How to bet against the "Spread" - Beginner Level Lesson 1

The basics on how to bet on the spread in sports betting.

Here is the formula to calculate what the breakeven point for the "juice" would be.

The formula for a minus juice (a negative number i.e. -110)

-line/(100-line)

The formula for plus juice (a positive number i.e. +105)

100/(100+line)

In the video, John talks about -110 juice being a 52.4% breakeven point.
-(-110)/(100-(-110))
110/210=52.4%

For +105 juice
100/(105+100)
100/205 = 48.8%

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