"punt" in the noun sense
1. Irish pound, Irish punt, punt, pound
formerly the basic unit of money in Ireland equal to 100 pence
an open flat-bottomed boat used in shallow waters and propelled by a long pole
3. punt, punting
football) a kick in which the football is dropped from the hands and kicked before it touches the ground
"the punt traveled 50 yards"
"punting is an important part of the game"
"punt" in the verb sense
kick the ball
2. punt, pole
propel with a pole
"pole barges on the river"
"We went punting in Cambridge"
3. bet on, back, gage, stake, game, punt
place a bet on
"Which horse are you backing?"
"I'm betting on the new horse"
Source: WordNet® (An amazing lexical database of English)
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