Definition of betting in English:

betting

Syllabification: bet·ting
Pronunciation: /ˈbediNG
 
/

noun

The act of gambling money on the outcome of a race, game, or other unpredictable event: there was a good deal of betting on the races going on
More example sentences
  • From the 1930s the states in turn legalised state lotteries and off-course betting on horse races, and introduced casinos for continuous gambling.
  • There was some spirited betting on the outcome to the sixth race with steady support for at least four of the runners.
  • The NBA wouldn't even allow Toronto to have a franchise unless legal betting on NBA games was abolished in the whole province of Ontario.

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