What is vigorish?

Gary

Member
I know a lot of members here are already well aware of this, but for the beginners like me I always hear this term which is not really very common for me.
 

Wagerallsports

Moderator
Staff member
Vig is what a bookmaker charges a sports bettor for placing his/her wager. It's also called the “juice".

It assures a sportsbook or bookie of making money on a bet.

Example:

Tampa Bay -6.5 -110
Carolina +6.5 -110

The -110 means a bettor has to wager $1.10 for every $1.00 they want to win. If you bet $110 and you win your wager, you’ll receive a profit of $100.

If you lose, obviously you lost $110.

The extra $10 is considered profit for the book.

Vig or juice will vary in numbers, especially with Moneyline bets
 
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