Meaning of the -110 number that is showing next to my bet?

Meaning of the -110 number that is showing next to my bet?

December 17, 2020 Off By Amos

Oddsmakers are putting a tax on each bet. This tax is known as the vig or juice. Vid is the short form of vigorish. The juice is the commission which you would require to pay to the sportsbook to accept your wager.

Duke blue devils are having -5(-110) which also means that if you want to bet on the duke as a 5-point favorite then you are at the risk of 110  to 200 dollars win.

The juice is considered as a positive number like Penn state -7(+110). This means that when you are betting 100$ on Penn state then it is a 7-point favorite and it will cover your win of 110$. If you are losing it then you will lose only 100$ which is a risk.

place the bet

You always have to risk more on the favorite so that you can win on the underdog otherwise the sportsbooks will be out of the business.

How can you place the bet?

Sports betting is legalized in America so sports bettors are not having more options to take advantage of. To see if sports betting are legal in your area then you can check the state tracker.

Some of the biggest states like Colorado, Pennsylvania, New Jersey, West Virginia, and Indiana are having legalized mobile wagering. There are sportsbooks which are highlighting the trustworthy legal shops which are taking thethao bet online. You can also verify this with other sources before betting in these online casinos.