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What do 'bet money on money' and 'I’m for money against the field' mean?

“Now, don’t say that,” said old Anthony, shocked. “I bet my money on money every time. I’ve been through the encyclopedia down to Y looking for something you can’t buy with it; and I expect to have to take up the appendix next week. I’m for money against the field. Tell me something money won’t buy.”

Mammon and the Archer by O. Henry (last paragraph of page 73)

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"I bet my money on money" means that the speaker believes money wins all contests. One could bet his money on a horse winning a race; to bet money on money itself is a humorous expression.

"The field" is probably a reference to horse racing, "all the runners in a race":
Horse racing terms "field"

So, in context, it means means that money beats everything it is in competition with.

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