2 Sentences With "bets money on"

How to use bets money on in a sentence? Find typical usage patterns (collocations)/phrases/context for "bets money on" and check conjugation/comparative form for "bets money on". Mastering all the usages of "bets money on" from sentence examples published by news publications.

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It's hard to find an exact analogy, but mining is like the reverse-style of craps that bets money on sevens rolling early and often. from Vice
A martingale d is a betting strategy. d reads a finite string w and bets money on the next bit. It bets some fraction of its money that the next bit will be 0, and then remainder of its money that the next bit will be 1. d doubles the money it placed on the bit that actually occurred, and it loses the rest.