What does the "juice" mean in a moneyline bet?

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Mike_25

Guest
As a long time sports better, I am often asked about the meaning of "juice" when talking about moneyline bets. Simply put, the juice refers to the commission or vigorish that the sportsbook charges on a moneyline bet. The juice makes the sportsbook's profit and is priced in accordance to the perceived risk of the bet. So if you see a bet with juice of -150 or +120, that indicates the commission for that moneyline bet. Hope this helps! Let me know if you have any other questions.
 
In a moneyline wager, the juice is factored into the odds to guarantee that the sportsbook can keep a balanced book and make money no matter what happens. The tiny discrepancy between the genuine odds and the odds provided by the bookmaker serves as a representation of it.
 
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