betting

Risking cash hopefully

Betting is wagering money or something of value on an uncertain outcome—a game, race, election, or any event where the result isn't known.

The term covers both the activity illegal betting operations and the industry sports betting has exploded since legalization.

I'm betting he doesn't show up expresses confident prediction without actual stakes.

industry

casino

Facility for wagering

regulation · license · house edge · croupier · slots · baccarat · roulette · blackjack · tote · sportsbook

sports

odds

Likelihood expressed numerically

underdog · favorite · parlay · stake · tipster · accumulator · over/under · pointspread · bookie · punter

wager

stake

Sharpened post or share

  • antePre-deal poker payment
  • oddsLikelihood expressed numerically
  • layPlace down flat

back · spread · martingale · payout · winnings · longshot · even money · double or nothing · all-in · hedge

horseracing

jockey

Professional race rider

racehorse · handicapping · trifecta · quinella · exacta · superfecta · furlong · derby · turf · track

risk

speculation

Unproven theorizing or risky investment

uncertainty · exposure · loss · volatility · hedge · calculated risk · long odds · high-roller · all-in · bust

addiction

compulsion

Irresistible urge to act

relapse · cravings · withdrawal · obsession · debt · chasing losses · self-exclusion · hotline · intervention · recovery

Categories
Opposites
financial risk behavior

bettingsaving

Reserving for future use

hoarding · insuring · hedging · penny-pinching · playing it safe

certainty of outcome

bettingguaranteeing

Promising with certainty

ensuring · securing · knowing · certainty · sure thing

self-discipline and indulgence

bettingabstaining

Voluntarily doing without

refraining · strict · nonindulgent · self-denial · sobriety

Phrases
Family

betting shops, betting shop

Familiarity
Top 10,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated PG