Meaning of “betting” in the English Dictionary

business-english dictionary
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"betting" in British English

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bettingnoun [ U ]

uk /ˈbet.ɪŋ/ us /ˈbet̬.ɪŋ/

the habit of risking money on horse races, sports events, etc.:

Betting can be as addictive as drinking or smoking.

(Definition of “betting” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"betting" in Business English

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bettingnoun [ U ]

uk /ˈbetɪŋ/ us /ˈbeṱ-/

the activity of risking money, for example by trying to guess the result of a race or other future event:

He has worked in the betting industry for many years.
an online/internet betting company
the betting is

informal used to say that it is believed something is very likely to happen or be true:

The betting is, Tim Watts will be appointed to the post.

(Definition of “betting” from the Cambridge Business English Dictionary © Cambridge University Press)

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