What Is a Vig???

Vigorish, or simply "vig", or "juice", is the amount charged by a bookmaker for his services. The term is Yiddish slang originating from the Russian word for "winnings," vyigrysh. The concept is also known as the overround.

Bookmakers use this concept to make money on their wagers regardless of the outcome. Because of the vigorish concept, bookmakers should not have an interest in either side winning in a given sporting event. They are interested, however, in getting equal action on each side of the event. In this way, the bookmaker minimizes their risk and always collects a small commission from the vigorish. The bookmaker will normally adjust the odds (or line) to attract equal action on each side of an event.

2006-09-08 07:37:13 · answer #1 · answered by Smokey 5 · 5⤊ 0⤋

What Is A Vig

2016-10-07 08:23:29 · answer #2 · answered by ? 4 · 0⤊ 0⤋

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RE :What Is a Vig???
ok in all the mafia movies they talk about the "vig" what is a vig and how does it work?
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2016-11-12 17:39:46 · answer #3 · answered by ? 6 · 0⤊ 0⤋

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RE:
What Is a Vig???
ok in all the mafia movies they talk about the "vig" what is a vig and how does it work?

2015-08-06 22:44:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋

The vig is the weekly (maybe monthly) interest on a note from a loan shark. Usually it is about %10 of the note itself.

2006-09-08 07:37:07 · answer #5 · answered by c.arsenault 5 · 1⤊ 0⤋

Loan Shark Synonym

2016-12-29 14:26:21 · answer #6 · answered by okon 3 · 0⤊ 0⤋

Vigorish, or simply "vig", or "juice", is the amount charged by a bookmaker for his services. The term is Yiddish slang originating from the Russian word for "winnings," vyigrysh. The concept is also known as the overround.

2006-09-08 08:10:52 · answer #7 · answered by tre_wingo 3 · 0⤊ 0⤋

vig: the interest payment on a loan from a loanshark (short for "vigorish"). Synonym: juice.

2006-09-08 07:35:13 · answer #8 · answered by Mr. E 5 · 1⤊ 0⤋

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Part nostalgia, part gimmick... If I hadn't gotten over Nirvana during my sophomore year of high school this would probably make me giddy, though. BQ: The Colour and the Shape, There Is Nothing Left To Lose, One By One

2016-04-01 06:09:51 · answer #9 · answered by Anonymous · 0⤊ 0⤋

"Vigorish" is the amount charged to place a bet with a bookie. It can be thought of as a bribe in some cases.

2006-09-08 07:35:45 · answer #10 · answered by Anonymous · 0⤊ 0⤋

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