ENGLISH DICTIONARY

Vig

Definition, Meaning & Examples

Pronunciation /vɪɡ/ · Part of speech noun

Quick meaning: Vig is a noun meaning (US slang, crime) Synonym of vigorish (“interest from a loan, as from a loan shark”).

Meaning

(US slang, crime) Synonym of vigorish (“interest from a loan, as from a loan shark”).

More Meanings

  1. Synonym of vigorish (“commission, finder's fee, or similar extra charge”).
  2. (slang) Synonym of vigorish (“charge taken on bets”).

Example Sentences

The guy was probably professional muscle, a leg breaker who collects vig for a loan shark. (Vig is a mob term for interest on loans to a loan shark.)
The bookmaker's mean profit per dollar bet is called vigorish or “the vig.” In our example, 11 + 11 = $22 is bet, and the bookmaker wins $1 so the vig is 1/22 = 4.5%.
"Look, I know I owe you and I know I'm late but I'm good for it. I am. In fact I'll pay you triple what I owe. Triple! Plus the missing vigs, but I need some help first."
The house sets vigs on any game they allow you to bet on. It is your responsibility to play only those games where the vig is not prohibitive. Let's take one more look at how vigorish works for the house.

Word Forms

Synonyms for vig

Depending on context, synonyms include vigorish.

Related Words

Related dictionary entries include debt, interest, eff, committees, vigorish, flutter.

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Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.