Instead, one bettor may win $100 after laying -110 while another loses $110 with the book ending up making the difference of $10 between the two wagers. If bettors continuously split bets with the sportsbook and there was no juice associated with them, the book would have a tough time making a profit. What does this mean exactly? Consider it like a fee to broker the wager so that between one winning bet cashing and another losing based on the same -110, the book will still end up ahead between the two of them. The “juice,” as it is often called, is defined as the commission the book earns on bets wagered.
What -110 Means for a Sportsbookįrom the sportsbook’s perspective, the -110 number is used to ensure they make money from bettors on a regular basis and stay in business. A bettor must lay $110 to win $100 when wagering on point spreads, which are set by oddsmakers with hopes of getting equal action on both sides.Ĭonfused yet? Don’t be, as it’s really not that hard to understand once you get the basics of sports betting down between book and bettor. The magic number in sports betting is -110 because it defines the amount required by a sportsbook to earn $100 on either side of most wagers. Video Poker Guide: Play the Best Online Video Poker Games.
