Sports Betting Tip - Churning the Bookies Bankroll

Churning the bankroll is a sports betting term describing the effect of losing your bankroll while winning half your games. Usually that is accounted for by calling it the vig the books charge for taking the bets on a spread. The truth is, you are not paying for the points of a spread. You are betting with a negative return, ie, risking more than you will win, because you are willing to accept it.

If you are willing to accept a bet at -110, that requires you to risk 0 to win , you will churn your bankroll with a 50% win rate. And the vast majority of the sports bettors do that on a regular basis.

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I have no problem with the books for putting up those numbers and taking those bets. With the exception of a few point spreads in the NFL and the NBA that offer the player a small advantage, they make 10% by offering both teams in a 50-50 proposition with the losers paying the winners if all goes well for them.

You can only churn your bankroll winning half your bets if you are betting at a negative return, risking more than you will win on the bet. The only thing I don't understand about that is why anybody would want to do that.

Almost every game has an opportunity to place a bet that returns more than the risk. Some of them pay substantially more. The books make payouts of +200 or more every single day. Your job as a sports bettor is to get on the right side of those games.

Doing that, you can churn the books bankroll instead of the book churning yours. If you place every bet at +150 or more, you need to win 40% of your bets to break even. If you look just a little bit, you will find those payouts on teams that could just as easily have been favored to win your particular bet.

If you want to turn the tables on the books and start churning their bankrolls, you have to change the rules you bet under. Quit betting favorites and spreads. Find high value games by looking at the lines first. Look for payouts of +150 or more. When you find the games, check a few stats and look for any reason your team can not win the bet.

If you win 50% of those bets, the bookies bankroll will churn and yours will grow.

Sports Betting Tip - Churning the Bookies Bankroll

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