Re: Who pays the vig: The loser or the winner??
Think about poker. In poker the winner pays the rake. I'd argue in sports betting the vig is similar. But it doesn't really matter, as you should make bets that you calculate to be +EV, and it doesn't matter what the vig is or who pays it.
If you think -110 is a good line on something it shouldn't matter if the other way is offering +110, pk, -110, or -120. If you think risking 110 to win 100 is a +EV bet, make it and ignore the vig.
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