Betting School

What Is Juice in Sports Betting?

Juice, vig, or vigorish — different names for the same thing: the sportsbook's built-in commission on every bet. Understanding how it works is the first step to understanding why most bettors lose long-term.

The Standard -110 Explained

The most common odds format you'll see in US sports betting is -110 on both sides of a point spread or total. Most bettors think this means a roughly even game — but it doesn't mean you're getting fair odds.

At -110, you must bet $110 to win $100 profit. If two bettors each wager $110 on opposite sides, the sportsbook collects $220 and pays out $210 to the winner — keeping $10 regardless of who wins. That's the juice.

-110/-110 market (standard spread or total)

Bettor A: $110 on Team A  |  Bettor B: $110 on Team B

Book collects: $220  |  Pays winner: $210  |  Book keeps: $10

Book's margin: $10/$220 = 4.55% on every dollar wagered

How to Calculate the Vig

Step 1: Convert each side to implied probability Positive: Implied % = 100 / (Odds + 100) Negative: Implied % = |Odds| / (|Odds| + 100) Step 2: Sum the implied probabilities Overround = (Prob₁ + Prob₂ − 1) × 100 Step 3: Calculate true vig % Vig = Overround / (1 + Overround/100)

-110/-110 line:

Each side: |−110| / (110 + 100) = 52.38%

Total: 52.38% + 52.38% = 104.76%  |  Overround = 4.76%

Vig ≈ 4.55% — the book earns 4.55 cents per dollar wagered

Vig on Different Bet Types

The standard -110 line carries about 4.55% vig, but this varies significantly by market type:

Sides and totals at major books: typically 4–5%. Moneylines on heavy favorites: often 5–8% because implied probs are harder to read. Player props: 7–12% — books have huge information advantages here. Same-game parlays: 15–25%+ due to correlation mispricing in the book's favor. Parlay legs: each leg compounds the vig, making 5+ leg parlays extremely -EV.

Why Vig Makes Beating the Book Hard

A bettor betting -110 on both sides equally must win 52.38% of bets just to break even. That's the break-even rate after vig. A bettor at 50% accuracy loses money — even though they're right half the time. To profit, you need to exceed the break-even threshold consistently, which requires a genuine edge in predicting outcomes.

Sharp Books vs Recreational Books

Not all sportsbooks charge the same vig. Sharp books like Pinnacle historically run 2–3% margins and take action from winning bettors. Recreational books run 5–7% and limit or ban sharp bettors. Identifying where you get the best line — and the lowest vig — is part of a serious betting strategy.

Sibyl Tracks the Best Lines Across Books

Every pick in the Sibyl dashboard includes the best available price across major sportsbooks — so you always minimize vig while maximizing edge.

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