noun / verb

wager

WAY-jer/ˈweɪdʒər/

A bet of money or something valuable on an uncertain outcome.

Two adults use chips to place wagers on a horse race.

Two adults place modest betting chips beside a race track model before a horse race, clearly stake on uncertain outcome, no casino clutter.
Etymology

A wageure was a pledge or security. The connection to betting is the stake: something pledged and put at risk on an uncertain outcome.

In context

Storytime Haven187:14
“But strong as he flies, he cannot out fly Margot. Bishop, I lay you ten gold pieces to one that the heron is mine.” “I cover your wager, sire,” said the Bishop.
Sir Nigel ⚔️🌟 | A Tale of Chivalry and Adventure | Arthur Conan Doyle

More examples

  • She makes a small wager on the championship game.
  • We wager five dollars on who can finish first.
  • He lost his wager when the favored horse finished last.

Forms

wager · wagers · wagered · wagering

bettor noun — A person who bets on uncertain outcomes.

Similar words

bet
The more common everyday word for the same action or arrangement.
stake
Specifically the money or valuables risked, rather than the betting arrangement.
gamble
Emphasizes taking a risk, sometimes without an actual bet.