by HubieHiggs July 23, 2024
Get the Betting on the mule mug.A term coined in urban penitentiaries. Meaning one who gambles without enough capital to cover his end. One who commits this offense in prison usually ends up having to pay with ass - His own. However in a street setting this usually results in a vicious beat down and/or loss of life.
Man, that nigga Sloan bet Rico $5000 on the next Saints game. He's Ass Betting fo' real. He couldn't even make rent this month! Rico 'finna get in that ass!
by BDiddyDaHomewrecker September 22, 2006
Get the Ass Betting mug.Related Words
A good way of losing thousands of Euros in double quick time by backing financial or sports markets to either rise or fall. You bet a (relatively) small amount per point of the index which can fluctuate by hundreds (or if you are (un)lucky thousands) of points within a few weeks. On the plus side, you can open and close your bet at any time - sometimes you might open a position which you could hold on to for as long as 3 or 4 months. If there is rapid activity in your favoured direction, you might get out within hours and take a small profit.
Two examples of spread betting:
1. Dow Jones 'March 2007' might have a spread as follows 11200-11215. If you think the market will go up you buy at 215 hoping it will end anywhere higher than this. If conversely you think that the market will go back into the 10,000s you 'Sell' and wait for the market to fall before closing your position.
2. Cricket bet. England 2nd innings of the 4th Test vs Pakistan. The spread might be something like 295-305. If you think England will score 400+ you might buy this position at 1 Euro per run. If they score 405 you win 100 Euros.
1. Dow Jones 'March 2007' might have a spread as follows 11200-11215. If you think the market will go up you buy at 215 hoping it will end anywhere higher than this. If conversely you think that the market will go back into the 10,000s you 'Sell' and wait for the market to fall before closing your position.
2. Cricket bet. England 2nd innings of the 4th Test vs Pakistan. The spread might be something like 295-305. If you think England will score 400+ you might buy this position at 1 Euro per run. If they score 405 you win 100 Euros.
by Jonathan FeBland (Znethru) August 18, 2006
Get the spread betting mug.by Howard_HUZE May 9, 2017
Get the Ass Betting mug.Homeboy betting (as defined by Shaquille O’Neal on Inside the NBA on TNT) is betting whether or not a team will win, without the use of a point spread system. (I.e. Betting on the warriors to win outright and not mentioning by how many points or the +6 or -6 is enough to win the bet.)
“Hey Kenny, I have a question. Warriors +6 Rockets -6, what’s all that mean; like, whatever happened to homeboy betting?” -Shaq
“That’s not how Vegas make they’re money.” Charles Barkley
“That’s not how Vegas make they’re money.” Charles Barkley
by iSuckAtGamesYo May 6, 2019
Get the Homeboy betting mug.by MSD101 April 29, 2015
Get the esports betting mug.Wagering on how long a newly-hitched couple is gonna stay married. Besides potentially being a significant drain on your financial resources, this unhealthy gambling practice can also reduce bladder-control while you're asleep.
Marriage is a very uncertain thing, so one would have no guarantee of coming out ahead with wed-betting. If it is difficult to resist the temptation just on its own, however, perhaps the prospect of having smelly dampened sheets and blankets could be emporium of a "supplementary" deterrent to prevent you from caving.
by QuacksO January 6, 2020
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