Definition
Slang for the bookmaker's built-in margin baked into a price — the same thing as vig. A standard spread or total is priced at −110 on both sides; that −10 is the juice.
Related terms
- Vig / Juice — The bookmaker's built-in margin — the reason both sides of a market aren't priced at +100. Strip it from both sides to get the no-vig fair price.
- Hold — The percentage a sportsbook's two-sided prices add up to above 100% — its built-in margin. Lower hold is a better deal.