vigorish
n. surcharge on bets; interest on a payment (Slang) | ||||
Search Dictionary:
Vigorish definition was found in categories: Language, Idioms & Slang(2) Entertainment & Music(2) Encyclopedia(1)
Vigorish Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
vigorish
Noun
1. an exorbitant or unlawful rate of interest
(synonym) usury
(hypernym) interest rate, rate of interest
2. a percentage (of winnings or loot or profit) taken by an operator or gangster
(synonym) rake-off
(hypernym) cut
Noun
1. an exorbitant or unlawful rate of interest
(synonym) usury
(hypernym) interest rate, rate of interest
2. a percentage (of winnings or loot or profit) taken by an operator or gangster
(synonym) rake-off
(hypernym) cut
| hEnglish - advanced version |
vigorish
vigorish
n
1. an exorbitant or unlawful rate of interest [syn: usury]
2. a percentage (of winnings or loot or profit) taken by an operator or gangster [syn: rake-off]
vigorish
n
1. an exorbitant or unlawful rate of interest [syn: usury]
2. a percentage (of winnings or loot or profit) taken by an operator or gangster [syn: rake-off]
Vigorish Definition from Entertainment & Music Dictionaries & Glossaries
| Wagering/Betting Terms Glossary |
VIGORISH
Juice
Juice
| gambling |
Vigorish
- Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as juice.
- Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as juice.
Vigorish Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Vigorish
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 sometimes referred to as the overround, although this is technically different, being the percentage the event book is above 100% whereas the vigorish is the bookmaker's percentage profit on the total stakes made on the event. For example, 20% overround is vigorish of 16 2/3%. The connecting formulae are V = (100 x OR)/(100 + OR) and OR = (100 x V)/(100 - V).
| See more at Wikipedia.org... |