👉 The term "betted" in the context of gambling refers to a person who has been given money or other financial resources by another person, usually through an agreement or arrangement. This type of transaction is often referred to as a "bet" because it involves a wagering of some form of money or assets on the outcome of a game or event. Betting in this way can be seen as a form of gambling that may involve risks and uncertainty, as there is always a chance of losing money