner?
Posted on 11/4/11 at 10:24 pm to DennyChimes10
Posted on 11/4/11 at 10:24 pm to DennyChimes10
Only with legal betters. Illegal betters money is on LSU. They said close to a billion $ bet on this game around the world legal and illegal.
0
Posted on 11/4/11 at 10:26 pm to LSUzealot
quote:
75% of bettors bet LSU. guess Vegas failed.
Lulz. If that were the case LSU would be the favorite.
Posted on 11/4/11 at 10:31 pm to drizztiger
quote:
Juice is the 10% bookies make no matter who wins.
Can you answer this question? I haven't bet in a decade or so and then, just with a local guy. In looking at some of the internet betting sites it appears that some places put more than 10% juice on a side. For instance if team A is favored by 7 over team B, if you want to take team A and lay the 7, it costs $130 to win $100. Did I see that correctly or is it still lay the points or take the points and 110 wins 100?
Posted on 11/4/11 at 10:55 pm to Tigahs24Seven
OM's try to even the money on either side of the bet.
Posted on 11/4/11 at 11:00 pm to Jake88
quote:
Did I see that correctly or is it still lay the points or take the points and 110 wins 100?
You saw it correctly. Books don't like to move off a good number, so they raise the juice instead of moving the line. See this a lot when number is 3 or 7. Ocassionally you can get a favorite at plus money, which means you bet 95 to win 100, etc.
Posted on 11/4/11 at 11:02 pm to Jake88
quote:
For instance if team A is favored by 7 over team B, if you want to take team A and lay the 7, it costs $130 to win $100. Did I see that correctly or is it still lay the points or take the points and 110 wins 100?
If the recognized line is 7, you should be paying no more than 10%. If you are buying a pt. or two then the juice(vig) will be higher.
Ex. Bama -5.5 -110
Bama -7 -130
Posted on 11/5/11 at 3:51 am to bona fide
OK guys, the JUICE is simply the 10% a better pays on top of when he loses a bet. You bet $100, then you win $100. If you lose that bet, then you pay the book $110
Therefore, if a Bookie has $300,000 for LSU and the same for Bama, then he is guaranteed to make $30,000 from the losing bettors. He will pay out $300,000 from the winners and get $330,000 from the losers. Unless they dont pay, then he beats their arse.
Therefore, if a Bookie has $300,000 for LSU and the same for Bama, then he is guaranteed to make $30,000 from the losing bettors. He will pay out $300,000 from the winners and get $330,000 from the losers. Unless they dont pay, then he beats their arse.
Posted on 11/5/11 at 4:55 am to crimsonsaint
quote:
Lulz. If that were the case LSU would be the favorite
percentage doesn't mean shite; it's about dollars. there has been more money bet on bama and they are encouraging money on LSU right now.
Posted on 11/5/11 at 6:26 am to LSU GrandDad
It's gameday and I'm still torn between taking the points or gunning for the +170 money line.
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