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English definition of “bet”

bet

noun [C]
 
 
/bet/
an act of risking money on something that may happen in the future: make a bet on sth A lot of people made a bet on housing and lost.a bet pays off He borrowed heavily to start the business, and the bet has paid off.
a guess or opinion: Jenson's bet is that properties will remain scarce and rents will keep rising. → See also spread bet
a fair/good/safe bet something that is likely to happen or have a good result in the future: The bank says this account is a safe bet and a good alternative to investing in shares.
sb's best bet the decision or choice that someone can make that is likely to have the best result: Your best bet would be to sell the shares.
(Definition of bet noun from the Cambridge Business English Dictionary © Cambridge University Press)
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