Fee/Rake question
 

Hi, I am new to sports betting. I was just curious I noticed when I make wagers, sometimes you can bet, for instance $12 to win $10, but sometimes it's 10 to win 10 or even 10 to win 12. It seems a lot of the picks I see lean toward wagers that require you to wager a bit more than you are hoping to win (bet $12 to win $10). Is this pretty uniform across all wager sites, or are there some with lower 'rakes' or whatever it may be called. For ex: one place has $12 to win $10 and another has $11 to win $10, but with the same line and everything.

Re: Fee/Rake question
 

Yeah that is the vig/juice, whatever you want to call it and it is somewhat similar to a rake in poker. It's basically the transaction cost for them booking your action.

A place that has -120 both ways has 20 cent lines. In other words, it's going to cost you 20 cents out of every dollar to make a straight up bet. That is a bad bookmaker, and I would avoid that. A place that has -115 both ways has 15 cent lines, and -110 both ways is 10 cent lines. 10 cent is about as good as you are going to get right now, unless you want to move to an exchange such as Matchbook.

If one side of a bet is -120 (12 to win 10) and another side is +100 (10 to win 10), that probably means that they are taking more action on the -120 side and want to entice action on the opposite side (not necessarily the case, but as a beginner just assume it is) in order the balance their book.

A lot of this information can be found on Google and/or Wikipedia.

Re: Fee/Rake question
 

If you're new to sports betting, the best place to start is reading through this forum's FAQ:

http://performify.com/FAQ.gif

Re: Fee/Rake question
 

Ty, I will before posting any new threads. Just curious, is WSEX considered a good or bad place to wager?

Re: Fee/Rake question