Common slang for Vigorish, or simply "the vig," which is the fee--usually a percentage--charged by a bookie on all bets. Another term commonly used to mean the same thing is "the take."
According to Wikipedia, vigorish is derived from Yiddish slang originating from the Russian word for "winnings," vyigrysh. Bookmakers use the concept of a vigorish to generate earnings from their books regardless of the outcome of the event being bet on. However, there is no standard formula for calculating vigorish though they are generally formulated so the bookie receives equal action on both sides of the event, therefor having a "balanced" book.
In the U.S. "the juice" can also refer to the interest on a loan/debt--generally in relation to a loan shark.
According to Wikipedia, vigorish is derived from Yiddish slang originating from the Russian word for "winnings," vyigrysh. Bookmakers use the concept of a vigorish to generate earnings from their books regardless of the outcome of the event being bet on. However, there is no standard formula for calculating vigorish though they are generally formulated so the bookie receives equal action on both sides of the event, therefor having a "balanced" book.
In the U.S. "the juice" can also refer to the interest on a loan/debt--generally in relation to a loan shark.
With a 4.55% vig, the juiced odds require a gambler to lay $110 in order to win $100, while using fair odds the gambler only has to lay $100.
You've got until Friday to pay up; meanwhile, the juice is running.
You've got until Friday to pay up; meanwhile, the juice is running.
by smackhero June 15, 2008
Get the Juice mug.A 1992 film staring Tupac Shakur. One of many *hood* movies made at the given time perioud, such as "Menace to Society" and "Boys in the Hood". Yet, where a movie like 'Menace 2 Society' was just a showcase of the gang life, 'Juice' mixes that with an interesting and true-to-life story.
by Mesmerize September 9, 2008
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by Anonymous March 17, 2003
Get the juice mug.extremely interesting gossip
there are rules to receiving and giving juice
1) make a juice group whom you have to tell every single piece of juice you get. no exceptions.
2) once juice is given to you, you must immediately call a juice meeting
3) the vow: no juice shall be spread around carelessly. one cannot be in more than one juice group.
there are rules to receiving and giving juice
1) make a juice group whom you have to tell every single piece of juice you get. no exceptions.
2) once juice is given to you, you must immediately call a juice meeting
3) the vow: no juice shall be spread around carelessly. one cannot be in more than one juice group.
by Lyer June 19, 2007
Get the juice mug.by Marcus Bunny October 8, 2008
Get the juice mug."If you ever watched Jeff Buckley from backstage, you'd have seen three thousand women juice at once."
by a.gerry. April 23, 2009
Get the juice mug.perhaps one of the most wonderous, and versitile words of the english language; it can refer to semen, which is the source of all human life...or steroids which are not only a sometimes necesary form of body enhancement, but a cure for many common health problems. finally it refers to a life giving ambrosial drink that can be made from many things, and usually contains nature's natural sweetness.
1}- i spilled my juice into that girl by accident, and now she's pregnant.
2}- my kid was bor with an underdeveloped lung, but they put him on the juice, and now he's ok.
3}- damn it's hot out and i'm crashing; let's go inside and have a refreshing glass of cranberry juice.
2}- my kid was bor with an underdeveloped lung, but they put him on the juice, and now he's ok.
3}- damn it's hot out and i'm crashing; let's go inside and have a refreshing glass of cranberry juice.
by mescelestus June 11, 2006
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