Meaning of side bet | Babel Free

Definitions

1. A bet on some aspect of a game or competition that is not the main bet of the game or the prize of the competition.
2. An investment or risk undertaken by a company that is not part of its core business.
3. An investment of time, money, or resources that reinforces one's commitment to a course of action.

Examples

“The fight⟳ lasted ten minutes and along with the championship of New Jersey, Banks won a side bet⟳ of $50.”

“Start⟳ off the dice-rollin' mats for craps to cee-lo / With side-bets, I roll a deuce, nothin' below”

“However, even if the harm⟳ of using side bets exceeds the benefit, the parties would still have⟳ an incentive to place⟳ side bets on the outcome of the trial once the jury starts deliberating.”

“A hand can come⟳ up where the right play⟳ for the tournament is the wrong play⟳ for your side bet⟳.”

“Craps is also worth mentioning because of the possibility of making a curious side bet⟳ in which you can bet⟳ with the house; that is, against the player throwing the dice.”

“Developing a lucrative side bet⟳ for baccarat, blackjack, craps, or roulette may be an attractive pursuit for a casino game designer because the basic game is in place⟳; the side bet⟳ can be marketed to casinos as an add-on to a game already on offer⟳.”

“While this may reflect⟳ the relative low-key presence of small business representatives in Washington, I think⟳ it more reflects the basic prejudice of the small business case by the indifference and inattention of policy-makers to what they regard as a side-bet or peripheral issue⟳ regarding small business.”

“They do this by attempting to ensure the success and development of a strong, secure but flexible business, but also by continually experimenting with 'side-bet' ventures.”

“A telling example of managing a side bet⟳ can be seen in the Garcia Tuñon company of Venezuela, which for two generations had specialized in a General Motors dealership through considerable economic and political turbulance. A third-generation wanted to continue⟳ the dealership and related businesses but also to diversify away from the car industry without incurring too much reputational risk⟳. So while managing and growing the core business, he tinkered with Internet-based business opportunities but kept these explorations away from the company brand to preserve⟳ the legacy in case they did not work⟳.”

“P&G's speculative side-bet was responsible for virtually all of its losses, and the devil was definitely in the details of this transaction.”

“It is assumed in these studies, for instance , that : (1) age "is" a side bet⟳ because the longer an employee is in an organization the more benefits he has "built up" and that (2) the nature or the correlation between age and desire to stay⟳ in the organization is used as confirming or disconfirming evidence of the side bet⟳ stature of the age variable.”

“Side bets aren't always explicit, nor do they necessarily involve⟳ money. A side bet⟳ occurs anytime you do something that increases the consequences, or losses, of not staying with it.”

“There is little, if any, literature on the concept of a side-bet reemergence on the occasion of an employee relinking with a previous supervisor.”

“Any decision about the new job involves a financial side bet⟳ the pension fund has placed for him by its rules.”

CEFR level