bets

<b> Forum for those teaching business English </b>

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Itasan
Posts: 557
Joined: Wed Nov 05, 2003 8:22 am
Location: Yokohama, Japan

bets

Post by Itasan » Sat Jun 09, 2007 7:52 am

This is a dictionary definition of 'BOOKS'.
'a bookmaker's record of bets accepted and money paid out'
I wonder what this 'bets accepted' means here.

Thank you.
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Buddhaheart
Posts: 28
Joined: Fri Jan 05, 2007 1:18 am
Location: Vancouver, BC Canada

Post by Buddhaheart » Sat Jun 09, 2007 6:28 pm

&#65279;A ‘bet’ is “an agreement between 2 persons or groups that the one who is proved wrong about the outcome of an event will give a particular thing or sum of money to the one who is proved right.”
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Itasan
Posts: 557
Joined: Wed Nov 05, 2003 8:22 am
Location: Yokohama, Japan

Post by Itasan » Sun Jun 10, 2007 12:34 am

Thank you very much, Buddhaheart.
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