Entry: vig (n.)
In context: "...little Michael Pemulis of Allston takes his PowerBook and odds-software and makes a killing on vig in the frenzy of locker-room wagering..."
Definition: Slang for vigorish (n.):
The percentage deducted by the organizers of a game from the winnings of a gambler. Also, the rate of interest upon a usurious loan.
Other: I was wondering where the term came from. Here it is:
Etymology: Probably < Yiddish, < Russian vȳigrȳsh gain, winnings.
SNOOT score: 1
Source: Oxford English Dictionary