Often times, you will find the same line at a different sportsbook for (-110), thus saving you your 10 percent. For example, some squares will place a bet on the Chargers at +3 (-120) without even thinking to look around for a better price.

Since betting the point spread is the most popular way to be football, a lot of square bettors don’t consider the price they are paying when placing a bet. The “dime line” is the most common price for point spread bets, but it is not the only line available.

The best part is, sportsbooks often don’t care which team covered the spread. This means that the extra $10 is the commission the books make for facilitating the bets. Winning betters will get $100 as the profit each time they make a $110 bet. For example, the losing bettors will pay $110 each time they want to try and profit 100. If they are successful in doing so, the book will make a profit without any risk because of the 10 percent vig. Sportsbooks rely on their linemakers to set lines that would ideally draw in balanced action on both sides. Since the “dime line” is the most common price for point spread bets, the sportsbooks ability to make money off them are second to none. This means that in order to profit $100, you must bet $110. In other words, every single bet you make that has a -110 line, is a “dime line” bet. When you hear someone use the term “dime line” they are referring to any line where the “juice” or “vig” is 10 percent. The line of -110 is what we call a “dime line” a nd is the most common line found while betting the point spread option.ĭoc’s Sports offers MLB expert picks for every game on our baseball predictions page. Don’t be sucked in to betting a -120 line, when there are -110’s available to be had. But in my opinion, the most important rule of bankroll management finding the best lines available. Bankroll management mean several different things including sticking to a standard size bet whether that be $10, $25, or $100 or never play more than two percent of your entire bankroll on any game, unless you are absolutely certain the value is worth the risk. If you want to become a serious handicapper, the very first rule you need to live by is bankroll management.

What does a dime mean in gambling