Home » Dictionary » Calcutta wager

Calcutta wager

Calcutta wager
 n.Gloss: a form of gambling on a sporting event involving multiple contestants in which each contestant’s name is auctioned off to observers. At the end of the event, the high bidder for a winning contestant’s name receives a percentage of the total amount taken in by the auction. Note: Also known as the “Calcutta auction” or just a “Calcutta,” this gambling is regulated by American law but has been associated with golf, billiards, and other sports. «This is not for fishing, mind you, but for guessing which of the actual anglers in the competitions will place highest, and in what order. It is suspiciously like what is known as the “Calcutta” wager in saltwater fishing tournaments, except for one important difference, which makes Fantasy Fishing legal, while Calcutta’s are not; there is no entry fee and no bet is required.» —“What’s Next? Fantasy Fishing Will Reel You In” by Frank Sargeant TBO.com (Tampa Bay, Florida) Dec. 19, 2007. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

When Pigs Fly (episode #1571)

Don’t move my cheese! It’s a phrase middle managers use to talk about adapting to change in the workplace. Plus, the origin story of the name William, and why it’s Guillermo in Spanish. And a five-year-old poses a question that...

The Wheels Came Off

A listener named Tami contacted the show by WhatsApp to say that whenever someone would be talking about a subject that nobody else knew anything about, her father-in-law would respond with I had one of those, but the wheels came off. This is part...