Photo credit: Getty Images
Football season is finally here, which means across college football and NFL slates, there’s no shortage of betting options over the next six months.
You’ll likely read a ton of content on which teams and sides to bet on, even starting this Saturday with a handful of college football games, but that’s just one piece of the puzzle. Picking winners is great, but more advanced bettors know they aren’t going to win every bet — and thus, that makes pricing so incredibly important, both in the short-term and long-term.
Pricing refers to the amount you’re paying a sportsbook to take your bet. Industry standard is -110 odds on major markets like spreads and totals (also called over/unders), and that means you’ll have to pay $110 to win $100. That $10 difference is called the “vig” or “juice,” and it’s the tax books take.
_PromoID=[4287]
Of course, that means winning 50% of your bets long-term doesn’t mean you’ll just break even — because of the juice, you’ll actually be down. That’s why advanced bettors “price shop” across sportsbooks, which will offer different numbers and prices.
And at PointsBet for college football Week 0 on Saturday, you can get an incredible deal: +100 (even money) on all spreads.
I know what you might be thinking: How big of a deal is the difference between +100 and -110? On a $10 bet, it’s $1; even on a $100 bet, it’s just $10.
The answer is that the longer you bet, the more important it is — and long-term, it’s one of the most important factors to consider. Take a look at the net profit of a bettor who wins 51% of the time at $100 bets.
Those numbers might shock you, but it shows how important price is! Even on just 100 bets, wagering at +100 would profit $200, while wagering at -110 would lose $290. And the differences grow over a bigger sample size: At 1,000 bets, +100 odds would profit nearly $5,000 more. Yeah, it’s a big deal.
I won’t belabor the point: Pricing is very important, and while pretty much every sportsbook this weekend is going to give you -110, PointsBet is offering +100 on all college football matchups. This is a no-brainer.
_PromoID=[4288]
Here’s how to find the “no-juice spreads”:
- Sign up at PointsBet if you haven’t already
- On the left-hand side, click on “CFB No Juice Lines” on the navigation
- Click on the bet you want and add to your bet slip
That’s it. Good luck in your inaugural 2021-22 CFB season bets!