an agreement in which people try to guess what will happen and the person who guesses wrong has to give something (such as money) to the person who guesses right
the money or other valuable thing that you could win or lose in a bet
a choice made by thinking about what will probably happen
2betverb
to make a bet : to risk losing something (such as money) if your guess about what will happen is wrong
to risk losing (something) when you try to do or achieve something—usually + on
to make decisions that are based on the belief that something will happen or is true
