ParlayMath

What is Vig? Understanding the Bookmaker's Margin

The vig (vigorish/juice) is the hidden cost of every sports bet. Understanding how it works and how to minimize it is essential for long-term profitability.

How the Vig Works

In a perfectly fair market, a coin flip bet would pay +100 on each side (even money). But sportsbooks need to make money, so they shade the odds. The standard is -110 on both sides, meaning you risk $110 to win $100.

The Math of -110/-110

Side A implied probability: 110 / 210 = 52.38%

Side B implied probability: 110 / 210 = 52.38%

Total: 104.76%

Vig = 104.76% - 100% = 4.76%

If the book takes $110 on each side ($220 total), they pay out $210 to the winner and keep $10 (4.55% of handle).

Vig by Bet Type

Bet TypeTypical VigBreak-Even Win%
Spread/Total (-110)4.5-5%52.4%
Reduced Juice (-105)2.4%51.2%
Moneylines (MLB)3-5%Varies
Prop Bets8-15%54-57%
Parlays (book odds)10-30%Compounding
Betting Exchange1-2%50.5-51%

How to Find the Best Lines

Shop multiple books

The single most effective way to reduce vig is to have accounts at multiple sportsbooks and always bet the best available line. Getting -108 instead of -110 on every bet saves you thousands over a year.

Use reduced juice books

Some books offer -105 or -107 lines instead of -110. While the difference seems small, it cuts your vig nearly in half and significantly reduces how often you need to win to profit.

Avoid high-vig bet types

Props and parlays carry the highest vig. If you bet props, shop aggressively. For parlays, use books that pay true parlay odds (multiplied decimal odds) rather than fixed payout tables.

Use our Vig Calculator and Hold Calculator to analyze the vig on any market.

Frequently Asked Questions