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What is the meaning of "t the farm" idiom?

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Gerund Form of the Idiom:

Betting the farm could be considered a huge risk.
 
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Idiom Usage:

To bet the farm can be used formally or informally although it is a bit on the informal side.
 
In the imperative:
Don't bet the farm!
 
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Idiom Scenario 3:

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image bet the farm image  
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Idiom Scenario 2:


Two friends are talking about the weather forecast ...
Friend 1: Do you think it will rain during tomorrow's baseball game?
Friend 2: It always rains for the Teacher-Student exhibition game.
Friend 1: Have you checked the forecast?
Friend 2: The forecast says that a system is moving in and that rain is very likely.
Friend 1: If you are willing to bet the farm on it raining tomorrow, then let's buy one hundred umbrellas and make some money.
Friend 2: Absolutely!
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Idiom Scenario 1:


Two students are talking about an upcoming final exam ...
Student 1: Are you worried about the exam?
Student 2: Not at all.  I've studied really hard for the exam and I'm totally prepared.
Student 1: Aren't you worried that this professor always has the most difficult exams?
Student 2: No! I'm willing to bet the farm that I'll get an excellent grade.
Student 1: You're pretty sure of yourself.
Student 2: Yes, I am!
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Idiom Definition:


"to bet the farm"
to be so sure of the outcome that you are willing to risk everything
Synonyms: bet, danger, exposure, fortune, gamble, hazard, jeopardy, liability, luck, opportunity, prospect, risk, uncertainty, venture, wager


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