bookmakers sport

It depends on whether the debt is legal or not. If it's a legal debt (i.e. placed at a Vegas casino in their sportsbook), the casino can take the bettor to court, just like any other debt such as credit card or car loan.

Fees. What percentage do bookies take? That question refers to the book fee that is collected from a wager. Bookies usually take around 10 percent, this is what they call the juice  or the vig.

Example: Lakers vs. Warriors, Over/Under 110.5 first-half points (Over -115/Under -105): Bettors who anticipate a fast-paced opening 24 minutes will bet Over 110.5 points, layingR$115 to winR$100. Bettors who expect a sluggish start and missed shots would layR$105 to winR$100 on the Under.

What Is an Over/Under Bet? The sportsbook will set a total based on how many points will be scored in a game. A common NBA basketball line is set around 220 points, so bettors need to decide if there will be fewer (under) or more (over) points.