 V  |
| Value |
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If you believe that the true odds are lower than the bookmaker is offering, then that is a value bet.
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| Verb |
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The process of giving Prices to possible results.
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| Vig |
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Vig is short for the word 'vigorish'. Also referred to as 'juice' (US). The edge that one side of a bet has to make their advantage.
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| Vigorish |
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Bookmaker's commission, most often refers to the 11 to 10 football bettors lay on straight wagers. Also known as juice.
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| Virgorish |
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The commission the bookmaker receives.
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| Void Bet |
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A bet which is declared invalid. The stake is returned without deduction
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| Volatility |
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Term used to express the range of possible results in a particular Index bet.
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