A wager, typically a sporting event, that is placed before one retires for the evening. Commonplace with the 50+ male demographic from the Midwest, the Piss Bet gives the individual the satisfaction of checking on their Westcoast wager, while making their trip to the toilet at 2am.
Johnny K. has had a nice lil Saturday. Just caught a three-legged parlay, now it’s time to sync up on a Piss Bet. Does Hawaii play tonight?