In sports betting, the vig, or juice is the cut or amount charged by a sportsbook or bookie for taking a bet from a bettor. Sportsbooks use juice to ensure they make money on a bet, regardless of the outcome.
What is the vig in sports betting?
In sports betting, the vig, or juice is the cut or amount charged by a sportsbook or bookie for taking a bet from a bettor. Sportsbooks use juice to ensure they make money on a bet, regardless of the outcome.