Juice [Meaning] - MasterTerms.com

This fee is built into the odds, and it represents the sportsbook’s cut for facilitating the wager. Typically, juice is applied to both sides of a bet, meaning that regardless of the outcome, the sportsbook will profit. For example, in a standard point spread bet with odds of -110 on both sides, the extra 10% above even odds is the juice.

Juice Example

For example, if you bet $110 to win $100 on a team, the $10 difference is the juice that the sportsbook keeps as their profit.

Glossary: Juice
Juice is the commission a casino takes from a bet.
Glossary: Nickel Line
A Nickel Line is a type of betting line in sports wagering that offers odds with a reduced spread or point differential, typically found in football and basketball.
Glossary: Sportsbook
A sportsbook is a facility or online platform where individuals can place bets on various sports events.
Glossary: Book
A "Book" in sports betting refers to a company or individual that takes bets on various sports events.

Alternative Meanings:

Juice
It is essentially the fee charged by the house to facilitate the wager, ensuring the casino makes a profit regardless of the outcome. For example, if you place a $10 bet, you might have to pay $11 to cover the juice, with the extra $1 being the casino's commission. This fee is typically included in bets where the odds are close to even, such as in craps, where the house takes a small percentage to maintain its edge.
Juice Example
For example, in a standard $100 bet with a 10% juice, a player would have to wager $110 to potentially win $100.