When referring to juice in a sportsbook we aren’t talking about the cranberry juice mixed with your vodka. Rather, juice is all about how much the sportsbook charges a bettor to make a bet. As a bettor, you want to minimize your losses and one way to accomplish that is by reducing the juice. This same term is also known as reduced “vig” or vigorish. Even though you may have an understanding of vigorish, the term reducing the juice can still be confusing. Let’s get an understanding, break it down, discuss the pros and cons, and help choose which sportsbook to use.
Picking a Sportsbook with Reduced Juice
Choosing between multiple sportsbooks can be done on the surface, but also requires research. On the surface, you’ll either see bonuses or not. The same goes for daily or weekly promotions.
Research is pivotal in finding reduced juice. Each day there are hundreds of sports with thousands of games being played. Every sportsbook wants to set their lines first to attract bettors.
Given the number of games you can find with different lines between the sportsbooks, reduced juice and line shopping go together. Remember, EVEN if it’s $5 that is a HUGE price to pay. Keep the money in your pocket!
The Best Reduced Juice Sportsbooks:
|Sportsbook||Reduced Juice Details||Start Betting|
|5Dimes||5Dimes reduced juice applies to football and basketball include 10 cent moneylines.
When wagering at (-105) odds you are wagering $105 to win $100. This equates to a discount of 50% when compared to standard -110 odds.
|Pinnacle||Pinnacle’s confidence comes from their ability to provide reduced juice betting instead of standard bonus promotions, with a (-105) offering every day.
This will be a huge benefit for those wanting to avail of reduced juice for their high betting limits across all sports.
The best system would be to have accounts across several sportsbooks. This will allow you to take advantage of attractive special bonuses and reduced juice odds. Sports betting is no different than other industries in that scenarios, strategies, and circumstances change so allowing yourself to be flexible can aide in your survival.
What Is Reduced Juice?
The juice is a term that describes the commission charged by the sportsbook on a bet. So naturally, we would want to drive that commission cost down, hence reduced juice. A bettor wants to profit a minimum of $100 for every $100 bet placed. A goal of the sportsbook is to have the bettor risk more than $100 to win $100. This is the juice. Bookmakers want to set the odds as high as possible while still enticing the bettor to place action. Therefore, anytime you can place a bet as close to +100 as possible you have reduced the juice.
How to Identify Reduced Juice
Using a typical NFL Sunday point spread, let’s look at how you find reduced juice.
In this illustration, at Sportsbook A, placing a bet on the Bills for a $100 profit will cost you $110. Whereas, at Sportsbook B, the same profit comes at only a $105 risk to you. By placing your bet at book B you have just saved yourself $5! Congratulations, now you’re betting like a seasoned veteran. In placing the bet at the -105 odds you have reduced the juice since the bookmaker is charging you $5 less. The same logic applies if you were to bet on the Patriots in the example above.
The Pros of Reduced Juice
There are a few reasons why reducing the juice is a required tactic if you want to be a successful long-term bettor. In an industry where the events are essentially a coin flip due to the bookie’s astute point spreads and odds, you need to give yourself any and all advantages possible. Here’s how reducing the juice can benefit your bankroll:
- Minimizing your losses. ALL bettors lose, so if you can save yourself $5 or $10 on each bet this will help your bankroll out tremendously over the long haul.
- Sportsbooks will allow bigger bet sizes. Everyone has those moments when they are really confident in a bet and want to put a little extra behind it.
- Easier to profit. Since your losses are less, betting with reduced juice means you don’t have to be as successful to turn a profit. You can win less often and still be just as successful if not more than someone not betting with reduced juice. Now is a good time for me to remind you that at -110 odds you would need to win 52.3% of your bets to become profitable. Anytime you can get under -110 will go a long way in lowering this percentage.
The Cons of Reduced Juice
Everything in life comes with a downside and reduced juice is no different. Here are a couple of unpleasant experiences when betting with reduced juice:
- Sportsbooks offer fewer free offers & bonuses. Take, for example, a 50% deposit bonus up to $250. That means if you deposit $250, the sportsbook matches that by 50%, meaning you would have a starting bankroll of $375. This might sound enticing but if you’re betting at -115 per say the extra cost of the bet consumes this “free” money pretty fast.
- Sharper lines. The sportsbook offering -105 may actually have the point spread at +2.5 rather than +3 and they’re covering the difference.
- Poor customer service. Because the sportsbooks are making less of a profit, oftentimes they cut costs in other areas of their business. That being said, if the sportsbook is well managed then you will rarely need to interact with customer service so this isn’t a big concern to me. If you contact them just be aware of things like slow response time.
What are Reduced Juice Limits?
The sportsbooks offering reduced juice will increase the wager maximum amount. Since they are charging you less, they attempt to reclaim some winnings by allowing you to bet more. Hoping you place a large bet on a 50/50 event is a happy scenario for the bookie.
Difference Between Reduced Juice and Bonuses
Think of the difference between reduced juice and bonuses in terms of how you want to acquire and spend your bankroll. A bettor using a sportsbook with a bonus system will initially have a larger bankroll. While having such a big bankroll can increase gives you confidence, watching the amount go down faster and faster with each bet will do anything but.
Remembering that the point spread essentially makes the event 50/50 will remind you that there are no guarantees in sports betting. I’d much rather have a smaller starting bankroll and act smarter, saving money on each bet. You’ll find the bonuses are a gimmick and keep you coming back.
Remember Less Juice the Better!
The next time you hear about reducing the juice you won’t be questioning the strength of your cocktail. Choosing which sportsbook to use might require time initially, but in the long run, your bankroll is saved. There is data that shows a successful bettor wins 55% of their bets, so there are a lot of opportunities to limit your losses. Regardless of how frequent you bet reduced juice is always the smart bet.