"Betting bottom dollar on" is a common phrase that means to risk everything on a certain outcome. The correct spelling is "bottom dollar," which is pronounced as /ˈbɑtəm ˈdɑlər/ using the International Phonetic Alphabet (IPA). The word "betting" is pronounced as /ˈbɛtɪŋ/ using the IPA. The phrase originated in the United States during the 1800s when money was scarce, and the "bottom dollar" was the last dollar one had left to bet. Nowadays, the phrase is used to express confidence in a particular outcome or decision.
Betting bottom dollar on refers to the act of risking or wagering one's entire monetary stake or investment on a particular outcome or prediction, with a high level of certainty or confidence. The phrase is often used in a figurative sense to express great confidence or assurance in the success or truth of a prediction or decision.
The term "bottom dollar" signifies the last or remaining sum of money one possesses, signifying the utmost importance or value of the wager being placed. It implies that one is so convinced of the result that they are willing to put all their money or resources on the line for it.
The expression is commonly used in various contexts, such as sports, finance, and personal situations, where individuals are willing to risk everything they have in anticipation of an outcome. For example, a sports fan may bet their bottom dollar on their favorite team, implying unwavering faith in their victory. In business or financial contexts, someone might use the phrase to express their absolute certainty in a specific investment or prediction, ready to risk their entire capital for it.
In summary, betting bottom dollar on signifies the act of risking one's entire financial stake or investment on a prediction or outcome, demonstrating a very high level of confidence or conviction in the anticipated result.