'Ayt bet' is a variant for 'ight bet' which is a variant for 'aight bet' which is also a variant for 'alright bet'
This phrase is used for challenging someone's statement
an invented term, from a villageoutside of edmonton. apparently it means that you bet but there is no wager on the line. this is the only place you will ever hear this term
nick: lets make a farmers bet on this
mel: a farmers what?
A term used when one has no facts or strong arguments to support some bull shit that he had said. Usually used when the user of the term is confident that the other person has no knowledge on the matter.
Bill: Did you know that the narwal is the only mammal to have a horn?