Sports Betting Glossary
From A to Z
J
Joint favorite
Another term for a co-favorite, it is when two or more teams/athletes are posted with identical odds of winning.
Juice
Another term for the vigorish or commission, the juice is the margin sportsbooks build into their odds to guarantee that they make a profit. For example, if they believe the outcome of a game is 50/50, they will not post odds of 2.0 for each side; they will often post odds of 1.90 or 1.85 for either side, giving them either 10% or 15% juice on the bet.
