Vigorish
id:
vigorish-182-1617742
title:
Vigorish
text:
Vigorish is the fee charged by a bookmaker for accepting a gambler's wager. In American English, it can also refer to the interest owed a loanshark in consideration for credit. The term came to English usage via Yiddish slang which was itself a loanword from Russian. 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
brand slug:
wiki
category slug:
encyclopedia
description:
Fee charged by a bookmaker for accepting a gambler's wager
original url:
https://en.wikipedia.org/wiki/Vigorish
date created:
2004-07-02T16:04:36Z
date modified:
2024-09-06T04:00:08Z
main entity:
{"identifier":"Q7929002","url":"https://www.wikidata.org/entity/Q7929002"}
image:
fields total:
13
integrity:
15