Etymology
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betting (n.)

"the making of wagers," 1590s, verbal noun bet (v.).

updated on May 22, 2017

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Definitions of betting from WordNet

betting (adj.)
preoccupied with the pursuit of pleasure and especially games of chance;
a betting man
Synonyms: dissipated / card-playing / sporting
From wordnet.princeton.edu, not affiliated with etymonline.