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A wager on principle rather than for significant amounts of money.
A typical Gentleman's Bet will be for no money or a nominal sum (e.g., $1) with the "prize" of being correct going to the winner. Think of Trading Places and the bet the Duke brothers made.
by thesellman April 16, 2014
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Apr 22 Word of the Day
When you eat dirt for the first time and leave your family to build a shack in the woods
Bro since I got dirtpilled on Tuesday I have made sooo many worm friends and made them soo many little houses to get married in. Me? Lonely? No you’re the lonely one u lawn owning freak
via giphy
by ecogoth December 30, 2020
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2
A bet in which nothing is wagered. The winner recieves nothing but respect.
Guy A: There's no way you're winning this one.
Guy B: Wanna bet?
Guy A: Yeah! It's on!
Guy B: Eat shit because i just won.
Guy A: Well we didn't bet shit so I guess it was a gentleman's bet.
by Jay Danger July 10, 2008
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3
A common bet done in Middle school or High school when idiot men do a little of manly toughness when getting the affections of really pretty girls. For example, a commmon gentlemen's bet sounds like:

Hey i bet i can get her number before you can.
other guy: You're on!Lets start this gentleman's bet
by MikeTao September 09, 2007
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