seriously though, what is the deal with all the 9/10 odds? where do you get them from? im not trying to be awkward, and i know you dont come up with the odds yourself, so its not your fault, but it seems a bit pointless if both outcomes on every event have the same odds.
What is Juice or Vig or Vigorish - Juice or Vig Explained Definition
What is Juice or Vigorish or Vig?
The term “Juice” is actually a slang term for Vigorish or “Vig”. In sports gambling is the amount of money or commission a sports book receives for taking your bet.
Most of the time, the sports books takes a 10% cut for the amount of each wager, but the juice amount can vary from book to book and from sport to sport. For instance, most online sports book use 20% vig or juice for Baseball commission.
The sports book only collects the juice if the bet is lost. Conversely, juice is not paid to players on winning bets.
Example:
Paul bets $100 on the Cowboys. If the Cowboys lose, the Paul owes the sports books $110, because he must pay the “juice” of 10%.