Top Definition
An agreed proposition in which one of the people taking part cannot lose money or items but can gain them
john betted sophie 5 english pounds that he could jump the wall. However he did not jump it but he did not have to pay because it was a "Fabian bet".

the next day John jumped the wall which subsequently meant that sophie lost 5 pounds whilst john gained
by lwvp June 11, 2009
5 Words related to Fabian bet

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