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- 1English
- 1.3Noun
- 2Albanian
- 2.2Noun
- 3Swedish
- 4Volapük
- 4.2Noun
As you can see, the vig is beneficial to the bookmaker, and gives them a reason to keep taking our bets. While it may seem on first look to be something that only happens in sportsbooks, vigorish is also common in other forms of gambling, with one major example being the rake taken in poker.
Vigorish Explained - There is a misconception in sports betting that one only has to hit 50% of their bets to break even. Sometimes we forget about the house edge. Loot explains how vig (juice) works, which makes the actual break-even point 52.38%. How to Beat the Odds - Many bettors jump head first into wagering on games without a plan. Definition of vigorish in the Definitions.net dictionary. Meaning of vigorish. What does vigorish mean? Information and translations of vigorish in the most comprehensive dictionary definitions resource on the web. A detailed explanation on how we track online poker player to player (P2P) trades, values, 'vig', and much more.Vig is short for vigorish, which has a few literal meanings in the poker/gambling world. But as it relates to what we track, vig is the delineator used for the difference between poker room (or skin) money and real money (or other form, such as gift cards) in a. Payment of a service rendered to a benefactor from the benificiary of said service. Apr 14, 2018 What Does the “Vig” Mean in Sports Betting? April 14, 2018 by Kylie Stanley Larson Leave a Comment. Oddsmakers apply a vigorish to every bet that you make. The vig is written with either a + or – sign and then a number. The most common vig you will see looks like this: -110. A vig of -110 means that in order to win $100, you have to bet $110.
English[edit]
Etymology[edit]
Clipping of vigorish, from Yiddishוויגריש (vigrish), from Russianвы́игрыш(výigryš, “winnings”).
Pronunciation[edit]
- IPA(key): /vɪɡ/
Audio (AU) - Rhymes: -ɪɡ
Noun[edit]
vig (countable and uncountable, pluralvigs)
- (slang) A charge taken on bets, as by a bookie or gambling establishment.
- 1984, Patrick, John, Craps, →ISBN, page 11:
- The house sets vigs on any game they allow you to bet on. It is your responsibility to play only those games where the vig is not prohibitive. Let's take one more look at how vigorish works for the house.
- 2009, Winston, Wayne L., Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics, page 256:
- The bookmaker's mean profit per dollar bet is called vigorish or “the vig.” In our example, 11 + 11 = $22 is bet, and the bookmaker wins $1 so the vig is 1/22 = 4.5%.
- 2016, Andersch, Mark, By an Addict, for an Addict[2], →ISBN:
- The vig is like your 'tax' paid on a bet which goes to the bookie. For example, every $100 I would bet, I had a vig of $10. So if I bet $500 and lost that bet, I would owe $550. Trust me, when you don't win, the vigs add up quick!
- (USslang,crime) Interest from a loan shark's loan.
- 1973, Martin Scorsese, Mardik Martin (screenplay), Mean Streets, quoted in 2009, Ellis Cashmore, Martin Scorsese's America, page 118,
- “You charged a guy from the neighborhood $1800 vig?” he asks incredulously (“vig” is short for vigorish, meaning a rate of interest from a loan from an illegal moneylender).
- 2005, Lione, F. P., The Crossroads (Midtown Blue Book; 2), page 100:
- The guy was probably professional muscle, a leg breaker who collects vig for a loan shark. (Vig is a mob term for interest on loans to a loan shark.)
- 2009, Bostick, Davinia, The Match, →ISBN, page 91:
- 'Look, I know I owe you and I know I'm late but I'm good for it. I am. In fact I'll pay you triple what I owe. Triple! Plus the missing vigs, but I need some help first.'
- 1973, Martin Scorsese, Mardik Martin (screenplay), Mean Streets, quoted in 2009, Ellis Cashmore, Martin Scorsese's America, page 118,
- A commission, finder's fee, or similar extra charge.
What Does Vig Mean In Betting
Synonyms[edit]
- (gambling charge):cut, juice, overround, rake, rake-off, take, vigorish
- (loan shark's interest):vigorish
- (extra charge):
Albanian[edit]
Etymology[edit]
From Proto-Albanian*uig-, from Proto-Indo-European*u(e)i-K-(“to revolve, turn, twist”). Cognate to Old Englishwice(“patch”) and Old Norsevik(“bight”).[1]
Noun[edit]
vigm (indefinite pluralvigje, definite singularvigu, definite pluralvigjet)
These machines are integrated with various winning pay lines that may range from one to five pay lines. Furthermore, what makes them more appealing is the fact that players can enjoy a diversified one or even three coins per spin. From the fact that you are guaranteed to win smaller prizes while losing less often, it should be your many diversified slot choices. Double diamond slots online free. Diverse Pay Line and Per-Coin SpinsAs a three line slot game by IGT, its popularity is more influenced by the winning lines at its disposal. With such spins, more high payouts are possible to experts.Thereby, as a, this could be one of the profitable gaming slot machines of all times.
- stretcher, litter, bier, transition (consisting of beams)
Derived terms[edit]
References[edit]
- ^ Demiraj, Bardhyl (1997) Albanische Etymologien: Untersuchungen zum albanischen Erbwortschatz [Albanian Etymologies: Investigations into the Albanian Inherited Lexicon] (Leiden Studies in Indo-European; 7)[1] (in German), Amsterdam, Atlanta: Rodopi, page 418
Swedish[edit]
Pronunciation[edit]
- Rhymes: -iːɡ
Verb[edit]
vig
- imperative of viga.
Adjective[edit]
vig (comparativevigare, superlativevigast)
- (of a person) limber, supple
What Is A Vig Payment
Anagrams[edit]
Volapük[edit]
Pronunciation[edit]
- IPA(key): [viɡ]
Noun[edit]
vig (nominative pluralvigs)
- sennight, sevennight
Declension[edit]
In Gambling What Does Vig Mean In Math
singular | plural | |
---|---|---|
nominative | vig | vigs |
genitive | viga | vigas |
dative | vige | viges |
accusative | vigi | vigis |
vocative1 | ovig! | ovigs! |
predicative2 | vigu | vigus |
- 1 status as a case is disputed
- 2 in later, non-classical Volapük only
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