side bet

A "side bet" refers to an additional wager or investment made alongside the primary one, often used to increase excitement or diversify risk.

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Definition

(informal)An additional wager placed on specific aspects or outcomes within a game, separate from the main bet.

In blackjack, he placed a side bet on 'Perfect Pairs' hoping to get a pair of aces.
She enjoyed making side bets during poker games for extra excitement.

(technical, corporate)An investment or risk undertaken by a company that is not part of its main operations.

The tech company made a side bet by investing in a startup developing renewable energy solutions.
Their side bet on the new marketing strategy paid off significantly.

(academic)An investment of time, money, or resources that reinforces one's commitment to a particular course of action.

His volunteer work can be seen as a side bet, strengthening his dedication to the community cause.
The extra courses she took were a side bet to ensure her success in the new career path.

Terms that have similar or relatively close meanings to "side bet":