betting
v.v. to risk money on the result of a game, race, or future event. You do this when you are sure you know who will win or what will happen.
v. to stake money or something of value on the outcome of a future event or contest. Often used figuratively to express strong confidence in a prediction or statement.
He is betting ten dollars on the red team.
Many people enjoy betting on horse races during the summer festival, though most only wager small amounts for fun.
Economists are betting that the central bank will lower interest rates by the end of the quarter to stimulate consumer spending.
The verb is often used with the preposition 'on' before the event or outcome.
I am betting for the blue horseI am betting on the blue horseThe verb takes the preposition 'on' to indicate the subject of the wager.