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How to Bet on Merriam-Webster Word of the Year

August 20, 2021 148 0
How to Bet on Merriam-Webster Word of the Year

Rookie of the year. Song of the year. Artist of the year. Pop culture does not run out of “blank of the year” awards. People love to celebrate art in various forms, including film, dance, and music. But what many of you fail to remember is the art of the English language.

Fortunately for you, Merriam-Webster commemorates that annually with its choice of “Word of the Year.” They choose winners according to the number of searches on Merriam-Webster’s site, as well as how often they appear in society—daily conversations, news, and social media. And just like other awards, you can bet on the Word of the Year. Read on to find out more.

What is Merriam-Webster Word of the Year?

Unsurprisingly, dictionary sales have been struggling in this internet age. So to gain some much-needed publicity, Merriam-Webster has been holding a Word of the Year contest since 2003. 

According to America’s most trusted online dictionary, “Word of the Year is a glimpse into the minds of Merriam-Webster’s readers: it’s determined by what words dictionary users have been searching,” adding that “The top word of the year is one that has had multiple spikes in lookups, in addition to being more frequently looked up overall.”

Throughout the years, contest structure has evolved several times. But currently, it conducts an online poll and checks website popularity to create a top ten list of remarkable words of the year. From there, one word will come out as the champion.

In recent years, Merriam-Webster Word of the Year has become a rather political conversation. Recent winners include “feminism,” “justice,” and “they,” used in the context of sexual gender identity. That’s a significant shift from early winners such as “woot,” “blog,” and “truthiness.” The complete list of previous winners is as follows:

  • Democracy (2003)
  • Blog (2004)
  • Integrity (2005) 
  • Truthiness (2006) 
  • Woot (2007) 
  • Bailout (2008) 
  • Admonish (2009) 
  • Austerity (2010) 
  • Pragmatic (2011) 
  • Socialism/Capitalism Co-Winners (2012) 
  • Science (2013) 
  • Culture (2014) 
  • -Ism (2015) 
  • Surreal (2016) 
  • Feminism (2017) 
  • Justice (2018) 
  • They (2019) 
  • Pandemic (2020)

How Does Merriam-Webster Word of the Year Betting Works?

If you’re looking to predict which word will win the Merriam-Webster Word of the Year, have your thumb on the pulse of the nation. Keeping a close eye on what’s happening across the globe will give you better winning odds. Take, for example, the contenders of the 2020 Merriam-Webster Word of the Year. You’ll notice an apparent theme to these picks:

  • Zoom
  • Isolation
  • Pandemic
  • COVID-19
  • Community 
  • Coronavirus
  • Self-quarantine
  • Work from home 
  • Social distancing
  • Immunocompromised

Since 2020 was the year of pandemic, the top picks include words frequently used during this time. Betting on the Merriam-Webster Word of the Year is as exciting as other forms of entertainment betting. It has become a popular pastime for bettors who want to try things other than sports betting and casino gambling. 

Tips for Betting on Merriam-Webster Word of the Year

If you fancy novelty, you’ll have fun scouting around to find a betting website that offers an extensive range of markets. You can register to different sites since the variety of odds are different for each betting platform. 

Besides giving you something new, entertainment betting also provides a chance to earn massive rewards while having fun. You can take on more enormous challenges by predicting the result of events according to insight, opinion, and public reaction. Even better, the chance of winning cash makes even the most insignificant happenings look valuable and thrilling. 

Entertainment bets are unique and entertaining. Betting sites can provide you with more options and variety. If you’re planning to bet on the Merriam-Webster Word of the Year, here are some tips:

Place Your Bets Early

When betting on the Merriam-Webster Word of the Year, here’s an insider tip. The early lines of bookies are not as tight as those that are closer to the date of the event. That’s because they have fewer details to work with. Placing your bets early allows you to take advantage of this loophole. 

To get started, look for a sportsbook that offers early entertainment betting odds. You’ll find many that post their lines just a couple of weeks or a month. In that case, it pays to have several betting accounts. 

Stay up to Date With Trends

When it comes to betting on Merriam-Webster Word of the Year, it’s a good idea to follow and stay current with the latest cultural trends and news. That will help place you in a favorable position to make an intelligent judgment. 

Entertainment bets usually depend on understanding public opinion rather than fact or logic. In political betting, you have to set aside your views and decide according to news, popularity, and public reaction. When wagering on a reality show winner, it pays to know which performer is a crowd favorite. Similarly, in betting on Merriam-Webster Word of the Year, pay attention to trending topics.

Compare Odds

As a bettor, note that there’s more to betting on Merriam-Webster Word of the Year than merely predicting the result. Entertainment betting can be serious business if you know what you’re doing. For best results, check and compare winning odds.

Moreover, it’s best to hunt for undervalued sites. That could even mean placing your bet on the underdog if the odds look great. Favorite could be paying less than you might expect. If that’s the case, you’re better off betting on the opposition.

That said, being good at entertainment betting takes a skill that needs time and experience to hone. Nevertheless, lots of potential rewards are waiting. Betting on Merriam-Webster Word of the Year is a fun way to make some decent money if the odds are favorable to you.

Read Predictions

Not to state the obvious, but it’s essential to read predictions from reputable sources instead of bookmakers or betting information pages. For entertainment betting, trustworthy sources include bloggers who concentrate on pop culture or fanatics of movies, TV shows, music, and more. 

These people have a better opportunity to see which underdogs have the chance to upset the bookie’s favorites. There’s also a good chance that they’re more updated on shows than the bookmakers do. The same goes when betting on Merriam-Webster Word of the Year.

Claim a Deposit Bonus

One of the simplest pieces of advice on this list is to sign up with a new bookie and redeem their deposit bonus. Alternately, you can ask your current sportsbook if they offer a reload bonus. This tip is valuable because it’s not easy to make money from entertainment bets. Therefore, you won’t risk your hard-earned cash if you have an option not to. 

Even better, claiming the right bonus could give you hundreds of extra dollars. You can immediately use that to place a bet upon making a deposit. It makes perfect sense to save your funds for less risky, surefire wagers.

Don’t Risk Your Entire Bankroll

The most basic yet essential betting tip you’ll hear is to only risk a portion of your bankroll for your Merriam-Webster Word of the Year bets. You might be asking, how much are we talking? Ideally, no more than 10–20 percent of your bankroll. That way, when you lose all your bets, you still have sufficient funds to win back your bankroll. 

Stick to the Basics of Betting

Ultimately, mastering betting basics can significantly help you win on Merriam-Webster Word of the Year betting. If you wish to make money on your every bet, learn some betting fundamentals. This tip goes beyond Word of the Year betting. Whether it’s betting on the Super Bowl, an NBA game, or The Voice, the basics are the same. 

Final Thoughts 

Placing a Merriam-Webster Word of the Year bet is as fun as just about any entertainment bet there is. It’s relatively more laborious than sports betting since you have fewer data to use at your discretion. Nevertheless, you can take steps to make things easier. Just like reading the tips above, and most importantly, putting them into action. 

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