Bettors love placing parlay bets because they offer the chance to win a lot of money while risking very little. But, sportsbooks also love parlays since they often offer large vigs.<\/p>\n

It\u2019s difficult to calculate the vigs for parlays. But, consider this: States like New Jersey have disclosed that over half their betting profits come from parlays alone.<\/p>\n

Futures<\/span><\/h3>\n

Similar to parlays, future bets make it almost impossible to calculate the vigs that sportsbooks collect on them. They present many possibilities when it comes to which team will win the next Super Bowl or NBA championship.<\/p>\n

For this reason, it\u2019s especially important to shop around for the best betting lines for future bets. You\u2019re better off doing that than trying to find future bets with the lowest vigs.<\/p>\n

Vigorish Betting - Top Tips on Reducing the Vig<\/span><\/h2>\n

If you\u2019re OK with accepting a standard 4.76% vig, you don\u2019t have to feel bad about doing it. You can still position yourself to make a profit over time. But, try to reduce the vig on sports bets whenever possible using these tips.<\/p>\n

Search for Reduced Juice Lines and Promotions<\/span><\/h3>\n

As the legalization of betting spreads across the country, more online sportsbooks pop up. Many sportsbooks have started to turn into reduced juice sportsbooks to attract more sports bettors. Therefore, search for sportsbooks offering reduced juice lines and promotions and take advantage of them.<\/p>\n

Use Contrarian Lines to Your Advantage<\/span><\/h3>\n

Before placing a sports bet, check several sportsbooks to see which betting odds they offer on a game. You might find that one sportsbook has Team A +8 with -108 odds and Team B -8 with -112 odds, while another sportsbook has Team A +8 with -115 odds and Team B -8 with -105 odds.<\/p>\n

By pinpointing contrarian lines like this, you can decide which sportsbook will provide the lowest vigs.<\/p>\n

Never Pay More Than Standard Juice<\/span><\/h3>\n

The standard vig is around 4.76%, and there isn\u2019t any reason for you to pay vigs higher than that. Calculate vigs based on the betting odds available to ensure you aren\u2019t paying more than you should.<\/p>\n

Favor Low Vig Betting Options<\/span><\/h3>\n

Certain sports bets, like point spread and total bets, offer lower vigs than other sports bets. Stick with these types of bets to avoid paying higher vigs than you should have to, even if it means not rolling the dice on another big parlay.<\/p>\n

Claim Bonuses, Odds Boosts, Loyalty Rewards<\/span><\/h3>\n

Most sportsbooks have bonuses, odds boosts, and loyalty rewards available to regular players. Monitor your preferred sportsbooks for signs of them, and strongly consider wagering on games that include them.<\/p>\n

The Importance of Win Rate<\/span><\/h3>\n

At the end of the day, winning more sports bets than you lose is the only surefire way to turn profits. Even the best bettors are lucky to win 55% of their bets, so don\u2019t get discouraged if you struggle to top that.<\/p>\n

At the same time, aim to collect as many victories as you can since it\u2019s the only way to overcome vigs and reduce their impact on your sports betting bankroll.<\/p>\n

Conclusion on Vig Betting<\/span><\/h2>\n

Knowing what the vig is in betting is one of the many keys to becoming a great sports bettor. If you\u2019re not calculating the vigs for sports wagers already, start doing it right away. Shop around for the best betting odds you can find, too. It can work wonders for your online gambling goals by transforming you into a more profitable sports bettor.<\/p>\n

Vig Betting FAQs<\/span><\/h2>\n

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What\u2019s a Vig in Betting?<\/span><\/h3>\n <\/div>\n

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A vig in betting is the price you\u2019ll pay to a sportsbook to place sports wagers. You can calculate the vig for a sports bet by looking at its betting odds. <\/p>\n <\/div>\n<\/section>\n

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How Much Is the Vig in Sports Betting?<\/span><\/h3>\n <\/div>\n

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The standard vig in betting is about 4.76%. However, the vig in betting can change based on which type of bet you\u2019re placing. <\/p>\n <\/div>\n<\/section>\n

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Are There Reduced Juice Betting Sites?<\/span><\/h3>\n <\/div>\n

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Reduced juice betting sites are few and far between since reduced juice can hurt a sportsbook\u2019s bottom line. However, some sportsbooks will offer odds boosts and other promotions for certain games. <\/p>\n <\/div>\n<\/section>\n

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What Does a 5% Vig Mean?<\/span><\/h3>\n <\/div>\n

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A 5% vig means a sportsbook will take 5% of your wager on a game as a fee for accepting your bet. This is slightly higher than the standard 4.76% vig. <\/p>\n <\/div>\n<\/section>\n

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Do You Pay a Vig on Parlay Bets?<\/span><\/h3>\n <\/div>\n

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Yes, you pay a vig on parlay bets. However, it can be difficult to calculate since these types of bets include at least two bets packaged together. <\/p>\n <\/div>\n<\/section>\n

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Can You Get No Vig Odds?<\/span><\/h3>\n <\/div>\n

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You can get no vig odds in certain instances by looking for +100 betting odds or better. In these cases, the betting odds for the other side of a wager will be at least -120 and sometimes higher. <\/p>\n <\/div>\n<\/section>\n

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Why Do Sportsbooks Charge a Vig?<\/span><\/h3>\n <\/div>\n

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Sportsbooks charge a vig on the bets they accept because they wouldn\u2019t always make money otherwise. Vigs are designed to ensure sportsbooks turn profits on almost all the sporting events they offer to sports bettors. It\u2019s why you need to know about the vig in betting, as vigs aren\u2019t going to disappear anytime soon.<\/p>\n <\/div>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"

The vig is the house edge a betting site includes within its odds to ensure the book makes money regardless of the outcome of an event. Similar to a fee or commission, the vig is a vital part of sports betting and bettors need to understand it fully if looking to return a long-term profit. […]<\/p>\n","protected":false},"author":337,"featured_media":0,"parent":1579783,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"\n