Word: wager
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This recent incident has in many ways cemented the reputation of the Bush administration: not as a strong and capable wager of the war on terror, but as a dishonorable rule-breaker that chooses to deceive the entire country and jeopardize the seriousness of America’s signatory status to the Geneva Conventions in order to wage a wrong-headed war against the wrong country...
Malaysians are mad about soccer, but if they want to wager a few ringgit on Manchester United or Arsenal, they do so at their own risk: gambling on the beautiful game is illegal in the predominantly Muslim nation. Last year, that situation was headed for change. Earlier this month, news was leaked that tycoon Vincent Tan had been awarded a license to run a national soccer-betting network by outgoing Prime Minister...
...make fun of small-town America," says Wernick. "The thing we actually set out to do was make fun of Hollywood." That would explain the kleptomaniac tendencies of one of Shatner's sham-movie co-stars. Says Wernick: "That was our little shout-out to Winona Ryder." We'd wager that she isn't laughing either...
...were invented, the U.S. press tracked the ups and downs of a huge political-betting market centered on Wall Street. According to University of North Carolina economist Paul Rhode, bettors were remarkably prescient: in 12 presidential elections between 1896 and 1940, the underdog won only once. Today Americans can "wager" on elections online through the Iowa Electronic Markets, a small-scale futures exchange that lets people buy contracts on candidates based on their estimated chance of victory. (At press time, George W. Bush led John Kerry 54% to 46%.) Since its 1988 launch, the I.E.M. has outpredicted election-eve polls...
...Black ambles around Betfair's offices in shorts and a fleece. In his spare time, he still likes to gamble. The next wager he'll need to make is when to take Betfair public, something he insists won't happen for at least 18 months. "We've got to knock the company into shape," Black says. "We want to get the timing right." It's the biggest bet of all, and not something even a seasoned gambler would take lightly. --By Jennie James/London...