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Vig vs Ious - What's the difference?

vig | ious |

As nouns the difference between vig and ious

is that vig is a charge taken on bets, as by a bookie or gambling establishment while IOUs is plural of IOU.

vig

English

Noun

(en noun)
  • (slang) A charge taken on bets, as by a bookie or gambling establishment.
  • * 2009 , Wayne L. Winston, Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics , page 256,
    • The bookmaker's mean profit per dollar bet is called vigorish or “the vig.” In our example, 11 + 11 = $22 is bet, and the bookmaker wins $1 so the vig is 1/22 = 4.5%.
  • (slang) Interest from a loan shark's loan.
  • * 1973', '', quoted in '''2009 , Ellis Cashmore, ''Martin Scorsese's America , page 118,
    • “You charged a guy from the neighborhood $1800 vig ?” he asks incredulously (“vig” is short for vigorish , meaning a rate of interest from a loan from an illegal moneylender).
  • * 2005 , F. P. Lione, The Crossroads , Midtown Blue Book #2, page 100,
    • The guy was probably professional muscle, a leg breaker who collects vig for a loan shark. (Vig is a mob term for interest on loans to a loan shark.)
  • A commission, finder's fee, or similar extra charge.

    • Synonyms

    * vigorish * juice * overround ----

    ious

    English

    Noun

    (head)