Online gaming site sees a month over month increase as bettors flock to their “reduced juice” business model
Online PR News – 05-July-2012 –Noted online gaming site LowVig.com, (www.lowvig.com) has seen a significant increase in new signups in June over May, which the site puts down to its value proposition.
A LowVig spokesperson says “We are obviously very pleased with the progressive increase in our new player numbers. Given we don’t do any advertising, as we pass all the value directly to our players, the increased number of new players, can only be attributed to organic growth via word of mouth, as more and more online gamblers are discovering the value of lower “vig,” rather than deposit bonuses given by our competitors.”
LowVig offers a business model based on “reduced juice” or “vig” on every sporting event which saves their clients up to 50% in wagering costs based on their “Simply Better Value” guarantee.
How it works is that if a player wants to win $1,000 on a particular event, they'd have to risk $1,100 at the typical -110 juice sportsbook. At LowVig.com, they'd get a $50 discount, only having to lay $1050 at -105 lines.
Multiply that figure by the number of wagers a typical bettor makes during the course of a football, basketball or baseball season and the savings are pretty substantial.
Even more impressive is LowVig has MLB dime lines up to -199, as well as 16-cent run-lines and totals.
LowVig’s “Simply Better Value” guarantee doesn’t end in their sportsbook.
Members also receive a daily rebate, paid in cash on their casino and horse action. Additionally, LowVig poker players earn poker rakeback on all of their action; again, paid daily in cash.
LowVig created an educational video which fully explains how their model saves their clients money on every wager, which can be seen here: http://www.youtube.com/watch?v=nlmruaIfWa8
All wagering enthusiasts looking for better value for their betting dollars are urged to check out and see what odds are currently offered on all major sporting events directly on their site at www.lowvig.com and clicking on the particular event of interest in the left side menu.
LowVig officially launched in 2011, with a ‘Simply Better Value’ guarantee expressed through “reduced juice” sports betting, horse rebates, poker rakeback and casino play rebates paid every day. The cost saving guarantee is made possible because LowVig prefers to return as much value possible to each individual bettor via the rebate and reduced juice model rather than through lower ROI methods of; expensive advertising campaigns, affiliate deals, or costly promotions, thereby preferring organic growth through word of mouth advertising from their rapidly increasing client base.