Field Bet

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Field Bet

The act or practice of buying stocks in several companies in the same, declining industry. The idea behind a field bet is to accept the losses for a time, hoping that several companies will go bankrupt and that the remaining companies will reform themselves, resulting in solid gains. Field betting is a highly risky strategy.
References in periodicals archive ?
Filipino track and field bets get their turn to test world-class opposition when centerpiece athletics begins in the 29th Summer Universiade at Taipei Stadium Wednesday.
Finally, we are happy to field bets on the draw in the Community Shield where the general belief of a tight game between Manchester United and City may not materialise at Wembley tomorrow.
Best Craps - Isle of Capri in Tunica offers 30 times odds, plus they pay triple on 12 for field bets.