A toy throwing disc that is tossed between players has a unique feature of having the compartment in the center filled with a liquid or gel that creates a stabilizing effect. The water disc is a plastic molded flying disc with an outside molded rim and a sealed compartment in the top that holds water, and additionally may hold gel, glitter, colorful beads, decorative parts, etc. The top and bottom of the center portion is clear to make the contents visible from both sides. The center compartment stabilizes the disc by centrifugal force, creating extra speed and stabilization. The compartment also serves as a chamber that allows for attractive designs to constantly change by movement of the liquid and glitter or objects incorporated in the liquid when the disc is tossed.