What does "bet" mean?

Bet: That which is laid, staked, or pledged, as between two parties, upon the event of a contest or any contingent issue; the act of giving such a pledge; a wager. "Having made his bets." Goldsmith.

Additional senses

  1. 2.To stake or pledge upon the event of a contingent issue; to wager. John a Gaunt loved him well, and betted much money on his head. Shak. I'll bet you two to one I'll make him do it. O. W. Holmes.
  2. 3.imp. & p. p. of Beat. [Obs.]
  3. 4.An early form of Better. [Obs.] To go bet, to go fast; to hurry. [Obs.] Chaucer.

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