A colloquial term for okay/ok. It is articulated in a swaggy way and is usually used privately between close friends and/or family (to avoid sounding stupid in a public setting.)
betting on losing dogs comes from a song called “I bet on losing dogs” by Mitsuki Laylock (Originally known as Mitski) which is about getting your hopes up in toxic cycles and failing over and over again watching yourself suffer because you’re not getting the validation and reassurance you need for survival
Person 1: Hey, I found out what I Bet on losing dogs is about ,*show a video of what it’s about *
Person 2 : that’s sad ig…🧍 ♀️
*self-testing that friend will pick up at 50th call*
*leaves a friend 17 missed calls*
*friend picks up at 18th call*
Me : Aw man! I lost a self-bet now I gotta give myself 10 $!