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View Full Version : Reduced Juice Sportsbooks -- Just something to consider


MasterShakes
08-17-2005, 03:29 AM
Lots of people don't spend a lot of time when searching for a sportsbook. Lots of people make poor decisions even when they do shop around. The best suggestion I can give you if you are searching for a sportsbook(s) is to find a REPUTABLE book that deals reduced juice.

There are plenty of sportsbooks out there that are currently dealing juice at -107 or less.

The importance of not giving up this juice cannot be overstated. Over the long haul, it is certainly better than a bonus that you have to clear at -110.

With -110 juice, you're fighting a 5% house edge. With -107, edge is reduced to 3.5%. With -105, edge is reduced to 2.5%. These books are offering to do some of the edge reduction work for you, and you should definitely take them up on it. With line shopping over at least a couple of books, this edge can become negligible or non-existant on many games (especially in college sports).

Regardless of who you decide to go with, always check out what sportsbookreview.com has to say about them.

Here's a list of those that are trustworthy (from what I have read):

1) Pinnacle (-105)

2) Hollywood International (-107)

3) Canbet (-107)

4) Mansion (-105) - Mansion is a relatively new sports exchange, which also has a sportsbook. You almost surely will not find anything of value in their sportsbook. However, they are currently dealing all football games at -104 juice in their exchange. On wins, Mansion charges a 1% "exchange fee". When you make an offer that is accepted, you are not charged that exchange fee when you win. Even if you never have an accepted offer, you are essentially getting juice that is just a little more than -105. Despite how new this place is, they appear to be VERY financially secure and SBR gives them a B rating. You will find some very good shops at this exchange, especially in college football, from what I have seen thus far.

5) betcascade.com (-105) - I picked this one up off an ad at Fezziksplace. Judging by the ad, it is for new signups only, and it is something that you take in lieu of a bonus. Their current policy says that you have to specify that you want this at signup, all bets must be placed online, the -105 is no good when the game has off odds (i.e., if a side is listed at -115 on one side/-105 on the other in football or basketball), and I think I was also told no bets higher than $1000.

6) iisportsbook.com (-107) - I think these guys are associated with skybook, who is rated a B+ by SBR.

There are some other books that are currently dealing reduced juice that are not as reputable as the rest, but haven't had many, if any, major complaints about them. A couple of these places are relatively new. Again, always keep up with who is good and who isn't at SBR.

1) megasb.com (-104) - From what I have read, they are a Pinnacle "clone," meaning tht they stick with the lines that Pinnacle has posted, but they are NOT associated with Pinnacle. This likely means that you won't find any good shops here, but -104 is better than -105. They currently get a C at SBR. There is NO information on them there.

2) Guardian (-105) - This book has been around for a good while. They offer a "-105 club". This club is something that you can take in lieu of a bonus. You may only bet up to $500 when laying -105. I also think you have to make all plays online, but I might be wrong. Just contact the book by phone or email for details.

3) betbbb.com (-107) - This is a VERY new book. They appear to be associated with Heritage in some way. However, from what I have read, they do not appear to be financially backed by Heritage. In addition to the -107 juice, they also offer very good parlay and teaser odds. 14:5 on 2 team parlays, 6.5:1 on 3 team parlays, and even money on 2-team 6-point teasers. SBR says that they giving them an initial rating of C+, and that they will be completing a more thorough review of their stability.

4) betwsc.com (-107 on NFL and NBA) - I had never read about these guys before today. They are not listed at SBR from what I can see. If anybody has info on them, I would appreciate it.

Again, between these reduced juice books and line shopping between them, you should be looking at having to defeat a negligible to non-existant and possibly scalpable edge.

08-17-2005, 08:38 AM
I use Pinnacle and Tradesports.

MasterShakes
08-17-2005, 10:27 AM
You can add platinumsb.com to the list of shady sportsbooks. They offer -105 plus a sign up bonus. They were at one time rated as "F" on SBR. They have managed to climb back to D+ and it's been a significant amount of time since any complaints have been lodged against them. I sent an email to Bill Dozer asking if smaller players would have any reason to worry in going with them. They do seem to be on the comeback after an unfortunate affilation with Apex.

craig r
08-18-2005, 01:06 AM
Why would you use reduced juice books? I mean, why even have more than one sportsbook. So, what if you can get a half point here and there? This isn't about winning. This is about gambling. I mean is there really that big of a difference between 3.5-110 and 3 -110? Duh, obviously not.

craig

MasterShakes
08-18-2005, 02:39 AM
[ QUOTE ]
Why would you use reduced juice books? I mean, why even have more than one sportsbook. So, what if you can get a half point here and there? This isn't about winning. This is about gambling. I mean is there really that big of a difference between 3.5-110 and 3 -110? Duh, obviously not.

craig

[/ QUOTE ]

Hey bud... get out of my thread. If you don't know the value of getting that reduced juice and extra points then... oh wait... it's you craig... good one. /images/graemlins/tongue.gif

DeucesUp
08-18-2005, 03:44 AM
Mastershakes, nice post, thanks for compiling a list of books offering reduced juice. Very useful for a newb trying to decide where to sign-up.

I'm curious about a statement you made:

[ QUOTE ]
The importance of not giving up this juice cannot be overstated. Over the long haul, it is certainly better than a bonus that you have to clear at -110.

[/ QUOTE ]

What's the rationale behind this statement? Because at first glance, the bonuses seem to be a better deal. A 10% bonus w/ 3x (deposit+bonus) wager requirement seems very common. And this decreases the HA by about 3%. A 20% w/ 3x WR reduces HA by about 5.5%

A -107 line is about 1.3% better thn a -110 line and a -105 line is about 2% better.


Do you feel the lower juice is better because bonuses run out? -- because it seems some books have on-going 10% 3x redeposit bonuses. Or because the limits on bonuses are too small? Is it too hard manage accounts such that you're always working on clearing a bonus? Something else I'm missing?

I'm just asking because I'm planning on signing up at a few sportsbooks and if there's a choice between bonuses or lower juice, I don't want to miss out on the best deal in the long run (something I did in poker, missing out on rakeback deals at many of the poker rooms).

Is there anything else someone establishing new account should be aware of? --For example do sportbooks have the equivalent of affiliates and rakeback? I've never heard of it, but wanted to check.

Thanks.

craig r
08-18-2005, 03:50 AM
[ QUOTE ]
or example do sportbooks have the equivalent of affiliates and rakeback? I've never heard of it, but wanted to check

[/ QUOTE ]

Ummmm...some sites will give back a % of losses. And if you are a sportsbook affiliate you do get a % of a players net loss. But, it isn't for each individual player, so there is no way to guarantee that you will receive some of your losses back from your affiliate. For example, lets say Bodog gives me 30% of the net losses from people I send to them. Well, most do lose. But, lets say you lose 10K (making me 3333), but another guy wins 20K..this would now mean I am owed -3333. So, there would be no way for me to pay you. I really wanted to do something like this; i.e. "rakeback" for sports losses. But, it isn't possible. But, you can sometimes make your friends money. Like, for example, since Shakes has helped you out, you can signup for books through him so he can get a referral fee. (or me as well /images/graemlins/smile.gif ). Sometimes people on here will do this with me and I will split it. So that is a little extra cash. Also, I might as well "plug" Sublime here as well. He is a member of so many books, so he can usually help with referrals. And can be trusted to split it with you.

craig

MasterShakes
08-18-2005, 12:11 PM
That's exactly it - bonuses run out. About 4 or 5 years ago, I would have agreed that bonus hunting is worthwhile. Frankly, if you have the kind of bankroll that would allow you to bonus hunt in addition playing at these reduced juice books, that would be great. At a site like BoDog or Bowmans, you get a bonus at -110, and lines are sure to pop up at some point that you can't get elsewhere. It'll just take a long time.

About 4 or 5 years ago there were a bunch of sites offering stuff like 30% and 40% cash bonuses with liberal wagering requirements. Not so now. Notice how the wagering requirements are also set such that if you were to meet them and pick no better than 50/50, you would lose the bonus and then some.

The sports gambler's time is better spent concentrating on finding +EV bets.

Again, if you have the bankroll to get bonuses at BoDog and Bowmans, definitely do it, but only do it if you can do it in addition to having these other books I mention.

craig r
08-18-2005, 12:30 PM
[ QUOTE ]
That's exactly it - bonuses run out. About 4 or 5 years ago, I would have agreed that bonus hunting is worthwhile. Frankly, if you have the kind of bankroll that would allow you to bonus hunt in addition playing at these reduced juice books, that would be great. At a site like BoDog or Bowmans, you get a bonus at -110, and lines are sure to pop up at some point that you can't get elsewhere. It'll just take a long time.

About 4 or 5 years ago there were a bunch of sites offering stuff like 30% and 40% cash bonuses with liberal wagering requirements. Not so now. Notice how the wagering requirements are also set such that if you were to meet them and pick no better than 50/50, you would lose the bonus and then some.

The sports gambler's time is better spent concentrating on finding +EV bets.

Again, if you have the bankroll to get bonuses at BoDog and Bowmans, definitely do it, but only do it if you can do it in addition to having these other books I mention.

[/ QUOTE ]

I agree with all of what you said except the part about Bodog (and somewhat Bowmans). Bodog has a 20% bonus with only 3X rollover. Add in their lines (you know what I am talking about) and they are very profitable. Especially for the smaller bettors. The problem is, that if this guy is betting w/ the public he is definitely getting bad lines.

craig