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V
| Value | Value is odds offered that a punter believes to be higher than the selections actual chances of winning. This value is perceived by a particular punter and is based on his own judgement. He thinks that the odds do not represent the real chances of a horse winning, but are higher than would be expected. |
| Vig | Short for vigorish. |
| Vigorish | US term to indicate the bookmaker commission (Otherwise known as the "Juice"). |
| Void | A bet that has been cancelled and refunded. |
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