Lernen Sie die Übersetzung für 'vigorish' in LEOs Englisch ⇔ Deutsch Wörterbuch. Mit Flexionstabellen der verschiedenen Fälle und Zeiten ✓ Aussprache und. Bedeutung von vigorish und Synonyme von vigorish, Tendenzen zum Gebrauch, Nachrichten, Bücher und Übersetzung in 25 Sprachen. Übersetzung im Kontext von „vigorish“ in Englisch-Deutsch von Reverso Context: When winning the Lay bet, a 5% commission (vigorish) is charged.
Bedeutung von "vigorish" im Wörterbuch EnglischTranslation and Meaning of vigorish, Definition of vigorish in Almaany Online Dictionary of English-German. Worterbuch, Wörterbuch, Deutsch, Wörterbücher. Übersetzung für 'vigorish' im kostenlosen Englisch-Deutsch Wörterbuch und viele weitere Deutsch-Übersetzungen. Bedeutung von vigorish und Synonyme von vigorish, Tendenzen zum Gebrauch, Nachrichten, Bücher und Übersetzung in 25 Sprachen.
Vigorish Words near vigorish in the Dictionary VideoWhat is the Vig?
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Writer: Chris Mohney. As a business practice it is an example of risk management ; by doing so bookmakers can guarantee turning a profit regardless of the underlying event's outcome.
As a rule, bookmakers do not want to have a financial interest creating a preference for one result over another in any given sporting event.
This is accomplished by incentivizing their clientele to wager offsetting amounts on all potential outcomes of the event.
The normal method by which this is achieved is by adjusting the payouts for each outcome collectively called the line as imbalances of total amounts wagered between them occur.
Within the mathematical disciplines of probability and statistics this is analogous to an overround  , though the two are not precisely synonymous but rather bijective reciprocals of one another.
It is simplest to assume that vigorish is factored in proportionally to the true odds, although this need not be the case. Under proportional vigorish , a "fair odds" betting line of 2.
More commonly though, disproportional vigorish will be applied as part of the efforts to keep the amounts wagered balanced, such as 1.
Two people want to bet on opposing sides of an event and agree to "fair odds", also known as evens. They are going to make the wager between each other without using the services of a bookmaker.
The person who loses receives nothing and the winner receives both stakes. Rather than pay vigorish to someone who will guarantee that the winner will be paid, they both assume the opportunity cost in the event the backer of the losing side refuses to pay the winner at the event's conclusion.
By contrast, when using a sportsbook with the odds set at 1. Vigorish can be defined independent of the outcome of the event and of bettors' behaviors, by defining it as the percentage of total dollars wagered retained by the bookmaker in a risk-free wager.
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We are thankful for obscure words. Can you spell these 10 commonly misspelled words? Build a chain of words by adding one letter at a Login or Register.Vigorish, or " vig ", meaning the juice, or interest collected when a loan is paid back overdue. When I didn't have enough money left over for the vig on my loan, Tony broke my legs instead. by CJ Dayringer August 17, Recent Examples on the Web In sports betting, the vigorish, or vig, is typically for spread and total bets. Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or simply the vig) is the fee charged by a bookmaker (or bookie) for accepting a gambler's wager. In American English it can also refer to the interest owed a loanshark in consideration for credit. (uncountable, slang) A charge taken on bets, as by a bookie or gambling establishment. Directed by Jason Ruha. With John Colucci, Carl Dean, Eric Essix. Chester can talk his way out of anything, or so he thinks. But a one-night stand with an old flame threatens the business of the girl's father, a ruthless bookie.