Which term is used for wagering on the outcome of a sporting event?

• A. Parimutuel
• B. Arcade Gaming
• C. Sports Betting
• D. Spread

Answer: (C)

Wagering on the outcome of a sporting event is called sports betting. This umbrella term covers all the ways people bet on games—who wins, final scores, margins, props, and more—whether you’re using a bookmaker, a sportsbook, or an exchange. Parimutuel describes a pooling payout system where bets are pooled and payouts come from the pool, common in horse or greyhound racing. Arcade gaming isn’t related to betting on sports. The spread refers to a specific type of bet (the point spread) within sports betting, not the general term for wagering. So the best term for this concept is sports betting.