The vigorish is how sportsbooks earn money. LetвЂ™s assume balanced (the exact same quantity of) action on both edges of a event that is sporting. The book has two wagers, one for every single group. Each bettor would like to win $100, so they really have actually both bet $110. Two wagers of $110 means the guide has used $220. Whichever part wins the overall game, the written guide will shell out the initial $110 bet, plus $100 in winnings, for an overall total of $210 paid. The guide took in $220 and paid $210. That additional ten dollars may be the revenue for the guide. Additionally it is referred to as Juice, or even the Vigorish (Vig).
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