vigorish in a sentence
Examples
- These are three examples of possible gambler behaviors that all give different answers to the distribution of vigorish fees amongst winners and losers.
- The book keeps a specific percentage of the total amount of money wagered ( 5 % 7 % ) and this is called vigorish.
- The house edge ( HE ) or vigorish is defined as the casino profit expressed as a percentage of the player's original bet.
- Taj executives admitted during hearings and in documents that some players with unpaid vigorish were allowed to return and gamble again without paying the outstanding commission.
- For comparison, for overround calculation only the upper part of the equasion is used, leading to slightly higher percentage results than the vigorish calculation.
- The commission, known as " vigorish " works like this : A bettor places a $ 55 wager that pays off 2-1.
- "They were told that we didn't have a right to seize, that we were taking a form of government vigorish ."
- That vigorish for Wall Street adds up to a lot of money, especially considering the brokerage firm has no risk at all, just an income stream.
- The sportsbooks had to pay a 10 percent tax so they charged a high vigorish to gamblers, but they still brought enough business to make a profit.
- In other words, despite picking half of the games correctly, I lost $ 1, 000 because of the 10-percent vigorish I had to pay the bookmaker.