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vigorish

   Also found in: Financial, Wikipedia 0.01 sec.
vig·o·rish  (vgr-sh)
n. Slang
1.
a. A charge taken on bets, as by a bookie or gambling establishment.
b. The rate or amount of such a charge.
2. Interest, especially excessive interest, paid to a moneylender.
[Yiddish slang, from Russian vyigrysh, winnings : vy-, out; see ud- in Indo-European roots + igrat', to play.]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.vigorish - an exorbitant or unlawful rate of interest
usury
interest rate, rate of interest - the percentage of a sum of money charged for its use
2.vigorish - a percentage (of winnings or loot or profit) taken by an operator or gangstervigorish - a percentage (of winnings or loot or profit) taken by an operator or gangster
rake-off
cut - a share of the profits; "everyone got a cut of the earnings"
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Next, convert the likely point spread to a money line, discounting the vigorish, or built-in house commission.
How likely Colts, Saints are to go 16-0 by Staff / Las Vegas Sun
Most of the time, the vigorish charged to customers by online sportsbooks are lower than in casinos because of lower operation costs and higher volume of customers served.
Know Your Football Betting Schedules to Maximize Winnings by Goudelock M. / Travel, recreation and leisure community
The way they talk about it, you would think some tattooed goon, seconded from a Macao casino, had cornered Lady Liberty and was demanding she pay the vigorish.
Banking on Beijing: China's priority is saving itself, not sinking ... by Broughton, Philip Delves / The American Conservative
 
 
 
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