'Ayt bet' is a variant for 'ight bet' which is a variant for 'aight bet' which is also a variant for 'alright bet' This phrase is used for challenging someone's statement
Example 1 Travis: You can't make that shot Lamar: Ayt bet Example 2 Kevin: What do you think about this girl? Apollo: Nah she's out of your league Kevin: Ayt bet
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