There are many terms and phrases that are part of the common parlance in sports betting that you might not be familiar with, but there is one phrase that is probably the most crucial one when it comes to making the right wager: juice*. What is juice, and how is it used in sports betting? Let’s take a quick look.
The Meaning Of Juice
When a professional sports team or athlete gets a big win, there is usually an associated celebration. The winning team will often shout, scream, or sing in delight as they lift their trophies and hold up the cheque for their latest triumph. That money might as well be ‘juice’ as far as they are concerned – it is money well spent, and they are chuffed to have bet on the right team in the right place at the right time.
Sportsbook operators have now recognised this, and have developed an entire lexicon of sporting terms to represent this heightened emotional state. When a big event is over, the bookie will release a statement like: ‘The money kept flowing in during the post-game celebration – we had a massive influx of money during the ‘juice’ stage!’ That is a ‘juice’ winner, or as the Canadians might say, a ‘JUICE’ winner.
How To Make The Right Wager
Most people will place a wager on their favourite team to win the national football (soccer) cup, the World Series, or the Super Bowl. When you put a bet on an athlete or team to perform well in any way, you are essentially placing a wager on that athlete or team to win. The juice is certainly flowing at this point – you are really betting on an event to happen. This is why it is so important to consider the juice and not the game or the event itself when placing a wager.
Of course, there will be times when the game or event is so hyped that it is essentially a ‘pick ’em’, but that is another article. For the most part, when you wager on sports, whether it is a football match or a horse race, you are really wagering on an athlete or a team to perform well in a particular sport.
Why Should You As A SportsBetting Fan Keep An Eye On The Juice?
You need to keep your eye on the juice, or you could get completely taken by surprise by the unexpected result of the event you are betting on. Betting on sports is all about probabilities and statistics – but they can be very tricky to calculate. When you are calculating the juice, you also have to consider what is happening around the game or event, as well as the historical data for the particular sport you are betting on. All of this can vary hugely, so it is essential that you keep track of all the relevant information, otherwise, you could find yourself in a bit of a pickle. Hopefully, this article will shed a little bit of light on some of the terminology and concepts to keep in mind when betting on sports.