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Definition of bet
verb (bets, betting; past and past participle bet or betted)
- 1 [no object] risk a sum of money or valued item against someone else’s on the basis of the outcome of an unpredictable event such as a race or game:he bet on baseball games [with clause]:I would be prepared to bet that he wanted to leave [with object]:most people would bet their life savings on the prospect
late 16th century: perhaps a shortening of the obsolete noun abet 'abetment'