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What Is the Vig in Betting?

What Is the Vig in Betting?

Every time a game is listed at -110 on both sides, you are looking at the vig, even though nothing on the screen calls it that. It is built into the number rather than added on top, which is why so many bettors never notice it until they add up what it has cost them over a season.

The vig, in plain terms
The vig (short for vigorish, also called juice) is the fee a sportsbook charges for taking your bet, baked right into the odds. On a standard -110 spread, you risk $110 to win $100. That extra $10 of risk is where the book makes its money.

Where the money goes

A sportsbook does not need to pick winners. It earns a small slice of everything bet, whichever side hits. If a true coin flip paid even money (+100 each way), the book would break even on balanced action. Pricing both sides at -110 guarantees it does not.

BETTOR A$110 · -110 BETTOR B$110 · -110 THE BOOK$220collected TO WINNER$210 BOOK KEEPS$10 $10 of $220 handled is a 4.55% hold, whichever side wins
Balanced action on a -110/-110 line. The book does not care who wins.

"Vig" and "juice" mean exactly the same thing. Which word you hear is mostly regional habit.

Why -110 is the standard

-110 is the default price on most point spreads and totals in the U.S. It is not fixed, though. Some books offer reduced juice at -105 or even -102 on certain markets to win volume, while props and futures usually carry a much heavier cut. Here is how much each price actually costs you:

What the juice costs you
Price (both sides)Win rate to break evenBook's holdRisk to win $50
-10250.50%0.98%$51.00
-10551.22%2.38%$52.50
-11052.38%4.55%$55.00
-11553.49%6.52%$57.50
-12054.55%8.33%$60.00
Hold is the share of total money wagered the book expects to keep on balanced action.
Book's hold at each price
-1020.98%
-1052.38%
-110 (standard)4.55%
-1156.52%
-1208.33%

How to see the vig yourself

1
Convert each side to implied probability
-110 works out to 110 / 210, or about 52.38%.
2
Add both sides together
52.38% + 52.38% = 104.76%, not 100%.
3
The extra is the overround
That 4.76% above 100 is the book's built-in margin. The further prices drift from -110 toward -120, the bigger it gets.

The cheapest edge in betting

Standard juice
-110
•Risk $55 to win $50
•Need to win 52.38% to break even
Reduced juice
-105
✓Risk $52.50 to win the same $50
✓Need to win only 51.22% to break even

Same pick, same result needed, smaller cut to the house. Shopping for a better price on bets you were already going to make is one of the simplest ways to improve your long-run results without changing a single pick. Our sportsbook reviews are a good place to start.

Vig questions

What is the vig in betting?
It is the fee a sportsbook builds into its odds for taking a bet. It is easiest to see on standard -110/-110 spreads and totals, where you risk more than you stand to win.
Is vig the same as juice?
Yes. Both words describe the same built-in margin.
Can you avoid paying the vig?
Not entirely, but you can pay less of it by comparing prices across books and using reduced-juice offers when they are available.
Why do sportsbooks charge vig?
It is how a book earns money on games where it takes bets on both sides. Without it, balanced action would leave the book at break-even no matter who won.
We factor in the price, not just the side
Every GSP pick accounts for the number and the juice attached to it. You only pay when a pick wins.

Sports betting involves risk and is intended for entertainment purposes for adults 21 and older. Please bet responsibly. If you or someone you know has a gambling problem, call 1-800-GAMBLER.

What Is the Vig in Betting? (Vig vs. Juice Explained) | Guaranteed Sport Picks