There are also situations where -110 odds would push to -120 or higher because that bet is getting a lot of money. While each state has different rules, there are certain states where sportsbooks have a higher vig across the board, no matter where you wager. That's because a lot of in-person sportsbooks take a higher cut of bets than online sportsbooks, who receive more bets because they are more widely accessible. As more states legalize sports betting, the variety in vigs across states will be a talking point. Of course, not all sportsbooks are the same and sometimes regular odds are listed at -115 or -120. This simply means if you want to win $100, you'd have to bet $110 because of the vig and when the bet loses, that $10 goes straight to the sportsbook. If there was no vig, a $100 bet would result in a $200 payout. With the vig, a $100 bet would result in a $190 payout. If there was no vig, it would be at even odds, or +100. If the Eagles are -6.5 point favorites, that would be at -110 odds. The sportsbook only collects the vig if the bettor loses the wager.įor example, a point spread is often listed with -110 odds. Vig, or vigorish, is the cut or amount charged by a sportsbook for taking a bet, also known as juice in slang terms.
