Re:Fail Slower: The Dangers of Punting Too Early
by Mc_Big_G on Wednesday June 30, 2010 @10:36AM
(#1474925)
+ To place a bet, usually at long odds, or a risky one
So that's what they mean on "Dragon's Den" when they say "It's a punt for me.". I guess I assumed something similar, but was never really sure.
In Australian Rules Football, and to a lesser extent in Rubgy and Gaelic football, a "punt" is a kick which is most commonly used in an attacking manner.
As a verb, "Punt" can also mean:
+ A kick of a football
+ A method of propelling a boat with a pole
+ To place a bet, usually at long odds, or a risky one
As a noun it can be:
+ The former unit of money in Ireland
+ An open flat-bottomed boat (usually propelled with a pole)
+ The dent in the bottom of a wine bottle
Your usage matches that I've seen here before, but is not one with which I'm familiar. I wonder if it's preculiarly and specifically North American. In particular, though, it's the exact opposite of other meanings in other parts of the world.