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To 'have a punt' means to bet prospectively on something that probably won't win.
"What so you think Shergar is coming in at Cheltenham?"

"Not really, but I'll have punt on that"

or

"That stuck up bitch over there only sleeps with guys who have at least 10 grand in their pocket and a diamond bed to sleep on"

"Fuck mate, have a punt, if it don't work out, nothing lost."
punt by cocktwist March 18, 2010
Related Words
punt puntang punter Punta punting Punto Punted punti punty Punta Gorda
A session with a prostitute ( word commonly used in Australia/New Zealand)
Brooke was my first punt and she was amazing.
punt by punterooni August 2, 2019
to buy time, delay

This is likely in reference to football (American) where a punt after possession is used to keep the opposing team from scoring for as long as possible.
Person A: Why did you turn them down?
Person B: I was punting! They were trying to force me into a bad deal.
punt by Johnald141 November 25, 2007
Flat bottomed, small, open boat that is powered by a person pushing along with a long pole. Similar to a Venetian gondola. Used in shallow waters (unless you have a really long pole.)
The waters around Cambridge University are often full of silly punts.
punt by robcraine December 28, 2005
punt predates the AIM definition with its use on AOL.

To punt someone was to kick them offline through the use of a known IM exploit, usually with a program written expressly for that purpose. It was usually something like a buffer overflow or what not.
dude, i just punted that whore
punt by laissez faire September 20, 2004
To fail miserably
I punted that test last week
Punt by Wings0298 March 19, 2010