Gambling terms, explained straight

A–Z index

Gambling terms beginning with V

6 terms under V, each with a one-line summary. Follow a term for the full explanation.

Value bet Poker
A value bet is a poker bet or raise placed when the bettor believes worse hands will call, making the play profitable over time.
Value of queen in blackjack Casino games
In blackjack, a queen adds exactly ten points to the total of any hand it is part of, the same as every other face card.
Vig betting Sports betting
Vig betting is not a distinct wager type;
Vig meaning Sports betting
Vig (short for vigorish) is the commission a bookmaker builds into the odds of a bet, ensuring they profit regardless of the outcome.
Vigorish Sports betting
Vigorish is the bookmaker's fee or margin built into the odds on a wager, ensuring the house profits regardless of the outcome.
Vigorish betting Sports betting
Vigorish betting is any wager priced with a bookmaker's built-in margin, so the odds include the bookmaker's expected profit rather than reflecting…