Definition, Meaning & Synonyms
vig
noun
/vɪg/
Definition
Vig refers to the amount of money that a bookmaker or gambling house takes as their profit from a bet.
Examples
- When placing his bet, he realized the vig was higher than he expected.
- The vig can significantly impact the total payout for a winning bet.
- It’s essential to account for the vig when calculating potential winnings.
Meaning
In the context of betting or gambling, vig is the charge or fee that is taken to service the wagering process.
Synonyms
- vigor
- vigorousness
- strength
