Thread: Who pays the vig: The loser or the winner??
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Old 03-09-2006, 10:31 PM
NajdorfDefense NajdorfDefense is offline
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Default Re: Who pays the vig: The loser or the winner??
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You're "paying" with negative expectation. Both bettors have equally negative expectation (assuming the line is sharp).

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Only one person actually pays though. I have never paid theoretical vig, only actual vig on winning bets.

There are plenty of gamblers who make 1 or 2 big bets, lose 100% of them, and never bet again on a Super Bowl or Final Four. They never pay the vig.

Naj
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