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Vig Rebate
sports bettingA vig rebate, or vigorish rebate, is a discount or cashback offered by a bookmaker on the commission they charge for taking a bet. This is a promotional tool used to attract and retain customers.
Key Takeaways
- 1A vig rebate, or vigorish rebate, is a discount or cashback offered by a bookmaker on the commission
Vig Rebate
A vig rebate, or vigorish rebate, is a discount or cashback offered by a bookmaker on the commission they charge for taking a bet. This is a promotional tool used to attract and retain customers.
Example
The online sportsbook offered a 10% vig rebate on all losing bets for the week.
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