A HOT bet is a wager with extremely high odds on an event. The term "HOT" is used to describe the high likelihood of the event occurring. Professional gamblers typically place this type of bet or those with inside information who know how to gamble responsibly. The high odds of a HOT bet make it an attractive option for gamblers looking to make a quick profit. However, the risks are also bigger, and there is no guarantee that the event will occur. For this reason, HOT bets should only be made by experienced gamblers who are comfortable with taking on high risks.