In this context, "bet on black" is to gamble (as pointvirgule noted, the term comes from roulette).
We are looking to bet everything on black, Time Bandit black, and hit the mother lode. <Time Bandit is the name of their boat> The only thing that comes to (at least my) mind is that they are investing all their efforts (and gear) in that particular secret spot.
Bet on Black, occasionally referred to as "Snail Race", is an advertising campaign run in 2000 by Diageo to promote Guinness -brand stout in the United Kingdom. The piece, directed by Frank Budgen, follows a snail race taking place in a town of Latin American appearance.
If you’re betting on single numbers, for example, you have a 2.7% chance of winning a 35-1 payout when playing European roulette. If you make a red or black bet, you have a 48.6% chance of doubling your money. Understanding all of the different roulette bets will help you make better betting decisions.
It’s also worth noting that BET is an acronym for Black Entertainment Television. Pioneered by Robert L. Johnson, the BET cable network premiered in the 1980 and has been a major influence in black music, news, comedy, and culture ever since.
1. To place a bet of some amount on some event: I bet $5 on the first race of the evening. I'm not going to bet on the last race. 2. To place a bet of some amount on some participant in an event: We bet $200 on the home team, but they lost. Don't bet anything on me in this game; I'm not a very good player.
There are 18 black slots, 18 red slots and two green slots (0 and 00) on a US roulette wheel*. Your chances of hitting a black or red are equal, 47.4%. This translates to a 52.6% probability that the house will be scooping up all your chips on a black/red bet. The 5.26% 'spread' is known as the house edge.
In response to a statement. Slang for Fa sho, which is slang for For sure; which means Sure or Okay. (Derived slang from the 1980's.)