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What Does ‘Bet’ Mean in Sports Betting?

what-does-bet-mean

A “bet” is simply the act of risking money on the outcome of a game.

It’s an agreement. You’re saying, “I think this will happen,” and the sportsbook (like FanDuel or DraftKings) is taking the other side of that.

  • If your prediction is right, you win your original money back, plus a profit.
  • If your prediction is wrong, you lose the money you risked.

That’s it! Whether you’re betting on the winner, the point spread, or the total score, you’re placing a “bet.”

You’ll also hear it called a wager,” which means the exact same thing.