Origin: Germanic Old English prefix
Bets has 3 different meanings across 1 category:
plural of bet
"She placed her bets on the favorite to win the race before the crowd cheered."
Third-person singular simple present indicative form of bet
"She bets that the team will win the championship game."
In plain English: To bet means to risk money on something you think will happen, hoping to win more if your guess is right.
"I bet you can't solve this puzzle in five minutes."
A diminutive of Elizabeth.
"The new baby was christened Bets, a sweet nickname her grandmother used for Elizabeth."