The vig determines how much a customer will earn if you win your bet. This is based on the combined vig of $0.10 for every dollar on the favorite, and $0.10 per dollar on the underdog. What Is The Standard Vig or Juice?Īlso known as the 'juice', the standard vig pricing for spread betting and totals betting is -110 on both sides, which amounts to $0.20. This is their inherent advantage because every wager a sportsbook accepts (even when customers win), it is earning a small amount that coincides with how large a wager is. The vig in betting is the sportsbook way of charging customers for the service they provide. Sportsbooks are a business, and they are a business that provides a service. The vig is the amount a sportsbook operator charges for accepting a wager. The vig in betting is a huge part of that.īoth digitally and at retail locations, each line seen by any customer includes a 'vig' – short for vigorish – for any point spread or totals line.
Sportsbooks, including legal digital sportsbooks appearing in more and more states nationwide, have an inherent advantage for every line they produce for their customers to wager on. It's no secret that the cliché is true, sportsbooks weren't built on winners.
