What Does Juice Mean In Sports Betting?

Basically, the juice is the commission sportsbooks charge to take a bet. It’s also known as vig.

Juice can also be found on the money line. For instance, if you bet $20 on a team that is a favorite, the sportsbook will pay you $10. But if you bet $10 on an underdog, the sportsbook will only pay you $5.

Juice is also used in futures betting. The math behind juice is fairly simple. The more juice you have, the higher the odds.

Leave a Reply

Your email address will not be published. Required fields are marked *

© Copyright 2022- 2023. Sports Betting Canada | Welcome to Canadian Sports Bet, where we provide unbiased reviews of the top sportsbooks available to Canadian bettors. Our goal is to help you find the best betting sites with strong reputations, security, and reliability. If you have any questions, please don't hesitate to reach out to us for more information. Please play responsibly. If you or someone you know has a gambling problem please call 1-866-531-2600 or visit Connex Ontario. Must be 19+ to participate in sports gambling. Additional T&Cs apply.