Quote (Noun @ May 11 2017 07:24pm)
Wtf
Quote (Vilify @ May 11 2017 07:36pm)
I am a little confused by this statement as well.
The vegasinsider does help though ;)
Okay if it's with the spread (for example +5 for the underdog), and you're betting a single bet then the payout is always what you bet.
For example if you put $100 on the Spurs +8.5 tonight if you win you get $100. If you lose you lose $110. That's because there's 10% juice.
Here:
Quote
Vigorish, or simply the vig, also known as juice, under-juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for taking a bet from a gambler. In the United States, it also means the interest on a shark's loan.
If you're talking about money line (ML) then there's different odds. This means you're betting straight up on either the favorite, or the underdog. Tonight for example, since the spread is so large (Spurs +8.5) because Leonard is out, the money line is large.
Tonight you're looking at Spurs +410 or Rockets -560 at the book i'm looking at. Meaning, if you bet $100 on the Spurs to win straight up, you would win $410. If you bet on the Rockets to win straight up and put $100 on it, and if they win then you just win the $100 but if they lose you would lose $410.
Got it?
This post was edited by Sixers on May 11 2017 05:45pm