Posted:
#1
for every game
0
IS THERE A WAY TO TELL what side vegas is on
vegas
Posted:
#10
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
0
Posted:
#11
CalifDreamin That's not enough money for Vegas man. They still have to go on and rig games because they want MORE.
0
Posted:
#12
Quote Originally Posted by MrDegenerate:
CalifDreamin That's not enough money for Vegas man. They still have to go on and rig games because they want MORE.
CalifDreamin That's not enough money for Vegas man. They still have to go on and rig games because they want MORE.
0
Posted:
#13
Quote Originally Posted by MrDegenerate:
CalifDreamin That's not enough money for Vegas man. They still have to go on and rig games because they want MORE.
CalifDreamin That's not enough money for Vegas man. They still have to go on and rig games because they want MORE.
they are people like us..greedy..= they want more..they fix games..
0
Posted:
#15
Quote Originally Posted by CalifDreamin:
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
Very nice write up. But instead of wasting 2 minutes of your life all you really need to say is that the Vegas strip wasn't built on winners.
0
Posted:
#18
Quote Originally Posted by MikeMed:
Vegas could care less what side their on anyway, they dont like to gamble. They move that line to try to get the public as close as 50/50 as possible. They will take their 10% juice( millions per game and are happy with that.
Vegas could care less what side their on anyway, they dont like to gamble. They move that line to try to get the public as close as 50/50 as possible. They will take their 10% juice( millions per game and are happy with that.
That right there is the anwser. These damn threads keep popping up and people just dont seem to get it. Vegas makes money on the juice.
0
Posted:
#19
Quote Originally Posted by MrDegenerate:
Do you really think those shiny buildings they have along with the billion locked up in cash come from peanut-percentages?
Do you really think those shiny buildings they have along with the billion locked up in cash come from peanut-percentages?
Those shiny new buildings are built from massive slots and table games!!Only a small percentage comes from sports betting like 2 %!!
0
Posted:
#23
Quote Originally Posted by zmoneymaker:
i was at bellaio once a guy was playing 5000 a number in craps and losing
i was at bellaio once a guy was playing 5000 a number in craps and losing
Yup stay there every year for superbowl and have seen a ton $$$$ bet!Watched Ivey get a Million dollar marker and play 25k on the pass with 100k odds and 25k on the numbers.Sammy Farha play blackjack 5k a hand!!Its unreal!!
0
Posted:
#25
Quote Originally Posted by CalifDreamin:
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
Heres the thing zmoneymaker. Mikemed is right pretty much because they just want even action but even when they dont get even action theyre not too terribly concernced and heres why.
First off, youre laying -110 on every bet in vegas (for the most part). So vegas is basically getting +110 odds on every bet they take. Think how much better your bottom line would be if you got +110 on every wager, now a 50% win rate is kicking ass!!
Lopsided games arent a big concern really either. Say a sportsbook has $100,000 in bets on team A and only $50,000 on team B. Problem for them right? Well not really, if team A wins they pay $100,000 to the winners and collect $55,000 from the losers, a loss of $45,000. If team B wins they collect $110,000 from the losers and pay $50,000 to the winners, a $60,000 profit. So their options are a $60,000 profit or a $45,000 loss. Pretty damn good odds for a straight bet!! Thats basically +133 on a straight bet!! Hardly a bad position to be in, they only have to win 42.9% of those games to break even, meaning the players have to win 57.1%. Noone hits 57% longterm, noone.
Yeah they have bad days, weeks, and months but at those odds the books will always make money
Nice explanation but Vegas takes vig on both sides, not just one side.
0
Hot Forum Topics
