Betting

/ˈbɛtɪŋ/

Meaning & Definition

noun

The action of wagering or gambling on an uncertain outcome.

Betting on football games is popular among sports fans.

An arrangement in which a participant stakes money on the outcome of a game, race, or other event.

He lost a significant amount of money due to his betting on horse races.

The total amount of money wagered in a particular event or among a particular group.

The betting for the championship game reached an all-time high.

The act of making predictions about future events based on odds.

She enjoys betting on which team will win the tournament.

verb

To place a bet or wager on the outcome of an event.

He is betting on the next horse race to win some extra cash.

To make a risk or gamble regarding future events.

They are betting that the stock market will recover soon.

To express a strong opinion or conviction about something.

I bet you'll enjoy the concert; it's going to be amazing.

Middle English 'beten', from the Old English 'betan', meaning 'to make better; to improve'.

high stakes:

A situation involving significant risk or potential reward.

betting odds:

The ratio that reflects the likelihood of a particular outcome occurring.

place a bet:

To make a wager on an event.

bet your bottom dollar:

To be very sure about something; to be certain.

Bookmaking

He's been bookmaking since college, taking bets from classmates.

Action

He's got a lot of action on the game tonight.

Chalk

The chalk favorites are always popular for betting.

Sharp

He's a sharp in the betting world, always making informed wagers.

Fade

I decided to fade the public and bet on the underdog.