Meaning & Definition of word "Bet"

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!