“My usual bet size is this, so I’m betting to win this because of the odds.”īetting to risk is different. If you bet on a +200 underdog, you are likely to bet $5 to win $10.Ī lot of people fall into the “bet to win” category.īetting to win is more of a hard-line stance. Let’s say you are a $10 bettor like the above example. When it comes to underdogs, if you are betting to win one unit, your bet size will reflect that as well.

You can do that with any level of vig out there. A vig of -125 would simply mean betting $125 to win $100. We’re using round numbers to make the math simpler. Most people will bet to win one unit simply because it makes it easier. The sportsbooks would “hold” $100 in that scenario. The total amount of money wagered on both sides is $1,100, but the sportsbook is only going to pay back winnings of $1,000 because of the -110 vig. Then 100 people bet $11 to win $10 on the other side of a game. Let’s say 100 people bet $11 to win $10 on one side of a game. If 100 people bet one side at even money and 100 people bet the other side at even money, the sportsbooks would not make any money and businesses don’t stay open if they aren’t making any money. The -110 is what creates the hold for the sportsbook.

When you bet to win, your Wager Risk is higher based on Vig If you are a $20 bettor, that would mean betting $22 to win $20. If you are a $100 bettor, that would mean betting $110 to win $100. Using the bet to win concept, you would bet your unit size plus 10% in order to win one unit. In simplified terms, this is the “house edge” with betting. The standard vigorish, or “juice”, on a bet is -110. It doesn’t matter what size your traditional bet amount is because you’re going to be left with this same decision whether a dime means $10 for you or $10,000 for you.īetting to win is the way that most people do it. Some bettors may bet $10 or $20 on a game and there are other bettors out there that move large sums of money like $10,000 or $20,000 per game.

In a general sense, the box that you fill in is the determining factor in whether you are a bet to win or bet to risk player.Įvery bettor has a different unit size based on his or her bankroll. One is the Risk Amount and one is the Win Amount. When you bet at online sportsbooks, you select the game that you want and then have two empty boxes.

What does a dime mean in gambling