Ways to calculate the juice for a specific bet

[Mike_25]

What are the best ways to calculate the juice accurately for a particular wager I want to place? In my experience as a sports better, it helps to understand the juice on a bet before placing it so you can identify the true value of the wager and the odds needed to secure a profit. Any tips on the most effective methods would be much appreciated.

 

[Crazy_winner]

Calculate the implied probability from the odds. Compared to the fair market probabilities, compare the implied probabilities. The fair market possibilities would entail the absence of any commission or juice. The difference between implied and fair market probabilities should be calculated. The juice is represented by the differential.

 

[swift]

i think The juice can also be calculated from the implied probability of the odds using the following formula: (1/implied probability) x 100 - 100. For example, if the implied probability of the odds is 60%, the juice would be (1/0.6) x 100 - 100 = 66.67%.

 

[Qwert135]

Other than the implied from it you need to always study that data and recent performances of the players as well which will allow you to make sure that you are always informed by the players and their current performances along with you will be able to make better choices when you are taking part in gambling activities

 

[Huego213]

To calculate juice on a moneyline bet, you need to look at the negatives odds. The negative number represents how much you need to risk to win $100.

 

[Qwert135]

Absolutely right negative bet shows the amount of confidence the book maker have in the choice that you are making and backing up for the event therefore the order applied on this choice are pretty much low indeed actually

 

[Killman2002]

To calculate the juice or vigorish (the profit margin for the sportsbook) for a specific bet, the odds are in American or fractional format, convert them into decimal format by dividing the first number by the second number and adding 1 (e.g., +200 becomes (200/100) + 1 = 3.0).