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W
| Wager | US term for bet. |
| Win | The term used to describe a 1st place finish. |
| Win and Place | Similar to an Each Way bet, but whereas with Each Way you stake the same amount of money on 'each way' of winning (one way is for your selection to win outright, the other way is for it to get a place), with a Win And Place bet you can specify different stakes for the win part and the place part of the bet. |
| Winnings | See net win. |
| Wise Guy | An established and successful bettor who makes his living from betting. |
| Wood | Laying points. |
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