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LSDefine

Simple English definitions for legal terms

bet

Read a random definition: undisclosed principal

A quick definition of bet:

Term: BET

Definition: A bet is when someone puts money or something else valuable on the line to try and predict the outcome of a game or event. It's like making a guess and if you're right, you win the bet and get the prize. But if you're wrong, you lose the bet and the other person gets the prize.

A more thorough explanation:

BET

Bet is something, usually money, that is risked or pledged as a wager.

  • He placed a bet on the horse race.
  • She made a bet with her friend that she could finish the puzzle faster.
  • They all put in some money for the bet on the football game.

These examples illustrate how a bet involves risking something, usually money, on the outcome of an event or situation. In the first example, the person is risking their money on the horse race. In the second example, the person is risking their money on their ability to finish the puzzle faster than their friend. In the third example, a group of people are all risking their money on the outcome of the football game.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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