stranger-originated life insurance n.— «In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s...
STOLI n.— «In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s called Stranger-Originated Life...
breakage n.— «Breakage is even more insidious. Breakage is the downward rounding of the odds on the tote board, and consequently the amount paid on winning bets. A horse who may be 5.8-1 will be rounded down to 5-1, a significant...
hooker n.— «Hook: An invaluable offensive tool in the fight game, but only a precious few are able to use it to devastating effect. Those who can and do, are often referred to as “hookers”, and not in the pejorative sense. De La Hoya is a...