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Betting pool: meaning, definitions and examples

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betting pool

[ ˈbɛtɪŋ puːl ]

Noun

^{Context #1 | Noun}

gambling

A betting pool is a form of gambling where people bet money on the outcome of a particular event, game, or competition. Participants contribute a certain amount of money to a common pool, and the winnings are distributed among those who correctly predict the outcome.

Synonyms

betting circle, betting syndicate, gambling pool.

Which Synonym Should You Choose?

Word	Description / Examples
betting pool	A group of people pooling money for a common bet, often seen in casual, informal settings. We organized a betting pool at work to see who can guess the winner of the Super Bowl The office betting pool is very popular during March Madness
gambling pool	Similar to a betting pool but often used in contexts where the focus is more on casual gambling rather than specific bets on events. The gambling pool grew bigger as more neighbors joined in During the holiday season, they set up a gambling pool for a local charity event
betting syndicate	A more organized group, often professional, pooling resources to place large bets, usually implying a strategic or coordinated effort. The betting syndicate managed to secure a substantial win on the horse races Syndicates like these are known for their strategic and analytical approach to betting
betting circle	An informal group of friends or acquaintances who regularly place bets together, usually in a relaxed environment. Tom's betting circle meets every Friday night to bet on the weekend football games In her betting circle, they sometimes bet on less conventional sports

Examples of usage

People at the office set up a betting pool for the Super Bowl, with each person putting in $10.
We organized a betting pool for the upcoming election, with the winner taking home the entire pot.

Translations

Translations of the word "betting pool" in other languages:

🇵🇹 bolão

🇮🇳 सट्टा पूल

🇩🇪 Wettring

🇮🇩 kolam taruhan

🇺🇦 ставковий пул

🇵🇱 pula zakładów

🇯🇵 賭けプール

🇫🇷 cagnotte

🇪🇸 pozo de apuestas

🇹🇷 bahis havuzu

🇰🇷 베팅 풀

🇸🇦 مجموعة الرهانات

🇨🇿 sázkový fond

🇸🇰 stávkový fond

🇨🇳 投注池

🇸🇮 stavni sklad

🇮🇸 veðpool

🇰🇿 бәс тігу қоры

🇬🇪 საფულე

🇦🇿 mərc hovuzu

🇲🇽 pozo de apuestas

Etymology

The concept of a betting pool dates back centuries and has been a popular form of gambling in various cultures around the world. The idea of pooling resources to bet on the outcome of an event can be traced to ancient times when it was a common practice among friends, families, or communities. Over the years, betting pools have evolved to include a wide range of events, from sports competitions to political elections. Despite regulations and restrictions on gambling in many jurisdictions, betting pools continue to be a popular and social form of entertainment.