Everybody Pays A Vig: One Man's Philosophy on Banking, Investing, Financial Literacy, Education, Race, Religion and Family.  

If you don't know what a vig is, it is simply a part of you that you are never getting back. In gambling terms, a vig is money you pay a bookie whether you win or lose; the guy taking the action is always making money. Now you'll see my thought process on banks, investments, financial literacy, education, race, religion, family, and everything else you can have odds on. That's the vig, the juice of life. Who are you giving your vig to.? I want to know, so tell me. Don't be afraid. You've already been conned by life. Fight or flight... you choose.

DEFINITION FROM wikipedia:

Vigorish, or simply "the vig", also known as "juice" or "the take", is the amount charged by a bookmaker for his services. The term is Yiddish slang originating from the Russian word for "winnings", vyigrysh. Bookmakers use this concept to make money on their wagers regardless of the outcome. Because of the vigorish concept, bookmakers should not have an interest in either side winning in a given sporting event. They are interested, instead, in getting equal action on each side of the event. In this way, the bookmaker minimizes their risk and always collects a small commission from the vigorish. The bookmaker will normally adjust the odds (or "line") to attract equal action on each side of an event.