SPORTSBOOK
Fundamentals
Fundamentals
Betting on sports is a relatively easy concept.
If you are new to it, the wide range of betting options
can be overwhelming at first. This section is meant to
help the first time sports gambler grasp the basics when
it comes to wagering on sports.
SPORTSBOOK
FUNDAMENTALS There are three kinds of straight bets:
FUNDAMENTALS There are three kinds of straight bets:
All straight bets (except moneylines) work on the 110/100 principle
(except when otherwise noted), which means you must risk $110 for every
$100 you want to win. Another way of looking at it is that you must risk 10%
(commonly called the juice or the vig) of what you want to win. So if you
place a $100 wager, then $110 is taken out of your account-the $100 wager
plus the 10% juice. If the bet is won then the $110 is returned to your
account plus $100 for the wager won. If the bet loses, then the $100 wager
plus the 10% in juice is kept by the house.
