In gambling what does vig mean

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Why do they play? Contrary to popular belief, research and clinical work show that money is not the only reason why adolescents gamble. Money is used as a means to pursue gambling activities. Adolescents play for fun, excitement, and to make money.

What does this betting term mean: Vig or "the vig ... Answers. It is short for a yiddish word vigorish, meaning winnings. For example, if you wanted to bet $100 on the Giants to win $300, going off at 3:1 odds, you would actually pay $110...the extra $10 would be the Vig. This way, even after all of the odds and bets are designed to make it even, there is a slight slant in the favor... What does vigorish mean? - Definitions.net Freebase(0.00 / 0 votes)Rate this definition: Vigorish. Vigorish, or simply the vig, also known as juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for his services. In the United States it also means the interest on a shark's loan.

In contrast, the 10% vig collected by bookies means the house edge is just that, 10%, slot machines typically give the house a 2%-15% edge and the most common/popular casino games like blackjack and craps hold a house advantage of 1-2%.

Vigorish, or simply the vig, also known as juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for his services. In the United States it also means the interest on a shark's loan. The term is Yiddish slang originating from the Russian word for winnings, выигрыш vyigrysh. What is Juice/Vig in Sports Betting? - Casino Answers!

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

We`ve created the ultimate guide to Horse Racing & Greyhound betting in the US: Valueable Insights Tipps Best Places to Bet What is Low Vig or Reduced Juice? You’ll see many US friendly online sportsbooks that offer reduced juice or low vig on selected games, you will even see zero juice offered on a few games...though not very often. But what is low vig or reduced juice, and why is it so good … The House Gets Its Vig | Pigs and Sheep A Libertarian Blog In contrast, the 10% vig collected by bookies means the house edge is just that, 10%, slot machines typically give the house a 2%-15% edge and the most common/popular casino games like blackjack and craps hold a house advantage of 1-2%. Odds - Wikipedia In both gambling and statistics, the 'odds' are a numerical expression of the likelihood of some possible event.

Vigorish, or simply the vig, also known as juice, under-juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for taking a bet from a gambler. In the United States, it also means the interest on a shark's loan. ... To minimize their risk, some bookmakers do not want to have an interest in any side winning in ...

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What does VIG stand for? - Abbreviations.com