They reflect the balance of wagers on either side of the event, and include the deduction of a bookmaker's brokerage fee ( " vig " or vigorish ).
22.
One therefore cannot say precisely whether winners or losers or both are paying the vigorish until the gamblers'behaviors with respect to the fair odds and juiced odds is defined.
23.
Under proportional vigorish, a moneyline odds bet listed at " 100 vs . + 100 without vigorish ( fair odds ) could become " 105 vs . + 105.
24.
Under proportional vigorish, a moneyline odds bet listed at " 100 vs . + 100 without vigorish ( fair odds ) could become " 105 vs . + 105.
25.
On the other hand, Asian handicap markets are typically low margin offerings that do not contribute as significantly to the gross win as other, higher vigorish betting options like 1X2.
26.
An oddsmaker seeks those even breaks because the sportsbook makes its money from something called vigorish-- a percentage of the bet the house automatically keeps for allowing people to place wagers.
27.
That two-way action means a good night for a sports books, who make their profits on the " vigorish, " the difference between payouts on the two fighters.
28.
Yet, retailers continue to play the penny game on their price tags and gasoline stations ( and dealers ) continue to manufacture that nine-tenths of a cent vigorish at the pumps.
29.
The vigorish is a 5 percent commission that must be collected on winning hands baccarat players bet with the house; otherwise, the casino would hold no advantage over players on such bets.
30.
The bulk of the fine imposed by the New Jersey Casino Control Commission, $ 237, 199, was for baccarat dealers failing to charge 10 " premium players " the vigorish.
