Definition: bet

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Source: WordNet (r) 1.7 

bet
     n 1: the money risked on a gamble [syn: stake, stakes, wager]
     2: the act of gambling; "he did it on a bet" [syn: wager]
     v 1:  maintain with or as if with a bet; "I bet she will be
          there!" [syn: wager]
     2: stake on the outcome of an issue; "I bet $100 on that new
        horse"; "She played all her money on the dark horse" [syn:
         wager, play]
     3: have faith or confidence in; "you can count on me to help
        you any time"; "Look to your friends for support"; "You
        can bet on that!" "Depend on your family in times of
        crisis" [syn: count, depend, look, calculate, reckon]

Source: Webster's Revised Unabridged Dictionary (1913) 

Bet \Bet\, n. [Prob. from OE. abet abetting, OF. abet, fr.
   abeter to excite, incite. See Abet.]
   That which is laid, staked, or pledged, as between two
   parties, upon the event of a contest or any contingent issue;
   the act of giving such a pledge; a wager. ``Having made his
   bets.'' --Goldsmith.
Bet \Bet\, v. t. [imp. & p. p. Bet, Betted; p. pr. & vb. n.
   Betting.]
   To stake or pledge upon the event of a contingent issue; to
   wager.

         John a Gaunt loved him well, and betted much money on
         his head.                                --Shak.

         I'll bet you two to one I'll make him do it. --O. W.
                                                  Holmes.
Bet \Bet\,
   imp. & p. p. of Beat. [Obs.]
Bet \Bet\, a. & adv.
   An early form of Better. [Obs.]

   To go bet, to go fast; to hurry. [Obs.] --Chaucer.