Juice

1. The amount of money taken out of a prizepool or wager by the entity that is offering the betting action.
2. Money, power, respect.

Fresh Squeezed Juice

Here are some common examples of juice in gambling scenarios:

- A sports book will pay out a winning bet minus 10%. That 10% is the juice.

- In a poker tournament that has a buyin of $15,000 + $400, the $400 "entry fee" is the juice, the amount of money the house is collecting in addition to the buyin.

Money, Power, Respect

Here is a scene from the 1992 film Juice, a movie about inner city crime and culture: