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2017 Word of the Year

pyramid bet

noun
1.
a set of bets on two or more horse races or other sporting events in which the stake and winnings from the first bet automatically become the stake in the next bet, and so on as long as each bet wins.
Also called if-come bet.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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