Definition, Meaning & Synonyms | English word VIGORISH


VIGORISH

Definitions of VIGORISH

  1. (uncountable, slang) A charge taken on bets, as by a bookie or gambling establishment.
  2. (uncountable, slang) The interest on a loan of money, especially for loans made by a usurer or loan shark.
  3. (countable, slang) An amount owed on account of or payment of a bookie's charge or of interest.
  4. (slang) A commission or similar extra charge.

10
CUT
VIG

Number of letters

8

Is palindrome

No

20
GO
GOR
IG
IGO
IS
ISH
OR
ORI
RI
RIS

1

1

313
GH
GHI
GHO
GHS
GI
GIO

Examples of Using VIGORISH in a Sentence

  • Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets.
  • Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager.
  • The longshot underdogs tend to be overbet, meaning sportsbooks apply more vigorish to that side of the market.



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