"betting" in the verb sense
1. bet, wager
maintain with or as if with a bet
"I bet she will be there!"
2. bet, wager, play
stake on the outcome of an issue
"I bet $100 on that new horse"
"She played all her money on the dark horse"
3. count, bet, depend, swear, rely, bank, look, calculate, reckon
have faith or confidence in
"you can count on me to help you any time"
"Look to your friends for support"
"You can bet on that!"
"Depend on your family in times of crisis"
"betting" in the adjective sense
1. dissipated, betting, card-playing, sporting
preoccupied with the pursuit of pleasure and especially games of chance
"led a dissipated life"
"a betting man"
"a card-playing son of a bitch"
"a gambling fool"
"sporting gents and their ladies"
Source: WordNet® (An amazing lexical database of English)
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