Reduced juice sportsbooks are popular with sports bettors because they provide superior value, cheaper commission rates, and greater openness. As the sports wagering business expands, reduced juice sportsbooks may become even more popular in the coming years.
The best US sportsbooks listed below offer all of the advantages mentioned above when it comes to reduced juice betting. Let’s take a closer look at them:
BetUS offers a number of deposit options, such as credit and debit cards, wire transfers, and cash transfers. The most popular traditional deposit options include Visa, American Express, and Mastercard. However, a number of cryptocurrency deposit methods are also available, including Ethereum, Litecoin, Bitcoin Cash, and Bitcoin.
When it comes to withdrawal methods, cryptocurrencies are processed faster with zero fees and allow you to transact anonymously. Suppose you prefer to stick to traditional withdrawal methods such as electronic wire transfer. That’s also available, and you can reach out to customer service to arrange a payout using this option.
The BetUS sportsbook offers a range of betting markets, such as moneyline bets, totals, and spreads. If you’re looking for player or game props, you need to go into a separate prop section, and while you won’t find a list of alternative totals or spreads, or a same-game parlay builder, you’ll find lots of futures markets. When it comes to niche sports such as cricket, rugby, tennis, and soccer, the list of props is narrow but adequate.
BetUS caters predominantly to American sports fans, so the major sports covered include football, baseball, basketball, UFC, MMA, and ice hockey, among others. Additionally, you can expect to find niche sports wagering options, including winter sports, surfing, snooker, badminton, and cycling.
In addition to sports betting, BetUS also offers a financial section where you can speculate on the price of Ethereum and Bitcoin on specific dates.
Furthermore, the novelty section provides a diverse range of entertainment and sports betting options. Lastly, if you’re interested in politics, BetUS has a dedicated section that focuses on the US elections.
If you have a frequently asked question, you can head over to the BetUS FAQ section and find your answers there. Additionally, like BetOnline, BetUS offers quality customer service via an instant chat facility, as well as a direct phone line and email support desk. Help is also available via each of these channels 24 hours a day, seven days a week. Response times are speedy, and the agents are knowledgeable while providing assistance in a friendly and polite manner.
While Bovada doesn’t offer a large variety of banking options, it does offer a number of quick and reliable payment methods. The deposit options include MasterCard, Amex, Visa, and cryptocurrencies like Bitcoin. Deposit limits also start at only $5 when using Tether, making it one of the best low minimum deposit sportsbooks in the US.
When it comes to withdrawing your winnings, you can select a cashier’s check, which pays out within 15 days, or the Bitcoin option, which is processed within 48 hours without any transaction fees.
In terms of betting options, Bovada excels in comparison to other sportsbooks. It offers over 100 prop bets on any NFL or NBA game, with various alternate totals and spread lines. Additionally, you can make use of the “prop builder” function, allowing you to create even more prop bets. The sportsbook also offers a wealth of betting options on soccer games, as well as an abundance of daily specials and futures. You can even cash in your bets early to guarantee wins or minimize losses, making it one of the best cash out sportsbooks in the US.
The available markets at Bovada Sportsbook are also vast and varied. It offers a wide range of major sports leagues, including football, basketball, baseball, soccer, UFC, and golf. Additionally, you can place wagers on niche or not-so-popular sports such as cricket, cycling, Aussie Rules Football, handball, rugby league, tennis, and winter sports. It also features a comprehensive entertainment segment where you can place wagers on popular award ceremonies like the Oscars.
Bovada has a 24/7 customer support facility in place to help you with all queries and concerns related to wagering on the site. Additionally, you can make use of its toll-free number or email support desk. However, before you try the options mentioned above, it’s recommended that you go through the comprehensive FAQ section, which contains useful answers to the most commonly asked questions. Lastly, Bovada has a forum dedicated to its members where you can interact with fellow site members.
MyBookie has a small selection of payment options to choose from. When funding your account, you can make use of credit cards, person-to-person transfers, and bank wire transfers. Additionally, you can opt for a variety of cryptocurrencies, such as Bitcoin Cash, Bitcoin, Ripple, Litecoin, and more.
When it comes to withdrawals, you may request a payout using the wire transfer option, e-checks, which take 5 to 7 business days to process, or Bitcoin, which is instant.
MyBookie’s choice of sports betting markets is quite limited, considering you can only find 15 prop bets on major upcoming NBA playoff games. Additionally, you will not find alternative totals, spreads, or player props.
However, what it lacks in bet types, it more than makes up for with a strong selection of futures betting options. While most US-based bettors are interested in football, basketball, and baseball, if you want to try something different and delve into the world of soccer, you’ll find 140 prop bets at MyBookie Sportsbook.
When it comes to sports betting options, MyBookie mainly caters to US bettors, so you’ll find all of the major sports leagues like the NFL, NBA, NHL, and MLB here, as well as college basketball and football. Other sports betting options include an esports section dedicated to League of Legends, with no Dota 2 or CS: GO.
There’s also a politics section where you can bet on the US elections. To top it off, there’s an entertainment section and a ‘special wagers’ segment allowing you to speculate on current events, deaths, and divorces taking place in the celebrity world, with a huge focus on the British Royal Family.
MyBookie offers customer service via two channels, 24/7 live chat support, and the email support desk. Additionally, before resorting to the above-mentioned options, you should browse through the FAQ section, which provides a wealth of concise answers to commonly asked questions.
Sportsbooks often collect a commission or fee known as the “vig” or “juice” on each wager placed in traditional betting. This fee, which is normally around 10% of the stake, reveals the sportsbook’s margin of profit.
While prices vary based on the sport and wagering choice, ten-cent pricing (-110) is the most common. So bookmakers give a payout of $100 to the winning party and recover $110 from the losing side for every $110 wager.
Reduced juice, on the other hand, means that the sportsbook decreases the vig, allowing you to place wagers at a lesser cost. For example, a reduced juice sportsbook may charge only 5% on all bets as opposed to 10%, essentially providing you with a discount on your wagers. This may be a significant advantage, as it allows you to either generate larger earnings or reduce losses over time.
Sportsbooks use a method for calculating reduced juice betting lines that takes into account the assumed likelihood of each result as well as the percentage of commission they wish to give. The suggested probability is the possibility of a particular event occurring based on the odds set by the bookmaker. For example, if a team’s winning odds are +150, the implied likelihood of that team winning is 40% (100/(150+100)).
Let’s look at an example of how reduced juice lines are calculated:
Normal line: Team A: -110 Team B: +110
The sportsbook adds a 10% fee to the fair odds to determine the normal line. The reasonable odds in this situation would be -100/+100. When you add a commission of 10% to these odds, you get the standard line of -110/+110.
Reduced juice line: Team A: -105 Team B: +105
The sportsbook may use a reduced commission rate, like 5%, to determine the reduced juice line. The sportsbook would determine the odds using the fair odds of -100/+100 and a commission of 5% as follows:
Team A: -100/(1-0.05) = -105
Team B: +100/(1-0.05) = +105
The reduced juice line provides competitive odds for both sides, with the favorite paying less and the underdog paying more, as demonstrated in this example.
Overall, reduced juice betting lines can be a great way for you to increase your profits over time by taking advantage of lower commission rates. While the differences in odds might seem small, they can add up over time, especially if you bet frequently.
Here’s an example of a reduced juice line compared to a regular sportsbook line:
Regular sportsbook line: Team A: -110 Team B: +110
In the regular sportsbook line, the bettor must risk $110 to win $100 on Team A and can win $110 on a $100 bet on Team B. This line implies a commission rate of 10%, which is the standard commission rate used by most sportsbooks.
Reduced juice line: Team A: -105 Team B: +105
In the reduced juice line, the sportsbook has lowered the commission rate to 5%, which means the bettor can get better odds. The bettor only needs to risk $105 to win $100 on Team A and can win $105 on a $100 bet on Team B. The odds are better for both teams, but especially for Team A, which has become more favorable due to the reduced commission.
However, not all sportsbooks offer low vig lines, and those that do may not always advertise them prominently. Here are a few ways to tell if a sportsbook offers low vig lines:
Many sportsbooks promote their low vig lines as part of their promotions or sports betting bonuses. Check the promotions page of the sportsbook’s website to see if they are currently offering any reduced juice or low vig lines.
You can compare the odds offered by different sportsbooks to see if any of them are offering better value. Low vig lines typically offer odds that are closer to the true odds of an event, meaning the sportsbook is taking less commission. If you see odds that are significantly better than at other sportsbooks, it could be an indication of low vig lines.
Some sportsbooks run ongoing reduced juice programs that offer lower commission rates on certain events or bet types. Check the sportsbook’s website or contact customer support to see if they have any reduced juice programs.
Check online reviews of the sportsbook to see if other bettors have mentioned reduced juice betting lines or reduced juice programs. Usually, online gamblers waste no time pointing out any advantages or disadvantages of a certain sportsbook, so reading reviews can give you a good idea of what to expect.
Overall, finding low vig lines requires research and comparing different sportsbooks. We recommend doing your homework and comparing odds to increase your chances of finding the best value and getting the most out of your bets.
Below, we’ve analyzed the key payment methods available for deposits and withdrawals at reduced juice online sportsbooks. Stay with us to discover the banking method that best suits your needs.
Most reduced juice sportsbooks accept credit and debit cards such as Mastercard, Visa, American Express, and Discover. The benefits of using credit and debit cards to fund your account include low minimum transactions, robust security measures, and instant deposits.
When using the wire transfer option, you need to send money from your bank account to the sportsbook account through a network of international banks. It’s one of the slowest deposit options accepted by reduced juice sportsbooks. And while it’s associated with high fees, it does come with very high maximum transaction limits and added security, making it popular with high rollers.
A wire transfer deposit option at low-juice sportsbooks is a means of funding a sportsbook account via a bank wire transfer. You can use this payment option to deposit cash straight from your bank account to your sportsbook account, eliminating the need for a credit card or other payment provider.
You’ll need to first sign in to your sportsbook profile and then proceed to the cashier page. You should then choose the wire transfer option and follow the sportsbook’s instructions.
The sportsbook will then supply you with the essential wire transfer information, such as the account number, routing number, and any other pertinent information. Complete the wire transfer using the information given.
After the wire transfer is completed, the cash will be deposited to your sportsbook account within a few business days. It should be noted that wire transfer deposits may include costs that vary based on the bank and the sportsbook.
The wire transfer deposit method is a safe and dependable payment option, and it’s ideal if you don’t want to use credit cards.
An electronic funds transfer is a payment processing service like VIP Preferred that lets you transfer money from your bank account to your betting account at reduced juice sportsbooks. It functions as an electronic check and is available to users with US checking accounts.
To make use of this deposit option, you must supply your bank account details and routing number to the sportsbook. The money is subsequently electronically transferred from your bank account to your sports betting account.
One benefit of this deposit option is that it’s safe and simple because it eliminates the need to physically write and mail a check or go through the wire transfer process. Another benefit of using VIP Preferred is that it carries relatively low fees compared to other deposit options, and it has higher deposit limits than some other payment methods, making it ideal for high rollers who want to deposit larger amounts of money.
The P2P transfer payment option offered by many of the reduced juice sportsbooks allows customers to transfer funds directly from one person to another. It’s often referred to as peer-to-peer transfer or P2P transfer.
If you want to make use of this payment option, you’ll first need to create an account with a P2P transfer service provider. Popular options include PayPal and Venmo.
To deposit funds at a reduced juice sportsbook using P2P, you need to follow the instructions provided by the sportsbook operator. The sportsbook will provide the relevant information, such as their phone number and email address, in order for you to transfer the funds to your sportsbook account.
The P2P transfer deposit method is one of the most convenient and fastest deposit options that you can use without the need for a credit card. However, this deposit method is not without its transaction fees, and limits may be imposed on the amount you can transfer each time.
Many reduced juice sportsbooks offer the gift card deposit option. It allows you to fund your sportsbook account using gift cards purchased from various retailers. In order to make use of this deposit option, you need to purchase a gift card from a retailer that is accepted by the sportsbook, such as Mastercard, American Express, or Visa.
Once you’ve purchased the gift card, simply log in to your sportsbook profile, proceed to the cashier’s page, and select the gift card deposit option. You’ll then need to enter the gift card information, including the security code, expiration date, and card number.
There may be usage fees involved for the gift card deposit option; however, it’s a convenient payment method allowing you to fund your account without the need to use your bank account or credit card.
Bitcoin is one of the most popular cryptocurrency deposit methods used at top reduced juice sportsbooks. While it may not be the quickest deposit option, as it takes a few minutes for the funds to appear in your account, it’s still a lot faster than many other deposit options on the market, like bank transfers or e-checks. When it comes to Bitcoin, the deposit limits are quite large, ranging from $20 to $500,000 at some online sportsbooks such as BetOnline.
It’s also one of the most secure ways to fund your account and exclude the middleman. Consequently, Bitcoin is a favored option by reduced juice sportsbooks since it eliminates handling and foreign exchange fees. This is why you’ll notice that many reduced juice sportsbooks offer appealing bonuses for bettors depositing with Bitcoin. When using Bitcoin, your funds are automatically converted to USD, so you don’t need to worry about fluctuations in the value of Bitcoin.
Cryptocurrencies, also known as “altcoins,” have emerged as a popular deposit option for sports betting. All cryptocurrencies, with the exception of Bitcoin, are considered altcoins. They are among the safest and quickest methods of funding your account. When you use cryptocurrency to fund your sportsbook account, the blockchain is updated, and a new passcode is provided to you. Therefore, hackers are unable to steal your code due to this security feature.
Many online sportsbooks now accept Ethereum, Litecoin, and Dash, among other cryptocurrencies. They offer fast payments and often conclude payouts within a few hours. Additionally, cryptocurrencies have zero transaction costs and provide anonymity during transactions, making them an affordable and private deposit method.
Many reduced juice sportsbooks offer welcome bonuses to encourage customers to sign up and make their first deposit. Welcome bonuses are available in various forms, including a no-deposit bonus, a deposit match bonus, or a free bet.
An example of a worthy welcome bonus is the BetOnline 50% sign-up bonus granted when you make your first deposit of up to $1,000. If you want to qualify for this bonus, you need to deposit a minimum of $55, and you’ll receive a 50% bonus on your first qualifying deposit.
You should also note that when claiming a bonus offer, you need to meet the wagering requirements within the specified time to cash out your winnings.
Reload bonuses are offered to returning customers who make subsequent deposits after their first deposit. A reload bonus may come in the form of a free bet or a deposit match bonus.
An example of a notable reload bonus is the 25% reload deposit bonus offered by MyBookie. MyBookie will match 25% of your deposit up to $1,000. This reload bonus is applicable on your second deposit, and as is the case with all bonus offers, there is a wagering requirement that you need to meet within a specific timeframe in order to cash out your winnings.
Many reduced juice sportsbooks offer a refer-a-friend bonus to reward members who refer friends to the site. The way it works is that when your friend signs up and makes their first deposit, you will receive a bonus.
One of the most impressive refer-a-friend bonuses we’ve seen is the referral bonus offered by BetUS. You’ll receive a 300% referral bonus of up to $6,000 after your referral signs up and makes three consecutive deposits.
You’ll obtain a 100% bonus of up to $2000 of your friend’s three initial deposits deposited in your account. The 100% referral bonus is separated into a sportsbook bonus of 50% and a casino bonus valued at 50%.
As is the case with all bonus offers, there are specific terms and conditions that must be met in order for you to qualify for the bonus, so please read the terms and conditions to familiarize yourself with exactly what is required.
Reduced juice sportsbooks offer seasonal bonuses, which come in the form of bonus funds, free bets, or other promotions during major holidays or sporting events. Examples of seasonal bonuses are the ones offered during the:
BetOnline stands out as the best reduced juice online sportsbook for several reasons. Firstly, they offer the best reduced juice betting lines in the sports betting industry, providing better odds, and ultimately increasing your chances of winning. Secondly, BetOnline provides various payment options, including Bitcoin, which offers fast, transaction fee-free, and instant payments.
Furthermore, BetOnline offers reliable customer service, available 24/7 to address any issues or concerns you may have. They also provide an assortment of bonuses and promotions, such as the 50% sign-up bonus of up to $1,000, adding extra value to your betting experience.
With a wide variety of sports and events to choose from, BetOnline offers a comprehensive sportsbook experience, making it the best sports betting app for US bettors. Overall, BetOnline’s competitive odds, diverse payment options, excellent customer service, and generous promotions make it the top choice for anyone looking for a reduced juice sportsbook.
Reduced juice sportsbooks, also known as low vig sportsbooks, are sports betting websites or bookmakers that offer lower commission rates, or “juice,” on the bets placed by their customers. The juice is the percentage that the sportsbook takes from each wager placed, usually around 10% of the bet. For example, if you place a $100 bet with a typical sportsbook, you would only receive a payout of $90 if you win because the sportsbook keeps $10 as the juice.
Online sportsbooks can limit or ban you from engaging in arbitrage betting; however, it does depend on their policies and the circumstances surrounding the wagering activity. To avoid being banned by a sportsbook, you must read and understand the terms of service and policies of the sportsbook. Additionally, you must bet responsibly and within your means while trying to diversify your wagering activities instead of relying solely on arbitrage betting.
Yes, VPNs do work for online sportsbooks. In fact, you can use a reliable and competent VPN service provider to ensure that your connection remains private and secure. However, we advise only to gamble online if it is permitted in your state gambling laws. If a sportsbook is restricted in your state, look for another site rather than using a VPN to bypass the restrictions.
The sportsbook with the lowest vig or less juice is BetOnline. The rates are reasonable and there is a wealth of sports betting options and markets for you to take advantage of.
The advantages of betting with a reduced juice sportsbook include higher payouts, better value, greater flexibility, and reduced risk for bettors.
You can find the best reduced juice sportsbooks by reading reviews, doing research, and comparing the odds and commission rates across different sports betting platforms. Additionally, ensure that they have a solid track record of paying out winnings and providing good customer service.
Reduced juice sports betting options are only available at selected sportsbooks and are typically offered by sports betting platforms that cater to more professional and experienced bettors. However, some sports betting platforms may occasionally offer promotions or reduced juice options for specific games or events to draw in new customers and encourage you to wager.
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