You have probably heard of regular juice betting, where folks will bet on the outcome of a sports game or the performance of a pop artist. But did you know there was such a thing as reduced juice betting?
While the regular form of juice betting is great because at least there is a clear winner, the reduced juice form of betting can also bring some exciting twists.
Let’s examine some of the different forms of reduced juice betting and why you might want to consider trying them out.
Reduced Juice Single Match
Perhaps the most basic form of reduced juice betting is single match betting. Here, you bet on the outcome of a single event. So if you are betting on the Super Bowl, you are actually placing a bet on the outcome of one of the half-hours of the game. Therefore, that particular event will decide the winner of your bet. For instance, if the Patriots win the Super Bowl, you will earn a certain amount of money. But if the Colts win, you will lose your money. It’s as simple as that. To use an American sports analogy, think of it as a pick ’em game. So, if you want to try your hand at single match betting, all you need are two teams and a pair of tickets to the game. You don’t need an entire yard of turf for this game. It’s quite simple.
Reduced Juice Multi-Match
Another interesting twist on reduced juice betting is multi-match betting. In this type of betting, you are placing a bet on the overall outcome of several games. So if you are betting on the World Series, you might wonder whether the outcome of game seven will decide the winner or whether you need to back the Oakland A’s to beat the New York Yankees in game three. Fortunately, there is an answer to this question. If the A’s win game seven, they will win the World Series. If the Yankees win game three, they will win the Series. But if the A’s lose game seven and the Yankees win game three, the Yankees will win the World Series. This type of betting requires a bit more analysis because you are depending on several games to decide the winner. So if you want to try your hand at multi-match, you will need to do some research to find out how the league’s restructure will affect the outcome of your bets. Also, make sure you are aware of any schedule changes that might affect the outcome of your bets. For instance, if the World Series were to be played in October, you would have to factor in the fact that the baseball players might not have had enough time to recover from the rigors of the season. Another thing to keep in mind is that individual game results can vary. So even if you correctly predicted the outcome of each game, you might not end up winning the series because of wild card teams and the like. This factor makes multi-match betting a bit more unpredictable. But if you are looking for a way to make some extra money, it’s definitely an option to consider.
Reduced Juice Fixed Odds
Another interesting twist on reduced juice betting is fixed odds betting. In this type of betting, you are agreeing to accept a certain payout, regardless of whether you win or lose your bet. The amount of the payout is pre-determined, so it doesn’t change regardless of the outcome of the bet. For instance, if you bet $100 on the New York Rangers and the LA Kings make it to the Stanley Cup Finals, you would win $100 regardless of whether the Kings win or lose the series. So, in this case, you are essentially betting on the Kings to make it to the final and winning the bet. The advantage of this type of bet is that you don’t have to research the outcome of the game or wait until the end of the contest to see if you will win or lose. You just need to ensure that the Kings make it to the final and win the bet to get your $100. If you want to try your hand at fixed odds betting, all you need are some hockey fans who want to make a quick buck. Just ensure that you can meet the financial requirements to do business in Canada and that you are prepared to pay out the agreed upon amount should the Kings win the championship. This type of bet can be a bit more expensive, but at least it’s easy enough to understand what you are doing.
Reduced Juice Parlay
Parlay betting is when you place multiple bets on the outcome of a sporting event. In parlays, you are typically placing very small bets on each game. The amount won or lost on each bet is added together to determine your final winnings or losses. So if you are betting on the New York Yankees to win the World Series and the Kansas City Royals to win the AL Wild Card game, you would be placing small bets on each game. For example, you might bet $10 on Kansas City, $20 on the Yankees and $5 on the Atlanta Braves. In this case, your total bet per game would be $25. You would then add up your winnings from all three games and would be given the option of taking a profit or walking away with your original stake. If the Yankees win the World Series, you would win $70; however, if the Royals win the Wild Card game, you would lose your $25 and would have to return $45 to your fellow bettors. It’s all about probabilities and divinations. You might find it difficult to get into the habit of doing extensive research before making a bet, but at least you will know what you are doing. This might not be for the faint of heart, as there is a lot of money to be made and lost on sporting events. So, if you are looking for a way to make a quick buck, you might want to consider parlay betting. Just make sure that you are aware of any restrictions placed on parlay betting by your local government. Some places, such as Nevada, have prohibitions against parlay betting. So make sure you are aware of any such regulations before trying this type of betting.
While there are several interesting variations of reduced juice betting, these are the most popular ones. With careful analysis, preparation and analysis, it’s quite possible to make a reasonable amount of money betting on sports. But if you want to make a quick buck, you might want to try out one of the above variations instead.