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Old 02-01-2006, 08:31 PM
NajdorfDefense NajdorfDefense is offline
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Join Date: Feb 2003
Location: Manhattan
Posts: 8,227
Default Re: Who pays the vig: The loser or the winner??

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I have seen this discussed and i would really like to know your thoughts on this. If we have two guys who place a bet with a bookie. Each lay -110 on oppossite sides. The loser loses all of his 110, but the winner only wins $100. Who pays the juice? I know the actual answer. But, I want to see what you guys think and maybe I am wrong (doubtful [img]/images/graemlins/smile.gif[/img] ).

craig

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Winners pay, this is a joke, right Craig? Loser lost his bet, he didn't pay any vig. If you bet on Hard 10 at craps and lose, do you pay a vig there as well?

Naj

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I think this is obvious, but many have argued that the losers pay. When I win a bet placed at -110 I am shorted $10. It is obvious who is paying.

craig

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yeah, they have a name for those people, they are called 'suckers.' [img]/images/graemlins/grin.gif[/img]

Naj
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