takeout
n.— «The OJC receives 9.5 cents per dollar wagered through the mutuels and turns back approximately 50 per cent of its takeout to the horsemen in purses.» —“Backstretch bookmaking at racetrack, OPP charge” by James Golla Globe and Mail (Toronto, Can.) Jan. 17, 1978. (source: Double-Tongued Dictionary)
Further reading
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
A documentary film called My Beautiful Stutter follows youngsters at a summer camp specifically for stutterers. It’s a place for finding acceptance, support, and confidence for navigating the larger world. And:, “The High Priestess of...