They receive enough money from the juice instead. Remember, established sportsbooks usually don’t want a dog in the fight. If an absurd amount of money is bet on one side of a wager, the sportsbook will most likely adjust the line to entice more people to bet on the other side. Many times, changing the juice is a signal that the line could soon change.įor new bettors, it can help to think of it in this way. If the money on a line is starting to get a little dicey for a sportsbook, changing the juice can be an easy way to ensure they will bring home more of a profit, without changing the entire line just yet. Why do sportsbooks sometimes change it? Adjusting juice can be a precursor to changing the actual line of a game. To people new to sports betting, this can be a confusing thing. Plug the numbers in, and the juice can be easily found for a bet. In this equation, the p and q a re the decimal p ayouts for each outcome (the x is a multiplication symbol). In fact, the juice percentage can be calculated without even knowing the outcome of the event or the money risked. Luckily, for inexperienced sports bettors who do not understand juice as much, it can be easily calculated. Prop bets tend to have even more juice attached, with either side of a player prop sitting at -115 or even -120 depending on the sportsbook. The sportsbook has a chance to take home an even higher cut at -115/-110, and it could go on down the road like this forever. The further the juice gets away from even, the higher the juice gets.įor example, the sportsbook will automatically take a higher cut of a -110/-110 bet than the EVEN bet. Experienced bettors know that an EVEN bet would be a bet with no juice. Imagine this over the course of the year, with every bet that’s ever placed through the sportsbook, and the profits add up quickly!įirst and foremost, juice can be easily observed by the naked eye after becoming aware of what it is. Why? Because a $10 bet at -110 will only net the bettor a $9.10 profit while risking $10. No matter what the outcomes of the bets are, the sportsbook still wins.

Take a line of -110 and -110, where two bettors wager $10 each on the opposite two sides. Rather than wanting to chance it for one side win, the sportsbook would rather keep it fairly even and profit regardless. Most sportsbooks that are well established do not want to have a vested interest in the outcome of a game. In sports betting, the less juice, the better!Ĭheck out all of our articles on sports betting strategy & advice > Really quickly here, it’s easy to see why bettors don’t want the juice! The higher the cut that the sportsbooks take, the more bettors have to wager to win profit. Sportsbooks use juice to ensure they make money on a bet, regardless of the outcome. Juice, or vig, in sports betting, is the cut or amount charged by a sportsbook or bookie for taking a bet from a gambler.

No juice moneyline