Definition of

Bet

Force

A bet is risking money trusting that something will have a certain outcome or develop in a certain way.

Bet is the action and effect of betting . This verb , which comes from the Latin apponere ( "to place" ), refers to risking money in the belief that something will have a certain result or will occur in a certain way. If the person placing the bet is correct in their prediction, they win the money; otherwise, you lose it.

Known as a bet, on the other hand, is the money that a person risks in a game of chance or cards , such as roulette or poker.

For example: "I won the bet: I said that the team would beat its rival by more than two goals, which finally happened," "Tomorrow I will stop by your house to collect the bet," "I will pay for dinner with the team's money. " bet" .

Bet example

Take the case of two friends who are watching a tennis match on television. One of them says that player X will win, while the other maintains that the winner will be player Y. The friends, therefore, decide to make a bet: whoever guesses the winner of the match will get twenty pesos (that is, whoever doesn't guess correctly must pay the other those twenty pesos).

It should be noted that the bet does not necessarily have to involve money. In the example above, friends can bet that the loser must go out dressed in women 's clothing.

The risks

A bet can generate large losses , both for the person who makes it and for the company that receives it and promises payment if it is correct . Regarding the first possibility, there are countless cases of people who have bet their houses, their cars and other belongings of great economic value and who have lost everything in just one night at the casino; Needless to say, an individual in his right mind cannot reach the point of risking all his material assets in a game of chance .

On the other hand, many betting houses and casinos have declared million-dollar losses throughout history, both due to technical failures of some of their machines and due to absolutely implausible events, generally in the field of sports, which turn those who win into winners. They dared to make a seemingly absurd bet with no future .

Casino

Different types of bets can be made in casinos.

The bet as trust

A bet, in another context, can be the trust placed in a person or an initiative, without being certain about its performance or development: "This player is a personal bet for the president, since the coach did not agree." with his hiring" , "Opening the bakery was a gamble that turned out very well for me" .

There are numerous cases of people who have achieved fame after someone placed their trust in them, despite not having the support or approval of those around them. In the field of music competitions , for example, more than once there have been stories of judges sponsoring some of the participants who did not reach first place, or even who did not even reach the last stage of the competition, considering that they had a talent that was difficult for the rest to understand.

The bet, from this point of view, may or may not entail a loss of money, or a gain as a consequence of the success, but it is not always carried out for economic interests ; Although both cases can be satisfactory for those who receive the trust and the opportunity to fulfill their dreams, a story in which this help is provided in an absolutely altruistic way is always more beautiful, as a gesture that seeks to do justice to the lack of luck. of the sponsored person.