The Online Casino Juice
The Bookmakers have little concern whether it is a winning or losing bet they collect their share in any case. The Vigorish is used in land based casinos and many site apply the rule as well. Although you may not encounter the rule in every destination you come across, extra gambling info regarding the comprehensive rules which apply to each game is always helpful.
The Vigorish, or the Juice, is used mostly when betting on a sports event, and at the sites it takes on a different meaning concerning table and machine games. Those who place a wager must risk or "lay" $110 to win $100. The $10 is, in effect, a bookmaker's commission for taking the action. This $10 is not "in play" and cannot be doubled by the winning bettor. It can only be lost. A losing bettor simply loses his $110. A winning bettor wins back his original $110, plus his $100 winnings, for a total of $210. In other games, the Vigorish is used as well, with the following meanings. In Poker the Vigorish is the Rake, which is a fraction of each bet placed in the pot, in Baccarat, the Vigorish refers to the 5% commission charged to players win a bet on the "banker" hand. In the game of Pai-Gow, the Vigorish once again refers to the 5% commission on all winning bets and in Craps, the Vigorish refers to the 5% commission charged on a "buy" bet. |
The term "Vigorish" is used often in the online casino industry and just to clarify the term, which is not accepted by "Microsoft Word", the following explanation is presented. Basically, the term has to do with the commission Bookmakers receive from bettors regardless of the wagers outcome. 









