Juice

The commission that the bookmaker takes from each bet. The commission at the bookmakers may differ according to the rules and principles of cancellation. In some gaming establishments, a small commission is taken from any player’s bets. For example, this is typical for a betting exchange. In other bookmakers take a small percentage of the winning bets of all players. In some cases, a commission may be levied on a particular group of players or on some special sporting events.

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