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vigorish
[ vig-er-ish ]
noun
- a charge paid on a bet, as to a bookie.
- interest paid to a moneylender, especially a usurer.
Word History and Origins
Origin of vigorish1
Example Sentences
The stake of a free bet isn’t paid out with any winnings, meaning a successful $200 free bet at even odds returns roughly $190, accounting for the sportsbook’s built-in advantage, or vigorish.
Businesses might decide to absorb some wage increases and other costs, such as fuel, without passing them all on to consumers and tacking on additional vigorish.
With money lines, vigorish refers to that split.
Moreover, Ernst is on record as favoring the privatization of Social Security, which means turning over the most successful government program in history to Wall Street, so that bankers can extract their vigorish.
This is the vigorish, also known commonly as the “vig” or the “juice” - the bookmaker’s cut of the action.
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