In roulette gambling, for example, the vig can be seen in payoff gambling odds that are based on 36 numbers when there are actually 38 numbers on the wheel. Sports betting has this 5.26% vig inherent in it. It matters not whether you win or lose; the vig is constant and a reflection of the theoretical edge.
Vineyard designated wine. A vineyard designated Cabernet Sauvignon from the Rio Lago Vineyard in the Alexander Valley region of Sonoma Valley, California. A vineyard designated wine is a wine produced from the product of a single vineyard with that vineyard's name appearing on the wine label. Throughout the history of winemaking and viticulture, the differences in quality between one plot of land and another have been observed with the boundaries of these vineyard generally well demarcated.
Wines can be classified primarily by the grape variety used to make the wine and the region where the grapes are grown. Wines classified on the basis of grape variety are called varietals and those classified on the basis of region are named by the region itself. There are different types of wines and wine styles. Basically wines can be classified into two general categories. They are white wines which are colorless and red wines which have the color intensity based on the soaking time. This is the information that most of us know.