2)short for "vigorish" used in gambling;When wagering on a straight wager (point spread or total), you lay a certain amount of money to win a smaller amount of money. The difference between what is wagered and what is won is called the 'Juice' or 'VIG'. This 'Juice' or 'VIG' is one of the ways a sports book makes its money. In football and basketball the 'Juice' (or 'VIG') is 10%. In other words, for every $110 wagered you will win $100. If you lose the wager, you lose $110. If you win the wager, you get the $110 'Juice' refunded to you, plus the $100 in winnings ($110 + $100 = $210 total paid back to your account).
joe, "he wants 1 point over the vig"
2)joe, "i wonder what the vig is for the jay hawks, huskers game?"
loan shark - "exactly. just keep these weekly payments coming or i will break your legs"
2)a percent expected to be paid back from a loan.
3)the juice or cut to be lost or refunded(by winning) in gambling.
2)that loan shark "Shorts" wants his full payment back soon.
3)the vig on the mets, sox game is 10%.