Gambling

(redirected from bettor)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to bettor: shoeing

Gambling

The act of wagering on an event or a game of chance in which the outcome is uncertain. This includes card games such as poker or bets on sporting events. In U.S. tax, all gambling income, regardless of where or how it was obtained, is taxable income and must be reported to the IRS. Professional gamblers may deduct all gambling losses against gambling income, but casual gamblers may only do so up to the amount of their gambling income.
References in periodicals archive ?
The house and ordinary wagerers were also better off in a situation where the computer-assisted bettor played a diversifying role in the pool.
Bettor Biases, Sports Book Pricing, and Market Efficiency
Lotto differs from most other lottery products because the expected monetary value of a ticket depends on the behavior of other bettors. The expected value also depends on the amount of money rolled over (if any) from the previous drawing's jackpot.
It can be recalled that on May 12, the over P140 million jackpot of Super Lotto 6/49 was won by a lone bettor from Manila, while the more than P79 million jackpot of Ultra Lotto 6/58 was bagged by a bettor from Zambales.
Professional sports bettor Rufus Peabody, who co-hosts the "Bet The Process" podcast, described two typical images of sports gamblers.
Data on bettor information is collected from Covers.com for the 2015-2016 and 2016-2017 seasons with the odds for the spread and over/under market purchased from oddswarehouse.com for the regular season and playoffs provided a sample of 527 games.
To determine how the changes in prices identified in the previous section influences the likelihood of a bettor winning a bet placed on team i, the following regression model is estimated:
Bling Bling Buzz (9.00) can ensure Owen McKenna's big night starts well by justifying short odds in the final of the Bettor.com Social Betting Maiden Trophy final over 480m.
Tropical Park is no more, the nearby Hialeah Race Track is no more, and race tracks all over the country are really hurting for people, let alone the $2 bettor.
A Red Wing bettor must lay $1.50 to win $1.00 while Avalanche backers wager $1.00 to win $1.20.
Butuan bettor wins P61 million lotto jackpot !-- -- Rainier Allan Ronda (The Philippine Star) - August 31, 2019 - 12:00am MANILA, Philippines A lone bettor in Butuan City and another in Mandaluyong City won the jackpots of the 6/49 Super Lotto and 6/42 Regular Lotto, respectively, which were drawn on Thursday night.