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 ?
EJ Obiena rips national mark, cops Universiade gold !-- -- Olmin Leyba (The Philippine Star) - July 14, 2019 - 12:00am MANILA, Philippines Filipino pole vault star EJ Obiena smashed the national mark as he put up a golden performance at the 2019 Summer Universiade last Friday in Napoli, Italy, sustaining the string of record-breaking feats by Philippine track and field bets recently.
"I was made to choose the speaker," Duterte said during the appreciation dinner held in honor of former President and House Speaker Gloria Macapagal Arroyo at the Manila Hotel Tuesday night, recalling the circumstances surrounding his decision to field bets for the speakership race.
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.
In the 2017 SEAG in Malaysia, PH track and field bets took home 18 medals: five golds, three silvers, and 10 bronze medals.