Meaning & Definition of word "Bet"

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    Bet

    /bɛt/

    noun:

    • 1. An agreement between parties regarding the outcome of an event, typically involving a wager of money or something of value.
      • Example: I placed a bet on the horse race at the track.
    • 2. The amount of money or value wagered in such an agreement.
      • Example: My bet was twenty dollars on the game.

    verb:

    • 1. To stake a sum of money or something of value on the outcome of an event.
      • Example: I bet that the home team will win the championship.
    • 2. To make a prediction or assume something will happen.
      • Example: 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 of bet

    Meaning: Used to express agreement or affirmation.

    Example Sentence: Bet, I'll be there at 8!

    Meaning: A phrase indicating confidence in something happening.

    Example Sentence: It's gonna be lit, bet!

    Meaning: To imply that one is assured about a situation.

    Example Sentence: You betcha, I'm ready for that challenge!