Saturday, November 15, 2008

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.

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