Top 25 Weekend Preview: Buying the Hook

Posted by ChalkItUp on September-17-2009 Add Comments

As always, the following is for entertainment purposes only...

Point spreads in sports often appear as -7.5 or -10.5. In these games, Vegas sportsbooks offer an option to shift the point spread a half point. On top of the 10 percent "juice" (making a typical bet cost $110 to win $100), you can pay an additional 10 percent to move the spread a half point in either direction.

When wagering on football, this can be a worthwhile investment under the right circumstances. (Compared to buying "insurance" at the blackjack table, which is for chumps). In fact, moving a three-point line (-3.5 to -3, for example) can make such a difference that it costs an extra 10, for a total of 30, percent.     

I am...

Read Complete Article at Bleacher Report - College Football
Article is property of

Post a Comment

(required. But it will not be published)