# What is "juice" in
sports betting | How juice or "vig" works

A recreational bettor will often hear the term "juice" or
"vig" without having nay idea what these terms refer to. In this
short article we will explain the betting term "juice" which is
sometimes referred to as "vig", short from vigorish, although
the latter term is becoming less common. If you have bet on
sports before, there is a good chance you have heard of "juice".
The simplest way of explaining the term "juice" - the percentage
of the bet which the sportsbook takes as profit. For newbie
bettors this may not become clear until we discuss the sports
betting term *juice* a little more and give an
example.

Every sportsbook and bookmaker around
the world is working for profit, this much we don't have to
explain. But in order to make profit easier to achieve, the
sportsbooks came out with the "juice", i.e. a small percentage
of the wagers, which the sportsbook takes as a profit. When
looking at the win-or-lose odds, for example, Boxer1 has odds
-150 to win (favorite) and Boxer2 has +220 odds to win
(underdog), the "juice" is not quite apparent, but instead
already factored into the odds. However, if you know
what is the
over under bet, let's say the over/under bet on a basketball
game is at 193 points. But if you look at such a bet, you will
often see that the odds on both bets ( over and under) are
listed as -110 (although sometimes they may be different). Keep
in mind that the odds makers at the sportsbook will move the
total points up or down and attempt to have equal number of bets
on the Under and Over side of the wager. And you may already be
asking *"If they have equal number of bets on each side, how
do the sportsbooks make money?".* And here comes the "juice".
As you see, each bet will pay out on -110, i.e. for every $110
bet you will win only $100. So the $10 difference is what the
sportsbook makes for operating, i.e. **the juice**. And as
you can see, for the bookmaker to make money from the game, the
outcome of the game matters none, there will always be the
"juice".

Published on
02/26/2009

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