A bet designates a speculative statement over an event within a future time interval a not well-known result correctly too guessed or with consideration of objective or subjective information wahrscheinlichst possible case of the exit "“to see before"”, without actually knowing the exit of the event (usually).

The bet is to distinguish from the play and/or gambling or contest.

Method

Must with bets at the end of the time interval the exit admits be, thus that one of the possible results actually occurred and only those before determine possibilities the result be can. Must be available at least one option, in order to make an alternative decision possible. A bet mostly takes place between two or several participants, which e.g. split then for the predicted exit of the event and on the specific in each case conditions sport bet into the respective camps.

A employment can be a condition. The employment depends on the own prepared to take risks shank and profit margin, can be minimal, in addition, reach exorbitant finanzille heights. For small employment sport bet is exemplary and for enormous sums Hedge funds, which have the form qasie bet, since Hedge funds a bet deal with the development into financial markets. Footstep the assumed exit one e.g. derivative business or a victory, is not lost the employment.

Fraud

If the exit of an event of a party admits and due to material interest a profit by a bet to be expected is, that is generally felt as fraud and can be criminally punished. However only then the exit of the bet concerns admits was and a bad-cunning deception of the Wettkanidaten with the intention of providing a financial advantage was present fraud, if the Wettkanditat were manipuliet. Fraud can also take place, if a general advantage can become verschaft, without having criminally consequences, but when morally despicably one regards or as cunning are regarded.

As style means

Bets know due to the honour (simple right to have) or as material incentive with the prospect on a profit to be accomplished. Also a bet can be used with a diversity of opinion with the condition that that party, whose statement will prove as incorrect, a certain thing or sum of money incurred the loss and these out to the other party hand must. A suggestion is used every now and then for the confirmation of the own in each case arguments as rhetorical means, without having any loss by the result of the bet to be right except, or similarly as with the pascalsche bet for the support of an argument. Such kind of bets can with disputes over past events be used, with which both parties are safe, which correct knowledge to have and want with a bet this knowledge and its correctness stress. In the litararischen sense there was an agreement between the Protagonisten Mephistopheles and fist in the tragedy fist I von Johann Wolfgang von Goethe as form of a bet, which can be due to the power of the Mephistopheles however only one illusory bet.

See also

• Bookmaker
• Employment monetary amount
• Profit margin
• Robert Hoyzer an example for fraud
• Horse-run
• Debts
• Wind-dog-run

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