Re: Who pays the vig: The loser or the winner??
I think the best example is playing roulette. If you and a friend each place 10$ on different numbers and his doesn't hit, he just loses his 10. But, if you hit yours you get $360 (I don't know roullette odds well enought). But, you should have gotten back $380. So, did you friend pay or did you? In this example, it is obvious that you paid.
craig
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