Thread: Who pays the vig: The loser or the winner??
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Old 02-06-2006, 05:43 AM
faithdrool faithdrool is offline
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Join Date: May 2005
Posts: 86
Default Re: Who pays the vig: The loser or the winner??
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Actually you are the one who is wrong. You pay the vig when you place the bet, since you will only ever get 91% back (assuming -110). It doesn't matter if you win or lose, you still pay it. It's no different that playing slots or a $10+1 poker tournament. If less than 100% of your bet/buyin etc is returned to the prize pool, you pay vig/rake no matter whether you lose or not.

[/ QUOTE ]

Exactly. You pay the vig when you make the wager, not when the wager is graded.
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