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What does juice mean in sports betting? By definition, "juice" in sports betting is the commission that the sportsbook earns on all wagered bets. How To Calculate Sports Betting Juice In this NFL example, the American odds of -110 indicate a 10 percent commission on both sides of the bet. The implied probability of the Bronx Bombers winning this baseball game is 57. Both implied probabilities add up to 101. This means that the sports betting site will take 20 percent of every dollar bet, which is significantly greater than the 1.

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