All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This side of the moneyline is usually listed with a plus (+) sign. Looking for the definition of BET? The bets are rarely legitimate and it's mostly just fun talking. It’s typically used as an exclamation: “Bet!” That has the sense of “Excellent!” or, to draw on a similar slang expression, “Word!” Person 2: "Alright, bet" Person 1: "Bet, then" In both scenarios, if you replied "Ok" or "bet," you should be good. This means that a Multiple bet could provide an opportunity for bettors to magnify their edge. This side of the bet usually listed with a minus (-) sign. Disclaimer. An "If-win bet" is the choice of gamblers concerned with money management or those who like to spread their bets around a number of different games. The slang bet is evidenced by the 1990s, recorded in a collection of campus slang (and likely popularized by Black popular culture). It was an early entry on Urban Dictionary in 2003–04. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win. We can use an example to help calculate how much a bettor would expect to win when they have an edge using two Singles bets and a Multiple bet with the same selections combined. In an if bet, the player wagers a fixed amount on one team, and if that team wins then the original bet amount is passed on to the next matchup, in most cases up to a maximum of seven if-wins. Common futures bets include betting a team to win a championship at the outset of … Bet also has a prefixive function meaning "in," suggesting God's intention of abiding within the realm of creation. How to use bet in a sentence. A midrash explains why Bet was selected as the first letter of the Tanakh (the word bereshit, the first word of the Torah). Find out what is the full meaning of BET on Abbreviations.com! Futures bet: A long-term wager that typically relates to a team's season-long success. 'Black Entertainment Television' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. We are constantly updating our database with new slang terms, acronyms, and abbreviations. I can do way more pushups than you." These signs signify how either side of the wager will pay. The underdog team or player on the moneyline is the team that’s expected to lose. The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit. This page explains what the slang term "Bet" means. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook. 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