1 definition by chillywilly69
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!
Ken: Want to make a farmer's bet on that?
Michael: Sure, no loss to me!
by chillywilly69 July 16, 2012