Definition of "bet"
noun:
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A wager, an agreement between two parties that a stake (usually money) will be paid by the loser to the winner (the winner being the one who correctly forecast the outcome of an event).
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A degree of certainty.
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Alternative form of beth.
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verb:
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To agree that payment be made to the successful forecaster of the result of an event (usually sporting) by the other party in the agreement. To make a guess about the outcome of an event.
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To be sure of something; to be able to count on something.
from Wiktionary, Creative Commons Attribution/Share-Alike License -
To place money into the pot in order to require others do the same, usually only used for the first person to place money in the pot on each round.
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