auction pool

auction pool
A system of placing wagers on horse races which for a time was successfully operated as an evasion of gaming laws. James v State, 63 Md 242, 248.

Ballentine's law dictionary. . 1998.

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  • auction pool — noun : a betting pool in which selections (as of starters in a horse race) are sold at auction, the auctioneer usually retaining a percentage of the pool * * * auction pool, a system of betting in which the bets are sold at auction …   Useful english dictionary

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  • Cal|cut|ta — «kal KUHT uh», noun. a sweepstakes by auction pool in which participants bid to win on players in a match or horses in a race that are auctioned off. ╂[probably < Calcutta, India] …   Useful english dictionary

  • Pitch (card game) — Pitch Origin United States Alternative name(s) Setback, Auction Pitch, Bid Pitch, Smear Type Trick taking Players 2 7 (4 best) Cards 52 Deck Anglo American …   Wikipedia

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