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Definition of "vigorish" []

  • A charge taken on bets, as by a bookie or gambling establishment. (noun)
  • The rate or amount of such a charge. (noun)
  • Slang Interest, especially excessive interest, paid to a moneylender. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "vigorish" in a sentence
  • "But maybe that 3.6% is the "vigorish" -- i.e., the house's take."
  • "They earn money by charging a commission, also known as a vigorish."
  • "Sports books prefer an even amount of betting on both teams to mitigate risk, because they make an additional amount (called vigorish) on losing bets."