The phrase "lets it ride" is often used in gaming and refers to the act of leaving winnings on the table to be wagered on the next hand. The spelling of this phrase can be explained through IPA phonetic transcription. "Lets" is pronounced as /lɛts/, with the "e" sounding like the "e" in "pet". "It" is pronounced as /ɪt/, with the "i" sounding like the "i" in "sit". And "ride" is pronounced as /raɪd/, with the "ai" sounding like the "i" in "bite".
"Let it ride" is an idiomatic expression that originated from the world of gambling, specifically from the popular game of poker. It refers to a situation where a player decides not to remove their previous wager and instead allows it to remain on the table for the next round or subsequent rounds.
In a broader context, "let it ride" can be used beyond the gambling world to indicate a course of action in which an individual chooses to or accepts maintaining the current state or situation, without making changes or taking any further action.
The phrase exhibits an element of risk-taking, as the player or individual purposely avoids withdrawing or reducing their bet or involvement. It implies a level of confidence, a belief that the circumstances or conditions will remain favorable or profitable if left untouched. It also signifies a desire to double down, acknowledging the potential for increased rewards or gains by continuing to invest or remain involved.
In summary, "let it ride" signifies both a gambling strategy and a broader mindset, suggesting a willingness to take a chance, maintain the status quo, and potentially reap greater rewards.