Spread betting
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Spread bettingis a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. A bet is made against a ‘spread’ (or index), … Read More

Vigorish
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Vigorish, or simply “vig“, or “juice“, is the amount charged by a bookmaker for his services. The term is Yiddish slang originating from the Russian word for “winnings,” vyigrysh. The concept is also known as the overround. Bookmakers use this … Read More

Internet sportsbooks
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While internet sportsbooks lack face-to-face transactions, they can handle more customers than land based sportsbooks and operate more cost effectively. They pass lower costs on to customers in the form of reduced vigorish (cheaper prices) or bonus incentives. They can … Read More

Poker jargon – V
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vig, vigorish The rake. vnh Abbreviation for “very nice hand”, used in online poker chat.