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Next to grace the NJ online sportsbook market with its impending launch and soon following in Indiana is Vigtory Sportsbook. Based out of Chicago, this betting site isn't looking to make a splash with the sports you can wager on or live sports betting like so many other sportsbooks offer, instead, they're looking to give you a benefit directly by offering a lower "vig", otherwise known as vigorish or juice in the industry.
That means as some sportsbooks offer -110 odds, you'll receive -105 or better odds at Vigtory, according to Founder and CEO Sam Rattner. Over time, this could prove to be big savings for you whether you win or lose, since you're "paying" up to $10 for every $100 you wager when you receive -110 odds (bet $110 to win $100) while paying $5 or less for every $100 you wager at Vigtory (bet $105 to win $100).
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You may have never heard the name Vigtory Sportsbook before, but that makes sense. This Chicago-based company was started in 2019 by Sam Rattner to give something to sports bettors that no one else has been doing: a lower fee for every wager to lower the house edge and give repeat customers an incentive to bet (and bet big if you can) knowing Vigtory is taking less of a cut.
While Illinois sports betting is legal in the state, Victory is concentrating on the New Jersey sports betting and Indiana sportsbook markets first, starting in late 2020. With it will come a solid first deposit bonus and apps for both Android and iOS devices.
The name Vigtory comes from vig or vigorish, which along with the term "juice" is used to describe the cut a sportsbook would take from each sports bet. This is tucked into the odds you receive for certain bets, especially spread bets which are usually the same on both sides of the bet.
For example, an NFL game between the Seattle Seahawks and the Philadelphia Eagles has the Seahawks as a -6.5 favorite with -110 odds. On the flip side, you can also bet the Eagles at a +6.5 at a -110. While you could still make a pretty penny betting either way if you win, you are further away from doubling your money on each bet. You'd have to bet $110 to win $100.
In Vigtory's case, these bets would be at -105 odds or better, saving you a good chunk of cash every time you bet as well as in the long run. Your "vig" would be $5 for every $100 wagered or less depending on what sport you're wagering on. This is very interesting compared to many other big-time sports betting sites.
When Vigtory Sportsbook officially launches in New Jersey and Indiana, we will have more information on the Vigtory bonuses that it'll be offering. We do have information on its possible first deposit bonus and will update that section with more information when it's available.
Vigtory Sportsbook currently doesn't offer a no deposit bonus upon signup. Some other sportsbooks do offer a bonus bet or free credit when you register, so if Vigtory does down the line, we will update this section with its details.
Vigtory gives a great first deposit bonus that doesn't make you jump through hoops or deposit a lot of money to receive it. You can get up to a 300% match on your first deposit, as those who deposit $50 or more will get a $150 bonus to use on the site. You only need to wager this bonus once to receive your winnings back as withdrawable cash.
The Vigtory first deposit bonus is the only bonus of its type offered at the site, so they currently don't have a risk-bonus bet. If they offer it, we will update this section with the information.
Like many other online sportsbooks in New Jersey, we fully expect a lot of Vigtory Sportsbook promotions that will benefit repeat users of the site. Read on for some examples of what we will be looking for at Vigtory.
No new online sportsbook should be without odds boosts, and Vigtory is no exception if they look to keep pace. This is a great way to get better odds on certain wagers you may have been looking to make to begin with, or to entice you to bet in new markets or props you haven't bet before. These come in the form of daily odds boosts and ones centered around big events like playoff games or the Super Bowl. Always look toward odds boosts to see what's being offered if you can get a great deal on something that interests you.
Deposit bonuses are always a good deal at online sports betting sites like Vigtory. A common example is receiving a 50% deposit bonus on your next deposit, usually up to a certain amount. So if you deposited $100 with this Vigtory bonus promotion, you'd receive $50 free as a bonus and get to wager with that amount. Any winnings you'd receive from that bet, you can withdraw as cash.
Launching close to the Super Bowl has its benefits for Vigtory, and can benefit you when they launch NFL Super Bowl promotions! These can come in the way of new markets, odds boosts, deposit bonuses, and more. Always look out for new Vigtory promos when big sporting events or holidays are upcoming.
Lots of sportsbooks are offering profit boosts on parlays to further entice you to wager, whether it's NFL, NCAA Football, NBA, or more. You'll sometimes see a 25% boost on your next wager and watch your odds go up as you create your next parlay. It can be a real boost if it lands, so look out for it at Vigtory!
Vigtory will offer the same sports as most other online sportsbooks in the country, such as:
Combine them with the number of ways you can wager on these sports, and the opportunities to win are endless! You may be familiar with moneyline (single-game bets) and spread bets, but there are many other types of wagers you can make at Vigtory Sportsbook, including:
More and more, people are looking for sports betting sites to offer live sports betting, also known as in-game betting, and Vigtory won't be left behind as they offer this attractive style of betting on its site. Now the betting doesn't end with the start of the game, as you can make wagers depending on the ebb and flow of the live game. This is a great complement to NFL and NBA bets, as you can take advantage of live odds during the game and possibly make money off a comeback or even hedge your initial bet.
We have yet to see any information about a Vigtory Sportsbook VIP or Rewards program, but if they do offer it, we will update this section to include the information.
To keep pace with the current climate in New Jersey and Indiana, Vigtory ensures you can bet on sports anywhere in those states with its Vigtory Sportsbook app. This app can be used on both Android and iOS products like iPhones and iPads, ensuring you'll have a way to wager no matter what you have or where you are in the state.
While the Google Play Store currently prohibits gambling apps in their store, you can easily download and install the Vigtory Sportsbook App for Android yourself through the Victory site. Follow the directions below for this one-time installation and you shouldn't have a problem with the app going forward:
The Vigtory Sportsbook Apple App is an easier installation since the App Store doesn't prohibit gambling apps as Android does. After signing up through us, simply navigate to Vigtory's mobile download page on your Apple device, or search for Vigtory Sportsbook yourself in the App Store.
When you're ready to sign up and take advantage of that great Vigtory first deposit bonus, here are the deposit options that are presented to you:
Make sure you deposit the minimum of $50 to get the Vigtory welcome bonus. All deposit methods should credit your account instantly or within 24 hours. Contact Vigtory Sportsbook customer service using the methods below if you don't see your deposit show up after 24 hours.
Most of the same methods for deposits are also available when you're ready to withdraw your winnings from your Vigtory Sportsbook account, except you aren't able to transfer cash to your debit or credit card:
Most withdrawals for these methods (besides Check By Mail) take between 24-72 hours to show up in your account, depending on the amount you're withdrawing. If you request a check by mail, please note it could take up to and including 10 business days for you to receive it.
Vigtory knows it takes more than just a financial benefit for customers to be happy with their product. That's why Vigtory makes a concerted effort to offer support should a problem arise. Whether it's a technical issue or a financial one, you can get answers right away from the site.
Before you contact Customer Service, head over to their Help section for answers to the most common issues, including technical support, mobile app support, and what to do if your deposit hasn't been credited yet.
If you have a question that needs assistance right away, Vigtory has you covered with multiple contact options:
If you would like to know more about problem gambling or think you may need to speak with someone, you can find great resources on the NJ DGE's website about Self-Exclusion. You can also contact the helpline; 1-800-GAMBLER.