Definition, Meaning & Synonyms
vigorish
noun
/ˈvɪɡərɪʃ/
Definition
Vigorish is the amount of money taken by a bookmaker or casino as a fee for accepting bets.
Examples
- The vigorish on the sports betting was higher than I expected.
- When placing bets, it’s important to consider the vigorish that the bookmaker will charge.
- The casino takes a small vigorish from every game to maintain its operations.
Meaning
In gambling, vigorish refers to the cut that a house takes from the bets placed, which is essentially the commission that ensures the house’s profit.
Synonyms
- juice
- vig
- commission
