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Definition of bet
verb (bets, betting; pastand past participle bet or betted)
- 1 [no object] risk something, usually a sum of money, against someone else’s on the basis of the outcome of a future event, such as the result of a race or game:betting on horses [with clause]:I would be prepared to bet that what he really wanted was to settle down [with object]:most people would bet their life savings on this prospect
late 16th century: perhaps a shortening of the obsolete noun abet 'abetment'