Welcome Guest
Sign In | Register

They make money off the "juice". That's either included

Posted on: March 4, 2021 at 11:39:18 CT
kmawv8 MU
Posts:
90701
Member For:
15.43 yrs
Level:
User
M.O.B. Votes:
0
in the payout (-110) on straight 50/50 bets or it's built into the odds on parlays, as you say. So essentially if everything is 50/50 on wins and losses, which is what they strive for, they make 10% on every bet made.

That's a lot of cash to go around.
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

I can't believe sports betting is going to pass in kansas - kmawv8 MU - 3/4 11:12:01
     Casino's have Missouri legislatures in their pocket. - tgr MU - 3/4 11:32:11
          We have a family friend who is a Dem in the MO Senate and - StaleyTiger MU - 3/4 11:42:46
               It will be legal in kansas and up and running by the end of - kmawv8 MU - 3/4 11:45:40
          The Big 5 Casinos in kansas were trying that - kmawv8 MU - 3/4 11:35:31
     Let's ****ing go!(nm) - RBT STL - 3/4 11:28:28
     So are there taxes involved? Or is it just like Vegas where - Carlos Rossi KC - 3/4 11:13:36
          Won't really know until it passes. There are two different - kmawv8 MU - 3/4 11:16:27
               The State replaces the Mob in the equation. - Newcatbirdseat MU - 3/4 11:41:25
               If it is like Vegas than it would be something I would use - Carlos Rossi KC - 3/4 11:18:47
                    You would legally be able to do it online. - kmawv8 MU - 3/4 11:22:23
                         there's also the annual license fees that books have to pay - phrejd MU - 3/4 11:26:38
                         Well - my bookie is my neighbor who has an app set - Carlos Rossi KC - 3/4 11:26:23
                              Sure, but how well do you know this neighbor? - kmawv8 MU - 3/4 11:37:22
                         here is a good site on the taxation by state - meatiger MU - 3/4 11:24:46
                              Delaware and NH are 50% of revenue - meatiger MU - 3/4 11:26:49
                                   It doesn't take a lot of employees to run a big time - kmawv8 MU - 3/4 11:41:46
                                   let me introduce the degenerate gamblers of tigerboard (nm) - phrejd MU - 3/4 11:28:20
                                        My assumption is most picks are 50/50 ish - meatiger MU - 3/4 11:30:48
                                             They make money off the "juice". That's either included - kmawv8 MU - 3/4 11:39:18
                                                  If I read the taxes right - meatiger MU - 3/4 12:02:21
                                                       bets aren't revenue. what they make off the bets is revenue(nm) - phrejd MU - 3/4 12:30:26
     Can't wait to go to the Isle of Capri sports book (nm) - Sal CMSU - 3/4 11:13:29
          That's in Missouri. - kmawv8 MU - 3/4 11:16:48
               I know (nm) - Sal CMSU - 3/4 11:19:29
               and it's now called Casino KC (nm) - kmawv8 MU - 3/4 11:17:19
                    did it actually get remodeled or just renamed? - Sal CMSU - 3/4 11:29:38
                         They were bought out, I believe. - kmawv8 MU - 3/4 11:42:25
                    technically north waldo (nm) - phrejd MU - 3/4 11:18:21
                         If you're autardistic (nm) - kmawv8 MU - 3/4 11:18:43
                              your face is (nm) - phrejd MU - 3/4 11:20:46
                                   TAKE IT BACK (nm) - kmawv8 MU - 3/4 11:23:45
          The Isle of Debris sports book during March Madness... - Carlos Rossi KC - 3/4 11:15:12
     Two things I don't get that are slow to pass - meatiger MU - 3/4 11:13:22
          you dont understand the opposition to legal weed? - colonel angus beef KC - 3/4 11:30:53




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard