bet1 S1 [bet] v past tense and past participle bet present participle betting
1.) [I and T]
to risk money on the result of a race, game, competition, or other future event
How much do you want to bet?
bet (sb) that
He bet me £10 that I wouldn't do it.
bet (sth) on sth
She bet all her money on a horse that came last.
bet against
I wouldn't bet against him winning the championship this year.
2.) I bet
I'll bet
a) used to say that you are fairly sure that something is true, something is happening etc, although you cannot prove this
I bet Nigel's sitting at home now laughing his head off.
Bet you wish you'd arrived earlier.
I bet you she won't come.
b) used to show that you understand or can imagine the situation that someone has just told you about
'God, I was so angry.' 'I bet you were.'
'It makes things much easier.' 'Yeah, I'll bet it does.'
c) used to show that you do not believe what someone has just told you
'I'm definitely going to give up smoking this time.' 'Yeah, I bet!'
3.) you bet!
spoken used to emphasize that you agree with someone or are keen to do what they suggest
'Going to the party on Saturday?' ' You bet!'
4.) you (can) bet your life/your bottom dollar
spoken used when you are sure that you know what someone will do or what will happen
You can bet your bottom dollar he won't be back.
5.) (do you) want to bet?/wanna bet?
spoken used to say that you think something that someone has just said is not true or not likely to happen
'I'm sure Tom'll be here soon.' 'Wanna bet?'
6.) don't bet on it
I wouldn't bet on it
spoken used to say that you do not think something is likely to happen
He said he'd finish by tomorrow, but I wouldn't bet on it.
bet 2
bet2 n
[Date: 1500-1600; Origin: Perhaps from abet 'support, help' (14-16 centuries), from abet 'to help']
1.) an agreement to risk money on the result of a race, game etc or on something happening, or the money that you risk
a £50 bet
bet on
A few of us had a bet on who'd get married first.
place/put/lay a bet
We placed bets on three horses.
Bookmakers are already taking bets on the outcome.
win/lose a bet
If he scores now, I'll win my bet.
2.) your best bet
spoken used when advising someone what to do
Your best bet is to put an advert in the local newspaper.
The train might be a better bet.
3.) a good/safe bet
an action or situation that is likely to be successful or does not involve much risk
If you're looking for long-term growth, the government's own saving certificates are a pretty good bet.
hedge your bets athedge2 (2)
4.) it's a safe/sure/fair bet (that)
spoken used to say that something seems almost certain
I think it's a pretty safe bet that he'll get the job.
5.) my bet
spoken used when saying what you expect to happen in the future
My bet is he'll be back this time next week.
6.) do sth for a bet
to do something stupid, dangerous etc to win money from someone or to prove that you can do it
He climbed the tree for a bet.

Dictionary of contemporary English. 2013.

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