The most common and most likely answer to this crossword clue is the 6 letter word PUNTED
P
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Buddy explains!
The straight part
We know that "Bet" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case bet = punted.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does PUNTED mean?
PUNTED verb- To propel a punt or similar craft by means of a pole.
- To dropkick; to kick something a considerable distance.
- To equivocate and delay or put off (answering a question, addressing an issue, etc).
- To retreat from one's objective; to abandon an effort one still notionally supports.
- To make the best choice from a set of non-ideal alternatives.
- To play at basset, baccara, faro, etc.
- To stake against the bank, to back a horse, to gamble or take a chance more generally
- To make a highly speculative investment or other commitment, or take a wild guess.