loser tax

The monies paid by superior poker players to lesser players by way of long shot draws and bad beats.

"I would have won the tournament if not for the loser tax I had to pay to donkey boy over there"

by Lost... November 17, 2006

Loser Tax

In professional sports, a loser tax is when a team with a history of losing, bad culture, bad circumstances, and/or less than ideal location must pay extra than other teams might have needed to in order to secure the services of a premier player.

The Detroit Lions are probably going to have to pay a loser tax to Ramsey if they want to lure him away from places like Miami or Las Vegas.

by captainbone March 28, 2023