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\ 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
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Merriam-Webster unabridgedWords at Play
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Time Traveler for put-and-take
The first known use of put-and-take was in 1921
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