Subscription model with +100 instead of -110 for sportsbooks.....could it work?

[stormtrooper8]

I was talking about this with a degenerate buddy a couple of days ago.

I imagine prices will get cheaper over time anyway, but I wonder if it'd be a good idea to create a sportsbook that operated with a monthly subscription model as opposed to pricing things at or around -110 for standards lines, totals.

Have everything be fairly priced, eliminate juice, and create revenue through subscriptions

I feel like you could attract more serious bettors through this, which may create more liability in terms of actual games, but in that case probably could afford to have a fairly high subscription price

Could it work? I personally would opt for that

 

[BobbyFK]

I think old school guys would stick to the traditional books and might be hesitant to jump on it. But for me I would definitely give it a shot

 

[harpo]

I think its viable but don't see it happening.

 

[stormtrooper8]

I think old school guys would stick to the traditional books and might be hesitant to jump on it. But for me I would definitely give it a shot

Guess it depends on what you mean by old school

Sharp guys who have a little bit of a bankroll I figure would entertain the idea

 

[stormtrooper8]

I think its viable but don't see it happening.

What do you think would prevent it?

 

[Ace7550]

I would be a subscriber. Would be tough to pull off though. Most books currently pay their customers to come play in the form of bonuses. As opposed to charging them a subscription.

 

[stormtrooper8]

I would be a subscriber. Would be tough to pull off though. Most books currently pay their customers to come play in the form of bonuses. As opposed to charging them a subscription.

You gotta think change in dynamic is more than wiped out for serious bettors by the fact that you're eliminating juice

 

[aikman.tr]

Go broke to maintain +100 on both sides especially when lines move. Sharps can set up a middle opportunity on most lines if +ev

Maybe good for football any spread -21.5 or higher as they rarely move more than 3.

Subscription cost would be wildly expensive to keep afloat.

 

[stormtrooper8]

Go broke to maintain +100 on both sides especially when lines move. Sharps can set up a middle opportunity on most lines if +ev

Maybe good for football any spread -21.5 or higher as they rarely move more than 3.

Subscription cost would be wildly expensive to keep afloat.

Lot of workarounds for that I think, though a fair point

 

[jjgold]

-110 Is getting worse not better

un-regulated can only offer tight juice before of very little overhead and good volume

 

[stormtrooper8]

-110 Is getting worse not better

un-regulated can only offer tight juice before of very little overhead and good volume

Over time that will change naturally

 

[aikman.tr]

Like the casinos reducing RTP to under 90% to keep up with inflation. In house slots will be a minimum $1/spin. No more penny, nickle or dime slots.

-125 will be the norm shortly

 

[Wagerallsports]

How would a subscription work?

Would the price vary based on betting-amount scales upon signup?

 

[Tanko]

Go broke to maintain +100 on both sides especially when lines move. Sharps can set up a middle opportunity on most lines if +ev

Maybe good for football any spread -21.5 or higher as they rarely move more than 3.

Subscription cost would be wildly expensive to keep afloat.

This is what I was thinking. Syndicates might arb the hell out of any positions they take. Might be tough for this type of book to survive with only subscription.

Lot of workarounds for that I think, though a fair point

One way to avoid the issue is to base subscription on amount played. Maybe use window of amount bet to set subscription prices. That might offset people trying to game the system too hard.




In general this is an interesting idea for a book. Now you're going to make me think more about how this might play out.

 

[jjgold]

Never would work
Trooper your speciality is seducing women


Let’s move on

 

[stormtrooper8]

Never would work
Trooper your speciality is seducing women


Let’s move on

I think it would

Gotta think like a techie, not like a bookie

 

[aikman.tr]

Subscription book would only be getting fav action as the dogs be bet elsewhere at +moneyline

 

[stormtrooper8]

Subscription book would only be getting fav action as the dogs be bet elsewhere at +moneyline

What?

It wouldn't be +100 for every single wager. It would should be juice-free

So ML could be -150 vs +150, for example

 

[Tanko]

What?

It wouldn't be +100 for every single wager. It would should be juice-free

So ML could be -150 vs +150, for example

ST... You've got me curious.

Is this something someone with a serious balance is considering or possibly an article referring to the
topic? I ask, because depending upon how this is setup, it could be long-term game changing for the industry.

 

[stormtrooper8]

+100 would substitute -110 as the baseline price for spreads/totals

Basically every wager would be juice free