vigorish

Noun

Meaning

(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.

Source: en.wiktionary.org

Synonyms

cut juice ante usury rake rake off vig overround house advantage house take house cut

Hypernyms

cut interest rate rate of interest

Examples

Therefore, players get 1 to 2 for the numbers 4 and 10, 2 to 3 for the numbers 5 and 9, and 5 to 6 for the numbers 6 and 8. A 5% commission (vigorish, vig, juice) is charged up front on the possible winning amount. Source: Internet

The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. Source: Internet

While it is possible through skillful play to minimize the house advantage, it is extremely rare that a player has sufficient skill to completely eliminate his inherent long-term disadvantage (the house edge (HE) or house vigorish ) in a casino game. Source: Internet

Close letter words and terms

vigor vigored vigorimeter vigorite vigorless vigorlessness