You say that the sportsbook can’t be in the hole overall because they balance the action on both sides of the line. However, don’t they pay you a commission on what your players lose, not just their vig on the bets?
Let’s say I have one player and you have another player under our respective 20% commission accounts. Each bets $1000+$100 on opposite sides of a game.
If my player wins, I’m at negative $220, but you get paid $220 in commissions.
If they cancel my negative, then yes, the sportsbook is in the hole. Right? They made $100 on this bet, yet they paid out $220 in commissions.
You’re right, but that’s not what i want, i want a % of the action, that is how they make money, and since we are partners, i expect to make money the same way, i hope that makes sense
I encourage my players to win and offer tips on how to do just that, if i wanted them to lose, i’d tell them to bet the Buffalo Bills, but then nobody would use my site
It’s a tough situation, unlike poker, where i get a % of the rake, or casinos, where the odds are stacked against the player
The sports affiliates dont want to give you a % of the action, as they should be doing, because they know it is money out of their pocket
If you look at it this way, using your example, and employing the negative carryover
Your player loses the $1100, and you make $220 commission
My player wins the $1000, and i am -$200
What that comes out to is a load of free traffic to the sportsbooks, by using this scheme, since they cover us, ie, your player loses this time but wins next time, and vice versa for me, so the commission is reversed, which is typically the case anyway
Now we have a situation where the sportsbook is paying us nothing, and they do pay us nothing in the long run this way, yet get tons of free traffic from us
We are getting 0% of the juice, which in reality is the only source of money, do you get that part, 0%
Now that is a cleverly disguised scam
Assume your player loses $1000 this month, and mine wins $1000, we have a $200 and a -$200 commission, then the next month is the opposite, so over the course of 2 months, you and i have earned $0 combined, but the sportsbook has made $200 on the juice
So the money we are getting, we are taking from eachother, the sportsbook is not giving us anything
Now assume we get $20 of the juice, as we should be getting, or a % of total action, then we would get $20 each, while the sportsbook keeps $160 for themselves, so we have a $200 profit between the 3 of us, $160 for the book, $20 for me, $20 for you, and nobody gives a damn what team wins what game, and that is proper, what they have set up now is an all out scam
I hope that wasn’t too confusing