put-and-take

noun
\ˌpu̇t-ᵊn-ˈtāk \

Definition of put-and-take 

: any of various games of chance played with a teetotum or with dice in which players contribute to a pool and take from it according to the instructions on the top or dice

First Known Use of put-and-take

1921, in the meaning defined above

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The first known use of put-and-take was in 1921

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