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Originally Posted by AVM
Don't forget, he purchased 1 point. Juice is usually 5%, however, when you start buying points - that's when shit gets expensive. Well worth the cost however, that extra point is the difference between one score, and two scores.
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Juice is standard at 10%, his point should cost him 5% on top of that, unless he's using some weird sportsbook. The book can set the bet to win ratio at anything they want to, but if you shop around and find someone who wants the bet, they should negotiate.
The house doesn't care who wins or loses, they just want an equal number of bets off and on.