Juice Definition

The term “juice” refers to the commission that a bookmaker takes for each losing bet. This is also known as the “vigorish” or “the take”.

Example

If a bookmarker has a commission of 5% for each wager, a punter would need to bet $105 for a stake of $100.

Juice Pros and Cons
Pros
  • Analyzing the commission or “juice” of a bookmaker might help be a deciding factor on whether to use them or not.
Cons
  • The type of “juice” might change from time to time. For instance not just the percentage of the commission, but at times it might be applied to just the loser, or both the winner and the loser.
  • Paying the “juice” means that more money is wagered for a smaller win.