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Wager
Is a transaction on any event where an amount of money is staked.
  
Wagering Stamp
A federal occupational tax for gamblers.
  
Waterfall
A variation of a "Round the Clock" bet on three or more selections where money in hand is invested on to the next horse only, for example, (ABC) £1 win A "ATC" £1 win B, £1 win B "ATC" £1 win C, £1 win C "ATC" £1 win A.
  
Wba
World Boxing Association.
  
Wbc
World Boxing Council.
  
Wcuc
World Cricket Umpiring Conference.
  
Wcw
World Championship Wrestling.
  
Welch
To refuse to pay off a bet already made and lost.
  
Whale
A high roller; big spender.
  
White Meat
Profit.
  
Wicbc
West Indies Cricket of Control.
  
Win and Place
This is similar to an each way bet, except that the stake laid to win is greater than the stake laid to place. The punter could for example lay ten pounds on his selection coming first, and a further five pounds on the selection coming second, third or fourth. (Total stake = £15)
  
Win Bet
In this bet, the punter bets that his or her selection will come in first place.
  
Win Only
Betting on a competitor to win an event. Also straight out, or money line betting.
  
Winning Margin
A wager that involves predicting the winning margin of one team over another.
  
Wise Guy
A well-informed or knowledgeable handicapper or bettor.
  
Wnba
Women's National Basketball Association.
  
Wood
Laying points.
  
Working
A dice term meaning that the bets are in play.
  
World Bet
A one-roll dice bet on the horn including the seven.
  
World Series
MLB championship; The final seven games of the baseball playoffs between the two league champions to determine the world champion.
  
Wrong Bettor
A dice player who bets on the Donít Pass Line.
  
Wsc
World Series Cricket.
  
Wsf
World Squash Federation.
  
Wwf
World Wrestling Federation.
  
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