vig juice sportsbook

Vig Juice 101: What Is It? And Does It Affect Bettors?

7XM vig juice

The vig percentage can vary depending on the market and the bookmaker but typically ranges from 5% to 10%.

While it’s uncommon to negotiate vig juice directly, bettors can shop around for the best odds to minimize its impact.

Online bookmakers often offer lower vig percentages compared to traditional brick-and-mortar establishments due to lower overhead costs.

No, vig juice can vary significantly between different sports and events based on factors such as popularity and betting volume.

While vig juice is generally favorable, it’s essential to consider the overall quality of the odds being offered to ensure a positive expected value.

Key Takeaways


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