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re: LSU a 16 point favorite.
Posted on 9/13/16 at 7:29 am to Nuts4LSU
Posted on 9/13/16 at 7:29 am to Nuts4LSU
quote:
how does moving the line help the bookies?
Bookies keep 10% no matter which way you bet. They are going to keep the "juice" no matter what and that is why they want balanced money on both sides. $1 on both teams and they are happy.
1
Posted on 9/13/16 at 8:50 am to Barneyrb
quote:
Bookies keep 10% no matter which way you bet. They are going to keep the "juice" no matter what and that is why they want balanced money on both sides. $1 on both teams and they are happy.
They only keep the juice if you lose or push your bet. If bets on both teams win (which they can if there's a gap because the line moved), they don't get any juice and they pay out bets on both sides. How does that help them?
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