Related Clues:

• Seedy saloons
• Seedy bars
• Makes a wager
• Olympic events
• Jackknife and others
• They can be hedged
• They're placed at tracks
• Makes things interesting, in a way
• Bookie's business
• Track actions
• Superfectas, e.g.
• Takes the odds
• Shabby joints
• Red and black, perhaps
• Plunges into water