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The Vig

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Posts: 5
 
Prospect
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Joined: Aug, 2018
Posts: 3
Posted: #1

I assume that if I bet $110 to win $100 that my profit is only $90 or do I get the Vig back and the profit is $100.

 

 
Covers Referee
Participation Meter
Joined: Aug, 2001
Posts: 51509
Posted: #2
Hello,

Are you referring to the King of Covers contest?

If you are, the same as most books, if you bet to win $100, you would win $100.

- CT
Winning Starts Here
 
Prospect
Participation Meter
Joined: Aug, 2018
Posts: 3
Posted: #3

Thank you CT- What I'm trying to verify is like I bet 110 on an NFL game, 10 of that is the vig.  My pick wins and I assume I get

the 110 back plus 100 for the win.  Do I have that right?

 
Covers Referee
Participation Meter
Joined: Aug, 2001
Posts: 51509
Posted: #4
Hello,

If the pick was correct you would receive the $110 back plus the amount to win, in the situation above it would be $100.

- CT
Winning Starts Here
 
 
Prospect
Participation Meter
Joined: Aug, 2018
Posts: 3
Posted: #5

Thank you sir.

 

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