What does this mean?
2006-10-12 05:40:51 · 3 answers · asked by OTG42 1 in Games & Recreation ➔ Gambling
It requires $120 to win $100 rather than the traditional $110 to win $100. In other words, the side is favored more heavily than normal. Bookies do this when one side is receiving more bets, but they don't want to move the game off of a critical number, such as -3 in football.
This difference is not trivial. Where the normal juice requries a winning percentage of 52.39% to break even, at -120 you would have to win 54.54% of the time, or 2 more games per 100.
It also represents a payback of only 83.33% rather than the traditional 90.9%.
2006-10-12 06:15:57 · answer #1 · answered by thehiddenangle 3 · 1⤊ 0⤋
That means you have to bet 120 dollars to win 100.
2006-10-12 12:49:03 · answer #2 · answered by messtograves 5 · 0⤊ 0⤋
If your a big better you would have to lay out $1200.00 to win $1000.00 on your game. Good Luck!
2006-10-13 05:45:09 · answer #3 · answered by Jim M 2 · 0⤊ 0⤋