the juice of course but lets look at typical situation , will use 100 as wager, easy to work with, and 100 bets per game the book is holding
game one....split 50/50 so at 100 per the book collects 5500 and pays out 5000..nets +500
game two....book is one sided 70/30 and the 70 wins....book pays out 7000 and collects 3300 on losers....net loss -3700
game three....little one sided again but 60/40 and 60 loses....book collects 6600 and pays out 4000 net +2600
on those three games the book collected net 3100 on the two positive results and lost 3700 on game two....net overall loss of 600....not good u say but the point is the book only had net loss of 600 on those games....add it up , the book "won" 140 wagers and "lost " 180....thats a win % of 43.7...140/320.
If a bettor went 140-180 he would lose 180x110=19800 and win 140 x100= 14000....net loss of -5800
over time the book will always come out ahead as you cant compete with that disparity, and many times the book will win the lopsided games where action is heavy on one side....YOU may be the one that overcomes it but that's fine as the book has plenty of fish it will catch
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To remove first post, remove entire topic.
the juice of course but lets look at typical situation , will use 100 as wager, easy to work with, and 100 bets per game the book is holding
game one....split 50/50 so at 100 per the book collects 5500 and pays out 5000..nets +500
game two....book is one sided 70/30 and the 70 wins....book pays out 7000 and collects 3300 on losers....net loss -3700
game three....little one sided again but 60/40 and 60 loses....book collects 6600 and pays out 4000 net +2600
on those three games the book collected net 3100 on the two positive results and lost 3700 on game two....net overall loss of 600....not good u say but the point is the book only had net loss of 600 on those games....add it up , the book "won" 140 wagers and "lost " 180....thats a win % of 43.7...140/320.
If a bettor went 140-180 he would lose 180x110=19800 and win 140 x100= 14000....net loss of -5800
over time the book will always come out ahead as you cant compete with that disparity, and many times the book will win the lopsided games where action is heavy on one side....YOU may be the one that overcomes it but that's fine as the book has plenty of fish it will catch
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