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Vigorish Explained
sports bettingVigorish, often called "vig" or "juice", is the commission a bookmaker takes for accepting a bet. It is essentially the bookmaker's profit margin built into the odds, ensuring they make money regardless of the outcome.
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- 1Vigorish, often called "vig" or "juice", is the commission a bookmaker takes for accepting a bet. It
Vigorish Explained
Vigorish, often called "vig" or "juice", is the commission a bookmaker takes for accepting a bet. It is essentially the bookmaker's profit margin built into the odds, ensuring they make money regardless of the outcome.
Example
The odds of -110 on both sides of a point spread bet include the vigorish, which is the bookmaker's fee.