Learn English – Why did this Brit say “took a punt”

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Recently listening to a podcast, I heard someone (of unknown British origin) use 'take a punt' in the sense of 'take a chance.' Perhaps this is due to punting in American English referring to American Football, I am at a loss as to why punting would be risky.

  • Is this phrase common in the UK?
  • How did this phrase come about and is it related to a sport? (I assume it's not American Football, as punting is the 'safe' play for fourth down, as opposed to "going for it.")

Best Answer

In British English, take a punt means bet; it is an informal phrase, though.
Its origin is early 18th century, from French ponte ("player against the bank"), from Spanish punto ("a point").

In Australian, take a punt is an informal phrase for "attempt to do something."

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