This shows a slight edge, but it isn't enough to cover the standard -110
vig charged by most sportsbooks.
Although this strategy still loses money due to the juice /
vig charged by sportsbooks, it highlights the importance of focusing on highly bet games when fading the public.
Not exact matches
The «-110» next to the line is what's known as the
vig, or juice, which is simply a fee the sportsbooks
charge to use their service.
The juice, sometimes known as the
vig, is the fee
charged by bookmakers to place a bet.
Despite a 50.6 % winning percentage, this simple filter is not enough to compensate for the
vig / juice
charged by sportsbooks.
Most sportsbooks
charge a -110
vig, which means that bettors need to win 52.38 percent of their bets in order to turn a profit.