FOBT
/ɛfəʊbiːˈtiː
/noun British
A type of electronic gaming machine on which players may bet on the outcome of various simulated games and events (such as roulette, blackjack, bingo, and horse races), the odds offered being fixed from game to game: anti-gambling campaigners have asked for tighter regulation of FOBTs...
- Campaigners say clusters of betting shops make it easier to circumvent the rules which only allow four FOBT machines per shop - by opening another shop next door.
- Bookmakers are becoming increasingly reliant on FOBT for revenue, with more than 80 per cent of their turnover coming from such machines.
- If you've just blown 100 quid on a FOBT and the next guy on wins with his first spin, it can be a tad annoying.
Origin
Early 21st century: abbreviation of fixed-odds betting terminal.
- unmirthfully
- unmischievous
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- unmisgiving
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- unmist
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- unmitigable
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