the action of gambling money on the outcome of a race, game, or other unpredictable event:football pools and other forms of betting
the odds offered by bookmakers on the outcome of races, games, etc.:Atlantic Way headed the betting at 2-1
Phrases
the betting is
informal it is likely:the betting is that the company will slash the dividend
in (or out of) the betting
likely (or unlikely) to be among the winners of a horse race and given appropriate odds:a formidable Irish challenge, with the first seven horses in the betting all being trained across the water
what's the betting?
British informal used to express a belief that something is likely:what’s the betting he’s up to no good?
betting in other Oxford dictionaries
Definition of betting in the US English dictionary