I've been reading the forums..
What is "Juice" ???
What is "Juice" ???
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Juice is also called "vig"
If you look at baseball, you may see a team favored by -160
The -160 is the " juice"
That is, if you bet the favorite trying to win 100 bucks, you have to risk $ 160 to win that 100 bucks
-160 team wins, you win 100
-160 team loses, you lose 160 bucks
In sports with pointspreads, most often the juice is -110 on both sides
What that allows a bookmaker to do is balance his books and he is guaranteed a profit.
( If he has 10,000 on team A, and 10,000 on team B, whichever team loses his players will lose a total of 11,000 ( 10,000 = 10% juice )Comment -
So is there no juice when you bet moneylines?Comment -
The juice is built in
Tomorrow you may see a -160 favorite
If you play the dog, you may only get +140 in return
Thats called a "20 cent line "
You either risk 160 to win 100 on the favorite,
Or risk 100 to win 140 on the dog....
So it is actually like 20% juiceComment -
You will see some offshores that offer 5% juice or other enticements
Shopping for low juice and good lines helps alot when gambling
5 dimes is a great offshore for lower juice, I also like bodog because I play a lot of dogs, and their lines are usually higher for tge favoritesComment