1
a
: something that is laid, staked, or pledged typically between two parties on the outcome of a contest or a contingent issue : wager
—often used figuratively in such phrases as all bets are off to stress the uncertainty of an outcome
b
: the act of giving such a pledge
2
: something to wager on
3
: a choice made by consideration of probabilities
your best bet is the back road
bet also betted; betting
1
a
: to stake on the outcome of an issue or the performance of a contestant
b
: to be able to be sure that
—usually used in the expression you bet
you bet I'll be there
2
a
: to maintain with or as if with a bet
b
: to make a bet with
c
: to make a bet on
: to lay a bet
between
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Merriam-Webster unabridged
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