You may hear bettors refer to this amount as “ the juice” or “ cut” or “ vig(orish).” American Odds Explained Odds also reveal how much the book is charging to take your bet.
Your sportsbook may manipulate the odds to incentivize bets on a certain side, and the sum of the probabilities for a single event will always surpass 100 percent because the sportsbook takes a cut that is baked directly into the odds.
