1 definition by chillywilly69

Top Definition
A bet where no wager is made. Originated within the Ukrainian farming community in northern Alberta who were well known for their penny-pinching ways.
Michael: I think it's going to rain.
Ken: Want to make a farmer's bet on that?
Michael: Sure, no loss to me!
by chillywilly69 July 16, 2012

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.

×