Saturday, 25 August 2012

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
Page: 431

Source: Oxford English Dictionary   

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