Glossary
Vig / Vigorish
What sportsbook vig means and how it appears in market pricing.
Quick answer
Vig, vigorish or juice refers to the sportsbook’s pricing margin or commission embedded in betting odds.
Why it matters
A bettor must overcome the price, not merely pick outcomes correctly.
Example
Two sides both offered at 1.91 imply probabilities totaling about 104.7%, creating a raw overround above 100%.
Related terms
Overround, hold, implied probability and break-even probability are closely related but not always interchangeable.
Related reading
Responsible gambling: Gambling involves financial risk. Never chase losses or gamble with money needed for essentials. Eligibility and legal age vary by jurisdiction.