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Blackjack Lex

- Blackjack Dictionary -

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V

Var
An abbreviation for variance.
Variance
This can be determined by subtracting the expected value from each possible outcome in a game or hand, squaring the differences and multiplying each square by its probability of occurring and then summing the total of the product.?!
Vig
1. A colloquial expression for the house advantage on a game. 2. Used to describe any fee collected for play. It derives from a gangland term for the interest charged by loan sharks and is short for vigorish.
Vp
The acronym for Video Poker.

 

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