bets Definition
- 1an agreement between two parties that a sum of money will be paid by the loser to the winner of a specified bet based on the outcome of an event or game
- 2the act of risking something, typically a sum of money, against someone else's on the basis of the outcome of a future event, such as a race or game
Using bets: Examples
Take a moment to familiarize yourself with how "bets" can be used in various situations through the following examples!
Example
I placed a bet on the horse with the highest odds.
Example
He won a lot of money from his bets on the football games.
Example
They made a bet on who could finish their meal first.
Example
She lost all her money on a bad bet.
bets Synonyms and Antonyms
Phrases with bets
Example
I'm going to place a bet on the roulette table.
Example
I'll take that bet and raise you $50.
Example
He's hedging his bets by investing in both stocks and bonds.
Summary: bets in Brief
The term 'bets' [bɛt] refers to an agreement between two parties that a sum of money will be paid by the loser to the winner of a specified bet based on the outcome of an event or game. It also refers to the act of risking something, typically a sum of money, against someone else's on the basis of the outcome of a future event, such as a race or game. Phrases like 'place a bet' and 'take a bet' are common, as well as the idiom 'hedging one's bets,' which means reducing one's risk by placing additional bets or investments.
