Reduced Juice Sportsbook or Big Bonus Sportbook part 2

Ok, I've been asked to go into more details about the last article I wrote about reduced pricing sportsbooks so instead of just editing it, I just rewrote it for your viewing pleasure.

When it comes to sports betting, players are constantly bombarded with hundreds of e-mails, flyers, mailers and so on from sportsbooks all over the world. Of course, since we are talking about a billion dollar industry with a yearly growth of 6.5% it´s normal that every sportsbook out there wants to get a piece of your action.

The question remains though as to which sportsbook should one choose over another and more specifically, the type of sportsbook which will best fit your sports betting needs.

A sportsbook can pretty much be categorized into two categories.

1. Full Juice (Big Bonus) Sportsbooks
2. Reduced Juice (Discount Pricing) Sportsbooks

The Full Juice Sportsbook is considered the norm and is the most widely used type of sportsbooks out there.

The Reduced Juice Sportsbook also known as a Discount Price Sportsbook has risen in popularity in the past few years because it charges the players less money to place a bet.
Seeing the advantage of a Reduced Juice Sportsbook, why would a player choose a traditional, Full Juice Sportsbook over saving money with a Reduced Juice Sportsbook?

It all depends on the type of bettor you are.

A regular sportsbook will usually offer a 10 cent line meaning that they get charge 10 cents for every dollar a player bets. Since they make more money with each bet, they can afford to give bigger incentives to their players like giving them a big sign up bonus which usually varies from 20% to 100% bonus. These types of bonuses usually attract recreational betters who are just looking to bet on a few games and then take a payout.

A reduced juice sportsbook however will charge the player less for placing a bet with them. For example, sportsbooks have their NFL sides starting at -105 meaning they will charge you 5 cents for every dollar you bet. Since the Reduced Juice Sportsbook makes less money off of a player, it cannot give it big bonuses to attract new players. These types of sportsbooks are best suited for a serious or professional bettor who knows he will bet often and is looking to save money on the long run.

So if you are the type of bettor that will only place 20-30 bets during the NFL season, then you will more than likely choose the bigger bonus because if you win at the end of the season, you will probably end up cashing out more money due to the bonus.

On the other hand, if you have a bettor that places 20-30 bets a week, then this bettor will probably choose to go with the Reduced Juice Sportsbook because in the long run, they will save more money because they get charge less per bet.

So to recap, a Reduced Juice Sportsbook is like the Sam´s Club of sports betting where the more you but the better the value while a Full Juice Sportsbook is the Kroger of sports betting where you get a great deal for your purchase as long as it´s not an everyday item and you get it on sale.

Sportsbook Conspiracy Theory or Just a bad Judgement?

Last Sunday Night´s NFL football game with the Steelers and the Chargers ended up with many angry NFL and and sports betting fans as well.

It was pretty obvious that the Steelers were going to win the game as per the point spread on that game being Steelers at -4 to -5. However, when Troy Polamalu returned an errant lateral 12 yards for an apparent touchdown on the final play and the the play was overturned it destroyed any chance of a bettor winning his bet on the Pittsburgh spread.

I lost money on that game and so did several thousand other bettors. All because of a misinterpreted play.

Sure they was a lot of confusion when the little man in black and white strippes got in huddle in the middle of the field to talk about which play was what. But in the end, sportsbooks ended up winning at least 20 million dollars. People have been killed for a lot less.

Perhaps someone should keep these referrees in check for a few months to see whether their spending habits have changed any.

Reduced Juice Sportsbook or Full Juice Sportsbook?

Recently, I´ve been asked by some people about the difference between a full juice sportsbook, like www.betjamaica.com and a reduced juice sportsbook like www.xsbet.com. So let me explain the difference between the two.

It´s all in the pricing as in how much the sportsbook will charge you to place a bet with them.

A regular sportsbook will usually offer a 10 cent line meaning that they get charge 10 cents for every dollar a player bets.

A reduced juice sportsbook however will charge the player less for placing a bet with them. For example, XSbet.com has its NFL sides starting at -105 meaning they will charge you 5 cents for every dollar you bet.

With this in mind, why would anyone not bet with a reduced juice sportsbook instead of a full juice sportsbook? It all depends on the type of bettor you are. A full juice sportsbook is able to give out bigger deposit bonuses and benefits for using their service because they charge more per bet while a discount price sportsbook is not able to do that because it is already giving you a big discount.

So if you are the type of bettor that will only place 20-30 bets during the NFL season, then they will more than likely choose the bigger bonus because if they win at the end of the season, they will end up cashing out more money due to the bonus.

On the other hand, if you have a bettor that bets 20-30 bets a week year round, then this bettor will probably choose to go with the reduced juice sportsbook because in the long run, they will save more money because they get charge less per bet.

Another way to put it would be to call a Reduced Juice Sportsbook a Sam´s Club and a Full Juice sportsbook a Kroger. You get more for your money.

CONCACAF World Cup Qualifier Update

The World Cup is one of the most prestigious sporting event in the world which will take place in 2010. Right now, teams all over the world are fighting to get a spot in the World cup.

Currently, the teams in the CONCACAF football league which includes the United States are all competing to clinch a spot in their upcoming contest.

The United States are the biggest favorites at a 10:1 odds.

So lets root them on!!!

I also found this website that keeps pretty good articles about football(soccer) called www.xsbet.com where you can also bet there in a betting style called, asian handicap.

That style of betting is not popular in the US due to the sports not being too popular yet but it will probably pick up as more Americans get into the sport of soccer.

2008 olympics

Today is a beautiful sunny day in Costa Rica and I'm looking forward to the Olympics. Especially since my pitiful attempt at understanding soccer didnt work very well I think I'll watch the olympics instead.