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Juice Bet
sports bettingThe "juice" is the commission a sportsbook charges for taking a bet, also known as the "vig" or "vigorish". This fee ensures the sportsbook makes a profit regardless of the outcome and is typically factored into the odds.
Key Takeaways
- 1The "juice" is the commission a sportsbook charges for taking a bet, also known as the "vig" or "vig
Juice Bet
The "juice" is the commission a sportsbook charges for taking a bet, also known as the "vig" or "vigorish". This fee ensures the sportsbook makes a profit regardless of the outcome and is typically factored into the odds.
Example
If you have to bet $110 to win $100, the extra $10 is the juice or vig that the sportsbook collects as their fee.
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