Definition, Meaning & Synonyms | English word VIGORISH
VIGORISH
Definitions of VIGORISH
- (uncountable, slang) A charge taken on bets, as by a bookie or gambling establishment.
- (uncountable, slang) The interest on a loan of money, especially for loans made by a usurer or loan shark.
- (countable, slang) An amount owed on account of or payment of a bookie's charge or of interest.
- (slang) A commission or similar extra charge.
Number of letters
8
Is palindrome
No
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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