PLAIN ENGLISH
What does Juice / Vig mean?
Juice, or vig, is the margin embedded in betting odds. It is the reason two opposite sides of a market can both be priced worse than even money.
IN THE WILD
How people use it
Used in sportsbooks, betting communities and gambling discussion.
EXAMPLE“At -110 both ways, you are paying juice.”
ALSO USED AS
juice · vig · vigorish