What is Juice or Vigorish or Vig?

The term “Juice” is actually a slang term for Vigorish or “Vig”. In sports gambling is the amount of money or commission a sports book receives for taking your bet.

Most of the time, the sports books takes a 10% cut for the amount of each wager, but the juice amount can vary from book to book and from sport to sport. For instance, most online sports book use 20% vig or juice for Baseball commission.

The sports book only collects the juice if the bet is lost. Conversely, juice is not paid to players on winning bets.

Example:

Paul bets $100 on the Cowboys. If the Cowboys lose, the Paul owes the sports books $110, because he must pay the “juice” of 10%.

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Are you new to Sports Betting? If you are or, if you just want to try betting an unfamiliar sport, here are some guides to help you out!

How to Bet Baseball

How to Bet Basketball

How to Bet Golf

How to Bet NASCAR

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