What does vigorish mean?

Vig, or vigorish, is the cut or amount charged by a sportsbook for taking a bet. The sportsbook only collects the vig if the bettor loses the wager. The amount of the vig is part of the odds for all bets.

Essentially, the vig is the equivalent of a fee or commission that online sportsbooks charge. It helps to make sure that the book makes money regardless of how a game goes. By extension, it also has a direct impact on the potential profits for bettors.

This amount can vary from sportsbook to sportsbook.