What does vig mean?

[BettingGeek]

Been used plenty of time here...

[Powderguy]

Juice

[Dirty Sanchez]

Vinaigrette...it's used on saluds!

[mr. leisure]

vigorish ..

• 1. A charge taken on bets, as by a bookie or gambling establishment.

[pavyracer]

short for vigorish

For example:

-110

If equal amount of bettors bet each team then when the book pays the winners they would make 10% profit assuming all bets were equal in money and split exactly between teams.