Bet - Definition - Law Dictionary Home Dictionary Definition bet

Definition :

Bet, means something staked on the outcome of a contingency. Often used as a synonym for wager. It does not include a stake hazarded in the course of gaming, City Index v. Leslie, (1991) 3 All ER 180.

Bet, is the staking of money or other value on the event of a doubtful issue, Halsbury's Laws of England, Vol. 4(1), 4th Edn., Para 2, p. 4.