Bet

/bɛt/

Meaning & Definition

noun
An agreement between parties regarding the outcome of an event, typically involving a wager of money or something of value.
I placed a bet on the horse race at the track.
The amount of money or value wagered in such an agreement.
My bet was twenty dollars on the game.
verb
To stake a sum of money or something of value on the outcome of an event.
I bet that the home team will win the championship.
To make a prediction or assume something will happen.
I bet it will rain tomorrow based on the forecast.

Etymology

Middle English 'bet', from Old English 'hyldan' meaning to have confidence.

Common Phrases and Expressions

You can bet on it
A phrase indicating certainty.
Bet your bottom dollar
An expression meaning absolute certainty.
Take a bet
To agree to a wager or gamble.

Related Words

gamble
To take risky actions or bets.
wager
An agreement between parties regarding the outcome of an event.
stake
The amount of money or object risked in a bet.

Slang Meanings

Used to express agreement or affirmation.
Bet, I'll be there at 8!
A phrase indicating confidence in something happening.
It's gonna be lit, bet!
To imply that one is assured about a situation.
You betcha, I'm ready for that challenge!