Re: Vig?
One entry found for vigorish.
Main Entry: vig·o·rish
Pronunciation: 'vi-g&-rish
Function: noun
Etymology: perhaps from Ukrainian vygrash or Russian vyigrysh winnings, profit
1 : a charge taken (as by a bookie or a gambling house) on bets; also : the degree of such a charge <a vigorish of five percent>
2 : interest paid to a moneylender
basically, the "vig" is any house edge in a game which need to be overcome in order to be profitable in the long run.
|