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  1. #1

    Default Do all online books have VIG on ML's?

    Or is it just included in the odds?

    what i mean exactly is

    ex: if i put $50 on Celtics -142, will i lose say $55 assuming its -110 juice?

  2. #2

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    Quote Originally Posted by BrUno0 View Post
    Or is it just included in the odds?

    what i mean exactly is

    ex: if i put $50 on Celtics -142, will i lose say $55 assuming its -110 juice?
    -142 is the juice....


  3. #3

    Default

    keep it simple

    if A-200 , then risking 100.00 on A will return 50.00 or risking 200.00 on A will return 100.00

  4. #4

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    i think what you are trying to say is if you took the dog would you be paying juice. Now 50 would lose 50 unless the odds were 110 or 105 on each side. No juice on dog bets with money lines

  5. #5

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    Quote Originally Posted by Francis Sollozzo View Post
    keep it simple

    if A-200 , then risking 100.00 on A will return 50.00 or risking 200.00 on A will return 100.00
    and if you lose, you just lose $50 or $100?

  6. #6

    Default

    btw -- for those whom believe there is no juice/vig by betting the Dogs

    the vig is in the spread

  7. #7

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    Quote Originally Posted by BrUno0 View Post
    and if you lose, you just lose $50 or $100?
    you lose what you RISK

  8. #8

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    Quote Originally Posted by Francis Sollozzo View Post
    btw -- for those whom believe there is no juice/vig by betting the Dogs

    the vig is in the spread
    well that is true but i don't think that is what he is looking for

  9. #9

    Default

    Guys I'm sort of confused.

    Whats the VIG on this wager if i were to take the celtics ML?

    Cleveland Cavaliers +8 +100 +365
    Boston Celtics -8 -110 -415

  10. #10

    Default

    It depends on whether you are RISKING 50, or betting TO WIN 50. If you are risking 50, you are betting 50 to win 35.21 (50/1.42). If you are betting to win 50, you are risking 71 to win 50.

  11. #11

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    In last example, risk 415 to win 100.

  12. #12

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    Quote Originally Posted by LT Profits View Post
    It depends on whether you are RISKING 50, or betting TO WIN 50. If you are risking 50, you are betting 50 to win 35.21 (50/1.42). If you are betting to win 50, you are risking 71 to win 50.
    I am risking 50. but don't pay attention to that look at my last post, thats the pinnacle ML right now.

    so there is no VIG in ML's outside of the odds i take, correct?

    you guys get what i'm asking? Like when you play the game line spread and lay -110 or -105 etc, when taking ML's there is none of that, Since it's included in the actual Money Line Spread.
    Last edited by BrUno0; 05-17-08 at 03:04 PM.

  13. #13

    Default

    Well, the vig is built into the ML. In this instance, -415/+365 would be +/-390 without vig.

  14. #14

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    By the way, I don't think it's worth risking $50 on a more than 4/1 favorite.

  15. #15
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by ShamsWoof10 View Post
    -142 is the juice....
    -142 is not the juice, it's the price or simply the odds.

    See http://forum.sbrforum.com/players-ta...ical-hold.html.

    SBR Founder Join Date: 8/28/2005


  16. #16

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    Quote Originally Posted by BrUno0 View Post
    I am risking 50. but don't pay attention to that look at my last post, thats the pinnacle ML right now.

    so there is no VIG in ML's outside of the odds i take, correct?

    you guys get what i'm asking? Like when you play the game line spread and lay -110 or -105 etc, when taking ML's there is none of that, Since it's included in the actual Money Line Spread.
    I think I get what you're asking

    No , there is no extra juice like -110 on a ML bet

  17. #17
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by LT Profits View Post
    Well, the vig is built into the ML. In this instance, -415/+365 would be +/-390 without vig.
    Actually it would be about ±374.7 without vig.

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  18. #18

  19. #19

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    Quote Originally Posted by Ganchrow View Post
    Actually it would be about ±374.7 without vig.
    gotta love Ganchrow

  20. #20
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by BrUno0 View Post
    Guys I'm sort of confused.

    Whats the VIG on this wager if i were to take the celtics ML?

    Cleveland Cavaliers +365
    Boston Celtics -415
    The vig on the above ML would be about 2.05% meaning that for every $100 you bet you'd expect to loss about $2.05 (assuming an unbiased market).

    This would be true whether or not you bet $415 to win $100 on the Celtics (expected loss ≈ 2.05% * $415 ≈ $8.49) or $100 to win $365 on the Cavs (expected loss ≈ 2.05% * $100 ≈ $2.05).

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  21. #21

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    Battle of the sharps...

    Ganch -115
    LT Profits -105

  22. #22

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    Quote Originally Posted by Ganchrow View Post
    Actually it would be about ±374.9 without vig.
    Is it not 390 with 25-cents juice each way? Just like a 20-cent line at -110 would be EVEN with no vig?

  23. #23

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    Quote Originally Posted by Francis Sollozzo View Post
    I think I get what you're asking

    No , there is no extra juice like -110 on a ML bet
    so what LT and Ganchrow said, this must not be true, and there is indeed juice?

  24. #24
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    Quote Originally Posted by AgainstAllOdds View Post
    Battle of the sharps...

    Ganch -115
    LT Profits -105
    no offense to LT, but I'll take Ganch for the max

  25. #25
    durito's Avatar SBR PRO
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    Quote Originally Posted by BrUno0 View Post
    so what LT and Ganchrow said, this must not be true, and there is indeed juice?
    no, there's no juice, the sportsbook just gives money away for free

  26. #26

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    Quote Originally Posted by Ganchrow View Post
    The vig on the ML in this case would be about 2.05% meaning that for every $100 you bet you'd expect to loss about $2.05 (assuming an unbiased market).

    This would be true whether or not you bet $415 to win $100 on the Celtics (expected loss [hcc]asymp[/hcc $8.49) or $100 to win $365 on the Cavs (expected loss [hcc]asymp[/hcc $2.05) .
    how do i figure this out when looking at the ML, how do i get what the % of juice?

  27. #27

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    Quote Originally Posted by BrUno0 View Post
    so what LT and Ganchrow said, this must not be true, and there is indeed juice?
    they are right , notice i said EXTRA juice , because I thought that was what you were asking

  28. #28

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    Battle of the sharps...

    New Odds

    Ganch -125
    LT Profits +105

  29. #29
    durito's Avatar SBR PRO
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    Quote Originally Posted by BrUno0 View Post
    how do i figure this out when looking at the ML, how do i get what the % of juice?
    http://forum.sbrforum.com/players-ta...ical-hold.html

  30. #30

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    Quote Originally Posted by Francis Sollozzo View Post
    they are right , notice i said EXTRA juice , because I thought that was what you were askinh
    yes thats what i mean....

    alls i want to know is, if i risk $50 on the boston celtics i lose 50 dollars, if i bet $50 on the clevland cavaliers, i lose $50

  31. #31
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by BrUno0 View Post
    how do i figure this out when looking at the ML, how do i get what the % of juice?
    http://www.sbrforum.com/Betting+Tool...alculator.aspx

    SBR Founder Join Date: 8/28/2005


  32. #32

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    Quote Originally Posted by BrUno0 View Post
    yes thats what i mean....

    alls i want to know is, if i risk $50 on the boston celtics i lose 50 dollars, if i bet $50 on the clevland cavaliers, i lose $50
    correct , you will return/win less than 50 on Boston , more than 50 on Clev

  33. #33

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    Quote Originally Posted by Francis Sollozzo View Post
    correct , you will return/win less than 50 on Boston , more than 50 on Clev
    thank you, all i was trying to figure out.

  34. #34
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by LT Profits View Post
    Is it not 390 with 25-cents juice each way? Just like a 20-cent line at -110 would be EVEN with no vig?
    This is true for a market at -110/-110 only because you're bisecting even odds. However, it is not true in any other case.

    See http://forum.sbrforum.com/players-ta...ical-hold.html.

    SBR Founder Join Date: 8/28/2005


  35. #35

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