betting on the outcome


betting on the outcome
 Not knowing the end result but wagering on what one believes it will be.

American business jargon. 2014.

Look at other dictionaries:

  • Betting exchange — The term betting exchange is used to describe a form of bookmaking in which the operator offsets its risk perfectly through technology, such that the effect to the customer is that customers are seen to bet between themselves. Coined because of… …   Wikipedia

  • betting shops —    Betting shops appear on every British high street. The following companies operate shops: Ladbrokes (1,906 shops), William Hill, owned by Grand Metropolitan (1,510), Coral Racing, owned by Bass (833) and Stanley Racing (564). Fears of monopoly …   Encyclopedia of contemporary British culture

  • Betting pool — A betting pool, sports lottery, sweep or office pool if done at work, is a form of gambling, specifically a variant of parimutuel betting influenced by lotteries, where gamblers pay a fixed price into a pool (from which taxes and a house take or… …   Wikipedia

  • The Runaway Jury — infobox Book | name = The Runaway Jury image caption = author = John Grisham country = United States language = English genre = Legal thriller novel publisher = Doubleday Books release date = 1996 english release date = media type = Print… …   Wikipedia

  • The Nature of Rationality — is an exploration of practical rationality written by Robert Nozick and published in 1993. It views human rationality as an evolutionary adaptation. Its delimited purpose and function may be responsible for biases and blind spots, possibly… …   Wikipedia

  • betting — n. 1 gambling by risking money on an unpredictable outcome. 2 the odds offered in this. Phrases and idioms: betting shop Brit. a bookmaker s shop or office. what s the betting? colloq. it is likely or to be expected (what s the betting he ll be… …   Useful english dictionary

  • betting plunge — /ˈbɛtɪŋ plʌndʒ/ (say beting plunj) noun the sudden laying of many bets on a particular outcome, as on one runner in a race …   Australian English dictionary

  • 1964 British betting scandal — The British betting scandal of 1964 was a scandal in English association football in which eight professional players were jailed for offences arising from match fixing.Player Jimmy Gauld over several years systematically interfered with matches… …   Wikipedia

  • Arbitrage betting — Betting arbitrage, surebets, sports arbitraging is a particular case of arbitrage arising on betting markets due to either bookmakers different opinions on event outcomes or plain errors. By placing one bet per each outcome with different betting …   Wikipedia

  • Tote betting — The Tote is the only bookmaker in Britain which is allowed to offer pooled bets on horseracing. Other bookmakers offer a Tote service through syndication, while other bookmakers will accept a Tote bet and pay out on exactly the same terms as the… …   Wikipedia