A-Z Sports Glossary and Terms
Find the definition of the most used terms and words on the sports gambling industry. Make your search bellow in an easy way to find an accurate and clear definition in a secure and quick way. Make sure spelling is correct for better results.
There are currently 3 Terms in this directory beginning with the letter V.
Sports Betting Glossary
From A to Z
Value BetA bet where the theoretical likelihood of an event occurring exceeds that of the odds given by the bookmaker. These bets provide value to bettors.
VigAn abbreviation of the term “vigorish.”
VigorishAnother term for juice; the vigorish is the margin sportsbooks build into their odds to guarantee that they make a profit. For example, if they believe the outcome of a game is 50/50, they will not post odds of 2.0 for each side; they will often post odds of 1.90 or 1.85 for either side, giving them either 10% or 15% vigorish on the bet.
