Draftkings Sports Betting App High Juice or Vig
The high juice being charged by the Draftkings sports betting app in New Jersey might not be worth it, so claim some Reddit users.
Vigorish, or simply the vig, also known as juice, under-juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for taking a bet from a gambler.
One Redditor explains how the juice works with Draftkings:
Where as most sportsbooks charge -110/-110 on bets, or -180/+170, that book (Draftkings) charges -120/-120 or -180/+150. There is a large vig attached to each wager that more than makes up for any deposit bonus
With a free match play on one's first bet up to US$200, one Redditor explains the true value of that bonus since it requires wagering the promo amount.
They are matching with a freeplay, not cash. So it only has a value of about $83.33 to the average person.
- Ean Lamb, Gambling911.com