Definition: A wager, an agreement between two parties that a stake (usually money) will be paid by the loser to the winner (the winner being the one who correctly forecast the outcome of an event).
Alright class, settle down, let’s take a look! Now you've come across a tricky word today – “bet.” Let’s break it down nice and slow. The dictionary gives us a good clue, don't you know? It says a "bet" is like a playful game, a little test of fame. Think of it as a wager , a friendly plea, Two folks agree, “Let’s see who can be free!” They make an agreement , clear and bright, A stake will change hands, with all its might! Usually it's money, you see, The loser pays the winner, happily! The winner then forecasts, true and bold, The outcome of events, a story to be told. So if they guess right, with a confident cheer, The loser’s coins are theirs, crystal clear! In short: A “bet” is a gamble, a chance you take, To see who's cleverest, for goodness sake! Do you have any questions about this little rhyme? Don't be shy, let’s discuss it time after time!