Bet
/bɛt/
Definitions
- (n.) A sum of money or stake wagered on the outcome of an event, especially in gambling contexts.
He placed a bet on the horse race.
- (v.) To risk money on the outcome of a contest or uncertain event; to wager.
She bet $50 on the poker game.
Forms
- bets
- betting
- betted
Related terms
See also
Commentary
In legal contexts, 'bet' usually relates to wagering agreements which may be regulated under gambling law; clarity in contract terms is essential to distinguish enforceable agreements from mere wagers.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.