Definición
The bookmaker's built-in margin on a market, the reason both sides of a bet aren't priced at +100. Removing the vig from both sides gives the no-vig fair price.
Términos relacionados
- Fair Price / No-Vig Price — The market price once the bookmaker margin (vig) is stripped from both sides so they sum to 100%. The honest break-even line an edge is measured against.