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

  • Auction Pitch — Auction Pitch, a card game which is a popular variationof All Fours. The name is derived from the rule thatthe first card played, or pitched, is the trump suit, and that theeldest hand has the privilege of pitching it or of selling outto the… …   Wikipedia

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  • Glossary of golf — The following is a glossary of the terminology used in the sport of golf. Where words in a sentence are also defined elsewhere in this article, they appear in italics. Contents: Top · 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z …   Wikipedia

  • 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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