While you become seriously interested in making a profit in sports betting, there are numerous factors you should be aware of. Solid handicapping and research are a given, as is an elementary grasp of discipline and bankroll management.

Most bettors are aware of the pitfalls of poor bankroll management; which is, they realize that betting a high number of their bankroll on one particular game, or chasing losses with larger bets on the next game is just not a prudent thing to do.

Even therefore, there are plenty of sports bettors, even individuals who might qualify as advanced in the majority of areas of skill, who take for granted the importance of the “juice,” or vigorish, online football agent within the sports betting business.

The juice is the fee the sports book charges that essentially puts the odds in their favor against the gamblers. The common fee is 10% or -110; to paraphrase, you have to bet $110 so that you can win $100. If you win, the fee is returned together with the original wager as well as the sum of the win for an overall of $210.

So what is the problem, you ask? Most novice bettors, after they become knowledgeable about this concept, usually not give it much serious thought. They figure since they intend on winning anyway, what is the big deal about the fee they have to pay up front should they intend on getting it back?

The very fact is, the juice makes a significantly bigger difference over the long haul than you might expect. In the short-run, the juice serves as a sort of coverage policy for the sports books that guarantees them a profit no matter the outcome of each game.

Imagine, one example is that you walk up to the counter and place a $110 bet to win $100 on Team A. The customer behind you in line bets $110 to win $100 on Team B. The sports book has now taken $220 worth of wagers on the game and may only have to pay out $210 irrespective of which team wins, guaranteeing the business a $10 profit.

Many bettors mistakenly believe that this profit margin alone is exactly what keeps sports books in business. This isn’t entirely true; however the point spread as well as other odds are set with the hope of drawing “two-way action,” or bets on both teams, the juice is essentially a default position for the sports book.

To put it differently, if they receive exactly 50-50 action on each game both in volumes of wagers and amount wagered, the books will gladly accept the 10 percent profit that comes with this situation.

In contrast, this scenario is far from a common occurrence. More often not, the books are unbalanced on each game, meaning they took more bets on one side than the other. In essence, they’re gambling against the bettors, because they will lose money whenever they side on which they are heavy wins the game. The sports books stay in business because they win more often than they lose in these situations.

So as the juice only accounts for a portion of the profit for a sports book, it’s a significant obstacle that stands between you and long-term success with sports betting.

It is because beating the point spread on a consistent basis is difficult, and simply breaking even is a losing proposition. By way of example, if you bet $110 to win $100 on six different games and went 3-3, you might think you broke even for the day.

Think again. Whenever you placed your bets, you gave the sports book an overall of $660 and, despite winning half of them, you are now only picking up $630 when you cash your tickets.

Over the long haul, these $30 losses add up and, the greater you bet, the more juice you are going to pay. This forces you to win at an increased rate than 50 percent in order to show a profit.

The break-even point for sports bettors whenever you element in the juice becomes 52.5%.

Again, the 2.5% edge the home gets from the juice might not seem like much, but let’s compare this to other gambling games.

A blackjack player who uses correct basic strategy on every hand may anticipate to break even against the house within the long run. A sophisticated card counter may anticipate to achieve a 1-2 percent edge over the home. This seemingly slight edge is sufficient to get card counters banned from the casino as soon as management catches on to them.

So if you bet 100 games against the point spread, you must hit 53 of them as a way to just break even. This really is the equivalent of the sports book taking a three-game lead on you before you bet the next 97.

The goal you need to shoot for is no less than 55 percent, with the hopes of hitting 57 percent or higher over the long haul. With good handicapping and discipline this is possible, but you must always keep the juice element in mind.

You need to count the juice as part of your wager and factor it in as a percentage against your bankroll. As an example, if you bet $110 to win $100 as well as your bankroll is $1,000, you are betting 11 percent of it, not ten percent. As a result of this, it is necessary to understand your bankroll.

Some sports books, particularly of the on-line variety, might offer a weekly special in which the juice is -105 on a particular day or event. This really is something you should take advantage of, when you are receiving a product that’s worth $110 for $105.

Additionally, if sports books are heavy on one side of a game, they might change the juice on each side to generate more action. For example, if a 4-point favorite is heavily bet, they might charge -120 for the favorite and let you take the underdog for even money. If the underdog will be the side you liked to start with, this is a situation you must make use of.